Tuesday, August 19, 2008

BASF adds more businesses for sale in divestment of global styrenic business

Faced with menacing petrochemicals supply glut in the Middle East and rising feedstock prices, BASF put more of its plastics business up for sale. In January 2009, BASF will complete the divestment prrocess of its global styrenic business and reorganize the business into new subsidiaries.

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