INEOS launches a major investment at Lavera to regenerate and modernise one of France’s most important industrial sites, safeguarding 10,000 jobs. The project marks the first phase of a long-term regeneration plan to reduce emissions, boost reliability, efficiency and competitiveness, with support of the French State.
Johnson Matthey said on Thursday that finance chief Richard Pike will take on a new role as chief operating officer, as the British chemicals company streamlines top management to sharpen business focus. Pike will hand over the reins to insider Alastair Judge, who shall assume the role of chief financial officer from January 1.
AkzoNobel and Axalta have agreed to merge in an all-stock deal, creating a global coatings leader with $17 billion in revenue, a $25 billion enterprise value, and significant synergies expected within three years.
Over 110 organisations from across Europe’s plastics value chain have united to deliver an Industry Statement to officials at the European Commission’s Directorate-General for Environment (DG-ENV), calling to ‘close the gap’ between virgin and recycled plastic prices.
Nouryon (Amsterdam, the Netherlands) has opened its newest innovation center in Shanghai, China, a state-of-the-art facility designed to strengthen the company’s commitment to localized innovation, customer co-development and sustainable growth in China and across the Asia Pacific region.