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BASF’s Sales Rise 3% in 2013

Gains tempered by chemical sales.

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By: TOM BRANNA

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Driven by gains in its oil and gas and agricultural solutions segments, BASF's 2013 sales rose nearly 3% to $101.3 billion (74 billion euros). Although volumes rose in the chemicals, performance products and functional materials and solutions segments, 2013 sales decline slightly, which BASF blamed on negative currency effects. “Two thousand thirteen was again a demanding year, with a lot of headwind for our industry. Nevertheless, we achieved our goal: We sold more, worked more clos...

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