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People & Business :: People/Executives

November 24, 2008

BASF to Shutter or Scale Back 180 Plants as Demand Shrinks

Natasha Alperowicz

BASF says it is temporarily shutting down 80 plants worldwide and reducing production at a further 100 as it grapples with a “massive decline in demand in key industries.” The moves account for 20%-25% of the company’s overall capacity...

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