Thomas Aebischer has been named new chief financial officer of LyondellBasell, with effect from Jan. 1, 2016. The new CFO comes from Holcim, where he held a number of positions, including CFO, during a nearly 20-year career at the company that merged with Lafarge earlier this year.
Aebischer succeeds Karyn Ovelmen, who in April was appointed CFO of Flowserv.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.
BASF sells a majority stake in its coatings business to the investor Carlyle.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
