BASF to invest over €200m in fungicides expansion in Germany, US

25 September 2012 08:26  [Source: ICIS news]

SINGAPORE (ICIS)--BASF is investing more than €200m ($260m) to expand its fungicide capacities in Germany and the US, the German chemicals major said on Tuesday.

The investment will “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 company said in a statement.

The investment will support major expansions at the company’s facilities at Schwarzheide and Ludwigshafen in Germany, as well as at Sparks, Georgia in the US, it said without elaborating.

($1 = €0.77)

By: Nurluqman Suratman

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