FILE - This May 27, 2009 file photo shows an aerial view of German chemical company BASF in Ludwigshafen, southwestern Germany. Third-quarter earnings at chemicals manufacturer BASF SE soared to ... more 
FILE - This May 27, 2009 file photo shows an aerial view of German chemical company BASF in Ludwigshafen, southwestern Germany. Third-quarter earnings at chemicals manufacturer BASF SE soared to nearly euro 1.25 billion (US$ 1.7 billion) as revenue climbed by 23 percent in an improving global economy and the company benefited from lower taxes. BASF said Thursday Oct. 28, 2010 that profit was up from euro 237 million in July-September 2009. The company said its tax rate was lower than in last year's third quarter largely because of a proportionally lower earnings contribution from the highly taxed oil and gas division. less 
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Associated Press | Photo By Daniel Roland, File
Thu, Oct 28, 2010 5:07 AM EDT