Brenntag reshuffles business amid calls for full break-up

[ad_1] Dec 5 (Reuters) – German chemicals distributor Brenntag (BNRGn.DE) said on Tuesday it will reorganise its business into two independent divisions from 2024 as it faces pressure from activist…

Breakingviews – ADNOC German oil deal has bad timing, good logic

[ad_1] Logos of ADNOC are seen at Gastech, the world’s biggest expo for the gas industry, in Chiba, Japan, April 4, 2017. REUTERS/Toru Hanai/File Photo Acquire Licensing Rights LONDON, Nov…

South African petrochemical company Sasol names new CEO

[ad_1] JOHANNESBURG, Nov 17 (Reuters) – South African petrochemical company Sasol (SOLJ.J) on Friday said Simon Baloyi will take on the role of President and CEO from April 1, 2024.…

Eli Lilly plans new 2 billion euro German plant

[ad_1] An Eli Lilly and Company pharmaceutical manufacturing plant is pictured at 50 ImClone Drive in Branchburg, New Jersey, March 5, 2021. REUTERS/Mike Segar/File Photo Acquire Licensing Rights BERLIN, Nov…

Insight: German business chiefs clash with Berlin over China policies

[ad_1] Berlin aims to reshape policy to reduce reliance on China Industry lobbying against curbs on business with China German investment and trade with China hits record high Big firms…

Exclusive: Top cycling teams explore creating new league -sources

[ad_1] [1/4]Cycling – Vuelta a Espana – Stage 21 – Hipodromo de la Zarzuela to Madrid – Spain – September 17, 2023 General view of riders during Stage 21 REUTERS/Susana…

Dutch court rules Chemours liable for environmental damage caused by PFAS

[ad_1] AMSTERDAM, Sept 27 (Reuters) – U.S. chemical company Chemours (CC.N) is liable for environmental damage in the Netherlands caused by PFAS chemicals between 1984 and at least 1998, the…

Breakingviews – Siemens is case study in China de-risking dilemma

[ad_1] LONDON, Oct 4 (Reuters Breakingviews) – Roland Busch has a problem familiar to many German corporate chieftains. Siemens’ (SIEGn.DE) chief executive presides over a sprawling $110 billion conglomerate with…

S.Africa’s Sasol sees decade or more for green hydrogen mass adoption

[ad_1] Cooling towers of South African petro-chemical company Sasol’s synthetic fuel plant in Secunda, north of Johannesburg, are seen in this picture taken March 1,2016.REUTERS/Siphiwe Sibeko/File Photo Acquire Licensing Rights…

Breakingviews – Germany risks letting a good crisis go to waste

[ad_1] LONDON, Oct 3 (Reuters Breakingviews) – Europe’s locomotive is turning into a drag. Germany, the European Union’s largest economy and its traditional growth engine, is headed towards a contraction…