Arkema is strengthening its Asian research network by with a new innovation center in Korea. The facility operated will be operated as part of the French chemical producer’s long term partner, Seoul’s HanYang University.
The new laboratory, which Arkema said will be “a major anchor for its future innovations in this region, will specialize in high performance polymers and renewable energies, two areas of excellence Han Yang University.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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.
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.
