Across the business, the failure of BASF's cracker in Port Arthur took 1% off sales volumes, which declined by 2% overall in the quarter.
Sales in the materials segment were lower because of reduced demand from the automotive industry. Lower earnings in the monomers division were recorded because of a fall in polyamide sales. This was only partly offset by higher diisocyanates margins and increased MDI volumes sold, the company said.
In the company's materials business, sales declined by 8.2% to EUR2.66bn in the third quarter of 2020. This compares with EUR2.89bn in the equivalent period in 2019.
EBIT before impairments was EUR217m, down 18% from EUR266m in Q3 2019. After impairments, the division recorded a loss before interest and tax of EUR546m. In Q3 2019, EBIT was EUR262m.