- BASF (OTCQX:BASFY) CEO Kurt Bock is planning to rebuild his company's business in Iran, saying a visit to the country this week showed him the market potential for German companies.
- Iran has the globe's second-biggest natural gas reserves, the fourth-biggest oil reserves, and a developing petrochemical industry, which will have an impact when the country is more strongly integrated into the world economy, Bock said.