Praxair announced its acquisition of Sermatech International. Terms of the transaction were not disclosed. The company acquired Sermatech from Arsenal Capital Partners and said Sermatech and its employees will be integrated into Praxair surface technologies' global operations.
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.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
BASF sells a majority stake in its coatings business to the investor Carlyle.
