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Meetings & Conferences                                                                                                                                                               News from Abroad



          : +1-888-334-8704 | 203-840-5648  October 2025                   November 2025                             TOUGH TIMES
          : Interphex.com/en-us.html     8-15 | Düsseldorf, Germany        12-13 | Cologne, Gremany                  Dow to cut 1,500 jobs in bid to save $1-bn in costs
                                         K 2025                            Sustainable Chemicals Conference &
       8-10 | Amsterdam, Netherlands     International trade fair for the plastics   Expo                               Dow has announced new measures,  actions to reduce costs while we navigate  to lower prices and margin pressures,
       In-cosmetics Global 2025          and rubber industry               Trans-World Events Ltd.                   including job cuts, to achieve $1-bn in  through this ongoing slower-than-  especially in Europe, where a challenging
          : Pallavi Oak                  Messe Düsseldorf GmbH              : +44 1483 330 018                      cost savings amidst slowing demand in  expected macroeconomic recovery,”  regulatory environment has  prompted
        : +91 22 67716607                : +49 0 211 / 4560-7611                                                   end-use industries and dipping margin.  said Mr. Jim Fitterling, Dow Chair and  some companies to rethink their
          : +91 998738574                 : Info@messe-duesseldorf.de      : Info@trans-worldevents.com                                              CEO. “As 2025 progresses we will con-  strategies.
          : In-cosmetics.com/global/en-gb.html                                : Sustaiablechemicals-expo.com            The  company  said it  plans to re-  tinue to evaluate  options to reinforce
                                            : Online.com/en                                                          duce around 1,500 jobs globally, with  our competitiveness  and take further   “In December, we signed a defi ni-
       May 2025                                                            June 2027                                 Europe and Asia in focus, and it expects to  action, if necessary,” he added.  tive agreement for  the sale of  a
                                                                                                                                                                                         minority stake in select U.S. Gulf Coast
       7-8 | New Jersey, USA             14-16 | Shanghai, China           14-18 | Frankfurt, Germany                save an additional $300-mn to $500-mn   The company’s  net sales for  the  infrastructure assets for expected cash
                                                                                                                     this year by cutting back on expenses.
       15th ICIS World Surfactants       ACHEMASIA 2025                    ACHEMA 2027                                                                 fourth quarter ended December 31,  proceeds of up to approximately $3-bn.
       Conference                        DECHEMA Ausstellungs-GmbH         DECHEMA Ausstellungs-GmbH                    “The actions will further reduce the  2024, were $10.4-bn, down 2% year-  We also announced a strategic review
       ICIS                               : +49 69 7564-100/+49 69 7564-750   : +49 69 7564-100/69 7564-750        company’s costs in response to ongoing  over-year. Quarterly net sales from  of select European assets, and now we
       Nicol Lange                        : Visitor@dechema.de             : Visitor@dechema.de                    macroeconomic uncertainty, while rein-  its packaging and specialty  plastics  are announcing additional  actions  to
        : +44 (0)20 7911 1393              : Achemasia.de/en                 : Achema.de/en/                        forcing its long-term competitiveness  segment,  its largest by revenue,  fell  deliver $1-bn of targeted cost reductions.
        : Nicol.lange@icis.com                                                                                      across  the economic cycle,” the com-  5.8% to $5.32-bn from a year ago, as  These collective actions  represent a
          : Events.icis.com/ehome/worldsur                                                                           pany said in a press announcement.  lower prices offset higher demand for  continuation of Dow’s commitment to
           factants/home                                                                                                                               its packaging products.  The chemical  maintaining our strong fi nancial foun-
                                                                                                                        “While these decisions are diffi cult,  industry has been grappling with weak  dation and supplementing  near-term
       July 2025                                         INDIA                                                       we  must continue to take proactive  demand  and high input  costs, leading  cash fl ow,” Mr. Fitterling.
       29-31 | Jakarta – Indonesia                                                                                   CLOSING THE GAP
       Inacoating                                                                                                    European Union unveils plan to boost competitiveness
       GEM Indonesia
          : Relyana                                                                                                     The European Commission has  Central Bank (ECB), which calls for an  changes to simplify rules. It also noted
        : Relyana@gemisen-group.com                                                                                 presented the ‘Competitiveness Compass’,  additional annual investment of between  the upcoming Clean Industrial Deal to
          : +62-21 5435 8118                                                                                         a strategic blueprint aimed at restoring  €750-bn and €800-bn to counteract  drive decarbonisation, a plan for affor-
          : Inacoating-exhibition.net                                                                                the European Union’s economic  edge  Europe’s decline in competitiveness.  dable energy to reduce costs, and
                                                                       R                   R                         and driving technological  leader-                                  targeted strategies for high-risk sectors
       29-31 | Jakarta – Indonesia                                                                                   ship as it  seeks to close the  gap with   The commission will launch “AI  like steel, metals, and chemicals.
       Chemical Indonesia                                                                                            the US  and China.  Acknowledging a  Gigafactories”  and “Apply  AI” initi-
       GEM Indonesia                                                                                                 two-decade lag in productivity growth  atives to accelerate  AI development   To reduce dependencies,  the bloc
          : Relyana                                                                                                  compared to other major economies,  and adoption across key industries, the  plans to  prioritise European compa-
        : Relyana@gemisen-group.com                                                                                 the compass focuses on boosting inno-  compass says. It also promises actions  nies in critical sectors and technologies
          : +62-21 5435 8118                                                                                         vation, advancing decarbonisation, and  for advanced materials, quantum com-  under reviewed public procurement rules.
          : Chemical-indonesia.net                                                                                   strengthening security, according to a  puting, biotech, robotics, and space   To further underpin the competitive-
                                                                                                                     statement from the Commission.
                                                                                                                                                       technologies.
                                                                                                                                                                                         ness, the compass sets a target of cutting
       August 2025                                                                                                      “Europe has everything it needs to   A separate report released by the  the administrative burden for fi rms by at
       26-28 | Seoul, South Korea                                      APRIL 2025                                    succeed in the race to the top. But, at the  commission  highlighted  the EU’s on-  least 25% and by at least 35% for SMEs.
       CPHI Korea 2025                                 29       30                                                   same time, we must fi x our weaknesses  going struggles in scaling up its busi-  It also proposes measures to lower the
       Informa Markets Korea Corporation                               HALL 2, 3 & 6 | BEC | MUMBAI                  to regain competitiveness,”  European  nesses. This report provides the analyti-  barriers to the functioning of the EU
       Helena (Suhyun) Kim                                                                                           Commission President Ms. Ursula von  cal  context for the ‘Competitiveness  Single Market, which has struggled with
        : +82 2 6715 5422                                                                                           der Leyen said in the statement.  The  Compass’.                    regulatory fragmentation for decades,
                                                                                                                     compass builds on a strategic report re-
                                                                                                                                                                                         and to advance the European Savings and
        : Helena.kim@informa.com/                                                                                   leased last year by Mr. Mario Draghi,   In this regard, the compass outlines  Investments Union project to enhance the
            Cphi-kr@informa.com                                                                                      the former Italian  prime minister  and  a strategy  to remove  barriers  to faci-  EU’s fi nancing competitiveness, despite
          : Cphi.com/korea/en/home.html                                                                              former  president of the  European  litate  startup growth,  and legislative  its slow progress over the years.


       156                                                                 Chemical Weekly  February 11, 2025        Chemical Weekly  February 11, 2025                                                              157


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