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.
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.
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.
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.
