Caldic Denmark, a subsidiary of international chemicals distributor and producer Caldic B.V., said it has acquired Palm Trading. The acquisition will add €18 million in underlying sales to Caldic's results. The company said its acquisition of the seller of products for the Danish food industry will further expand Caldic's product portfolio in Nordic countries.
BASF sells a majority stake in its coatings business to the investor Carlyle.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
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.
