Short-Term Reshoring
The second part of the 2021 CPhI Annual Report looks ahead to predict the pharma manufacturing, therapeutic and technology environment in 2030.
News
29.10.2021 • News
Wacker Takes Majority Stake in China Silane Firm
German chemical company Wacker has acquired a 60% stake in Chinese specialty silane producer SICO Performance Material for an undisclosed sum. The transaction is expected to close in the first half of 2022 once the necessary regulatory and antitrust approvals have been received.
29.10.2021 • News
COP26: Solar Impulse Foundation Ready to Present 1,000+ Solutions
Ahead of the start of negotiations at the UN Climate Change Conference in Glasgow, the Solar Impulse Foundation led by clean technology pioneer Bertrand Piccard offers political and economic decision-makers 1,000+ solutions that help them meet more ambitious climate targets without compromising economic growth.
29.10.2021 • News
Catalent Continues Expansion of Maryland Campus
Catalent has announced a $230 million expansion project that will add three more commercial-scale viral vector manufacturing suites and associated support facilities and services to its US gene therapy campus in Harmans, Maryland. The CDMO said the investment is designed to meet growing customer demand.
29.10.2021 • News
Roche Launches Genomic Profiling Kit for Cancer Analysis
Swiss drugmaker Roche has launched a genomic profiling kit that it has developed in conjunction with Foundation Medicine. The Basel-based company is supplying the kit across Europe, North America, South America and Asia.
28.10.2021 • News
ADM Acquires Stake in Acies Bio
US food and nutrition group ADM has taken an equity stake in Slovenian biotech Acies Bio. Financial terms and the size of the stake were not disclosed.
28.10.2021 • News
Novavax Files for Covid Vaccine Approval in UK
Novavax has completed the submission of real time data to the UK’s Medicines and Health Regulatory Authority for the authorization of its Covid-19 vaccine candidate. It would be the first protein-based shot to be approved by the British drugs regulator.
28.10.2021 • News
Covestro Leads R&D Project for Recycling PU Foam
German engineering plastics producer Covestro is heading up a four-year EU-funded innovation project with 22 partners from nine countries to help erase the industry’s recycling deficits and close the material cycle for rigid polyurethane foam used in refrigerators and building insulation.
27.10.2021 • News
KBR Wins Projects in India, South Korea
KBR is providing its proprietary technology to India’s ACME Group for a new green ammonia plant to be built in Oman. The facility, located in the Special Economic Zone at the Port of Duqm, will be integrated with solar and wind energy and have a capacity of 300 t/d.
27.10.2021 • News
Biotage Takes UK’s ATDBio
Sweden’s Biotage, a provider of systems and products for drug discovery and development, analytical testing and water and environmental testing, has acquired the UK’s ATDBio for about £45 million on a debt-free and cash-free basis.
26.10.2021 • News
EMA Begins Rolling Review of Molnupiravir
The European Medicines Agency (EMA) has begun a rolling review of US Merck & Co’s oral antiviral molnupiravir as a candidate to treat Covid-19. The EU drugs regulator said it would assess data as soon as it becomes available, before the company submits a formal application containing all the required safety and efficacy data.
26.10.2021 • News
Biesterfeld Takes Majority of GME Chemicals
Hamburg-based German distributor Biesterfeld has closed its acquisition of a majority stake in Singapore-based GME Chemicals. The distributor did not quantify the size of the stake but said it plans to purchase the remaining shares over a five-year period. The parties have agreed not to disclose details of the transaction, which will leave GME’s management team and employees in place.
26.10.2021 • News
Inovyn Makes Hydrogen Moves in Germany, UK
Ineos subsidiary Inovyn is planning to build a large-scale 100-megawatt electrolyzer at its site in Cologne, Germany, to produce green hydrogen. In addition, the firm will upgrade existing hydrogen supply in Runcorn, UK. Both moves form part of Ineos’s plans announced on Oct. 18 to spend more than €2 billion on green hydrogen projects.
25.10.2021 • News
DuluxGroup to Acquire Cromology
DuluxGroup, the Australian subsidiary of Japan’s Nippon Paint Holdings, is to acquire European decorative paint maker Cromology, creating a combined entity that will be the leading paints & coatings company in Asia-Pacific and the fourth largest worldwide.
25.10.2021 • News
Colorcon Takes Major Stake in India’s Ideal Cures
Colorcon, a US supplier of specialty ingredients, film coating systems and functional excipients for the pharmaceutical and nutritional industries, has bought a majority share in India’s Ideal Cures. Financial terms and the size of the stake were not revealed.
25.10.2021 • News
Avid Bioservices Expanding Cell and Gene Therapy
Avid Bioservices, a biologics-oriented CDMO based in the US state of California, is building a new plant in Costa Mesa, California, as part of a plan to expand its cell and gene therapy portfolio. The purpose-built facility, to be located five miles from its current base in Tustin, California, will be dedicated to viral vector development and CGMP manufacturing.
25.10.2021 • News
BioNTech Founders in German Research Hall of Fame
Özlem Türeci and Uğur Şahin, founders and managing board members of Mainz-based BioNTech, were inducted into the Hall of Fame of German Research (Hall of Fame der deutschen Forschung) on Oct. 21. The awards ceremony in Wiesbaden, Germany, was organized by German pharmaceuticals, chemicals and life sciences group Merck together with Manager Magazin.
22.10.2021 • News
Air Liquide Advances French Green Hydrogen Project
Air Liquide has raised its stake in H2V Normandy from 40% to 100%, renaming it Air Liquide Normand’Hy. The French industrial gases group, which bought its original stake only in January, said the strategic investment will support the development of a low-carbon hydrogen ecosystem in the Normandy industrial basin. Financial details of the transaction were not disclosed.
22.10.2021 • News
J&J Takes Spun-off Powder Unit into Chapter 11
As expected, Johnson & Johnson is taking its spun-off baby powder business into bankruptcy as a means of sidestepping a steadily moving avalanche of lawsuits claiming that its talc-based powder causes cancer, alternatively that it contains asbestos.
22.10.2021 • News
ECI Group Provides Technology for Shandong EVA Plant
ECI Group (Engineers and Constructors International) has signed an Engineering Expertise Agreement with Shandong Yulong Petrochemical, a subsidiary of China’s Nanshan Group, to help realize a dual-stream plant with capacity to produce 200,000 t/y of ethylene vinyl acetate (EVA) and other associated high-pressure copolymers.
21.10.2021 • News
Consortium Studies Oman Green Hydrogen/Ammonia Facility
An international consortium comprising the alternative energy business of Oman’s OQ, Japanese conglomerate Marubeni, industrial gases group Linde and engineering firm Dutco has signed a joint agreement to develop a green hydrogen and green ammonia project in the Salalah Free Zone.
21.10.2021 • News
Baerlocher Ups UK PVC Stabilizer Capacity
German plastics additives manufacturer Baerlocher is adding capacity for its calcium-based PVC stabilizers at Bury, UK. The company said it will expand output by more than 50% in 2022 by installing new mixing and granulation units.
20.10.2021 • News
LyondellBasell Units Get US Air Pollution Fines
In a sign that the administration of US president Joe Biden will be tougher on environmental offenses than that of former president Donald Trump, three companies belonging to petrochemicals producer LyondellBasell have received fines for improper operation, maintenance and monitoring of flares that the Environmental Protection Agency (EPA) said used too much steam.
20.10.2021 • News
ExxonMobil Plans Chemical Recycling Plant in Baytown
Following trials earlier this year of its proprietary technology for advanced recycling – also referred to as chemical recycling – ExxonMobil has now announced its intention to build a large-scale plant in Baytown, Texas, USA.
20.10.2021 • News
Milliken Completes Acquisition of Encapsys
US chemical producer Milliken has completed the acquisition of compatriot Encapsys from the Cypress Performance Group (CPG), a holding company formed by Sherman Capital Holdings in the merger of Encapsys with IPS Corporation.
19.10.2021 • News
Haldor Topsoe Accepts HTE as Methanol Catalyst Testing Facility
Haldor Topsoe, one of the largest suppliers of methanol (MeOH) catalysts and technology, has accepted HTE for testing its methanol (MeOH) catalysts in a p high throughput system under industrially relevant operating conditions.
19.10.2021 • News
Boosters Dominate Covid Vaccine Discussion
Diverse developments taking place simultaneously in Covid-19 vaccines and treatments, especially in the US, are making it difficult for the average market watcher – and anti-vaccine enthusiasts – to keep up. While the past ten days have seen some concrete progress on boosters, following weeks of discussion, uncertainty lingers on some topics.
19.10.2021 • News
Germany’s Merck Expands CDMO Footprint
Germany’s Merck has opened its second production facility for viral vectors at Carlsbad, California, a move the company said significantly expands its global CDMO footprint. The new €100 million plant will more than double the company’s existing capacity to support large-scale commercial and industrial manufacturing for viral gene therapy.
19.10.2021 • News
Perstorp Appoints Patrice Pinsard as EVP Strategic Markets & Innovation
Perstorp has appointed Patrice Pinsard as EVP Strategic Markets & Innovation, effective Oct. 18, 2021.
18.10.2021 • News
Ingevity Hikes UK Caprolactone Capacity
US specialty chemicals company Ingevity has announced plans to hike capacity for caprolactone monomer at its facility in Warrington, UK. The increase will be achieved through a series of optimization projects over the next 12 months that will expand Ingevity’s global monomer capacity by more than 20%.
18.10.2021 • News
Air Products in Louisiana Clean Energy Project
Industrial gases producer Air Products has announced its largest-ever investment in the US, a $4.5 billion clean energy complex in the state of Louisiana’s Ascension Parish. The company will build, own and operate the mammoth facility expected to go on stream in 2026, producing more than 750 million standard cubic feet (22.5 million cubic meters) per day of “blue” hydrogen and blue ammonia.
18.10.2021 • News
Charles River Sells Assets in Sweden and Japan
US-based Charles River Laboratories International on Oct. 12 completed the divestment of its gene therapy CDMO site in Sweden and its research models and services operations in Japan. The site in Matfors, Sweden, was sold to an unnamed private investor group for about $52 million cash, with potential contingent payments of up to an additional $25 million, subject to certain adjustments.
A Pivotal Move to Net-Zero
Leading global chemical companies and the World Economic Forum (WEF) have announced that they are entering an agreement to formalize the Low-Carbon Emitting Technologies (LCET) initiative into a stand-alone entity by the end of 2023, to share early-stage risks and co-invest in developing and upscaling low-carbon emitting technologies.
15.10.2021 • News
Bayer Invests in Contraceptives Production
Bayer’s pharmaceuticals division is spending more than €400 million to expand its production facilities for contraceptives in low and middle-income countries, in partnership with international organizations such as the United Nations Population Fund and the United States Agency for International Development.
15.10.2021 • News
Topsoe and Dow Partner on Chemical Recycling
Haldor Topsoe is partnering Dow to accelerate development of chemical recycling technology that converts hard-to-recycle waste plastics into pyrolysis oil feedstock. The Danish group will support the design and engineering of a 10,000 t/y market-development, or pilot, unit to be built at Dow’s site in Terneuzen, the Netherlands.
