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BASF Mulls Spending €1B For Gulf Coast Gas-Fired Plant

By Keith Goldberg (May 2, 2014, 12:37 PM EDT) -- Chemical manufacturing giant BASF Corp. said Friday that it will consider spending at least €1 billion ($1.39 billion) on a gas-fueled petrochemical plant on the U.S. Gulf Coast, as it looks to tap into cheap natural gas supplies due to the U.S. shale boom....

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