Air Products has signed a contract to supply bulk and specialty gases, such as hydrogen and nitrogen, to China-based Hunan Gongchuang Photovoltaic Science & Technology. No financial details were revealed for the transaction. Air Products will supply the gases to a new silicon thin-film photovoltaic manufacturing facility located in Hengyang City in the Hunan province of China.
BASF sells a majority stake in its coatings business to the investor Carlyle.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
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.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
