Flexible Electronics News

BASF Maintains Good Business Performance in the Third Quarter

Sales up 8 percent and EBIT before special items up 5 percent compared with third quarter of 2011

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By: DAVID SAVASTANO

Editor, Ink World Magazine

After a solid first half, BASF maintained good business performance overall in the third quarter. Sales rose by 8% to $19 billion, particularly due to higher volumes. At just under $2.1 billion, income from operations (EBIT) before special items was 5% above the level of the third quarter of 2011. The higher contribution from the Oil & Gas and Agricultural Solutions segments more than offset lower earnings in the chemicals business (which comprises the Chemicals, Plastics, Performance Produc...

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