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Pfizer in Talks to Take Cancer Biotech Seagen

01.03.2023 -

Pfizer is in the early stage of talks to acquire Seagen (formerly Seattle Genetics), a US biotech focused on developing treatments for cancer, according to a report in...

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Brenntag Buys South African Water Treatment Facility

01.03.2023 -

Brenntag has expanded its capabilities in South Africa with the purchase of a Johannesburg facility focused on water treatment solutions. The purchase price was not...

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Baumann Calls US Legal System Unjust

01.03.2023 -

At his last – virtual – annual results press conference before handing over the CEO’s job to Bill Anderson in May, in addition to reviewing figures for 2022 and trying to...

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ExxonMobil and SK Collaborate on Blue Ammonia

28.02.2023 -

ExxonMobil has signed a Heads of Agreement with South Korea’s SK Inc. to collaborate on blue ammonia. Under the terms of the deal, SK expects to offtake supplies of blue...

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Evonik Invests in Chinese Battery Maker SuperC

28.02.2023 -

German chemical producer Evonik is investing in battery maker Hefei Haizhou New Material Co (SuperC), a Chinese company specialized in graphene materials, which it...

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Celanese and Mitsui Extend Strategic Partnerships

28.02.2023 -

US chemical group Celanese is extending one existing strategic collaboration with Japan’s Mitsui and establishing a new one. Added to the 50:50 methanol joint venture...

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EL MAT Sustainable Solutions Turns “Waste” Water into Valuable Products

27.02.2023 -

The South African start-up EL MAT Sustainable Solutions found a way to produce electricity, purified water and fertilizers from wastewater – without the introduction of...

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BASF Plans Major Cutbacks at Ludwigshafen

27.02.2023 -

Major changes are in store for BASF, as the world’s largest chemical producer comes to grips with severe pressure on profits from soaring energy prices.