Sabo enters into a license agreement with BASF

Sabo announces today that it has entered into an agreement with BASF for a license of the Chimassorb® 2020 technology.

Chimassorb 2020, a highly successful innovation of BASF, combines exceptionally high UV and long-term thermal stability in applications such as polypropylene fibers and tapes. Demand for solutions based on Chimassorb 2020 has been steadily increasing, and the technology will grow as the product of choice for many applications.

The acquisition of the license for the technology will further expand the product range of Sabo SpA and complements the offer of high molecular weight monomeric light stabilizers already produced by the Italian firm.

Sabo SpA is a privately owned specialty chemicals company, located in Bergamo (Italy) with a leading position in the development and manufacturing of light stabilizers for plastics and coatings. Sabo operates from its headquarter in Italy and from Sabo International SA, Basel (CH). The company is also active in the development and manufacturing of specialty chemicals, including ingredients and surfactants for application in plastics, personal care and industrial applications.