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BASF says European operations need to be cut to size "permanently"

https://www.reuters.com/markets/europe/ ... 022-10-26/
FRANKFURT, Oct 26 (Reuters) - BASF (BASFn.DE) said costs at its European sites
must be cut to a "permanently" smaller size because of a triple burden of sluggish growth, high energy costs and over-regulation,
with the German industrial giant's boss throwing his weight behind a planned expansion in China.

The cutbacks at home contrast with a 10 billion euro chemical complex that BASF plans to build in Zhanjiang, southern China,
to run entirely on renewable energy, as it banks on booming Asian markets and looks to reduce reliance on Europe.
The move defies heightened concerns in the German government over economic dependence on a Chinese trade partner
that it sees under increasingly authoritarian rule.
The BASF CEO will join German Chancellor Olaf Scholz on a visit to China next week

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dna replication έγραψε: ↑

07 Νοέμ 2022, 03:14

Οι διαμαρτυρίες στην Γερμανία είναι εντελώς ψόφιες.

Απορω ποιος διαβαζει ακομα τι ψεκιες του δνα.

Bloomberg: The gas conflict between Germany and India has moved into the political one
https://archive.ph/93Ist
https://www.bloomberg.com/news/articles ... #xj4y7vzkg
The trade contradictions between Germany and India over the supply of liquefied natural gas (LNG)
have turned into a diplomatic dispute between the two countries-Bloomberg.

ΑΧΑΡΙΣΤΟΣ έγραψε: ↑

07 Νοέμ 2022, 08:53

Απορω ποιος διαβαζει ακομα τι ψεκιες του δνα.

Κάθε χωριό είχε τον χαζό του. Έτσι και το πχόρουμ.

War Monitor@WarMonitors

The inflation rate in Germany has reached a record level since 1951 - DWN