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.
Compelling solutions through strategic partnerships
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.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
