Kenneth T. Lane, currently Senior Vice President, Isocyanates Europe located in Brussels, Belgium, will become President of BASF's Catalysts division headquartered in Iselin, New Jersey, effective June 1, 2013. He succeeds Frank A. Bozich, who has decided to leave the company.
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.
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.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
