EU Tourism nights booked online recovered by 34 % in 2021

  In 2021, guests spent around 364 million nights in short-term rental accommodation booked via Airbnb, Booking, Expedia Group or Tripadvisor in the EU, representing an increase of around 34% compared with 2020. However, this number is still 29% below the 512 million nights recorded in 2019, the year before the COVID-19 pandemic. These data … More EU Tourism nights booked online recovered by 34 % in 2021

BASF and MAN Energy Solutions enter into partnership for construction of one of the world’s largest heat pumps in Ludwigshafen

Waste heat from cooling water system as a low-carbon energy source for steam production Expected reduction in CO2 emissions of up to 390,000 metric tons annually Feasibility study to investigate project at Ludwigshafen site BASF and MAN Energy Solutions have entered into a strategic partnership to pursue the construction of an industrial-scale heat pump at … More BASF and MAN Energy Solutions enter into partnership for construction of one of the world’s largest heat pumps in Ludwigshafen

EU agricultural markets affected by Russian invasion

The Russian invasion of Ukraine has significantly disturbed global agricultural markets, particularly as Russia and Ukraine have been major exporters of grains, wheat, maize, oilseeds (particularly sunflowers) and fertilisers. This has added further instability to markets, resulting in sharp price rises for key agricultural products and inputs. In the first quarter of 2022 (Q1 2022), … More EU agricultural markets affected by Russian invasion

Tatiana Kalman appointed to head of Personal Care Europe business unit at BASF

Effective July 1, 2022, Tatiana Kalman succeeded Dr. Marko Grozdanovic as Senior Vice President Tatiana Kalman was simultaneously appointed Managing Director of BASF Personal Care and Nutrition GmbH based in Monheim BASF has appointed Tatiana Kalman as head of the Personal Care Europe regional business unit and as the new Managing Director of BASF Personal … More Tatiana Kalman appointed to head of Personal Care Europe business unit at BASF

Digital finance: EU Commission welcomes political agreements on milestone regulatory framework for crypto-assets

The EU Commission welcomes the political agreement reached yesterday between the European Parliament and the Council on the Commission’s proposal for a Regulation on markets in crypto-assets (“MiCA”). This agreement marks a milestone in delivering on the Commission’s digital finance package of September 2020. The EU is among the first major jurisdictions worldwide to design … More Digital finance: EU Commission welcomes political agreements on milestone regulatory framework for crypto-assets

Clariant announces simplified organisational and leadership structure

Clariant to reorganise in three global Business Units instead of five, with newly appointed BU Presidents Angela Cackovich, Jens Cuntze, and Christian Vang Executive Committee to be replaced by an Executive Steering Committee that will include the BU Presidents with P&L responsibility Simplified and flatter operating model to support cultural transformation and implementation of Clariant’s … More Clariant announces simplified organisational and leadership structure