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Vynova Alkoxides GmbH is beginning the construction of a new alcoholates plant at Chemiepark Lülsdorf GmbH in Lülsdorf, Germany. An external engineering company has been contracted to complete the basic design by the summer.
Novo Nordisk has acquired the global rights to China-based United Laboratories’ triple-agonist weight-loss and diabetes drug in a deal worth up to $2bn as the Wegovy (semalgutide) developer seeks a successor for its blockbuster drug.
Bunge Global SA has entered into an agreement to divest its European margarines and spreads division to Vandemoortele, a prominent family-owned food group based in Europe. This transaction includes Bunge’s manufacturing operations in Germany, Finland, Poland and Hungary, along with a portfolio of 20 consumer brands.
In accordance with the decision of the Annual General Meeting on 26 March 2025, the name of the company will be changed from Cargotec Corporation to Hiab Corporation as of 1 April 2025. An IFRS 8 evaluation was made for the new standalone Hiab company and based on the evaluation and as previously announced on 7 January 2025, Hiab has as of 1 January 2025 two reporting segments.