Japan's JX Nippon Oil & Energy Corp, an oil refining unit of JX Holdings, said on Friday it plans to shut its Kawasaki naphtha cracker, with ethylene production capacity of 404,000 tons per year, on June 18 for repair work.
The company said the shutdown was to fix a problem and that the cracker would be restarted on June 22.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
