SABIC in Saudi Battery Joint Venture
SABIC’s Nusaned Investment unit has set up a joint venture with SCHMID Group to develop and manufacture vanadium redox flow batteries at Dammam 3rd Industrial City.
News
Pfizer to Make Space for Vaccine Production
To save manufacturing space for its growing vaccines plans, Pfizer has said it will outsource production of some of its pharmaceutical portfolio. The work is planned to be shared out with a network of 200 contractors in the US and Europe.
Menarini to Buy Stemline Therapeutics for $677 Million
Italian pharmaceuticals and diagnostics company Menarini is to buy US biopharma Stemline Therapeutics in a deal valued at up to $677 million.
LyondellBasell Wins Vietnam PP Project
LyondellBasell has been awarded a contract by Hyosung Vina Chemicals to supply its Spheripol PP technology for a new plant to be built in the Cai Mep industrial zone in Vung Tau province, Vietnam.
Lucite and Agilyx Partner on PMMA
Acrylic-based products manufacturer Lucite International, part of the Mitsubishi Chemical Group, is working with Agilyx to define the most suitable chemical recycling infrastructure for polymethyl methacrylate (PMMA).
Resinex to Distribute Ascend’s PA 6.6 in Europe
Belgium-based thermoplastics distributor Resinex has received the nod to handle Ascend Performance Materials’ polyamide 6.6 resin in major European countries and regions. Financial terms of the agreement were not disclosed.
At least Nine Dead in Indian Styrenics Plant Leak
As many as 9 to 11 people are believed to have died and hundreds more were hospitalized after a leak of styrene gas from an LG Polymers plant near the Indian city of Visakhapatnam in Andhra Pradesh state. The incident occurred in the early morning hours of May 7.
Sartorius Closes Danaher Acquisition
German pharma and laboratory equipment supplier Sartorius completed its $825 million purchase of certain life science businesses of Danaher Corps at the end of April.
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.
New Site Agreement for BASF at Ludwigshafen
BASF has signed a new agreement for its headquarters site at Ludwigshafen, Germany, covering wages and working conditions for the 34,000 employees who work there.
Ineos Adds US Sanitizer Plants, Plans Hygiene Business
Ineos will build two hand sanitizer plants in the US, adding to the facilities it has already constructed in the UK, Germany and France.
Industry and EU Parliament Back Green Recovery
But while MEPS push the Green Deal, the German chemical industry association VCI stresses that economic and social factors should be given equal emphasis.
Bachem and Jitsubo in Licensing Agreement
Swiss CDMO Bachem has signed an exclusive licensing agreement to use the liquid phase peptide manufacturing technology Molecular Hiving developed by Japan’s Jitsubo.
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.
