BASF has signed a contract to sell its subsidiary Industrial Water Management France based in Lyon, France to Degrémont, the world water treatment specialist for local authorities and industrial customers. Degrémont, a subsidiary of Suez Environment, will continue operations at the production sites in Lyon and La Courneuve, France. Closing of the transaction is expected to take place during the third quarter 2013.
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.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
Oxea is returning to its old name and its roots.
Honeywell will acquire Johnson Matthey's Catalyst Technologies business segment for €2.15 billion in an all-cash transaction.
Novo Nordisk recently announced changes to its executive leadership and Board of Directors.
