Russia's Uralkali said it had produced 2.7 million tonnes of the fertiliser ingredient in the third quarter, 4 % more than in the same period of 2012. The company, which rocked the global potash industry when it quit a trading alliance with Belarus in July, said output for the first nine months of 2013 fell 3 % year-on-year to 7.2 million tonnes.
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.
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.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
