Saudi Arabian petrochemicals giant SABIC has signed a Memorandum of Understanding to collaborate with German high throughput catalyst specialist hte.
The German company will provide a technology platform to support SABIC in catalysis research and development. This will include testing equipment to be set up at hte's new laboratory building in Heidelberg.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
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.
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.
