BASF Plans to Rebuild Iran Business as Germany Rekindles Ties
BASF SE Chief Executive Officer Kurt Bock plans to rebuild the business of the world’s biggest chemical maker in Iran, saying a visit to the country this week showed him the market potential for German companies. “German technology, German quality work and German reliability are very highly regarded and so we see good chances to tie again into old developments,” the CEO, who was part of a delegation that traveled to Iran with Economy Minister Sigmar Gabriel, said on a conference call Friday. BASF could do with orders from new markets after ...
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