LANXESS expects earnings improvement for fiscal year 2024

Initial cost savings generated with “FORWARD!” action plan – this includes 870 job cuts, 460 of which will be in Germany. At the end of the year, LANXESS initiated the process to sell the Urethane Systems business unit, the final remaining polymer business in the...

Pearl Group doubles production capacity in Saudi Arabia

Pearl Group has significantly enhanced its operational footprint and capabilities in Saudi Arabia, doubling its production capacity in the Kingdom and significantly expanding its ability to meet local and regional demand. Further demonstrating its commitment to the...

High-precision measurements and AI open up new dimensions

Hennecke’s polyurethane experts are continuously working on making machine and system technology even better and more efficient. A milestone was set by the Research department – which is currently working on enabling high-precision measurements in the metering...

Perstorp buys out minority partner at China site

Sustainable solutions provider Perstorp has closed a deal to buy out its minority partner in the joint venture Shandong Perstorp Chemical Co., Ltd. (formerly Shandong Fufeng Perstorp Chemical Co., Ltd.), which has owned and operated Site Zibo in China. Perstorp is now...