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Europe Chemicals Sector Restructuring Continues, Says BASF CEO

Feb 27, 2026

BASF CEO Markus Kamieth stated that European chemical sector restructuring remains necessary to address overcapacity, citing nearly 25 million tonnes of capacity closures or reviews since 2022.

Europe Chemicals Sector Restructuring Continues, Says BASF CEO

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Europe Chemicals Sector Restructuring Continues, Says BASF CEO

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