What Does the World Cost?: BASF: The Wobbling Chemical Giant
BASF, the world's largest chemical company and once a symbol of Germany's economic boom, is currently facing a severe crisis, particularly with its headquarters in Ludwigshafen being unprofitable.
Senate approves a package of 3.1 billion reais for the chemical and petrochemical industry
The Brazilian Senate has approved a bill that increases tax incentives for the chemical and petrochemical industries to 3.1 billion reais.
Senate approves tax reduction costing R$ 3.1 billion and benefiting Braskem
The Brazilian Senate has approved a temporary reduction in taxes for the chemical and petrochemical industries, primarily benefiting the company Braskem, at a cost of R$ 3.1 billion to public finances.
Government Approves First Petrochemical Restructuring Project... Provides 2.1 Trillion Won Support Package
The South Korean government has officially approved a restructuring plan for the country's petrochemical industry, marking the first project under this initiative with a support package exceeding 2.1 trillion won.
Climate Protection: Germany Wants to Relax Emissions Trading
The German government is pushing to ease climate protection regulations for the industry, particularly affecting the chemical sector, raising concerns among environmentalists about Europe's climate goals.
Zero Emissions by 2050? No Chance! American Energy Secretary Reveals the Path
American Energy Secretary Chris Wright criticized European climate policies, highlighting their detrimental impact on the chemical industry and job loss in Europe.
This industry will be increasingly scarce in Europe. A crucial branch is at risk of collapse
The European chemical industry is facing significant challenges, including high energy costs and regulatory burdens, as discussed by Kamil Majczak, the president of Qemetica.
Before the EU Summit: Tug of War over European Emissions Trading
The chemical industry is challenging the core of climate policy as Brussels responds during the EU Industry Summit, with President von der Leyen facing pressure for potential reforms.
European chemical giants want to change the emission trading system
European chemical companies are urging the EU to revise its emissions trading system due to high carbon prices affecting their competitiveness.
BASF Chief in Interview: 'We Need Relief Now'
BASF Chief Markus Kamieth calls for swift reforms from EU leaders to support the struggling chemical industry amid significant capacity reductions and job losses.
Chamber approves tax reduction costing R$ 3.1 billion and benefiting Braskem
The Brazilian Chamber of Deputies has approved a temporary tax reduction on PIS/Pasep and Cofins for the chemical and petrochemical industry, benefiting Braskem significantly.
Energy Prices: How the State is Relieving Companies
The article discusses the high energy consumption of the chemical industry in Germany and government measures to alleviate energy costs for companies.
Chemical Industry: 'Energy is Prosperity'
Wacker Chemie emphasizes the importance of polysilicon for the semiconductor and solar cell industries, which are crucial for the energy transition and digitalization.
"The abandonment of workers at Taekwang Industry for over 40 minutes at the chemical accident site is a clear murder"
An investigation reveals that a worker at Taekwang Industry in Ulsan was left unattended for over 40 minutes after being exposed to toxic substances, prompting calls for accountability from labor groups.
Chamber approves urgent regime for tax reduction project benefiting Braskem
The Brazilian Chamber of Deputies has approved an expedited process for a project that temporarily reduces PIS/Pasep and Cofins rates for the chemical and petrochemical industry, primarily benefiting Braskem.
Turkish opening in Egypt with a $350 million arms deal
Turkey's Mechanical and Chemical Industry Corporation (MKE) has finalized a significant arms export agreement with Egypt's Defense Ministry, including ammunition supply and production infrastructure development within Egypt, valued at $350 million.
Okawara Chemical Industry False Accusation Case: The Metropolitan Police Department Demands Burden from Three Former Executives
The Tokyo Metropolitan Police Department has requested that three former executives of the Public Safety Bureau contribute over 5 million yen towards damages paid by the city related to the Okawara Chemical Industry false accusation case, following resident audit requests.
Worker dies from inhaling toxic substance at Ulsan chemical plant
A 37-year-old worker at Taekwang Industryโs Ulsan plant died after inhaling chloroform that leaked while he was inspecting the pipes.
Alckmin announces R$ 2 billion for the chemical industry amid the crisis in the Industrial Hub of Cubatรฃo
Vice President Geraldo Alckmin announced a R$ 2 billion incentive for the Brazilian chemical industry to support the struggling Industrial Hub of Cubatรฃo, which has faced factory closures and job losses.
Chemical Industry: Former DAX Member Covestro Leaves the Stock Exchange
Covestro, a former DAX-listed company, is set to exit the stock exchange as its new owner, a state oil and gas company from the UAE, plans to forcibly buy out remaining minority shareholders.
Insolvency at Domo: Is the Leuna Chemical Park Now Slipping into Crisis?
After the insolvency of Domo Chemicals' German subsidiaries, over 500 jobs at the Leuna site are at risk, prompting Economic Minister Schulze to announce support.
Maire focuses on fertilizers with the acquisition of Ballestra
Italian group Maire has completed an acquisition worth over 126 million euros of Ballestra, a key player in the chemical industry for the design and engineering of processing plants.