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.
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.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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.
The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.
