Johnson Matthey has appointed Tim Stevenson as its chairman, succeeding current chair Sir John Banham. Stevenson will join the board as chairman designate effective from March 29 and will be appointed as chairman in July, which is when Banham is set to retire.
Compelling solutions through strategic partnerships
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.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
