LG Chem said that it has suspended a plan to build a polysilicon production plant because of worsening market conditions. In June, South Korea's largest chemical company said it would invest 491 billion won ($435 million) to construct a 5,000-ton-per-year polysilicon plant. Polysilicon is a key material used to the production of solar panels.
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.
Valerie Diele-Braun resigned from her position as CEO and member of the Executive Board of IMCD at the end of April for personal reasons.
Oxea is returning to its old name and its roots.
Jens Birgersson becomes new Brenntag CEO
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
