Swiss-based Bertschi has announced expanding its global reach by partnering with U.S.-based A&R Logistics to form a new joint venture, named Alliance Logistics. Globally asset-based companies will back Alliance Logistics enabling the new company to offer supply chain solutions in North America, Europe and Worldwide. A&R Logistics and Bertschi presently offer door-to-door services. The new company will be based in Switzerland.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
