Yousef Abdullah Al-Benyan, CEO of Saudi Arabian chemical giant SABIC, has been elected chairman of the Gulf Petrochemicals and Chemicals Association (GPCA) with immediate effect.
The SABIC executive, who was previously vice chairman of the GPCA, takes over from Rashed Saud Al Shamsi, former petrochemicals director at ADNOC. Membership of the GPCA now includes 250 companies from the chemical sector and supporting industries.
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.
Oxea is returning to its old name and its roots.
Honeywell will acquire Johnson Matthey's Catalyst Technologies business segment for €2.15 billion in an all-cash transaction.
Valerie Diele-Braun resigned from her position as CEO and member of the Executive Board of IMCD at the end of April for personal reasons.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
