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BASF: Margin from Materials segment tumbles to 14%

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Published in issue 10/2023
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BASF SE, headquartered in Ludwigshafen, Germany, has announced that its Materials segment raised its revenues by 21.2% to €18.443bn (2021: €15.214bn) in the 2022 financial year. This segment includes its isocyanates (MDI, TDI), urea, glue and impregnating resin operations. However, its earnings all fell by double-di...

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