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BASF records muted Q2 growth

BASF’s agricultural solutions division registered a 1.4% increase in sales to €1,175 ($1,668 million at the current rate) in the second quarter of 2009. “Higher prices, positive currency effects and the acquired Sorex business more than offset a slight decline in volumes,” says BASF chief financial officer Dr Kurt Bock.BASF accquired the UK pest control firm, Sorex Holdings, in December 2008 ( Agrow No 559, p 2).



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