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BASF CEO: European Chemical Industry Restructuring to Continue — ChemBrief Topics

BASF CEO: European Chemical Industry Restructuring to Continue

Mar 6, 2026

BASF CEO Markus Kamieth states European chemical industry restructuring continues, citing 25 million tons of capacity closures since 2022 as necessary to resolve overcapacity and restore competitiveness.

BASF CEO: European Chemical Industry Restructuring to Continue

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