Financial Times FT.com

Other industrials to follow BASF’s lead

By Richard Milne in London

Published: November 19 2008 19:09 | Last updated: November 19 2008 19:09

A new wave of industrial restructuring is on the way.

That was the message many took from the dramatic moves on Wednesday by BASF, the world’s largest chemicals company, to respond to collapsing demand.

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