Lyondellbasell Industries announced that its Supervisory Board has named Kent Potter as Chief Financial Officer, effective August 1. Potter will succeed Alan Bigman who will be offered an opportunity to continue assisting in the company's Chapter 11 restructuring activities.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
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.
