Page 157 - CW E-Magazine (11-2-2025)

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.
strengthening security, according to a puting, biotech, robotics, and space
: Chemical-indonesia.net statement from the Commission. technologies. To further underpin the competitive-
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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