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.
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.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
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.
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