Thursday, July 11, 2024

BASF to close two factories


 

 BASF plans to shut down production of its glufosinate-ammonium herbicide due to growing competition as well as high energy and raw material costs.


The move will impact two production sites in Germany.


BASF said it faced growing competition from generic suppliers of glufosinate-ammonium and alternative technologies.

Nevertheless, glufosinate is to remain a “key component” of the company’s herbicide portfolio. In future, it intends to source the active ingredient from third-party suppliers.

BASF is also working on the development of next-generation glufosinate solutions, which should 
achieve the same effect with significantly lower quantities.