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BASF Increases Earnings Considerably in Q2
date:Jul 25, 2014
estments in plastics and plastic precursors business in Asia. The restructuring of the Performance Products segment is on track. Through the restructuring measures in this segment, more than 2,000 positions will be reduced by the end of 2017. BASF expects an annual earnings improvement of about 500 million from 2017 onward. One-time costs are 250 to 300 million.

For 2014, BASF now expects weaker growth in the global economy than was foreseen six months ago. The weakness of relevant major curren

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