German chemical makers may follow BASF's example

Newswire

*Europe's No.1 chemical making nation braces for slump

*Bayer unit prepared to curtail output if needed

*Lanxess lowers production at some businesses

FRANKFURT, Nov 20 (Reuters) - Germany's chemical makers are bracing for harder times, getting ready to follow the example of BASF , which on Wednesday unveiled plans to curtail production.

BASF, the world's largest chemicals maker by revenue, lowered its 2008 profit outlook for the second time in two ...

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