Czech oil refiner Unipetrol will reduce capacity at its 110,000 bpd Litvinov oil refinery for two weeks due to a technical fault, the company said on Wednesday.
The company said the fault involved pipes in hydrogen pre-heating furnaces on the hydrockracking unit.
It said it was working with partners to minimise the impact of the reduction and was running its other refinery at Kralupy at full capacity.
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.
Merck to acquire the chromatography business of JSR Life Sciences, a leading provider of CDMO services, preclinical and translational clinical research, and bioprocessing solutions.
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.
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.
