Belgium, Germany hit hardest by huge drop in chemicals industry activity in EU
Belgium and Germany have borne the brunt of a sharp downturn in Europe’s chemicals industry. The sector has been shrinking fast;
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German chemicals giant Evonik says 7,000 jobs on the line
A major restructuring and cost-cutting operation at Evonik, a publicly-listed German specialty chemicals company, could reduce its workforce by one-fifth.
Chemistry giant BASF considers closures at main plant in Germany
German chemistry giant BASF has said it was contemplating the closure of one in seven facilities at its main plant in Ludwigshafen.
German chemicals giant BASF to shut plants at home while investing billions in China
German multinational BASF is sparking a heated debate about degrowth and deindustrialisation.