Keywords: Chemical Industry


EU approves Adnoc's €14.7 billion acquisition of German chemical giant Covestro

The European Commission has conditionally approved Abu Dhabi National Oil Company's (Adnoc) €14.7 billion acquisition of Covestro, a major German chemical manufacturer. This decision marks one of the most significant foreign takeovers of a European industrial firm by a Gulf state entity, clearing......

ExxonMobil explores selling UK and Belgian chemical plants in $1 billion deal

ExxonMobil is considering selling its chemical plants in the United Kingdom and Belgium as part of a broader strategic shift, reflecting growing challenges for the European chemical industry. According to a report by the Financial Times on September 3, the American energy giant has initiated preliminary......

Nations gather in Geneva to address the Global plastic pollution crisis

Geneva, August 5, 2025 – Nearly 180 countries began talks Tuesday at the United Nations headquarters in Geneva to draft the world’s first legally binding treaty aimed at tackling the growing plastic pollution crisis threatening the planet. Ecuadorian diplomat Luis Vayas Valdivieso, presiding......