Praxair's subsidiary Praxair Distribution has acquired National Alloy and Equipment, Inc. of Houston, Texas, an independent distributor of industrial and specialty gases and ancillary welding equipment, supplies and services. Financial terms of the deal were not disclosed.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
