
Italmatch Boosts Oil & Gas Chemicals with Aubin Buy
Italian multinational specialty chemicals company Italmatch has acquired Aubin Group from investment firm BGF, its owner since October 2013. Financial terms of the transaction were not disclosed.
Italian multinational specialty chemicals company Italmatch has acquired Aubin Group from investment firm BGF, its owner since October 2013. Financial terms of the transaction were not disclosed.
UK specialty chemical company Croda International will receive up to $75 million from the US government to expand its US capacity to produce ingredients for lipid systems used in novel therapeutic drugs, such as mRNA vaccines.
The mission of the US Environmental Protection Agency (EPA) under US president Joe Biden for the past 18 months has been to restore some of the Obama era anti-pollution regulations overturned by the former president Donald Trump.
Neste has bought the European rights to Alterra Energy’s liquefaction technology.
Ineos Oligomers is expanding its plant for High Viscosity polyalphaolefins (PAO) at La Porte, Texas, in stages up to mid-2025.
Azelis has announced that it has agreed to buy a majority stake in Ashapura Aromas, a leading Indian distributor of flavor & fragrance ingredients.
Novartis has confirmed reports by Swiss daily newspaper Tages-Anzeiger that it plans to slash 8,000 jobs worldwide.
Energy and petrochemical giants ExxonMobil and Shell have signed a Memorandum of Understanding with CNOOC and the Guangdong Provincial Development & Reform Commission in China to evaluate the potential for a world-scale carbon capture and storage (CCS) project.
Borealis is investing about €200 million to upgrade and expand capacity for cross-linked PE (XLPE) and semiconductive compounds in Europe in order to meet future demand in wire and cable applications.
Swiss drugmaker Novartis has made a five-year financial commitment of $250 million to fight neglected tropical diseases (NTDs) and malaria.
Solvay is completely phasing out the use of fluorosurfactants across its global production platforms up to 2026. In its latest step, the Belgian chemical giant said it will be able to produce nearly 100% of its fluoropolymers without fluorosurfactants at its Spinetta Marengo, Italy, site by that date.
Sanofi and GSK are touting their latecomer protein-based Covid-19 vaccine as a potential game changer in the fight against the Omicron variant.
Finland’s Kemira has launched a new division, called its Growth Accelerator unit, to drive the company’s long-term growth for selected strategic initiatives.
Sharon McGuinness has been appointed to a five-year term as the new executive director of the European Chemicals Agency (ECHA), the body that administrates the REACH chemicals legislation.
The Life Science business segment of German pharmaceuticals, chemicals and life sciences group Merck has widened its US plant for high-potent active pharmaceutical ingredients (HPAPIs) at Verona, near Madison, Wisconsin to 6,500 m2.
Dutch paints and coatings group AkzoNobel has invested an undisclosed sum in a new production line in China for water-based texture paints.
IMCD China, part of Netherlands-headquartered multinational chemicals distributor IMCD, has agreed to take over specialty distribution company Welex, boosting its footprint in China.
German chemical giant BASF has announced it will build a commercial scale battery recycling black mass plant in at its Schwarzheide, Germany, site, strengthening the location’s activities in production and recycling of cathode active materials (CAM).
After months of anticipation, the US Supreme Court has deflated Bayer’s hopes that the court’s conservative majority would vote to hear its appeal to overturn a $25 million appeals court verdict in favor of Edwin Hardeman.
Clariant is restructuring its business and leadership to position itself for long-term sustainable growth and implement a cultural transformation.
The emirate of Qatar has begun signing agreements with US and European energy majors for the country’s planned $30 billion expansion of its North Field, which is believed to harbor the world’s largest natural gas reserves. TotalEnergies is taking the top slot.
A collaboration between Neste, Covestro and SK Geo Centric aims to use renewable raw materials to produce MDI – a key feedstock for polyurethane production.
Azelis has agreed to acquire a majority stake in ROCSA Colombia, a specialty chemical distributor serving the life sciences and industrial chemical markets in South America.
Bayer has won its fourth consecutive appeal of a US court case previously decided in favor of a plaintiff who claimed that Monsanto’s glyphosate-based Roundup herbicide caused his non-Hodgkin lymphoma.
With an eye to expanding production capacity for silicon metal, Germany’s Wacker Chemie has launched a feasibility study to carry out a capacity upgrade at its site in Holla, Norway.
Pfizer is to invest $95 million and take an equity share of 8.1% in in Valneva in order to further support development of a vaccine for Lyme disease.
Ineos Acetyls has launched a feasibility study to explore building a world scale plant for acetic acid and derivatives on the US Gulf coast.
Shell and Dow have started up an experimental unit to electrically heat steam cracker furnaces in the Netherlands.
Consumer goods giant Unilever and biotech specialist Genomatica are to jointly invest $120 million in a new venture to commercialize plant-based alternatives to feedstocks such as palm oil and fossil fuels used in cleansers for home care, beauty and personal care products.
South Korean CDMO SK Pharmteco (SKTP) said it will spend $35 million on the initial phase of a planned expansion at the Dublin, Ireland, API site the conglomerate acquired from Bristol Myers Squibb in 2017. Prior to that, SK had been a BMS supplier for around a decade.
BASF Shanshan Battery Materials (BSBM), a 51:49 joint venture of the German chemical giant and China’s Hunan Shanshan Energy, is expanding its battery materials capacity in China’s Changsha, Hunan Province, and Shuizuishan, Ningxia Province, to meet the fast-growing local and global demands of the electric vehicle (EV) industry.
Swedish chemical producer Perstorp is making strides toward its sustainability goals following its mid-May announcement that it will be acquired by Malaysian petrochemicals giant Petronas Group (PCG) for €1.54 billion.
CF Fertilisers is restructuring its UK operations to position the business for long-term profitability and sustainability, enabling it to continue supplying fertilizer, carbon dioxide and other industrial products.
Despite the expectations of many, given the broad coverage in media of all types – and the case’s mention on the docket for Jun. 13 – the US Supreme Court has remained silent on whether or not it will hear Bayer’s petition on packaging labels for Monsanto’s glyphosate-based Roundup herbicide.
Research-oriented CDMO Curia, formerly known as AMRI, has agreed to cooperate with Replicate Bioscience, a company searching for ways to prevent drug resistance in cancer and to treat autoimmune and inflammatory disorders and other diseases using self-replicating RNA (srRNA).