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Having checked BASF, European chemical production was 18% lower compared to last year's end quarter, Evonik was able to be more resilient, and despite a negative result and a GEO presence more skewed towards the EU, closed Q4 with a minus 11%.
Source: https://seekingalpha.com/article/4584224-evonik-q4-earnings-keep-on-waiting?source=feed_all_articles