News

European future in doubt as energy price-hikes cost BASF billions

28/10/2022
European future in doubt as energy price-hikes cost BASF billions

Chemicals group BASF has said increases in energy prices in 2022 have hit it hard. On releasing its results for the third quarter of the year, the group said its use of natural gas at its European sites had cost it an extra €2.2 billion compared to the same period in 2021.

To continue reading this story, please sign in or register.