BASF CEO Sees Good Growth in Asia in 2017

The transcript covers BASF's business performance and strategies in 2016 and 2017. It highlights growth in Asia, particularly in the automotive sector, and discusses cost-cutting measures that have improved earnings. The competitive landscape in the agrochemicals market is examined, along with potential acquisitions. Challenges in the oil and gas sector are addressed, including declining profits and cost management. Finally, the impact of geopolitical changes, such as those under President Trump, on global trade and BASF's operations is considered.

What are the expectations for oil prices in 2017 according to BASF's management?

What is the significance of cost management in BASF's oil and gas business?

How does globalization and potential protectionism affect BASF's operations?