An overnight fire at Formosa Petrochemicals Corp's massive refinery in Taiwan has affected one-third of its production capacity, a company spokesman said on Monday.
The blaze was the third this year at the refinery complex with a capacity of 540,000 barrels per day.
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.
Compelling solutions through strategic partnerships
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
BASF sells a majority stake in its coatings business to the investor Carlyle.
