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Tough market conditions hurting BASF earnings a lot

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BASF SE, the world renowned chemical company, is quite upset because of tough market conditions, as the worldwide recession hurts the company’s earnings for 2008-09 more than what it was expecting. The company hasn’t estimated on this new outlook, but during November it dumped its target to go with the earnings of the previous year, Read more

Tagged as : chemical company, global business, oil production, tough market

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