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BASF cuts 2015 outlook

2015-10-27 13:38:58| Chemicals - Topix.net

German chemical giant BASF SE on Tuesday cut its outlook for 2015, citing weak global economic growth, low oil prices and a recent asset swap with Russia's OAO Gazprom. The world's largest chemical company now expects a "slight decrease" in sales and earnings before interest and taxes before special items this year.

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