India's Reliance Industries does not plan to raise its bid for bankrupt petrochemicals maker LyondellBasell, a source familiar with the matter said on Wednesday. Shares in Reliance were boosted on Wednesday as investor fears the Indian energy major would overpay for LyondellBasell were allayed after the Luxembourg-headquartered group was said to have rejected its offer, which valued the target at about $14.5 billion.
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.
Novo Nordisk recently announced changes to its executive leadership and Board of Directors.
This interview covers key results of the study ‘Success Factor Supply Chain Management and Logistics in the Chemical Industry 2024’ by Solventure, Aimms and Miebach.
Jens Birgersson becomes new Brenntag CEO
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.
