BASF Expands Production of Ammonium Chloride at Ludwigshafen Plant

Group 1 - BASF SE has increased ammonium chloride production at its Ludwigshafen facility by 50% while enhancing product quality to meet rising demand [1][2] - The new manufacturing process is integrated into Verbund manufacturing, demonstrating BASF's commitment to being a leading supplier of ammonium chloride [2] - Ammonium chloride has diverse applications, including food preparation, animal feed, battery manufacturing, and as a tanning agent in leather [3] Group 2 - BASF's shares have declined by 16.6% over the past year, compared to an 8.8% decline in its industry [4] - In the basic materials sector, Carpenter Technology Corporation has shown strong performance with a 138.9% increase in shares over the past year [5] - New Gold has also performed well, with a 65.8% increase in shares over the past year [6] - CF Industries has seen a modest 7.8% increase in shares over the past year [7]