The divestment of BASF’s mining business follows a comprehensive strategic review within BASF’s Performance Chemicals division. Subject to approval by the relevant merger control authorities and customary closing conditions, the transaction is expected to close in 2027. The parties have agreed not to disclose the financial terms of the transaction.
Martin Huber to succeed Olaf Klinger as Chief Financial Officer of Symrise AG as part of a planned succession. Olaf Klinger will conclude his successful eleven-year tenure at Symrise AG on March 31, 2027. Martin Huber will assume the position of CFO at Symrise AG on April 1, 2027, bringing more than 20 years of international finance and leadership experience.
Anneli Carlot will join Arkema on January 1st, 2027 and will be appointed Chief Financial Officer of the Group effective January 18th, succeeding Marie-José Donsion, who has chosen to pursue her career outside the Group. Anneli Carlot will be a member of the Executive Committee.
INEOS Inovyn has completed the acquisition of the remaining 50% shareholding in Runcorn MCP Limited, together with the assets and employees associated with ethylene dichloride production at Runcorn from Vynova Runcorn Limited, following its entry into administration in 2025.
Akzo Nobel N.V. and Axalta Coating Systems Ltd. today received conditional approval from the European Commission for their proposed all-stock merger of equals, which will create a premier global coatings company. The transaction is expected to close in early 2027 subject to pending regulatory approvals.
