German chemicals giant BASF reports profits based on price hikes
DPA – Yesterday 4:09 AM
German chemical company BASF said on Wednesday that it managed to boost net income by 26.3% in the second quarter thanks to “significant price increases.”
BASF Prepares To Slash Ammonia Production In Germany Amid Worsening NatGas Crunch
by Tyler DurdenWednesday, Jul 27, 2022 – 08:30 AM
German chemicals company BASF SE paid an extra 800 million euros ($809.5 million) to keep its plants operating in the second quarter compared with a year earlier amid skyrocketing natural gas prices.