As part of a master plan to revamp the sultanate’s production infrastructure, the government has decided to roll state-owned Oman Oil Company (OOC), Oman Refineries and Petroleum Industries Company (ORPIC) and six other domestic energy firms into one unit that would also include German oxo intermediates and derivatives producer Oxea.
Michael Zobel (50), currently head of the High Performance Materials (HPM) business unit, will take over the management of Lanxess subsidiary Saltigo from Torsten Derr (50) on June 1, 2020.
Hamburg, Germany-headquartered HSH Chemie has founded a new subsidiary in Riga, Latvia by converting its former representative office, established already 3 years ago.
Azelis is to acquire S. Zhaveri Pharmakem, expanding its presence in India and gaining a significant footprint in the country’s fast-growing pharmaceutical market. Headquartered in Mumbai, S. Zhaveri serves both domestic and international principal suppliers to India’s pharmaceutical market.
