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January 6, 2010
By: TOM BRANNA
Editor
BASF has sold its special effects films business, marketed by BASF under the trade name Aurora, to RMS Packaging Inc. of Peekskill, NY. The divestiture includes the sale of manufacturing equipment currently housed in Peekskill. As part of the agreement, BASF will transfer 12 employees to RMS Packaging Inc. Financial details were not disclosed. “The sale of the special effect films business is part of BASF’s ongoing portfolio review, and represents another step in our process to realign our ...
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