South Korea's Hanjin P&C said on Thursday it had won a $258 million deal to buy fuel oil from Russia via an intermediary and sell it to China's oil chemical company Shandong Sem by Feb. 29, 2012.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
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.
