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Market Updates

BASF Nutrition Division Moves to Global Headquarters

BASF’s new Nutrition & Health division will establish global headquarters in Lampertheim, Germany. Approximately 150 employees will move into office space in Lampertheim at the start of 2011. The Nutrition & Health team is currently working at different locations in Ludwigshafen and Limburgerhof.

Until its establishment this summer, the businesses of the Nutrition & Health division were part of the BASF Care Chemicals division. The new division had been formed to prepare for the integration of the Cognis businesses. The acquisition of Cognis Holding Luxembourg S.à r.l. is subject to clearance by the relevant merger control authorities. Closing of the transaction is expected for November 2010. Following the acquisition, parts of the Cognis businesses will be integrated into the Nutrition & Health division, according to BASF.

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