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