News
Huntsman in Vietnam Textiles Collaboration
Huntsman Textile Effects, a producer of dyes, chemicals and digital inks for the textile and related industries, has announced a strategic partnership with Phong Phu International (PPJ), a Vietnamese garment manufacturer and exporter.
IMCD Opens Dubai Office
IMCD, the Netherlands-based specialty chemicals and food ingredients distributor, has opened an office in Dubai, strengthening its presence in the Middle East.
J&J Signs two new Covid-Vaccine Pacts
As part of a plan to establish a network of manufacturing partners to help boost capacity ahead of a potential FDA approval of a Covid-19 vaccine, US healthcare giant Johnson & Johnson (J&J) recently signed agreements with two US companies.
Hovione Appoints Jean-Luc Herbeaux as Chief Operating Officer
Jean-Luc Herbeaux has been appointed as Chief Operating Officer (COO) of Hovione, effective May 1, 2020.
CEFIC Appoints Frans Stokman as Executive Director of Petrochemicals Europe
The European Chemical Industry Council (CEFIC) has appointed Frans Stokman as new Executive Director of its industry sector Petrochemicals Europe, effective immediately.
Linde and Hyosung in Hydrogen JV
Linde has signed an agreement with South Korean conglomerate Hyosung to build what they said will be the world’s single largest liquid hydrogen manufacturing plant, at Hyosung’s Ulsan site.
Lonza Teams up with Moderna on Covid-19 Vaccine
Swiss fine chemicals producer and CDMO Lonza has signed a 10-year worldwide strategic collaboration agreement with Cambridge, Massachusetts-based US biotech Moderna to enable larger scale manufacture of Moderna’s RNA-1273 based Covid-19 vaccine candidate as well as other of products in future.
Lanxess Completes Sale of its Currenta Stake
German specialty chemicals producer Lanxess completed the sale of its 40% stake in chemical park operator Currenta to Australia’s Macquarie Infrastructure and Real Assets (MIRA) at the end of April. The sale agreement was concluded in August 2019.
Mitsubishi Chemical to Acquire US Chemicals and Materials Manufacturer Gelest
Tokyo, Japan-based Mitsubishi Chemical Corporation (MCC), through its US subsidiary acquires US chemicals and materials group Gelest from New Mountain Capital.
Syngenta and Novozymes Win Taegro Approvals
After more than seven years of collaboration, Syngenta and Novozymes are now entering the commercialization phase of their microbial-based foliar fungicide Taegro.
Seqens Invests in Second IPA Plant
Seqens, a French provider of pharmaceutical synthesis and specialty ingredients, is planning to invest an undisclosed sum in a second isopropanol (IPA) production plant at Roussillon.
BASF Retracts 2020 Earnings Estimate
BASF has retracted its earnings estimate for 2020 communicated at the end of February, citing a clouded outlook amid the coronavirus pandemic. “In any case, the Feb. 28 forecast will not be met,” it said.
Evotec Links with Leon-Nanodrugs
Evotec has formed a strategic partnership with Leon-Nanodrugs, a German-based provider of nanotechnology for the pharmaceutical industry.
Bayer Biding its Time on Roundup Settlements
Bayer has set aside €480 million to defend lawsuits brought by people who claim that Monsanto’s glyphosate-based herbicide Roundup caused their non-Hodgkins lymphoma, CEO Werner Baumann said at the company’s annual general meeting on Apr. 28.
Sanofi says US may Get Covid Vaccine first
Sanofi has urged the EU to create an equivalent of the US government’s Biomedical Advanced Research and Development Authority (BARDA) to coordinate research into a Covid-19 vaccine, or face being left behind.
Trinseo Restructures Leadership
US-based plastics, latex binders and synthetic rubber producer Trinseo is once again changing its leadership team as it implements a flatter organization to streamline decision making.
Sekisui Chemical and INCJ Form Ethanol JV
Plastics manufacturer Sekisui Chemical and the Innovation Network Corporation of Japan (INCJ) have formed a joint venture to verify and commercialize combustible waste-to-ethanol technology.
Ineos Pursues Chemical Recycling With Plastic Energy
Ineos has joined forces with Plastic Energy to help promote and employ chemical recycling.
Biontech Gets Green Light for German Covid Trials
Paul-Ehrlich-Institut (PEI), Germany’s federal institute for vaccines and biomedicines, has given the go-ahead for Germany’s first clinical trial of a vaccine candidate to prevent COVID-19.
