News

BASF Opens New Global Hub

BASF is advancing the transformation of its Global Business Services organization. The company plans to bundle Finance and Human Resources services into a new global hub in India and consolidate Supply Chain services at its existing hub in Kuala Lumpur, while keeping certain activities regional or local to stay close to operations. Read More…

Evonik Expands Global Production of Hydroxyl‑terminated Polybutadienes

Evonik is reinforcing its growth strategy by strengthening its global production infrastructure for hydroxyl-terminated polybutadienes (HTPB). This follows significant investments made over the past two years, including the expansion of HTPB production capacity at its Marl, Germany site in 2024 and the establishment of a production facility for POLYVEST® ST-E 60 polybutadienes in Shanghai, China, in 2025. Read More…