BASF India closes Turbo Tube Dryer unit at Dahej
Chemical

BASF India closes Turbo Tube Dryer unit at Dahej

The decision to close the TTD unit was taken due to its technology not reflective of current Indian market standards

  • By ICN Bureau | February 05, 2025

The Board of Directors of BASF India Limited have approved the closure of Turbo Tube Dryer (TTD) Unit at company’s manufacturing site at Dahej, pertaining to the company's Care Chemicals business.

The decision to close the TTD unit was taken due to its technology not reflective of current Indian market standards leading to low utilization, high maintenance, increased production of off-specification materials, frequent write-offs and adverse performance.

The closure of the Turbo Tube Dryer Unit is expected by the first half of 2025 and will lead to direct fixed cost savings as against the unit earnings loss, which is estimated to be minor.

During FY2023-24, the Turbo Tube Dryer Unit, forming part of the Care Chemicals Business under Nutrition & Care Segment, contributed revenues of Rs. 37.7 crore representing 0.3% of the total revenues of the company.

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