Air Liquide has entered into exclusive negotiations with French private equity firm Hivest Capital Partners for the divestment of its subsidiary CRYOPDP, a supplier of tailor-made life sciences and healthcare solutions.
The decision highlights Air Liquide’s strategy to regularly review its asset portfolio in order to focus on key businesses and geographies to maximise its performances.
The transaction is subject to the signature of a final and definite agreement between the two companies and will be carried out in the framework of the relevant social processes and ongoing dialogue with the employee representatives’ bodies.
By Molly Burgess
Source: Gasworld
Appointed Borealis CEO in 2021, Thomas has led key initiatives including the sale of the nitrogen business, acquisitions of Rialti Spa and Integra Plastics AD, and Borouge’s IPO. He also made the final investment decision for the Borouge 4 plant, set to be the world’s largest polyolefin complex.
The Chemours Co. today named interim CEO Denise Dignam as the company’s permanent CEO and president, as well as a member of the board of directors, effective immediately. Dignam has been interim CEO since late February, when former CEO Mark Newman was placed on leave due to an internal investigation.
Neste Corp. (Espoo, Finland) has completed its organizational change process, announced on 1 November 2023. Neste informed that it will merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working.