Evonik Industries plans to increase the production capacity for 1-butene at its Marl site by 75,000 metric tons per year to a total capacity of 310,000 metric tons. Start-up is scheduled for 2015.
Basic engineering for the expansion is largely finished. The overall project still needs to be approved by the relevant committees.
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.
Valerie Diele-Braun resigned from her position as CEO and member of the Executive Board of IMCD at the end of April for personal reasons.
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.
Oxea is returning to its old name and its roots.
Honeywell will acquire Johnson Matthey's Catalyst Technologies business segment for €2.15 billion in an all-cash transaction.
