On Tuesday, the Dow Jones Industrial Average will add a new member with an old name. Dow, the chemicals and plastics group being spun out of DowDupont, becomes a separate company on Monday and will join the DJIA the following day, with a market capitalisation estimated at about $40bn.
> Read the full article on the Financial Times website
By Ed Crooks
Source: Financial Times
The future CEO of thyssenkrupp Uhde, Nadja Håkansson, has held various management positions at Siemens and Siemens Energy and looks back on over 18 years of national and international experience in the areas of supply chain management, operations, sales and corporate management.
Neste and South Korean company Lotte Chemical have partnered on a project to elevate the sustainability profile of chemicals and plastics. The partnership’s ambition is to replace fossil resources with renewable raw materials that offer a lower carbon footprint.
At least the confidence in the chemical sector has been seeing an upward trend and the trade balance is recovering as destocking seems to be coming to an end. Citing projections from the European Central Bank, CEFIC states that the level of inflation is expected to fall from 5.4% in 2023 to 2.3% in 2024.
