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.
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.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
