Bayer aims to sustainably improve performance with new organization

New operating model aims to reduce hierarchies, eliminate bureaucracy and accelerate decision-making processes

18-Jan-2024 - The Bayer Group is introducing a new operating model called “Dynamic Shared Ownership” (DSO) worldwide, which will reduce hierarchies, eliminate bureaucracy, streamline structures and accelerate decision-making processes. The aim of the new operating model is to make the company much more agile ...

Agilent completes acquisition of Young In Scientific assets

21-Aug-2018 - Agilent Technologies Inc. announced that it has completed its acquisition of the Agilent-related business from Young In Scientific Co. Ltd. and its affiliates (“YI Scientific”). YI Scientific is a distributor of analytical and scientific instruments in South Korea and a long-time distributor of ...

Agilent aigns agreement to acquire assets from Young In Scientific Co. Ltd.

24-May-2018 - Agilent Technologies Inc. announced that it has signed a definitive agreement to acquire the Agilent-related business from Young In Scientific Co. Ltd. YI Scientific is a leading distributor of analytical and scientific instruments in South Korea and a long-time distributor of Agilent instruments ...

Diamond friction

Simulation reveals previously unknown friction mechanisms at the molecular level

04-Sep-2017 - Diamond coatings help reduce friction and wear on tools, bearings, and seals. Lubricating diamond with water considerably lowers friction. The reasons for this are not yet fully understood. The Fraunhofer Institute for Material Mechanics IWM in Freiburg and the Physics Institute at the University ...

BASF increases earnings considerably in the second quarter due to higher volumes

EBIT before special items €2.1 billion (plus 12%)

28-Jul-2014 - BASF’s business developed positively in the second quarter of 2014. At €18.5 billion, sales rose by 1% compared with the same period of the previous year. “This was largely the result of higher sales volumes in our chemicals business, which comprises the Chemicals, Performance Products and ...

BASF restructures its fuel cell systems business

BASF to exit membrane electrode assemblies business at BASF Fuel Cell

05-Aug-2013 - BASF is restructuring its fuel cell systems activities and will focus on catalysts and adsorbents for fuel cells in the future. As a result, BASF Fuel Cell, Inc., Somerset, New Jersey, will be closed on August 1, 2013. The site produces membrane electrode assemblies for high-temperature polymer ...

AkzoNobel Q2 results 2013

22-Jul-2013 - Akzo Nobel N.V. (AkzoNobel) reported a 4 percent decrease in revenues in the second quarter compared with the same period last year. This was due to divestments and adverse currencies against a backdrop of continued challenging market conditions. Operating income for Q2 was 17 percent lower at ...

BASF to strengthen competitiveness of its Performance Products segment

Restructuring of the businesses with plastic additives, pigments, water, leather and textile chemicals

24-Apr-2013 - BASF is taking a number of steps to strengthen the competitiveness of its Performance Products segment. The segment bundles BASF’s businesses with chemicals that improve the properties of many different end-user products. The portfolio includes ingredients for personal care, cosmetics, ...

BASF realigns global business with basazol paper dyes

Production facility in Ludwigshafen to be closed

11-Feb-2011 - As part of the strategic realignment of the Paper Chemicals division, BASF will be closing down its production facility for the manufacture of basazol dyes at the Ludwigshafen ...

Torsten Olschewski appointed as Business Unit Head at Analytik Jena AG

22-Nov-2010 - With effect from October 1, 2010, Torsten Olschewski, as Business Unit Head, will be taking overall responsibility for Analytical Instrumentation, the largest division at Analytik Jena AG. His new position also includes Research and Development, in addition to the fields of Sales, Product ...