Tag Archives: chemicals industry

Bilfinger Completes Acquisition of Teknokon Businesses to Strengthen Regional Expansion Strategy in Türkiye

(IN BRIEF) Bilfinger has completed the acquisition of key Teknokon Group businesses, bringing around 1,000 employees into its operations and strengthening its presence in Türkiye. The deal supports Bilfinger’s strategy to use Türkiye as a regional hub connecting Eastern Europe … Read the full press release

OMV and XRG Establish Borouge International as a Global Polyolefins Leader with Strong Synergies and Expansion Strategy

(IN BRIEF) OMV and XRG have finalized the creation of Borouge International, a new global polyolefins leader formed through the merger of Borouge Plc and Borealis and the acquisition of NOVA Chemicals. Headquartered in Austria with global operations, the company … Read the full press release

Schneider Electric report highlights industry shift toward AI-driven autonomy as energy demand and workforce pressures intensify

(IN BRIEF) Schneider Electric’s latest global research highlights a major shift in the energy and chemicals sector toward autonomous operations, with nearly half of processes expected to become fully autonomous by 2030 and a significant portion already operating at advanced … Read the full press release

Covestro confirms new Supervisory Board Chairman after completion of XRG strategic partnership

(IN BRIEF) Covestro has announced a change in leadership on its Supervisory Board following the completion of its strategic partnership with XRG. Dr. Rainer Seele was elected Chairman on 18 December 2025 and assumed the role on 20 December, succeeding … Read the full press release

INEOS Acetyls Cuts 60 Jobs at Hull Plant Amid Rising Energy Costs and Surge of Low-Cost Chinese Imports

(IN BRIEF) INEOS Acetyls will cut 60 skilled jobs at its Hull Acetyls plant following mounting challenges from high energy costs and a surge in cheap, high-emission imports from China. The company warned that these carbon-intensive imports, which emit up … Read the full press release

AkzoNobel Names Dr. Hans-Joachim Müller to Supervisory Board Amid Key Leadership Transitions

(IN BRIEF) AkzoNobel has nominated Dr. Hans-Joachim Müller for a Supervisory Board seat, with the decision pending shareholder approval at the AGM on April 25, 2025. Praised by Chair Ben Noteboom for his extensive scientific expertise and industry experience, Dr. … Read the full press release

Alfa Laval to Host Online Net Zero Event on Advancing the Circular Carbon Economy

(IN BRIEF) Alfa Laval will host an online Net Zero event on March 4th at 15:00 CET, bringing together experts to discuss the shift away from fossil carbon to a circular carbon economy. The event will explore how industries such … Read the full press release

Sika becomes the 25th member of ‘Together for Sustainability’ initiative

(PRESS RELEASE) BAAR, Switzerland, 26-Feb-2020 — /EuropaWire/ — Sika announces its membership in ‘Together for Sustainability’ (TfS) initiative. TfS, founded in 2011, aims for the advancement of chemicals industry’s sustainability practice within the supply chain. Sika’s growth strategy focuses on … Read the full press release