Keyword: Dede Willams

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Bayer to Cut Over 500 Jobs Near Pittsburgh

17.01.2019 - As it prepares to weed 12,000 jobs out of its pre-Monsanto organization by 2021, Bayer has begun consolidating corporate functions in the US. In a first step, the US subsidiary of...

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Saudi Aramco to Issue Bond for SABIC Buy

16.01.2019 - Saudi Aramco may tap the bond market for about $10 billion to help fund the acquisition of compatriot petrochemicals producer SABIC, Saudi Energy Minister Khalid Al-Falih told...

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Lanxess Launches Share Buyback

15.01.2019 - Leveraging part of the €1.4 billion proceeds from the sale of its 50% stake in synthetic rubber producer Arlanxeo to Saudi Aramco, German specialty chemicals producer Lanxess has...

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BASF Inks Framework Agreement for Guangdong

14.01.2019 - BASF has cemented its plans for a second integrated Chinese production hub, at Guangdong in the southwest, complementing the existing site opened at at Nanjing in the northeast two...

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SABIC in Feedstock Recycling Plan

14.01.2019 - To underscore its commitment to the EU’s drive to create a circular economy, Saudi Arabian chemical giant SABIC at the end of 2018 signed a memorandum of understanding (MoU) with...

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Air Products to Build California Hydrogen Plant

11.01.2019 - US industrial gases producer Air Products is building a new liquid hydrogen plant in the US state of California to meet what it said is increasing demand from several customer...

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Sanofi Pays to Exit Regeneron Pact

10.01.2019 - France’s Sanofi is paying $462 million to exit the immuno-oncology pact it established with US biotech Regeneron in 2015 half a year earlier than planned. With the severance...

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Indorama Starts new US PIA Plant

10.01.2019 - Indorama Ventures (IVL), the Thailand-based PET giant, has started commercial operations at its new plant for purified isophthalic acid (PIA) plant in Decatur, Alabama, USA. The US...