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BASF investor day: Board members outline strategy for chemicals segment

12:47 PM MDT | May 22, 2014 | Natasha Alperowicz

BASF’s board members at today’s investor day in London outlined the company’s plans for the chemicals segment, which last year accounted for 23% of the company’s €74 billion ($101 billion) sales and 28% of the €10.4 billion Ebitda. The segment is the core of the company’s integration concept, Verbund, and the start of the added value chain. Kurt Bock, CEO and board member Wayne Smith have also talked about the recently announced methane-to-propylene (MTP) project planned on the US Gulf Coast, the ammonia joint venture...

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