German chemicals giant BASF raised its 2026 outlook for the second time this year on Wednesday after raising prices for some products following the outbreak of the Iran war.
The Ludwigshafen chemical company is doing better than expected. It benefits from the consequences of the Iran war. BASF now expects more profits throughout the year.
The Ludwigshafen chemical company is doing better than expected. It benefits from the consequences of the Iran war. BASF now expects more profits throughout the year.
In the third quarter, the company benefits from the restructuring and further price increases. At present, however, another issue prevails – the struggle for a competitor.