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24.06.2024 • News

Dow Acquires Polyethylene Recycler Circulus

Dow has signed an agreement to acquire US company Circulus, a recycler of plastic waste into post-consumer resin (PCR). The transaction includes two facilities, one in Ardmore, Oklahoma, and another in Arab, Alabama, with a total capacity of 50,000 metric tons per year. Dow expects the transaction to close in the third quarter of 2024, subject to customary regulatory approval.

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20.06.2024 • News

Shin-Etsu Chemical Offers $431 Million for Mimasu Semiconductor Industry

Japan’s Shin-Etsu Chemical has made an offer to acquire all of the shares in its affiliate Mimasu Semiconductor Industry for ¥68.0 billion (approximately $430.9 million). Shin-Etsu will raise its stake in Mimasu to 100% from the current 43.87%. The tender offer will begin on June 21, with the aim of closing by the end of Aug. 5.

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18.06.2024 • News

Siegfried to Buy Early-Phase CDMO Site from Curia

Zofingen, Switzerland-based contract development and manufacturing organization (CDMO) Siegfried has signed a binding agreement to acquire an early-phase CDMO site in Grafton, Wisconsin, US, from Curia. The transaction is expected to close by July 1, subject to customary closing conditions.

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18.06.2024 • News

Fujifilm Completes New Semiconductor Materials Plant in South Korea

Fujifilm hast completed the construction of a new factory for advanced semiconductor materials in Pyeongtaek City, Korea. The new factory will produce color filter materials for image sensors. The new factory is scheduled to be fully operational by the end of December 2024.

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17.06.2024 • News

Actylis Appoints Scott Thomson as CEO

Actylis, a global manufacturer and sourcing expert of critical materials and performance ingredients for the life sciences and specialty chemicals markets formed in 2022, appointed Scott Thomson as new Chief Executive Officer.

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17.06.2024 • News

Vienna Textile Lab – Rethinking Colours

Austrian start-up Vienna Textile Lab produces biodegradable dyes and pigments utilizing naturally occurring microorganisms. Low-emission production, the use of renewable raw materials and the biodegradability of the final product are significant sustainability aspects of the innovation and its contribution to a circular economy.

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13.06.2024 • News

Siegfried to Acquire Early-Phase CDMO in US

Siegfried, a global Contract Development and Manufacturing Organization (CDMO) for the pharmaceutical industry headquartered in Zofingen, Switzerland, has signed binding agreements with Curia Global for the acquisition of an early-phase CDMO site in Grafton, Wisconsin, US.

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12.06.2024 • News

CEPSA Begins Construction of an Isopropyl Alcohol Plant in Spain

CEPSA has begun constructing a plant to produce 80,000 mt of isopropyl alcohol in Spain. The new facility represents an investment of € 75 million. The facility will be able to replace fossil-based raw materials with sustainable materials, thereby reinforcing CEPSA's Positive Motion strategy to drive the energy transition.

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10.06.2024 • News

TotalEnergies and Air Products Sign Agreement for Green Hydrogen Delivery in Europe

Air Products and TotalEnergies have entered into a 15-year contract to annually deliver 70,000 tons of green hydrogen in Europe, commencing in 2030. This first long-term agreement is a response to TotalEnergies' tender for 500,000 tons of green hydrogen per year, aimed at reducing carbon emissions from TotalEnergies' European refineries.

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06.06.2024 • News

BioNTech to Receive $145 Million to Expand mRNA Vaccine Production in Africa

German biotech company BioNTech and the Coalition for Epidemic Preparedness Innovations (CEPI) are expanding their strategic partnership to contribute to building a sustainable and resilient end-to-end African vaccine ecosystem. The partners said that CEPI will commit up to $145 million to support BioNTech to establish mRNA vaccine R&D as well as clinical and commercial-scale manufacturing capabilities at the company’s facility in Kigali, Rwanda.

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05.06.2024 • News

Aurigene Opens Biologics Facility

Aurigene Pharmaceutical Services Limited (Aurigene), a Dr. Reddy’s Laboratories Limited company, inaugurated its biologics facility spread across 6500 m2 (70,000 sq ft) in Hyderabad, India.

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05.06.2024 • News • Strategy

Decarbonizing for a Sustainable Future

Reducing greenhouse gas (GHG) emissions in the supply chain lies outside of a company’s direct control, so collaboration with suppliers and partners in the supply chain is key.

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• 05.06.2024 • News • Strategy

Trying Times and a Wave of Light

In February, industry leaders from 20 industrial sectors presented the ‘Antwerp Declaration for a European Industrial Deal’. The declaration emphasizes industry's dedication to Europe's transformation and outlines urgent needs to enhance Europe's competitiveness, resilience, and sustainability amid challenging economic circumstances.

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• 05.06.2024 • News • Chemistry

Sustainable Practices in Biopharmaceuticals

BioPhorum, an industry collaboration group, focuses on advancing sustainability within the biopharmaceutical sector. In an exclusive interview, Nicola Coles, Director of BioPhorum Sustainability, shares insights into the organization’s commitment to environmentally responsible practices.

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05.06.2024 • News • Chemistry

Sustainability from the Beginning

The idea that statistics can address urgent sustainability concerns at the lab bench was central to presentations at the recent JMP Discovery Summit Europe in Manchester, UK.

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04.06.2024 • News

Sterling Expands HPAPI Capabilities at US Facility

UK-headquartered contract development and manufacturing organization (CDMO) Sterling Pharma Solutions has invested $3 million at its US facility in Germantown, WI, to expand the company’s integrated antibody-drug conjugate (ADC) development and manufacturing capabilities.

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03.06.2024 • News

Neste, Marubeni and Resonac to Collaborate on Renewable Chemicals in Japan

Neste, Marubeni and Resonac have agreed to cooperate on the production of renewable olefins and derivatives. The cooperation involves Neste RE, a Neste-produced renewable raw material, being used to manufacture products at leading Japanese chemical company Resonac’s Oita Complex in Japan. Marubeni, a major Japanese general trading and investment conglomerate, will coordinate all logistical arrangements from Neste to Resonac, the partners said.

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03.06.2024 • News

Wacker Buys Manufacturing Assets and Know-how of Bio Med Sciences

In a move to expand its expertise and business in silicone-coated healthcare products, Germany’s Wacker Chemie has acquired the manufacturing assets and know-how of US-based Bio Med Sciences. As part of the acquisition, a majority of Bio Med Sciences’ workforce will also move to Wacker, the company said. Financial details of the transaction were not disclosed.

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