20.01.2016
- As Asia’s burgeoning chemical giant ChemChina sharpens its focus on European takeover targets – it recently bought plastics machinery manufacturer Krauss Maffei and made a bid for...
20.01.2016
- Plans unveiled last year by BP of the UK and Russian oil conglomerate Rosneft to reshuffle their shareholdings in the German refinery sector have now been approved by the boards of...
20.01.2016
- US healthcare giant Johnson & Johnson has announced it will eliminate about 3,000 jobs in its medical devices division, or about 4-6% of the unit’s global workforce. The move is...
20.01.2016
- As global trade with Iran moves back into gear after the lifting of sanctions, the National Iranian Gas Exports Company (NIGEC) is said to be in talks with unidentified foreign...
20.01.2016
- Hans Van Bylen has been appointed CEO of German consumer chemicals producer Henkel, with effect from May 1. The 54-year-old Belgian national, who joined Henkel in 1984, will...
20.01.2016
- The gas asset swap between BASF oil and gas subsidiary Wintershall and Russian gas giant Gazprom will include a cash component previously undisclosed, according to a report by the...
19.01.2016
- In an out-of-court settlement with plaintiffs in a multi-district class action lawsuit brought by shareholders in a New Jersey federal court, US drugmaker Merck & Co has agreed to...
19.01.2016
- With falling oil prices making resource-rich Middle East countries nervous, some of them are looking for new sources of revenue to finance their burgeoning petrochemical empires...