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Sales of BASF Group decreased by 24% in the second quarter to €14.5 billion compared with the same period of 2015
July 28, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
In the second quarter of 2016, BASF saw a slight improvement in the macroeconomic environment. The increase in oil price and pickup in demand since the end of March underline this development. “We experienced robust demand, especially from the automotive and construction industries. However, the macroeconomic situation remains difficult to predict,” said Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE. Sales of BASF Group decreased by 24% in the second quarter to €14.5...
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