(adds chairman Q4 outlook and segment financials)
LONDON (ICIS)--BASF does not expect an upturn in demand in the fourth quarter of 2014, Kurt Bock, chairman of the Germany-based producer said on Friday in the group's interim report telephone conference.
He added the company has cut its 2014 chemicals production forecasts to 4.0% from 4.4%; and reduced global GDP growth predictions to 2.3% from a previously expected 2.5%.more >>
INSIGHT: Ethylene cycle upturn may already be challenged
“The capacity that is being brought on-stream in China is being run a lot harder than some had expected.” more
Asian Chemical Connections