AllessaChemie has announced it will cease production of Reflex Blue products from April 1. The company, which required the business mid-2008 from Clariant, cited increasing competitive pressure enhanced by the negative impact of the worldwide economic crisis as a reason for the decision.
"No significant improvement of the situation is expected in the foreseeable future," the company said in a statement.
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.
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.
Compelling solutions through strategic partnerships
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
