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ALTA Performance Materials signs agreement to acquire BASF’s Palatal business unit

ALTA performance sign on building

ALTA Performance Materials 

Strengthening our presence in South America.

ALTA Performance Materials has signed an agreement to acquire BASF’s Palatal business in Chile, marking an important step in our strategy to strengthen our manufacturing presence and customer offering across the region.

Palatal brings an established regional brand, experienced people, technical expertise and strong customer relationships across construction, mining, aquaculture, transportation and industrial markets.

Following completion, the Concón operation will become our second manufacturing operation in Latin America, complementing our existing presence in Brazil. 

We see significant opportunity in bringing together these complementary strengths, broadening our capabilities and continuing to deliver performance materials that help our customers achieve more.

We look forward to building on the achievements of the Palatal team.

The transaction is expected to complete in Q1 2027, subject to regulatory approvals and customary closing conditions.

Elevating Performance in Composites.