Swiss pharmaceuticals group Novartis tapped industry veteran and banking high-flier Jonathan Symonds to succeed Raymund Breu as chief financial officer, in a move welcomed by the market. Symonds, who spent eight years as CFO of UK-based rival Astrazeneca, will join Novartis on Sept. 1 from Goldman Sachs, where he is managing director of investment banking.
BASF sells a majority stake in its coatings business to the investor Carlyle.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
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.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
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.
