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BASF Group sales decreased by 20% in 3Q2016 as a result of the divestiture of the gas trading and storage business.
October 28, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
In the third quarter of 2016, BASF increased its earnings and volumes in the chemicals business. “Demand from the automotive and construction industries in particular remained robust worldwide. In Europe, we saw moderate growth across all sectors. The summer lull in July and August was less pronounced than in prior years. In Asia, the upward trend continued in the third quarter. Growth in China was slightly higher than we had expected at the beginning of the year. Demand in North America dev...
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