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Markets :: Fine Chemicals/Biotech :: Agricultural chemicals
BASF Shuts Agchem Site in India
12:07 PM MDT | July 29, 2009 | Deepti Ramesh
BASF India (Mumbai) says that, as part of the rationalization measures undertaken by the company, it has decided to stop production of agchems at its site at Dadra, India. “Dadra is a small unit, where BASF conducts some formulation activities for its agchem products. With the entry of generics into the market, the volumes of agchems that can be formulated at Dadra are expected to come down, impacting the utilization of the plant,” Prasad Chandran, chairman & managing director of BASF India tells CW. “Therefore, the long term strategic...
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