Business Update4 Aug 2026, 02:09 pm
BASF India to close Dahej Care Chemicals plants by year-end
AI Summary
BASF India's Board of Directors has approved the closure of sulfation & low temperature reactor plants for its Care Chemicals Business at the Dahej manufacturing site. This decision, effective by the end of calendar year 2026, is attributed to a challenging competitive landscape in India, leading to overcapacities, high costs, and margin pressure. The Care Chemicals business will continue to operate and serve customers with other products. In FY 2025-26, the affected Dahej operations contributed ₹542 crore in revenue, representing 4% of the company's total revenue and were part of the Nutrition & Care Segment.
Key Highlights
- Closure of specific Care Chemicals plants at Dahej site approved.
- Decision driven by competitive landscape, overcapacities, and margin pressure.
- Affected operations contributed 4% of total revenue in FY25-26.
- Closure expected by end of calendar year 2026.
- Other Care Chemicals products will continue to be manufactured and sold.
Price Impact
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