Merck and Co said in a regulatory filing on Friday that it had received letters from the Department of Justice and U.S. Securities and Exchange Commission requesting information about the company's activities in foreign countries. The drugmaker said it was cooperating with the requests, and that it believes the requests are part of a broader review of pharmaceutical industry practices in foreign countries.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
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.
