Q1 sees BASF off to a flier

May 2006
ICIS Chemical Business;5/8/2006, Vol. 1 Issue 18, p10
Trade Publication
The article reports on the decision of BASF to increase its 2006 earnings forecast after it posted a strong profit growth in the first quarter of the year. Raw material prices and plant closures will likely affect the petrochemicals businesses of the company. The scheduled plant turnarounds in Port Arthur, Texas may lead to lower sales in the second quarter. Among the factors that affected the petrochemicals earnings in the first quarter are naphtha costs and maintenance.


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