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11.12.2024 • NewsStrategy

Statement: Michael Friede, CEO, Brenntag Specialties

CHEManager asked executives and industry experts from a broad range of chemical distributors to share their views on how their companies are dealing with this changing economic environment and the resulting opportunities and challenges.

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11.12.2024 • NewsStrategy

“Quo vadis, Europe?”

Today, economic success is defined by a different perception and practice of supply capability and supply security. This applies not only to the European trade with chemicals but to the entire chemical value chain.

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09.12.2024 • News

SOCMA Publishes 2025 Contract Manufacturing Outlook

The Society of Chemical Manufacturers & Affiliates (SOCMA) has published the results of its 2025 Contract Manufacturing Outlook survey which reveals significant trends and insights into the contract manufacturing landscape.

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06.12.2024 • News

Lilly Plans $3 Billion Expansion of US Facility in Wisconsin

US drug manufacturer Eli Lilly announced a $3 billion expansion of its US manufacturing facility in Kenosha County, Wisconsin, that the company acquired earlier this year. This investment will extend the company's global parenteral (injectable) product manufacturing network for diabetes, obesity and future medicines across therapeutic areas.

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03.12.2024 • News

Givaudan Hikes Encapsulation Technologies Capacity in Mexico

In a move to increase its competitive advantage in Latin America, Swiss flavors, fragrances and active cosmetic ingredients manufacturer Givaudan has inaugurated its newly expanded production facility at the Pedro Escobedo site in Mexico, enhancing the company’s encapsulation technologies.

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03.12.2024 • News

H.B. Fuller to Further Focus Portfolio

H.B. Fuller Company, the largest pure-play adhesives company in the world, recently announced that it has signed agreements to acquire two leading medical adhesive technology companies, GEM S.r.l. and Medifill Ltd.

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03.12.2024 • News

Air Liquide to Launch New Renewable Hydrogen Production Facility in France

French industrial gases group Air Liquide is launching a renewable hydrogen production project at La Mède, France, to supply TotalEnergies’ biorefinery at that site under a long-term contract. AirLiquide will build, own, and operate the new unit with a capacity of 25,000 t/y, producing hydrogen from recycled biogenic by-products instead of fossil hydrocarbons.

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02.12.2024 • News

Hovione Expands Spray Drying Capacities in the USA and Ireland

Lisbon, Portugal-headquartered Hovione has completed significant expansions in Europe and the USA. The investments at the facilities in East Windsor, New Jersey, and Ringaskiddy, Cork, significantly increase the global capacities of the CDMO (contract development and manufacturing organization) for spray drying for pharma applications and improve the sites' capabilities.

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28.11.2024 • News

Roche to Buy Poseida Therapeutics for $1.5 Billion

Roche has entered into a definitive merger agreement to acquire Poseida Therapeutics, a US clinical-stage biopharmaceutical company developing donor-derived CAR-T cell therapies, in a deal valued at approximately $1.5 billion.

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26.11.2024 • News

IMCD Expands Pharmaceuticals Technical Centre and Wins Laura Marshall Award

IMCD Group, a global distribution partner and formulator of specialty chemicals and ingredients, recently announced the expansion of its Pharmaceuticals Technical Centre in Jakarta, Indonesia. This facility will serve as the hub for pharmaceutical development and innovation across Southeast Asia, Australia, and New Zealand.

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26.11.2024 • NewsStrategy

Circular Solutions

The path to a sustainable, net-zero future for the chemical industry is paved with challenges – and also opportunities.

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22.11.2024 • News

Novartis Acquires Kate Therapeutics for $1.1 Billion

Swiss pharmaceutical giant Novartis has acquired Kate Therapeutics for $1.1 billion. The San Diego, US-headquartered preclinical stage biotechnology company develops adeno-associated virus (AAV)-based gene therapies to treat inherited neuromuscular diseases.

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21.11.2024 • News

Avantor Opens New US Innovation Center in Bridgewater

Avantor has opened its latest Innovation Center in Bridgewater, New Jersey, US, “to support the growing demands for monoclonal antibodies, cell and gene therapy and mRNA workflows.” The new center is now part of the company’s network of 13 global research and innovation centers.

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20.11.2024 • News

Siegfried Opens New Drug Substances R&D Center in Evionnaz

Zofingen, Switzerland-based contract development and manufacturing organization (CDMO) Siegfried inaugurated its new global research and development (R&D) center for drug substances at its site in Evionnaz, Switzerland. The 4,500 m2 center houses chemical and analytical facilities, laboratories, and technologies such as flow chemistry, advanced distillation and process analytical technology, as well as new office space.

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19.11.2024 • News

Unipex Solutions Becomes Barentz France

Dutch-based multinational distributor Barentz announced that Unipex Solutions France, which it acquired in 2022, transformed into Barentz France. This new structure marks a major strategic turning point, symbolizing the complete integration of Unipex within Barentz and strengthening its presence in France, the group said.

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15.11.2024 • NewsBioprocessing

Ambiopharm Breaks Ground on $28 Million Expansion

Ambiopharm, a US-based pharmaceutical services company specializing in peptide manufacturing, recently announced the groundbreaking of a 70,000-square-foot (6,504 m2) capacity expansion project at its Shanghai manufacturing site. This $28 million (€26.6 million) project reflects the company’s commitment to serving growing global demand and confidence in China’s vital role in the global pharmaceutical supply chain.

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12.11.2024 • News

ICIG Acquires European Advanced Organics Business from Valtris

International Chemical Investors Group (ICIG) has acquired the European Advanced Organics business from Valtris Specialty Chemicals. The transaction includes production plants in Tessenderlo, Belgium, and Maastricht, the Netherlands, as well as the benzyl chloride and derivatives portfolio manufactured at those sites.

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12.11.2024 • News

Nouryon Completes Expansion for Organic Peroxides in China

Dutch specialty chemicals producer Nouryon has completed the capacity expansion for organic peroxides at its manufacturing facility in Ningbo, China. The expansion doubled production capacity to 6,000 tons of organic peroxide products each, which are sold under the Perkadox 14 and Trigonox 101 brands.

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11.11.2024 • News

Avid Bioservices to Be Acquired by GHO Capital and Ampersand

US-headquartered Avid Bioservices, a biologics-oriented CDMO, will be acquired by funds managed by GHO Capital Partners and Ampersand Capital Partners in an all-cash transaction valued at approximately $1.1 billion. The three companies have signed a corresponding agreement.

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