date:Jun 25, 2023
to sell its minority shareholding in Elivia to Terrena, the majority shareholder of the French company. Since 2015, significant investments have been made at Elivia, and improved performance has resulted from the two companies' collaboration. Following ongoing discussions and a review of long-term business strategy, both parties have decided on alternative arrangements for the ownership of the company.
BASF has strengthened its Ludwigshafen, Germany, site with additional plants for menthol and