Fluor Corporation, a leading engineering, procurement, construction and maintenance (EPCM) companies has renewed its global alliance agreement with Intergraph for the next five years. This agreement covers the Intergraph Smartplant and Smartmarine Enterprise software suites, including Smartplant 3D, PDS, Smartplant P&ID, and Smartplant Instrumentation and numerous other solutions.
Building on the April 2025 announcement, Dow will take actions across its three operating segments to support European profitability, resulting in the closure of sites in Germany and the UK.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
Novo Nordisk announced a global workforce reduction of approximately 9,000 positions to streamline operations and reinvest DKK 8 billion (€1 billion) in growth opportunities for diabetes and obesity treatments.
The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.
