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.
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.
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
BASF sells a majority stake in its coatings business to the investor Carlyle.
