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Honeywell Plans to Spin Off Its Advanced Materials Business

14.10.2024 -

In a move to progress its strategic priorities of accelerating organic growth, Honeywell announced that it plans to spin off its Advanced Materials business into an...

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Specialty Pharma CDMO OneSource Recently Launched

11.10.2024 -

OneSource Specialty Pharma, a newly incorporated CDMO, formed from the merger of three CDMO businesses within the Strides Group. The company has a 30-year track record...

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Rio Tinto to Acquire Arcadium Lithium for $6.7 Billion

10.10.2024 -

Rio Tinto announced that it will acquire Arcadium Lithium in an all-cash transaction for $5.85 per share that values Arcadium’s at approximately $6.7 billion.

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Piramal to Expand US Facility for Sterile Injectables

04.10.2024 -

US contract development and manufacturing organization (CDMO) Piramal Pharma Solutions (PPS), part of India-headquartered Piramal Pharma, plans to invest $80 million for...

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Lilly Announces New $4.5 Billion Site

03.10.2024 -

Eli Lilly and Company (Lilly) recently announced a $4.5 billion (€4.07 billion) investment to create the Lilly Medicine Foundry, a new center for advanced manufacturing...

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SK Pharmteco to Expand Production in South Korea

03.10.2024 -

South Korean contract development and manufacturing organization (CDMO) SK Pharmteco announced a major expansion of its small molecule and peptide production capabilities...

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A.P. Moller Holding Launches Fossil-free Plastic Resins Business

02.10.2024 -

A.P. Moller Holding, the mother company of shipping giant Maersk, has launched Vioneo, a manufacturer of fossil-free plastic resins and intends to establish its first...

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Evonik Breaks Ground on Major Silica Expansion in Charleston, US

02.10.2024 -

Evonik recently announced the groundbreaking of a significant expansion at its Charleston site in South Carolina’s Berkeley County.