Ashland said it is expanding production for Natrosol hydroxyethylcellulose (HEC) across its global network through capacity additions at its facilities in Nanjing, China, and Zwijndrecht, the Netherlands. The company said it is adding 7,000 metric tons of capacity.
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.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
BASF sells a majority stake in its coatings business to the investor Carlyle.
