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Poland's Ciech sells unit to BASF for 43 mln euros

WARSAW, Oct 12 (Reuters) - Poland's chemical group Ciech

agreed to sell part of its toluene diisocyanate (TDI) business to Germany's BASF for 43 million euros ($56 million), Ciech said late on Friday.

Ciech expects to close the deal in the first quarter of 2013. ($1 = 0.7712 euros)

(Reporting by Maciej Onoszko)

((maciej.onoszko@thomsonreuters.com; +48 22 653 97 11; Reuters Messaging: maciej.onoszko.reuters.com@thomsonreuters.net))

Keywords: CIECH BASF/