Tag: chemical industry
Chemical industry should avoid CO2 with recycling
BASF synthesis plant The chemical industry accounts for around nine percent of energy consumption in Germany. (Photo: imago images/photothek) Berlin On the way to climate neutrality, the chemical industry will…
What threatens the economy if basic chemicals migrate
BASF in Ludwigshafen The group is closing several energy-intensive plants at its headquarters, including one for ammonia. (Photo: IMAGO/blickwinkel) Dusseldorf The 2023 winter season ended with a surprise for German…
Chemical stocks like BASF and Covestro are attractive to investors now
Research at BASF Lower energy and raw material prices improved the situation in the German chemical industry in the first quarter. (Photo: obs) Cologne The chemical industry is of great…
Activist investor fails at Brenntag: Now there is a risk of litigation
Dusseldorf The activist investor Primestone has failed in the election of the new supervisory board members of the chemicals dealer Brenntag. On Thursday, the majority of shareholders elected the two…
German funds oppose activist investors
Dusseldorf Shortly before the hard-fought supervisory board election at the Dax group Brenntag, German funds are behind the company. The investment companies Union, Deka and DWS each told the Handelsblatt…
How activist investors want to hijack Brenntag
Brenntag headquarters in Essen The Dax group is threatened with a leadership crisis. (Photo: IMAGO/imagebroker) Dusseldorf At the general meeting of the Dax group Brenntag next Thursday, there will be…
BASF is also being sued in the USA
Drinking water testing in the USA The US Environmental Protection Agency wants to limit the occurrence of PFAS substances in water. (Photo: AP) Dusseldorf So-called “forever chemicals” could become a…
Why Bayer suddenly wins all lawsuits
Bayer logo The group has changed the process strategy. (Photo: dpa) Dusseldorf, New York For Bayer boss Bill Anderson, who has been in office since the beginning of June, it…
Why Bayer suddenly wins all lawsuits
Bayer logo The group has changed the process strategy. (Photo: dpa) Dusseldorf, New York For Bayer boss Bill Anderson, who has been in office since the beginning of June, it…
How the new boss wants to stir up the Bayer group
Bill Anderson The American stands for a new management style at Bayer. (Photo: Reuters) Dusseldorf At the start Bill Anderson stays true to his style. This Thursday, the American will…
Founding family secures control at Messer
Dusseldorf The largest private industrial gases manufacturer Messer gets a new shareholder in the Singapore sovereign wealth fund GIC and restructures the group. This was announced by the family-run Messer…
Dax group Brenntag threatens defeat in the supervisory board election in June
burning day The chemical trader wants to reorganize its supervisory board. (Photo: IMAGO/imagebroker) Dusseldorf A conflict broke out between the shareholders over the election of the new supervisory board of…
Dax group Brenntag threatens defeat in the supervisory board election in June
burning day The chemical trader wants to reorganize its supervisory board. (Photo: IMAGO/imagebroker) Dusseldorf The chemicals dealer Brenntag is coming under increasing pressure from its shareholders. At the upcoming general…
Industry warns of the consequences of the chemical ban
Dusseldorf The EU Commission is planning a comprehensive ban on so-called PFAS chemicals, also known as “forever chemicals” because of their long shelf life. The industry criticizes that this is…
“Greed inflation” in industry? “Only a few have increased their prices disproportionately”
BASF acetylene plant in Ludwigshafen In the Group’s basic chemicals business, prices are already falling sharply. (Photo: BASF SE) Dusseldorf Exactly one year ago, chemical companies were still bursting with…
Agrichemical giant Syngenta changes strategy at IPO in China
Syngenta logo Chemchina bought Syngenta in 2015 for $43 billion and took the company private. (Photo: AFP) Zurich The move is intended to quickly get one of the foreseeable largest…
Potential billion-dollar drug beckons accelerated approval in the USA
Bayer pharmaceuticals site in Wuppertal The group needs high-revenue supplies in the drug business. (Photo: dpa) Dusseldorf Bayer AG has achieved another important success in the development of one of…
Bayer shares collapse – glyphosate depresses profit and prospects
Bayer pharmaceuticals site in Wuppertal The pharmaceuticals division made significantly less profit in the first quarter. (Photo: Reuters) Dusseldorf The pharmaceutical and agrochemical group Bayer got off to a weak…
Bayer is becoming more cautious for 2023
Bayer pharmaceuticals site in Wuppertal The pharmaceuticals division made significantly less profit in the first quarter. (Photo: Reuters) Dusseldorf The pharmaceutical and agrochemical group Bayer got off to a weak…
Sovereign wealth fund is negotiating entry into industrial gases group Messer
Messer CO2 recovery system: The gas group could soon get the sovereign wealth fund GIC as a new partner (Photo: obs) Frankfurt, Dusseldorf The German industrial gases manufacturer Messer wants…