Buoyed by growth in Asia, chemical manufacturer BASF expects to generate sales and profit next year exceeding the record levels predicted for 2010. There has also been a strong demand for plastics as well, so it is anticipated that sales volumes will increase in the fourth quarter, according to board member Martin Brudermueller."The dynamics of demand took us by surprise. The majority of our plants are operating close to full capacity, especially in Asia."In the fourth quarter, sales are set to increase from EUR 13.2bn (USD 18.5bn) to around EUR 15.6bn(USD 21.9bn)a year,according to BASF.
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