Kazakhstan

UPDATE 2: Evonik says economic recovery is in 2024 and predicts 2,000 job cuts

German chemical organization Evonik Industries said on Monday it does not expect an economic recovery in 2024 and announced up to 2,000 job cuts worldwide through 2026. The task cuts are expected to reduce prices by 400 million euros ($434. 04 million) a year, “We will have to prepare for the continuation of the economic typhoon in the global economy,” CEO Christian Kullmann said on a conference call, adding that the company expects consumers will benefit from the recent drop in energy prices.

UPDATE 2: Evonik says economic recovery is in 2024 and predicts 2,000 job cuts Read More »

The onshore drilling rig market is poised to expand with revenue exceeding $43. 8 billion through 2023.

Dublin, March 12, 2024 (GLOBE NEWSWIRE) — The Onshore Drilling Rigs Market Report 2023-2033 has been added to the ResearchAndMarkets. com offering. The global demand for energy resources is catalyzing the onshore drilling rig market, and it looks like a notable increase in profits with projections to exceed $43. 8 billion by 2023. Rigorous industrialization, immediate urbanization, and rising energy consumption are shaping the landscape for truly extensive market expansion through 2033. Analysis Captures

The onshore drilling rig market is poised to expand with revenue exceeding $43. 8 billion through 2023. Read More »