German Company Plans to Boost Output of Its Units
CHEMMONITOR.COM - The Ludwigshafen-headquartered German diversified chemical company BASF SE is going to expand its units located at Schwarzheide and Ludwigshafen sites in order to answer the consumption of fungicides. Moreover, the company operates a plant at Sparks site (USA).
The producer also plans to invest over EUR 200.1 million to increase production. This investment is the largest in recent years.
The demand for the product is likely to be significant in the market.