DuPont has acquired Innovalight. Financial terms of the acquisition were not disclosed. Innovalight is a company specializing in advanced silicon inks and process technologies that increase the efficiency of crystalline silicon solar cells.
The acquisition further strengthens DuPont's position in materials for the solar energy market, enabling a broader and more integrated photovoltaic materials and technology offering.
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.
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.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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