10 December 2008 23:31 [Source: ICIS news]
The actions were prompted by a rapid drop-off in demand and the company's resultant excess inventory, the source said. A spokesperson for BASF could not be immediately reached for comment.
Announced to customers on Wednesday, the measures will be in effect for about six weeks.
The magnitude of the AA cut was not specified, but was characterised as "significant," the source said.
BASF, which produces 235,000 tonnes/year of AA at ?xml:namespace>
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