Page 171 - CW E-Magazine (15-7-2025)

News from Abroad

system of fragrance creation in
‘Symrise South’,” the company said.

“We believe in the respectful use of
natural resources through partnerships.
This helps us ensure sustainable agri-
cultural practices to cultivate fi nest per-
fumery raw materials. With the open-
ing, we take the fi rst important step
in our journey to bundle and elevate
expertise and capabilities in Grasse,” said
Jean-Yves Parisot, CEO of Symrise.

“This investment refl ects the vision
of SFA Neroli to provide both emplo-
yees and customers with a high-per- creations. Here, creative talents, R&D of French perfumery throughout the
forming, creative environment for sus- technicians, and supply chain experts world,” said Alexandrine Demachy,
tainable, locally produced fragrance come together to promote the legacy President, SFA Neroli.
STRUCTURAL CHALLENGES
Dow confi rms closure of three upstream European assets

Dow has announced that, as a fol- remove higher-cost, energy-intensive
low-up to review of the European asset portions of Dow’s portfolio in the
in April 2025, its Board of Directors region. This will improve our ability to
has approved the shutdown of three supply profi table derivative demand and
upstream assets in Europe, in addition optimise margins,” the company said.
to certain corporate and other assets
across the company’s global asset foot- “Our industry in Europe continues
print. to face diffi cult market dynamics, as
well as an ongoing challenging cost and
The shutdown of its ethylene cracker These roles are in addition to the $1-bn demand landscape,” said Jim Fitterling,
and chlor-alkali & vinyl (CAV) assets cost savings actions announced in Dow’s CEO.
in Germany is expected to happen January that included a workforce
in the fourth quarter of 2027, while a reduction of approximately 1,500 The shutdown of the assets is
siloxanes plant in UK will be shut by Dow roles globally. expected to begin in mid-2026 and is
mid-2026. estimated to be complete by the end of
“The shutdown of upstream assets in 2027, with potential decommissioning
Approximately 800 jobs will be Europe will right-size regional capacity, and demolition likely to continue into
impacted as a result of these actions. reduce merchant sale exposure, and 2029.
Syensqo and Terma ink advanced materials partnership deal

Belgium’s Syensqo, and Danish shared commitment to driving scien- Application Centre (in UK) and
defence & aerospace solutions provider, tifi c advancements for composites and global network of testing and qualifi ca-
Terma, have signed a collaboration delivering next-generation solutions for tion labs, this partnership will focus on
agreement. aerospace and defense applications,” integrating Syensqo’s adhesive, com-
said Marc Doyle, Business Executive posite and speciality polymer materials
“We are excited to join forces Vice-President of Syensqo Composite into Terma’s systems, furthering the
with Terma, a leader in aerospace and Materials. adoption of advanced materials into the
defence composite component manu- most challenging applications for
facturing. This partnership refl ects our With support from Syensqo’s Heanor aerospace and defence.

Chemical Weekly July 15, 2025 171

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