Industrials gases group Linde plans to cut more than 11% of its German workforce following its merger with U.S. rival Praxair, a person familiar with the plans told Reuters.
More than 800 of the total 7,000 jobs in Germany will be cut, the person said, adding all businesses, including plant engineering and gases, would be affected.
German newspaper Frankfurter Allgemeine Zeitung first reported the cuts.
A Linde spokesman declined to comment.
By Alexander Huebner
Source: Reuters
CF Industries Holdings, Inc. (NYSE: CF) today announced that it has closed its acquisition of Incitec Pivot Limited’s (“IPL”) ammonia production complex located in Waggaman, Louisiana. Under the terms of the agreement, CF Industries purchased the Waggaman ammonia plant and related assets for $1.675 billion, subject to adjustments.
The Virgin Atlantic flight was powered entirely by SAF, that was a drop-in replacement for conventional jet fuel, but made solely from sustainable feedstocks. This was enabled through the inclusion of a new bio-based aromatic jet fuel blending component.
Cepsa SA (Madrid) has agreed a deal with C2X, an independent firm owned by AP Moller Holding with AP Moller-Maersk as minority owner, to develop a 300,000 metric tons per year renewable methanol plant at Huelva, Spain.
