Sasol has appointed Fluor Corp.'s David E. Constable as chief executive officer, marking the first time ever that the South African company has gone with an outside hire for the position. Constable, who took over at Sasol on July 1, was group president of operations at Fluor, is an engineer with 30 years of experience in heavy industry, operations and construction and has spent time in the power, energy and chemicals industries.
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.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
