Ineos Olefins & Polymers Europe confirmed that it is considering strategic options for the future of its HDPE businesses at Rosignano and Sarralbe, including a divestment to interested third parties. The decision follows a recent strategy review of Ineos Europe.
Rosignano (Italy) and Sarralbe (France) have been a part of Ineos since December 2005, when the company acquired the Innovene business from BP.
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.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
