BASF sees consistent demand for plastics in all regions

BASF is looking to increase the performance of its commodity chemicals and downstream plastics as it expects higher plastics demand, the company said. "We will create key future innovations not only with new polymers but, above all, with novel functional materials and system solutions," said Deputy CEO Martin Brudermueller. The 5% annual growth rate of the industry since 1990 should continue until 2020, he added.

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