BASF to boost production capacity for blockbuster fungicides in Germany and the United States
Investment of more than €200 million to enhance capacities and flexibility
BASF is making an investment of more than €200 million to scale up and further integrate production and formulation capacities in order to meet continued demand for several key fungicides, including F 500 and Xemium. The investment drives significant expansions at facilities in Schwarzheide and Ludwigshafen, Germany, as well as Sparks, Georgia, USA. These measures will increase production capacity, flexibility and efficiency. It is one of the division’s largest capital investments in recent years.
“We continue to expect strong market demand for our portfolio of innovative products in the future. That is why we increased the estimated peak sales potential of our pipeline to €2.8 billion earlier this year,” said Markus Heldt, President of BASF’s Crop Protection division. “These investments will help to increase our operating efficiency and flexibility, so that we can continue to contribute to sustainable agriculture through our innovative solutions for farmers around the world.”
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