How Charlotte becomes a headquarters of the German economy

Charlotte It’s a home like so many in this upscale residential area of ​​Charlotte. It is one and a half stories high, made of light-colored natural stone, and the blue front door is adorned with a wreath of autumnal flowers. And yet each of the guests on this Monday evening knows that they are right […]

Big surplus at Europe’s banks

Frankfurt. It is a constant lament of German financial institutions: the negative interest rates of the European Central Bank (ECB) on deposits of currently minus 0.5 percent. According to the Federal Association of German Banks (BdB), that cost the German credit institutions around 2.6 billion euros in 2020. For all banks in the euro zone, […]

New villages are emerging in the cities

Mannheim New residential areas are often like small villages within the city: They not only offer modern residential buildings for young and old, but also shops, restaurants and on-site leisure opportunities. This is why neighborhood living is now popular with many people, says Julian Lal, Senior Associate Market Research at the Munich asset manager Wealthcap: […]

Recycle plastic waste chemically together

Chemical recycling of plastic waste is the aim of the planned collaboration between the three companies. (Image: Alexacrib – stock.adobe.com) It is planned that Remondis will supply suitable plastic waste for the plant and that BASF will use the resulting pyrolysis oil as a raw material in the production network as part of the Chemcycling […]

BASF and RWE sign declaration of intent for climate protection

In the planned electrification, CO2-free technologies such as electrically heated steam cracker ovens for the production of petrochemicals are used. The chemical company is already working on their development with partners. About the common project The CEOs of the two companies have signed a letter of intent on a far-reaching cooperation for the development of […]

BASF and Mitsui intend to promote the recycling of chemicals in Japan

The chemical companies BASF, Ludwigshafen, and Mitsui Chemicals, Tokyo, Japan, have started a joint study on how chemical recycling could work in Japan. The corporations want to examine options across the entire value chain in order to commercialize the process. Before plastic waste is processed into pyrolysis oil, it is shredded, as shown here as […]

Takeover gives Phoenix a drastic jump in sales

Mannheim. Mannheim. The Mannheim-based pharmaceutical wholesaler Phoenix wants to buy parts of the European business of its US competitor McKesson – and would thus drastically increase its sales. As Phoenix announced on Wednesday, the two companies have signed an agreement to acquire McKesson businesses in Belgium, France, Ireland, Italy, Portugal and Slovenia. The European headquarters […]

Entry ban makes Germans prisoners

New York, Washington Alexandra’s father has been in a German hospital for a long time after a serious operation. His daughter, who lives in the USA, cannot visit him. Because the German does not get an exception permit to then return to the United States. Alexandra * and her husband are stuck with their children. […]

More than 20 companies have permission to use PFOS in Scheldt…

The standard for PFOS is also exceeded in the Scheldt. This is apparent from the answer of the Flemish Minister for the Environment Zuhal Demir (N-VA) to a question from Mieke Schauvliege (Groen). “Six times more PFOS is found in fish than the norm allows,” Schauvliege said on Radio 1. The PFOS pollution is not […]