Specialty chemicals company Nouryon recently announced that it is further strengthening its sustainability commitments by joining the United Nations Global Compact, the world's largest corporate sustainability initiative.

Perstorp Group announced its commitment to emission reduction targets in line with the Paris Climate Agreement and the Science Based Targets initiative.

The KRAHN Chemie Group, part of the Otto Krahn Group, has acquired majority stakes in six companies from Jollis AB & Partners.

Evonik's venture capital arm has invested in chembid, a search and market intelligence platform for chemicals, to strengthen the company's e-commerce activities.

OQ Chemicals (formerly Oxea) has entered into an agreement to license its advanced proprietary technology for the production of ethylene and propylene derivatives to Duqm Refinery and Petrochemicals Industries Co. (DRPIC) in Oman.

OQ Chemicals, formerly Oxea, is now marketing a large part of its product portfolio of oxo intermediates and oxo derivatives via the specialized B2B online marketplaces Pinpools and Chemondis.

Bulab Holdings Inc. announced that its shareholders have elected three new members to its Board of Directors.

The global chemical company Oxea has officially changed its corporate name to OQ Chemicals as a sign of its final integration into the newly formed energy company OQ.

BASF announced that the sales and earnings forecast the company provided on Feb. 28 for the 2020 business year will not be met.

Specialty chemicals provider Perstorp has started the large-scale production of hand sanitizer and surface disinfectant for the Swedish healthcare sector.