Tag: chemistry
2023 Nobel Prize in Chemistry Found Its Winner
The winners of the 2023 Nobel Prize in Chemistry have been announced. The three scientists who received the award had worked on quantum dot technology in the past. This technology…
Industry association VCI: Chemical industry continues to reduce production
Chemical plant in Saxony According to the industry association VCI, the industry is in a deep crisis. (Photo: dpa) Frankfurt The German chemical industry further reduced its production in the…
Industry association VCI: Chemical industry continues to reduce production
Chemical plant in Saxony According to the industry association VCI, the industry is in a deep crisis. (Photo: dpa) Frankfurt The German chemical industry further reduced its production in the…
Several hedge funds are joining the DAX group
Covestro Many investors believe an agreement is very likely after official talks have begun with Adnoc. (Photo: AFP/Getty Images) Düsseldorf, Frankfurt The takeover talks between the plastics manufacturer Covestro and…
What CEO Bill Anderson has to do now
Dusseldorf Bayer is lowering its outlook for 2023: Because of the “massive drop in sales of glyphosate-based products”, the Leverkusen-based pharmaceutical and chemical group is now only assuming sales of…
Habeck ready to make concessions on industrial electricity prices
goa For months, the federal government has been arguing about the introduction of an industrial electricity price. Now Federal Economics Minister Robert Habeck (Greens) is ready to make concessions. “We…
Why things are going badly and how the industry will continue
Dusseldorf Bad news from the chemical industry is almost the order of the day: when industry leader BASF recently issued a profit warning, the share only fell slightly. Investors had…
Evonik before sale of superabsorbents division
Diapers keep you dry thanks to super absorbers Highly absorbent diaper chemicals, so-called superabsorbents, are manufactured by companies such as Evonik. He now wants to sell the business. (Photo: dpa)…
What BASF’s profit warning means
Dusseldorf The chemical group BASF lowers its annual targets and only expects sales of a maximum of 76 billion euros for 2023 instead of 87 billion euros. The company does…
BASF lowers annual targets – Only tentative recovery expected
Frankfurt The bad news from the chemical industry does not stop: after the specialty chemicals companies Lanxess, Evonik and Clariant, industry leader BASF also has to cut back on its…
BASF lowers annual targets – Only tentative recovery expected
Frankfurt The bad news from the chemical industry does not stop: after the specialty chemicals companies Lanxess, Evonik and Clariant, industry leader BASF also has to cut back on its…
USA destroy last chemical weapons stocks
Chemical weapons In the USA, around 127 tons were still waiting to be destroyed. (Photo: dpa) Washington The United States has destroyed the last stockpile of its chemical weapons. US…
Senator: USA destroy last stockpiles of chemical weapons
Chemical weapons In the USA, around 127 tons were still waiting to be destroyed. (Photo: dpa) Washington The United States has destroyed the last stockpiles of its chemical weapons, according…
Brenntag takes step towards possible split after hedge fund attack
Brenntag headquarters in Essen The chemical dealer is being harassed by activist investors. (Photo: IMAGO/Rupert Oberhäuser) Dusseldorf A few weeks after the sharp confrontation with activist investors, the chemicals dealer…
Chemical company wants to become number one in battery material
New BASF plant in Schwarzheide The company aims to become the world’s leading cathode supplier in the booming electric car battery business. (Photo: dpa) Dusseldorf In Schwarzheide north of Dresden,…
Merck is about to sell its pigments business to China or private equity
Merck logo The group is making progress on the sale of its pigments business, (Photo: Reuters) Frankfurt, Dusseldorf The sale of the pigments business of the German chemical and pharmaceutical…
Chemical industry: Contaminated drinking water: 3M pays billions in fines
Development at 3M A chemical is now costing the industrial group dearly. (Photo: AP) Saint Paul In the legal dispute over polluted drinking water, the conglomerate 3M has agreed with…
Covestro rejects takeover interest from Adnoc from Abu Dhabi
Production at Covestro The German plastics manufacturer has aroused the interest of Adnoc from Abu Dhabi. (Photo: Covestro) Dusseldorf, Frankfurt The German plastics manufacturer Covestro rejects a takeover by the…
These are the reasons why the chemical group is so interesting for Adnoc
Dusseldorf, Frankfurt The move by the Arab oil producer Adnoc to take over the plastics manufacturer Covestro is still at an early stage. According to information from the Handelsblatt from…
Oil company shows interest in Covestro takeover
Covestro The Dax group has apparently aroused the interest of the oil giant Adnoc from Abu Dhabi. (Photo: REUTERS) Dusseldorf, Frankfurt The Arab oil group Adnoc has expressed interest in…