BASFY Launches New World-Scale Plant in France for HMD Production
BASFY stock has gained 4% over the past year compared with the industry's 22.4% decline. Image Source: Zacks Investment Research BASFY's Zacks Rank & Key Picks Key Takeaways BASF SE (BASFY) successfully began its operations at the new world-scale hexamethylenediamine (HMD) plant in Chalampe, France. The company began its construction in 2022, aiming to increase BASF's annual HMD production capacity to 260,000 metric tons. This facility is a key component of BASF's expansion of its polyamide (PA) 6.6 busines ...