BASF, Clariant expect economic recovery to be uneven

04/30/2010 | ForexYard

Economic recovery is expected to be uneven despite high chemicals demand from Asia that buoyed the recent quarterly earnings of the industry, said BASF and Clariant. The end of stimulus packages, the debt crisis and the unstable prices of raw materials pose threats to the recovery, said BASF Chief Financial Officer Kurt Bock.

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