BASF acquires Polycoat Systems

MOUNT OLIVE, N.J. (Jan. 19)—BASF Corp. has acquired Polycoat Systems of Hudson Falls, N.Y., in a move to bolster its training resources and North American distribution. Polycoat is the exclusive distributor of Dow Corning´s Silicone Roof Coating System for the U.S. and the Caribbean while BASF is a supplier of spray polyurethane foam to Polycoat in the eastern U.S. "The Polycoat acquisition allows us to strengthen our commitment to delivering advanced technology, training and products to a broader base of customers," said Joseph Steiner, director of BASF Corp.´s Polyurethane Systems group in North America. Terms of the transaction were not disclosed.