Chinese battery giant CATL said it was planning a private share placement to raise up to 58.2 billion yuan ($8.98 billion) to fund six projects aimed at boosting its production capacity of lithium-ion batteries.
German speciality chemicals maker Lanxess raised its 2021 core profit outlook on Wednesday the second time this year driven by a rebound in the auto industry's demand and continued strong performance of its disinfectants business.