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.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
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.
