BASF acquires Solvay's polyamide business BASF (headquartered in Ludwigshafen, Germany) announced on January 31, 2020 that it has acquired the polyamide (Polymer types: PA6, PA66, PA66/6) business of Solvay (headquartered in Brussels, Belgium) for EUR 1.3 billion. Back in September 2017, BASF signed an agreement with Solvay to acquire its global polyamide business, subject to approval by the relevant antitrust authorities. The EU Commission approved the acquisition in early 2019, subject to certain conditions. Further negotiations took another year.