AKZO UNIT CONCLUDES LICENCE AGREEMENT WITH BASF
Enka BV, a subsidiary of
Akzo NV <AKZO.AS> said it has concluded a licence agreement
with the fibres division of <BASF Corp> of Delaware, a unit of
BASF AG <BASF.F> of West Germany in the U.S. On the Colback
industrial non-woven fibres.
    Enka will supply know-how on the production of non-woven
fibres and Basf will also purchase the right for production and
sale of the Colback products. BASF will start non-woven fibre
production in the U.S. In 1988, Enka said.
    A spokesman for Enka declined to comment on the financial
details of the deal.
 REUTER
