U.S. ports and shipping lanes on the Gulf of Mexico remained open Wednesday despite the spreading oil spill, officials said. No cargo ships needing cleaning were reported, so there were no delays for decontamination, port spokesmen said. New Orleans, Louisiana, and Mobile, Alabama, are the major cargo centers threatened on the central Gulf Coast. Gulfport and Pascagoula, Mississippi, also are near the spill.
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.
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.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
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.
