BASF profits were firmly up last year, driven by oil and gas revenues. But the company is still implementing a fresh round of cost cutting.
The world's largest chemicals company, BASF, has reported a dent in earnings from its oil and gas business. But its chemicals segment has more than compensated for it, seeing the German firm growing in the first quarter.
The world's largest producer of chemicals, BASF of Germany, has logged a marked slump in third quarter profit. Nonetheless, it's confident that full-year targets can still be met despite falling demand in China.
© 2014 Deutsche Welle | Legal notice | Contact