Showing 1 to 10 of 10 results
German Chemical Industry Stabilizes, but Full Recovery Remains Elusive
Germany's chemical and pharmaceutical industry experienced a slight decline in turnover (-0.5%) and production (-1%) in the first half of 2024, though the pharmaceutical sector showed growth; recovery is projected for 2025, dependent on political and economic factors.
German Chemical Industry Stabilizes, but Full Recovery Remains Elusive
Germany's chemical and pharmaceutical industry experienced a slight decline in turnover (-0.5%) and production (-1%) in the first half of 2024, though the pharmaceutical sector showed growth; recovery is projected for 2025, dependent on political and economic factors.
Progress
44% Bias Score
A42 Autobahn Bridge Replacement in Bottrop: €35 Million Project Begins
A €35 million project to replace a narrow industrial bridge on the A42 Autobahn near Bottrop, Germany, began Tuesday. The new bridge, weighing 500 tons, requires specialized cranes and waterway closures for transport and installation, leading to a full A42 closure from June 6th to 16th. The existing...
A42 Autobahn Bridge Replacement in Bottrop: €35 Million Project Begins
A €35 million project to replace a narrow industrial bridge on the A42 Autobahn near Bottrop, Germany, began Tuesday. The new bridge, weighing 500 tons, requires specialized cranes and waterway closures for transport and installation, leading to a full A42 closure from June 6th to 16th. The existing...
Progress
20% Bias Score
German Chemical Industry Forecasts Stagnation for 2025
Germany's chemical and pharmaceutical industry faces a challenging 2025, with projected stagnation and a 1% turnover decrease to €219 billion, following a 2% drop in 2024; however, pharmaceutical production is expected to increase by 2%, offsetting job losses in the chemical sector, while high energ...
German Chemical Industry Forecasts Stagnation for 2025
Germany's chemical and pharmaceutical industry faces a challenging 2025, with projected stagnation and a 1% turnover decrease to €219 billion, following a 2% drop in 2024; however, pharmaceutical production is expected to increase by 2%, offsetting job losses in the chemical sector, while high energ...
Progress
52% Bias Score
Evonik's US Production Mitigates Tariff Risks, Profits Rise
German chemical company Evonik, with 31,900 employees globally, reported a €222 million net profit in 2024, a significant improvement from a €465 million loss in 2023, driven by cost-cutting and a focus on specialty chemicals; 80 percent of its US sales are from products manufactured in the US.
Evonik's US Production Mitigates Tariff Risks, Profits Rise
German chemical company Evonik, with 31,900 employees globally, reported a €222 million net profit in 2024, a significant improvement from a €465 million loss in 2023, driven by cost-cutting and a focus on specialty chemicals; 80 percent of its US sales are from products manufactured in the US.
Progress
40% Bias Score
Evonik Announces Major Restructuring Amidst German Chemical Industry Downturn
Evonik, a German chemical company, announced its largest-ever restructuring plan, impacting around 7000 jobs due to cost-cutting and the reorganization into two segments (Custom Solutions and Advanced Technologies), each with approximately €6 billion in annual revenue, effective April 1, 2025. Despi...
Evonik Announces Major Restructuring Amidst German Chemical Industry Downturn
Evonik, a German chemical company, announced its largest-ever restructuring plan, impacting around 7000 jobs due to cost-cutting and the reorganization into two segments (Custom Solutions and Advanced Technologies), each with approximately €6 billion in annual revenue, effective April 1, 2025. Despi...
Progress
4% Bias Score
A42 Bottrop Highway Closure for 35 Million Euro Bridge Replacement
A 35 million euro project to replace a too-narrow industrial bridge on the A42 highway near Bottrop, Germany, is underway, necessitating the temporary closure of the highway and the Rhine-Herne Canal to accommodate the unloading and installation of the new bridge's massive components.
A42 Bottrop Highway Closure for 35 Million Euro Bridge Replacement
A 35 million euro project to replace a too-narrow industrial bridge on the A42 highway near Bottrop, Germany, is underway, necessitating the temporary closure of the highway and the Rhine-Herne Canal to accommodate the unloading and installation of the new bridge's massive components.
Progress
4% Bias Score
German Chemical Industry Rebounds in Q1, but Future Growth Uncertain
Germany's chemical and pharmaceutical industry rebounded strongly in Q1 2020, with a 4.4% revenue increase to €54.8 billion, driven by increased production across various sectors, although future growth faces uncertainties due to US trade policies and competition from China.
German Chemical Industry Rebounds in Q1, but Future Growth Uncertain
Germany's chemical and pharmaceutical industry rebounded strongly in Q1 2020, with a 4.4% revenue increase to €54.8 billion, driven by increased production across various sectors, although future growth faces uncertainties due to US trade policies and competition from China.
Progress
36% Bias Score
German Chemical Industry Forecasts Stagnant Production, Slight Revenue Drop in 2025
Germany's chemical and pharmaceutical industry forecasts stagnant production and a 1% revenue drop to €219 billion in 2025, despite stable employment at 480,000, as high energy costs and weak domestic demand affect chemical production, while pharmaceuticals see growth in exports.
German Chemical Industry Forecasts Stagnant Production, Slight Revenue Drop in 2025
Germany's chemical and pharmaceutical industry forecasts stagnant production and a 1% revenue drop to €219 billion in 2025, despite stable employment at 480,000, as high energy costs and weak domestic demand affect chemical production, while pharmaceuticals see growth in exports.
Progress
40% Bias Score
Evonik Restructures, Cuts Jobs, Appoints Women to Top Management
Evonik, a German specialty chemicals company, is restructuring its operations, reducing its management layers, cutting 2000 jobs globally, and appointing two women to its executive board, resulting in women holding the majority of seats. The company is also reducing its business units from five to t...
Evonik Restructures, Cuts Jobs, Appoints Women to Top Management
Evonik, a German specialty chemicals company, is restructuring its operations, reducing its management layers, cutting 2000 jobs globally, and appointing two women to its executive board, resulting in women holding the majority of seats. The company is also reducing its business units from five to t...
Progress
44% Bias Score
Evonik Restructuring: 7,000 Jobs Affected by Major Restructuring
Evonik, a German chemical company, is restructuring, separating its "Technology & Infrastructure" division, potentially selling the infrastructure unit with 3,600 employees, while cutting 2,000 administrative roles and selling other businesses, impacting around 7,000 jobs in total.
Evonik Restructuring: 7,000 Jobs Affected by Major Restructuring
Evonik, a German chemical company, is restructuring, separating its "Technology & Infrastructure" division, potentially selling the infrastructure unit with 3,600 employees, while cutting 2,000 administrative roles and selling other businesses, impacting around 7,000 jobs in total.
Progress
48% Bias Score
Showing 1 to 10 of 10 results