Source: FARM PROGRESS, 10/12/16


BASF SE reported quarterly profit that beat analysts’ estimates as the world’s largest chemical maker seeks to alleviate fears its conglomerate business model is running out of steam.Earnings before interest, tax and one-time items dropped 5.4% to 1.5 billion euros ($1.66 billion), the Ludwigshafen, Germany-based company said in a statement on Tuesday.

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