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Axens Wins China Aromatics Project

French technology provider Axens has won a contract from China’s CNOOC Huizhou Petrochemical Co. Ltd. (CHPCL) for an aromatics expansion project in Daya Bay.

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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.

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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.

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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.

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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. 

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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