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07.12.2022 • News

Reaction Biology Buys Germany’s Bioassay

US contract research organization Reaction Biology has acquired German contract laboratory Bioassay Labor für biologische Analytik and its wholly owned subsidiary Peptide Specialty Laboratories (PSL).

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07.12.2022 • News

Azelis Expands Asia-Pacific Presence with Chemiplas Acquisition

Consolidation in the distribution sector continues apace. Specialty chemicals and food ingredients distributor Azelis has entered into an agreement to take over Chemiplas, a leading distributor of specialty chemicals, plastic raw materials and ingredients in Australia, New Zealand and the Pacific Islands.

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07.12.2022 • News

Flow Chemistry

Executives and industry experts share their views on drivers as well as barriers for the use of flow chemistry in pharmaceutical manufacturing and the prospect for this technology in their industry sector.

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07.12.2022 • NewsTechnology

Curiosity, Disillusionment, Persistence, Success

Given the challenges the pharmaceutical industry is facing – secure material supply, reduce operation cost and increase flexibility, enhance sustainability and safety, innovate and reduce time-to-market – the sector is poised for a breakthrough of flow chemistry.

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07.12.2022 • NewsInnovation

Chemistry and the „Next Normal”

Numerous crises such as climate change, energy shortages, raw material shortages, war in Ukraine and the consequences of the pandemic are putting value chains worldwide to the test.

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06.12.2022 • News

EU Renews Glyphosate License for One Year

The European Commission has provisionally renewed the license of the herbicide active ingredient glyphosate until the end of 2023. Earlier this year, the EU governing body had asked all member states to approve a one-year extension.

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05.12.2022 • News

Ineos Orders Ethane Carriers to Supply LNG

UK-steered petrochemicals giant Ineos has signed long-term charter agreements with Japan’s IINO Kaiun Kaisha line for delivery of two Very Large Ethane Carriers (VLECs) with a volume of 99,000 cbm, initially to supply liquefied natural gas (LNG) to Germany.

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05.12.2022 • News

SABIC, Aramco Invest in PKN Orlen

SABIC, Saudi Aramco and PKN Orlen have signed a joint development agreement to assess the technical and economic feasibility of a petrochemical project in the Polish city of Gdansk. The project would include a steam cracker and downstream plants.

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02.12.2022 • News

WuXi STA Opens new Parenteral Formulation Line

WuXi STA has started up a new parenteral formulation line at its drug product site in Wuxi City, China. The company’s second line for parenteral drug product clinical and commercial manufacturing to go on stream this year has an annual capacity of 10 million units.

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02.12.2022 • News

Ireland Seeks Role as Exporter of Renewable H2

Ireland wants to harness its huge offshore wind potential to become a major exporter of renewable hydrogen to other European nations but will have to take significant steps to realize its vision, the country’s environment ministry says.

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02.12.2022 • News

Corteva Pays $1.2 Billion for Stoller

US agricultural chemicals and seeds group Corteva has agreed to buy Stoller Group, a compatriot producer of biostimulants and plant nutrition products, for $1.2 billion in cash. The transaction is expected to close in the first half of 2023.

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01.12.2022 • News

Elementis to Sell Chromium Business to Yildirim

UK specialty chemicals company Elementis has agreed to sell its chromium business to the Yildirim Group for $170 million. The deal values the business at 7.3 times the EBITDA posted in fiscal 2022 (30 June.)

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01.12.2022 • News

EU Fines Styrene Buyers for Cartel

The European Commission has fined five companies a total of €157 million for forming a styrene cartel that operated from May 2012 to June 2018. Affected are Sunpor, Synbra, Synthomer, Synthos and Trinseo. As the member that blew the whistle in 2017, Ineos escaped a fine.

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01.12.2022 • News

AstraZeneca Boosts Cancer Portfolio with Neogene Buy

AstraZeneca has agreed to acquire Neogene Therapeutics, a clinical-stage biotechnology company focused on the discovery, development and manufacture of next-generation T-cell receptor therapies (TCR-Ts) – a promising and novel cell therapy approach to target cancer.

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30.11.2022 • News

Germany Inks Major LNG Deal with Qatar

QatarEnergy, teamed with US energy major ConocoPhillips, has agreed to supply Germany with around 2 million tonnes of liquefied natural gas (LNG) annually over 15 years, starting in 2026.

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30.11.2022 • News

Invista Breaks Ground on US Nylon Expansion

To help supply the expanding global demand for PA 6.6, which it markets as Nylon, US-based trademark owner Invista, now part of Koch Industries, is building a new plant at its Camden, South Carolina, production site, where groundbreaking ceremonies were recently held.

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29.11.2022 • News

Shell to Acquire Denmark’s Nature Energy

Shell has sealed a definitive agreement to buy Europe’s largest biogas producer, Denmark’s Nature Energy, for €1.9 billion. The move is being seen as another sign of a former oil major’s effort to diversify its portfolio and reduce the dependence on fossil fuels that put it on the energy map.

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29.11.2022 • News

Healiva’s Cell Bank Purchase to Expedite EpiDex Launch

In a move that will advance the launch of its first cell therapy product EpiDex, Swiss biotech Healiva has acquired a qualified cell bank from B. Braun Medical, a Swiss subsidiary of the German medical and pharmaceutical device company, B. Braun.

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29.11.2022 • News

Poland’s Energy Group, Hynfra Partner on Green Hydrogen

Polish companies Energy Group and Hynfra have signed a Letter of Intent (LoI) to develop a project that would produce green hydrogen, green ammonia and methanol. The companies estimate the cost of the project to be more than €22 billion.

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29.11.2022 • NewsStrategy

The Energy Crisis as Opportunity

The current crisis, exacerbated by the economic downturn and war in Ukraine, can be an opportunity to reduce dependence on fossil feedstocks and explore sustainable alternatives.

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28.11.2022 • News

TotalEnergies to Build Recycling Unit for PP

France’s TotalEnergies said it plans to build a new production line for high-performance recycled polypropylene used in automotive applications at its polymer production site in Carling, France.

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28.11.2022 • News

SABIC Confirms Plans for COTC Complex

SABIC has announced plans to set up a crude oil-to-chemicals (COTC) complex in Ras Al-Khair, Saudi Arabia. The complex is expected to convert 400,000 bbl/day of oil, the company said in a statement to the Tadawul stock exchange.

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28.11.2022 • News

Brenntag Eyes Takeover of Rival Univar

Brenntag and Univar Solutions have both confirmed reports from late last week that they are in talks about the German-multinational chemical distributor acquiring its US rival. Both companies stress that the negotiations are at a preliminary stage.

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28.11.2022 • News

Flow Chemistry

Executives and industry experts share their views on drivers as well as barriers for the use of flow chemistry in pharmaceutical manufacturing and the prospect for this technology in their industry sector.

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25.11.2022 • News

Fujifilm Triples Manufacturing Capacity for Cell Culture Media

Responding to rising market demand, Japan’s Fujifilm is spending $188 million to establish a manufacturing facility for cell culture media in Research Triangle Park, North Carolina, USA. The site – Fujifilm’s fifth worldwide – will be operated by subsidiary Fujifilm Irvine Scientific.

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25.11.2022 • News

VNG and Total Eren Link up on Green Ammonia

German gas utility VNG, a combination of multiple providers, is joining up with Total Eren, a Paris-based renewable energy Independent Power Producer (IPP) soon to be absorbed by TotalEnergies to develop the market for green ammonia imports into Europe.

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25.11.2022 • News

Novo Nordisk Expands API Capacity

Danish pharma Novo Nordisk has announced plans to invest 5.4 billion Danish kroner to expand its existing facilities in Bagsværd.

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24.11.2022 • News

ICIG Wraps up Acquisition of Compounder Benvic

Following all approvals, International Chemical Investors (ICIG) has completed its acquisition of the compounds business of the French Benvic group. The closing follows a binding agreement signed in August.

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Interview

Specialty Chemicals in a Shifting World
Adapting to Tariffs and Strengthening Regional Networks

Specialty Chemicals in a Shifting World

Jennifer Abril, President & CEO of SOCMA, discusses the impact of new tariffs and the importance of regional supply networks in the specialty chemical industry.