BASF to Halt Adipic Acid and Chemical Production at Ludwigshafen
BASFYBasf(BASFY) ZACKS·2024-09-02 23:50

BASF SE (BASFY) announced the cessation of production for adipic acid, cyclododecanone (CDon) and cyclopentanone (CPon) at its Ludwigshafen site. The production facilities for CDon and CPon are scheduled to shut down in the first half of 2025, while the remaining adipic acid production at the site will be discontinued later in the same year.This decision is part of BASF's ongoing strategic review of its production setup at Ludwigshafen to maintain competitiveness amid evolving market conditions. BASF’s Stra ...