The Gulf of Mexico oil spill has not slowed ship traffic to New Orleans, and shipping lanes into the port are expected to stay clear at least into Friday, a spokesman said. No ships entering the Southwest Pass at the mouth of the Mississippi River, the main deepwater entrance, have had to be cleaned due to having passed through or near the spill, Port of New Orleans spokesman Chris Bonura said.
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.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
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.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
