BASF SE : BASF to Close Styropor Plants in Malaysia and India
09/18/2012| 03:59am US/Eastern
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German chemicals company BASF SE (BAS.XE) said Tuesday it will shut down its Styropor plants in Malaysia's Pasir Gudang and India's Thane in light of high overcapacities and low margins in some regions
MAIN FACTS:
- BASF is focusing its global Styropor activities on strategic markets and core products with better profitability.
- In South America, the company is preparing strategic steps.
-Write to the Frankfurt Bureau at djnews.frankfurt@dowjones.com
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