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BASF to cut 2500-plus positions globally; looks to save costs
BASF SE announced concrete cost savings measures focused on Europe as well as measures to adapt the production structures at the Verbund site in Ludwigshafen (in picture/file photo). Globally, the measures are expected to reduce around 2,600 positions. LUDWIGSHAFEN, GERMANY: Dr. Martin Brudermull...Read more -
The impact of the energy crisis on fertilizer is not over
It has been a year since the Russia-Ukraine conflict broke out on February 24, 2022. Natural gas and fertilizer were the two most affected petrochemical commodities during the year. So far, although fertilizer prices are returning to normal, the impact of the energy crisis on the fertilizer indus...Read more -
Covestro to build its largest thermoplastic polyurethanes site in China
Thermoplastic Polyurethanes can be found in many applications – for example in mobile phone cases, whose manufacturers are located in southern China. It will be completed by 2033 and is said to have a capacity of 120,000 tons of TPU/year. New site to be built in Zhuhai, South China, with an...Read more
