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August 1, 2007

BASF Posts Earnings Up; Receives Offer for its Styrenics Business

BASF reported second-quarter earnings of $1 billion, up 11.3% over the year-ago period. Sales were up 18.9%, to $14.6 billion. Sales were up across all units except oil and gas, which was hit by lower selling prices and unfavorable exchange rates. "Scheduled...

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