Germany’s BASF said on Wednesday it would have to stop production if natural gas supplies fell to less than half its needs, as the world’s largest chemicals group warned of the damage to its operations from Europe’s power crunch. The comment came as Germany triggered an emergency plan to manage gas supplies on Wednesday that could see Europe’s largest economy ration power if a standoff over a Russian demand to pay for fuel with roubles disrupts or halts supplies. read more The company said gas shortages would have a dual impact on chemical production: there would not be enough energy for the production process and a lack of critical raw material for the manufacture of products. There is no substitute for the gas […]