October 26, 20228:57 AM EDTLast Updated 4 days ago
4 minute read
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.
Reporting by Ludwig Burger; editing by David Holmes and Jason Neely
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