Agreement signed to acquire shares in Domo Chemicals
BASF wants to become sole owner of Alsachimie
Monday, 02. June 2025
| Redaktion
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Aerial view of the Chalampé site, where the joint venture Alsachimie between BASF and Domo Chemicals is located
Aerial view of the Chalampé site, where the joint venture Alsachimie between BASF and Domo Chemicals is located, Photo: BASF

At the end of May 2025, BASF and Domo Chemicals entered into an agreement granting BASF the right to acquire Domo Chemicals' 49 percent stake in the Alsachimie joint venture. BASF currently holds 51 percent of the shares in the company, which was founded in February 2020. The transaction is subject to consultation with Alsachimie's social partners, as required by law. Both companies expect the acquisition to be completed by mid-2025.

BASF strengthens Chalampé site and PA 6.6 value chain

With the planned acquisition of Alsachimie, BASF is pursuing a strategic expansion of its activities at the Chalampé site in France. This site is home to the European center for the production of polyamide 6.6 precursors. Full control of Alsachimie would enable BASF to further develop its production structure in a targeted manner. The company deepens the backward integration of essential raw materials within the PA 6.6 value chain.

Dr. Stephan Kothrade, member of the Board of Executive Directors of BASF SE, explains: “As a key supplier for polyamide 6.6 precursors, it is our priority to ensure the reliable supply in Europe. By taking over the shares of our partner Domo Chemicals, we are further strengthening our leading position and long-term commitment to the polyamide 6.6 value chain and paving the way for future growth with our customers in industries such as automotive and textiles.”

Domo Chemicals focuses on customer-oriented polyamide solutions

For Domo Chemicals, the planned withdrawal from the joint venture is part of a strategic realignment. CEO Yves Bonte emphasizes: “For Domo Chemicals, the intended transaction aligns with our strategy to continue to focus on delivering tailored polyamide solutions in the core segments automotive, consumer goods, industrial and electrical & electronics industries.”

Alsachimie supplies key precursors for plastics production

Alsachimie is based on the German-French border. It produces important starting materials for the manufacture of polyamides, including Ka oil, adipic acid, and AH salt (hexamethylenediamine adipate). These substances are essential for the downstream production of polyamide 6.6, which is widely used in the automotive, textile, and electronics industries, among others. With the planned complete takeover, BASF is securing control over a key raw material source. At the same time, it strengthenings its industrial base for a stable supply to the European polyamide industry.

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Keywords:
BASF Domo chemical industry