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Sir Jim Ratcliffe, founder and chairman of Ineos, has warned that Europe’s chemical industry is at a “tipping point,” with approximately half of Europe’s ethylene production capacity projected to close ...
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Exxon Mobil announced it will eliminate 2,000 jobs worldwide, with Canadian operations bearing significant cuts as the oil giant restructures amid falling crude prices. The layoffs target Canada and the ...
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Imperial Oil has announced it will cut roughly 900 jobs, most of which are based in Calgary, as part of its plan to eliminate 20 per cent of its workforce ...
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Berkshire Hathaway will acquire Occidental Petroleum’s chemical business, OxyChem, in an all-cash transaction valued at $9.7 billion. The acquisition involves OxyChem, a global manufacturer of commodity chemicals with applications in ...
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BASF and International Flavors & Fragrances Inc. (IFF) have announced a collaboration to develop enzyme and polymer technologies for cleaning and personal care applications. The partnership will focus on IFF’s ...
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