Tag: chemistry
DSM and Firmenich decide on billion-dollar merger
perfume bottles Firmenich is one of the major European suppliers of flavors and fragrances. (Photo: Reuters) Dusseldorf A new multi-billion merger is taking place in the European specialty chemicals industry.…
DSM and Firmenich decide on billion-dollar merger
perfume bottles Firmenich is one of the major European suppliers of flavors and fragrances. (Photo: Reuters) Dusseldorf A new multi-billion merger is taking place in the European specialty chemicals industry.…
Lanxess and Advent buy DSM plastics division for 3.7 billion euros
Electric car production at VW in Zwickau The world market for high-performance plastics, such as those used in electric vehicles, is still highly fragmented. (Photo: Bloomberg) Frankfurt, Dusseldorf The specialty…
OQ Chemicals is for sale
OQ factory in Oberhausen OQ Chemicals was created in 2007 from a joint venture between the former Degussa and Celanese and other parts of the Celanese Group. Frankfurt, Dusseldorf According…
Group grows at the beginning of the year and earns more
Merck The laboratory business had another record quarter. (Photo: dpa) Darmstadt Strong demand for biotech materials, cancer drugs and semiconductor chemicals as well as positive currency effects continue to bring…
Pesticides such as glyphosate are in demand
Research in the Bayer Crop Science division In the agricultural business, Bayer is benefiting from significant price increases. (Photo: Bayer AG) Dusseldorf At Bayer AG, the Crop Science agricultural division…
German economy is bunkering for fear of delivery bottlenecks
Dusseldorf Procurement difficulties and concerns about material shortages are driving demand from manufacturers of industrial primary products such as steel, semiconductors and plastics. Numerous companies from the relevant sectors are…
Covestro significantly downgrades profit expectations
Covestro headquarters The Dax group has to lower the profit forecast. (Photo: imago images/imagebroker) Dusseldorf The plastics manufacturer Covestro surprisingly received its ambitious profit forecast for this year on Monday…
How companies are exacerbating the bottlenecks
steel production After a small setback at the turn of the year, prices climbed to a new record high. (Photo: dpa) Dusseldorf, Stuttgart 19 percent more sales at BASF, 44…
How companies are exacerbating the bottlenecks
steel production After a small setback at the turn of the year, prices climbed to a new record high. (Photo: dpa) Dusseldorf, Stuttgart 19 percent more sales at BASF, 44…
Defeat for Bayer: Shareholders vote against board pay
Bayer The defeat of the board was already apparent. (Photo: imago images/Ralph Peters) Dusseldorf At Bayer’s Annual General Meeting, Bayer shareholders once again expressed their displeasure at the legal burdens…
Defeat for Bayer Board of Management: Shareholders vote against remuneration practice
Bayer The defeat of the board was already apparent. (Photo: imago images/Ralph Peters) Frankfurt The shareholders reject the Bayer board of directors’ payment for the past year. At the general…
Industry prepares for gas supply stop
Metal grinder in a forge in Klitten Natural gas is required in many industrial processes. A Russian delivery stop would therefore hit many sectors hard. (Photo: imago/photothek) Dusseldorf, Frankfurt, Stuttgart…
Industry prepares for gas supply stop
Metal grinder in a forge in Klitten Natural gas is required in many industrial processes. A Russian delivery stop would therefore hit many sectors hard. (Photo: imago/photothek) Dusseldorf, Stuttgart In…
BASF balance sheet check: The Russian mortgage of the chemical company
BASF balance sheet check As far as prospects and stock market performance are concerned, some uncertainties and weaknesses are revealed at the Ludwigshafen chemical company. (Photo: dpa [M]) Frankfurt The…
Why the valuation gap on the stock market could widen
Dusseldorf After the corona crisis, many experts were confident that the lower-rated European stock exchanges could start a race to catch up this year and beat the markets in the…
Bayer frees itself from Monsanto charges
Bayer Over the course of the year, Bayer achieved an operational turnaround and laid a good foundation for further growth in all three divisions. Dusseldorf After the shock of glyphosate…
Group grows into new dimensions
Balance sheet check Merck The Corona-related boom in the biotech business has even accelerated the upswing compared to previous years. Frankfurt Changes in leadership are often accompanied by breaks. There…
Covestro: Plastics manufacturer benefits from material bottlenecks
Balance sheet check Covestro The Leverkusen plastics manufacturer is benefiting from the supply bottlenecks in the industry. Dusseldorf In the chemical industry, Covestro is considered one of the most powerful…
Natural gas for the chemical industry: BASF complains, Dow acts
BASF plant in Ludwigshafen The chemical giant would actually be predestined to play a leading role in turning away from Russian gas. (Photo: BASF SE) BASF whines, the competition acts.…