View from a bio-high reactor of the operator Infraserv on the industrial park area.
(Photo: picture-alliance / dpa)
Düsseldorf, Frankfurt In the German chemical industry, the sale of another leading chemical park is on the way. The operating company of the Höchst industrial park is to be put up for sale, as several people familiar with the matter told the Handelsblatt.
The Deutsche Bank had been commissioned to find a buyer for the company. It is still unclear whether all three major owners – the chemical companies Clariant and Celanese as well as the medical manufacturer Sanofi – will part with their shares of almost a third each.
The Höchst industrial park near Frankfurt is one of the most traditional chemical complexes in Germany. More than 22,000 employees from various manufacturers and service companies are represented on the former production site of Hoechst AG, which was dissolved in the 1990s. After Chempark Leverkusen, the facility is the second largest of its kind in Germany and one of the largest in Europe.
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