Tom Knutzen, Soren Bjerre-Nielsen to Resign from Danisco
Danisco said on Wednesday that both its CEO Tom Knutzen and CFO Soren Bjerre-Nielsen will resign from June 17 in agreement with U.S chemicals group DuPont. After an uncertain time of negotiation, DuPont was able to win its $6.4 billion battle for Danisco in May, with 92.2% of the Danish food ingredients maker's shares tendered in support of a deal. Shortly after, the company announced it had begun a squeeze-out of minority shareholders .
most read
VCI Welcomes US-EU Customs Deal
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.
BASF Sells Majority Stake in Coatings Business
BASF sells a majority stake in its coatings business to the investor Carlyle.
CHEManager International Media Kit 2026
Compelling solutions through strategic partnerships
Dow to Shut Down Three Upstream European Assets
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.