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German chemical giant BASF on Friday reported second-quarter net income of €430 million ($466.7 million), a decline of 14% compared to the same period last year. Earnings per share stood at €0.48 compared to €0.56 last year. Adjusted earnings per share were €0.93, up from €0.72. Earnings before interest, taxes, depreciation and amortization (EBITDA) before special items stood at €1.96 billion, up 0.6% from a year ago, BASF said. The company posted sales of €16.1 billion for the second quarter, down 6.9% from the same period last year. BASF chief financial officer Dirk Elvermann said the compan…

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