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January 11, 2010
By: KERRY PIANOFORTE
Editor, Coatings World
BASF has entered into a definitive agreement to divest its surfactants manufacturing site in Clear Lake, TX, in an asset sale to Clear Lake Chemicals LLC (CLC) of Pasadena, TX. CLC is a wholly-owned subsidiary of Gulf Bayport Chemicals LP. Completion of the divestiture is subject to certain conditions and approvals, and was expected to be completed by Dec. 31, 2009.
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