News

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09.11.2022 • News

Ascend Acquires California Plastics Recycler

US nylon giant Ascend Performance Materials has acquired an undisclosed majority stake in compatriot Circular Polymers, a recycler of post-consumer high-performance polymers including PA 6 and 6.6, polypropylene and PET.

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09.11.2022 • News

Sandoz Invests in Extra European Antibiotic Capacity

Sandoz, the generics arm of Swiss drugmaker Novartis, has announced plans to spend an additional €50 million on raising European manufacturing capacity for finished dosage forms of amoxicillin and other key penicillin products.

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08.11.2022 • News

Pharma CEOs Take Action on Climate Change

The CEOs of seven multinational pharmaceutical companies have announced that they are taking joint action to achieve near-term emissions reduction targets and accelerate the delivery of net zero health systems.

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08.11.2022 • News

Shell and Partners Explore Carbon Capture in China

Shell has signed a non-binding Memorandum of Understanding (MoU) with BASF and Chinese state-owned groups, including chemical producer Sinopec and steel maker Baowu, to explore the feasibility of developing an open-source carbon capture, utilization and storage (CCUS) project in East China.

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07.11.2022 • News

Ariceum and AmbioPharm in Peptide Partnership

Ariceum Therapeutics, a Berlin-headquartered private biotech developing radiopharmaceutical products for the diagnosis and systemic targeted certain hard-to-treat cancers, and AmbioPharm, a globally oriented US CDMO specialized in peptides, have agreed a strategic partnership in peptide conjugates.

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07.11.2022 • News

IMCD Acquires China’s Shanghai Sanrise

Dutch specialty chemicals and ingredients distributor IMCD has entered into an agreement to buy China’s Shanghai Sanrise Industries & Development. Financial terms were not disclosed.

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04.11.2022 • News

DuPont Cancels Agreement to Acquire Rogers

DuPont has terminated the agreement announced in November last year to acquire the outstanding shares of electronics materials specialist Rogers Corporation for $5.2 billion.

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04.11.2022 • News

Cambrex Invests in US R&D Facility

Cambrex is investing in a new R&D facility in Minneapolis, Minnesota, USA, expanding its capacity for small molecule development and manufacturing.

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04.11.2022 • News

Acquisitions for Brenntag in Australia and USA

Leading international distributor Brenntag has acquired the life science business of Ravenswood, strengthening its position in the Australian and New Zealand specialties market. The deal is expected to close next month.

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03.11.2022 • News

Technip Wins new Contract for Ineos Cracker

Ineos has tapped Technip Energies to supply proprietary equipment for the 1.45 million t/y ethane cracker the UK group’s Olefins arm is building at Lillo in the Port of Antwerp.

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02.11.2022 • News

Curia Begins Work on New Mexico Expansion

US CDMO Curia has begun construction on an expansion of its campus in Albuquerque, New Mexico. The facility designed by Burns & McDonnell will be built by BE&K Building Group.

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31.10.2022 • News

Arkema Divests Phosphorous Business

As part of its “dynamic portfolio management,” French specialty chemicals producer Arkema said it has agreed to sell its subsidiary Febex, a global player in phosphorus derivatives, to Belgian group Prayon.

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31.10.2022 • News

Solvay Reuses Rosignano Limestone Residues

Solvay is collaborating with two companies to collect and reuse the limestone residues from its soda ash production in Rosignano, Italy. The move will enable the residues to be reused in construction and agriculture.

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28.10.2022 • News

Nuberg Wins Chlor-alkali Project in India

Indian chemical plant contractor Nuberg EPC has been tapped to build a 250 t/d chlor-alkali plant planned by Indian chemical major Chemfab Alkalis at Karaikal, Puducherry.

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28.10.2022 • News

Omicron-targeted Covid Boosters may not be Better

The newly launched bivalent mRNA-based Covid-19 booster shots from Moderna and Pfizer/BioNTech did not show a major improvement over the companies’ first-generation vaccines targeting the original strain, a small US study conducted by Columbia University and the University of Michigan has found. Detailed data have not yet been released.

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28.10.2022 • News

Röhm and OQ break ground on Texas MMA Plant

Together with compatriot project partner OQ Chemicals, Germany’s Röhm has broken ground on a new world-scale methyl methacrylate (MMA) plant it is building at OQ Chemicals’ Bay City, Texas site.

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27.10.2022 • News

Symeres Strengthens US Foothold with Exemplify Buy

Dutch CDMO Symeres has acquired Exemplify Biopharma, a US-based contract research organization (CRO) based in Cranbury, New Jersey, USA. The deal further strengthens Symeres’ foothold in the US, where it already generates about 50% of its revenues.

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26.10.2022 • News

US Ratifies Kigali Amendment to Montreal Protocol

The US Environmental Protection Agency (EPA) has announced additional actions to phase down the use of ozone-depleting hydrofluorocarbons (HFCs), lending a boost to president Joe Biden’s agenda for combating climate change.

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26.10.2022 • News

Vopak Singapore Mulls Ammonia Storage Expansion

Vopak Singapore is considering expanding its ammonia infrastructure in response to growing demand for sustainable energy. The expansion at its Banyan terminal would include full import and export capabilities for low-carbon power generation and bunker fuels.

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26.10.2022 • NewsStrategy

EU Energy and Supply: What Will Happen Next?

The European Commission proposed last month an emergency intervention in Europe’s energy markets to address recent dramatic price rises as the EU faces the effects of a severe mismatch between energy demand and supply. What is in the proposal?

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25.10.2022 • News

Evonik to Sell TA Derivatives Arm to SABO

Italy’s SABO, a producer of polymer additives, cosmetics ingredients and specialized products for a variety of zootechnical and industrial applications, is acquiring the TAA derivatives business of Germany’s Evonik, including two production sites at Marl, Germany, and Liaoyang, China.

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25.10.2022 • News

Italmatch Adds Flame Retardant Capacity in China

Italmatch, an Italian multinational specialty chemicals company, has started building a second flame retardants manufacturing plant in China. The expansion will expand capacity of the compay’s Phoslite range, which is based on inorganic phosphinates.

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24.10.2022 • News

Trinseo Mulls Multiple Plant Closures

In response to what it describes as a “challenging macroeconomic environment” marked by continuing erosion of consumer sentiment in Europe and the lack of any meaningful recovery in Asia following the Covid-19 lockdowns in the first half of 2022, US plastics producer Trinseo said it is evaluating its asset footprint to improve its economic position and operating flexibility.

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24.10.2022 • News

Ineos to Take Ashta Chemicals from Bigshire Mexico

Ineos Enterprises has agreed to acquire Ashta Chemicals from Bigshire Mexico for an undisclosed sum. The deal that includes a 100,000 kg/y potassium hydroxide (KOH) and a 65,000 t/y chlorine plant, is targeted to close before the end of 2022, subject to regulatory approvals.

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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.