Big Picture: BASF CEO Martin Brudermuller says semiconductor shortage could have greater implications than imagined

Ludwigshafen, Germany — The impact of the global semiconductor chip shortage could be greater than expected, BASF CEO Martin Brudermuller said Wednesday, warning that shortages could also have an impact on chemicals players in the automotive aftermarket. With slower supply times from manufacturers, BASF reduced its estimate for cars produced in its second-quarter earnings call […]