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- Title
Notizen aus der Wirtschaft.
- Authors
Wetterau, Jörg
- Abstract
The Essen-based specialty chemicals company Evonik plans to cut up to 2,000 jobs worldwide, including 1,500 in Germany, many of which are management positions. In addition, Evonik is selling its superabsorbent business unit to the chemical investor International Chemical Investors Group (ICIG). The chemical company BASF announces a multi-billion dollar cost-cutting program and further job cuts in Ludwigshafen. Henkel and Covestro are collaborating to make adhesives more environmentally friendly in structural timber construction. The Hamburg-based laboratory equipment manufacturer Eppendorf is opening a location in Johannesburg, South Africa. The Wiesbaden-based company SGL Carbon is considering selling its carbon fibers business unit. The Darmstadt-based plastics manufacturer Röhm is commissioning a new plant for acrylic molding compounds. The educational provider Provadis is launching a qualification program for people from Ukraine. The Leverkusen-based agricultural and pharmaceutical company Bayer is changing its dividend policy. The industrial service provider Bilfinger has received a major contract from Ineos Forties Pipeline Systems. Evonik has signed a long-term contract with RWE for the supply of electricity from the offshore wind farm Kaskasi. The chemical company BASF is selling its shares in the joint ventures BASF Markor Chemical Manufacturing and Markor Meiou Chemical in China. The French industrial gas company Air Liquide is modernizing its production at the chemical production site in Stade. The business climate in the German chemical industry remains at a low level. The German paint and printing ink industry is experiencing a decline in the sale of paints, colors, and printing inks. Evonik and the University of Mainz intend to market randomized polyethylene glycols (rPEGs) for the transport of nucleic acids.
- Subjects
PRINTING ink industry; DIVIDEND policy; AGRICULTURAL industries; INVESTORS; ACRYLIC compounds; OFFSHORE wind power plants; WIND power plants
- Publication
Nachrichten aus der Chemie, 2024, Vol 72, Issue 4, p34
- ISSN
1439-9598
- Publication type
Article
- DOI
10.1002/nadc.20244138897