Dow Corning has announced European investments in innovation and solar energy. The investment of up to $13 million will include two new buildings, with construction expected to begin later this year.
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.
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.
BASF sells a majority stake in its coatings business to the investor Carlyle.
Compelling solutions through strategic partnerships
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
