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BASF Reports Rise in Sales in Asia

1:59 AM MST | February 27, 2012 | Deepti Ramesh

BASF recorded sales of €14.4 billion ($19.3 billion) in the Asia/Pacific region in 2011, compared with sales of €12.5 billion in 2010. Sales increased across all the business segments of the company, but market demand in the chemicals segment was particularly strong, BASF says. Ebit for Asia/Pacific decreased to €1.13 billion in 2011, compared with €1.27 billion in 2010. Quarterly earnings and sales figures for Asia/Pacific were not disclosed.  BASF employs about 17,000 people in the Asia/Pacific region. BASF operates in 15 countries in...

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