News

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PPG Expands in Mexico and USA

PPG has announced separate projects in Mexico and the US to expand capacity for powder coatings and adhesives and sealants respectively.

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Borealis Retendering Belgian PDH Plant Contracts

Borealis has announced it will retender the majority of contracts for its PDH plant under construction at Kallo, Belgium, after slashing all ties with Italian-French joint venture IREM, a contractor based at Siracusa in Italy.

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Bavarian Nordic Struggles to Supply Monkeypox Shot

To meet surging global demand for its Jynneos-branded monkeypox vaccine, Danish biotech Bavarian Nordic (BN) is pulling out all stops. Strategies include outsourcing production of other vaccines to CDMOs and exploring the reuse of millions of doses that have technically expired but are still viable.

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ACG to Launch German Process Laboratory

After establishing its first-to-market laboratory for process development in India, ACG, an integrated solutions provider for pharmaceutical companies, now plans to launch a sister process lab in Germany in 2023.

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WuXi STA Breaks Ground on US Pharma Campus

Chinese contract research, development and manufacturing organization WuXi STA, a subsidiary of WuXi AppTec, has broken ground on a new pharmaceutical campus in Middletown, Delaware, USA.

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Brenntag Buys UK Surfactants Business

Brenntag has acquired Prime Surfactants in the UK for an undisclosed sum. Headquartered in Leeds, the company is a leading distributor of surfactant specialties for the personal care and household, industrial & institutional (HI&I) industries, among other segments, in the UK.

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US Chemical Producers Sue EPA over new PFAS Limits

American Chemistry Council (ACC), the industry association representing US chemical producers, is suing the US Environmental Protection Agency (EPA) over its Lifetime Health Advisories (LHAs) for per-fluoroalkyl and poly-fluoroalkyl chemicals (PFAS).

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CureVac and GSK launch Phase 1 for Covid Booster

CureVac and GSK have announced they are launching a Phase 1 clinical trial with their modified mRNA-based Covid 19 vaccine CV051, which would be recommended as a booster to protect against the omicron variant.

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Bayer Rolls out US Digital Farming Platform

Under the name ForGround, Bayer is rolling out a US digital farming platform designed to help US growers use environmentally friendly practices and connect them with companies seeking more sustainable food, feed and biofuel ingredients.

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Gas Constraints Pressure Chemical Industry

Just as the outlook for gas supply to Germany appeared somewhat brighter, at the end of last week Russian gas giant Gazprom announced it would shut down the pipeline NordStream 1 from Aug. 31 to Sept. 2 to carry out repairs.

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Wood Wins Uzbekistan MTO Work

British engineering and consulting group Wood has won two contracts from Uzbek contractor Enter Engineering for projects in the Central Asian country. The contracts together are worth more than $200 million.

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Germany’s Merck to Acquire Mecaro’s Chemicals Arm

German chemicals, pharmaceuticals and life science group Merck has signed a definitive agreement to acquire the chemical business of Mecaro, a manufacturer of heater blocks for heating wafers in the semiconductor process or glasses in the LCD (liquid crystal display) process, along with chemical precursors for semiconductors.

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Avient Divests Distribution to H.I.G. Capital

Avient, a US-based multinational specialized polymer materials manufacturer, has agreed to sell its distribution business to an affiliate of private equity group H.I.G. Capital for $950 million in cash.

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Kao Expands Synthetic Fragrance in Spain

Japan’s Kao Corp. is planning to double capacity of synthetic fragrance methyl dihydrojasmonate (MDJ) at its plant in Spain as it aims to expand market share in Europe for the jasmine-scented product.

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Solenis Expands Water Treatment Portfolio with Clearon Buy

US specialty chemicals company Solenis has entered into an agreement to buy Clearon, a compatriot manufacturer of sanitizers and disinfectants for water treatment and household, industrial and institutional applications. Financial terms of the deal were not disclosed.

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Lilly Fined for Medicaid Violation

A US federal court has ordered Eli Lilly to pay over $61 million in damages after whistleblower Ronald Streck filed a lawsuit alleging that the drugmaker had underpaid rebates required under the Medicaid program.

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Covestro Selling Additive Manufacturing to Stratasys

German engineering plastics producer Covestro has signed a definitive agreement to sell its Additive Manufacturing Business to US 3D printing specialist Stratasys for about €43 million. Closing of the deal is expected for the first quarter of 2023.

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Sartorius to Acquire Albumedix for £415 Million

Göttingen, Germany-based life science group Sartorius, through its French-listed subgroup Sartorius Stedim Biotech, plans to acquire all shares of Nottingham, England’s Albumedix, a specialist in recombinant albumin-based solutions, for about £415 million.

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Worley Wins Texas PTA/PET Project

American Australian engineering group Worley has won two contracts from Corpus Christi Polymers (CCP) to build an integrated PTA/PET plant in Corpus Christi, Texas, USA.

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Borealis Confirms Squeeze-Out Offer for Rosier

Borealis has confirmed its intention to launch a squeeze-out offer for Belgian fertilizer producer Rosier. It already held 77.5% of Rosier and raised its shareholding to 98.09% through a capital increase late last month.

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Catalent to Buy Metrics Contract Services

CDMO heavyweight Catalent is acquiring compatriot Metrics Contract Services, a full-service specialty CDMO with a facility in Greenville, North Carolina, for $475 million. Mayne Pharma Group is the seller.

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BASF Pushes Renewable Energy in US

As one of the BASF group’s latest steps to increase sustainability and move closer to net zero emissions, US subsidiary BASF Corporation is embracing one of the newest instruments popular with US industry, virtual power purchase agreements (VPPAs).

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Wood Wins Ineos Petchem Contract

British multinational engineering and consulting group Wood has won a contract worth more than $100 million to provide engineering and construction management services to Ineos’ proposed cracker complex in Antwerp, Belgium.

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Thermo Fisher Completes Expansion at Grand Island

Thermo Fisher Scientific has completed the planned expansion of its US dry powder media manufacturing capacity in Grand Island, New York, which it said is designed to meet increasing global demand for cell culture media used in the manufacturing of new vaccines and biologics.

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