BASF postpones Texas chemical plant on 'volatile' commodity prices
June 06, 2016 at 12:44 PM EDT
HOUSTON, June 6 (Reuters) - BASF SE, the world's largest chemical producer, said on Monday it would refrain for now from building a propylene plant in Texas because of volatile commodity prices, a sign that an aggressive U.S. Gulf Coast petrochemical building boom announced earlier this decade could be cooling.