Today, Styron Europe and Velox have announced the appointment of Velox as the European distributor for medical product offerings from Styron. Velox, a supplier and marketer of raw materials specialties will represent products for Styron medical applications - including Calibre Megarad Polycarbonate Resinsand Magnum ABS Resins.
BASF sells a majority stake in its coatings business to the investor Carlyle.
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.
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.
Ineos CEO Ineos calls on European politicians to save the chemical industry.
