Operating profit of German chemical giant BASF down 23% in 2020

Operating profit of German chemical giant BASF down 23% in 2020
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12.03.2021

MOSCOW (MRC) -- BASF's net income surged to EUR1.01bn in the fourth quarter amid stronger prices and higher volumes, the German chemicals major said in its press release.Sales in the fourth quarter of 2020 increased by 8 percent to EUR15.9 billion. Volumes were up by 7%. Prices also increased by 7%, driven mainly by the Surface Technologies, Agricultural Solutions and Materials segments.

Full article at mrcplast.com

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