BASF has completed the carve-out of its mobile emissions catalysts and precious metal services businesses and named the separate legal entity BASF Environmental Catalyst and Metal Solutions (ECMS). The company's intention to carve out the entity was first announced in December 2021 with an expected completion timeframe of 18 months. "We have reached this important milestone on time while retaining business continuity for our customers, partners and employees," said Dr. Markus Kamieth, Member of the Board of Executive Directors of BASF SE, responsible for the Surface Technologies segment. "The ECMS team, supported by many BASF and external experts, has done a tremendous job of managing carve-out-related responsibilities while continuing their focus on competitive, cost-effective and innovative solutions for customers, and delivering excellent business results." ECMS has global operations in 15 countries with over 4,500 employees and 20 production sites.