Eastman said it is in the process of expanding CHDM capacity by 25% at its Kingsport, Tenn., site. The company expects to complete the expansion in two phases, with the first phase to be completed in mid-2011, and the second in 2012. CHDM is a monomer used to manufacture various specialty plastics products.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
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.
