The head of Russia's anti-monopoly watchdog (FAS) said on Wednesday he sees no obstacles to a merger of potash firms Uralkali and Silvinit, which would create the world's No. 2 player.
"The creation of such a monopoly could be approved," Igor Artemyev told reporters.
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.
BASF sells a majority stake in its coatings business to the investor Carlyle.
