France and Germany have urged the European Union to implement a rapid trade defense tool to counter market distortions and foreign subsidies, with a primary focus on China.
BASF SE has confirmed preliminary discussions with RAG-Stiftung and Evonik Industries AG regarding a massive potential acquisition that could create an $84 billion European chemicals giant.
Avantium is approaching first FDCA production at its Delfzijl plant, but falling cash reserves and a planned equity raise make financing the decisive test.
Avantium advances its Delfzijl FDCA plant toward start-up while expanding commercial agreements, licensing discussions and its financing plans.
DOMO Chemicals resumes limited production in Germany after state intervention, securing jobs, reducing environmental risks, and opening a window for restructuring during insolvency proceedings.
