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Azelis Appoints Evy Hellinckx as New CEO for EMEA

Specialty chemicals and food ingredients distributor Azelis has appointed Evy Hellinckx as CEO of Azelis EMEA, effective Jan. 1, 2024. She succeeds Anna Bertona, who will take on her new role as Azelis Group CEO at the beginning of next year.

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Biosurfactants at Scale

In response to the urgent need for sustainable solutions in the ­surfactants industry, companies like Locus Ingredients are developing environmentally friendly biosurfactants.

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Plastale: Towards Sustainable Development through Material Innovation and Circular Economy

The Egypt-based start-up Plastale produces composite materials for different applications out of local plastic and crop waste. Their recycling process aims to be energy and cost efficient, and the start-up focuses also on creating social impact through collaboration with local communities and local waste collectors. For this reason, International Sustainable Chemistry Collaborative Centre (ISC3) features Plastale as the ISC3 Start-up of the Month for September 2023.

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Univar Buys Canadian Chemicals Distributor FloChem

US specialty ingredients and chemicals distributor Univar Solutions has acquired Canadian company FloChem and certain of its affiliates, giving Univar access to new market segments and new service capabilities. Terms of the transaction were not disclosed.

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LyondellBasell Plans Permanent Closure of PP Plant in Italy

LyondellBasell plans to permanently close one of its two polypropylene (PP) plants at Brindisi, Italy, due to increasingly difficult market conditions and a poor outlook. The company has not disclosed which plant is affected, nor has it provided a timeline for the planned closure.

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Solvay Expands China Research and Innovation Center in Shanghai

With the inauguration of a new research building in the Shanghai Technology Park, Solvay has completed the expansion of its China Research & Innovation Center (R&I). The company said that it has invested more than 4 billion RMB (approximately €500 million) in its Chinese R&I hub since 2005.

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CordenPharma Completes Upgrade of US Peptide Production Site in Colorado

CDMO CordenPharma, a specialist in active pharmaceutical ingredients (APIs), excipients, drug products and packaging services, inaugurated an increased commercial peptide production capacity with newly-upgraded facilities at its Colorado site in the US, which the company says is the world's largest solid-phase peptide synthesis (SPPS) manufacturing facility.

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Albemarle Makes Final Proposal for the Acquisition of Liontown

Australian lithium miner Liontown announced that it has received a revised conditional and non-binding indicative proposal from Albemarle to acquire all of the ordinary shares outstanding in Liontown for A$3.00 in cash per share via scheme of arrangement. The revised proposal values Liontown at A$6.6 billion ($4.3 billion) on an equity value basis.

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FTC Approves Amgen's Acquisition of Horizon

The US Federal Trade Commission (FTC) wants to clear the takeover of Irish biotech company Horizon Therapeutics by pharmaceutical group Amgen. Following concessions by Amgen, the authority is dropping its earlier objections to the $27.8 billion purchase, the FTC announced last Friday.

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Danaher to Acquire Abcam for $5.7 Billion

US science and technology group Danaher has entered into a definitive agreement to acquire Abcam, a supplier of life science research tools. Danaher will buy all of the outstanding shares of Abcam for $24.00 per share. The transaction, which is worth about $5.7 billion, is expected to close in mid-2024.

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FEICA to Launch New Adhesives and Sealants Report

FEICA, the Association of the European Adhesive and Sealant Industry, will publish its latest study of the program “The European Adhesives and Sealants” on Sep. 14, 2023, at this year’s European Adhesive & Sealant Conference and Expo.

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Bayer to Build New R&D Facility at German Site in Monheim

Bayer’ Crop Science division plans to invest €220 million in a new research and development (R&D) facility at its Monheim, Germany site. This is the company’s largest single investment in its crop protection business in Germany since the founding of the Monheim campus in 1979, Bayer said.

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EuroAPI to Acquire German CDMO BianoGMP

Active pharmaceutical ingredients manufacturer EuroAPI has agreed to acquire BianoGMP, a contract development and manufacturing organization (CDMO) specializing in oligonucleotides. Biano is to become a EuroAPI company but retain its corporate brand.

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Rentschler in Collaboration to Improve AAV-Manufacturing for Gene Therapies

German CDMO Rentschler Biopharma is collaborating with the Cell and Gene Therapy Catapult (CGT Catapult), an independent innovation and technology organization specializing in the advancement of cell and gene therapies, and Oxford-based mass photometry specialist Refeyn, to improve the manufacturing adeno-associated viruses (AAVs).

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Johnson & Johnson and Kenvue Finalize Separation

Kenvue, the world’s largest pure-play consumer health company by revenue and maker of brands such as Band-Aid, Tylenol, Listerine or Neutrogena, eventually became a fully independent company following the final separation from Johnson & Johnson. A stock swap offer to exchange shares of Johnson & Johnson common stock for shares of Kenvue ended at the end of the day on Aug. 18, 2023.

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DuPont to Divest Majority Stake in Delrin Business to TJC

DuPont has agreed to sell an 80.1% ownership interest in the Delrin acetal homopolymer (H-POM) business to private equity company TJC in a transaction valuing the business at $1.8 billion. The transaction is expected to close around year-end 2023, subject to customary closing conditions and regulatory approval.

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Grupa Azoty Plans New Ammonium Nitrate Plant at Polish Fertilizer Site

Polish chemical company Grupa Azoty wants to build a new concentrated ammonium nitrate solution plant at its site in Tarnów, Poland. The company announced that it has signed a contract with Thyssenkrupp Uhde for the preparation of licensing documentation and the supply of all process equipment for the plant.

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