Finnish chemical producer Kemira and Wilmar International have agreed to terminate their joint venture agreement for the manufacture of AKD (alkyl ketene dimer) wax in China, citing changes to their commercial objectives.
The agreement was announced in November 2013.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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.
Compelling solutions through strategic partnerships
Ineos CEO Ineos calls on European politicians to save the chemical industry.
