Antonio Galindez, president and CEO of Dow AgroSciences, a wholly owned subsidiary of Dow Chemical, will retire with effect from May 1. He has held the position since 2009.
Moving into the CEO slot is Tim Hassinger, global commercial leader for Dow AgroSciences and global leader of Dow AgroSciences' Crop Protection Global Business Unit since 2009. Hassinger joined Dow in 1984.
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.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
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.
BASF sells a majority stake in its coatings business to the investor Carlyle.
