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.
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.
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.
BASF sells a majority stake in its coatings business to the investor Carlyle.
