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18.05.2020 • News

Odfjell Sells Share in China Terminal

Odfjell Terminals (China), or OTC, part of Norwegian shipping and storage group Odfjell, has sold its 50% stake in its Dalian terminal in China to Dutch group VTTI Terminals for $59 million cash. The other 50% stake remains with the Port of Dalian. The move is part of Odfjell’s restructuring program.

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16.05.2020 • News

Former GSK Vaccines Chief to Lead US Covid Sprint

Former head of GlaxoSmithKline's (GSK) vaccines division, Moncef Slaoui, has been named to lead the so-called "warp speed" effort to develop a coronavirus vaccine announced by US President Donald Trump at the beginning of May.

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14.05.2020 • News

SABIC in Saudi Battery Joint Venture

SABIC’s Nusaned Investment unit has set up a joint venture with SCHMID Group to develop and manufacture vanadium redox flow batteries at Dammam 3rd Industrial City.

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13.05.2020 • News

Pfizer to Make Space for Vaccine Production

To save manufacturing space for its growing vaccines plans, Pfizer has said it will outsource production of some of its pharmaceutical portfolio. The work is planned to be shared out with a network of 200 contractors in the US and Europe.

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