date:Jul 25, 2014
retroactive financial effect from April 1, 2013. The transaction includes the divestiture of the gas trading and storage business. The complex legal unbundling process involving the establishment of new companies in Russia, the Netherlands and Germany is taking longer than initially anticipated, explained Dr. Hans-Ulrich Engel, Chief Financial Officer of BASF.
In the Chemicals segment, sales were up 3% compared with the second quarter of 2013. Sales volumes rose in all divisions, posting especi