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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