News

Inovyn Participates in Sustainable Methanol Project

GSK will Test Antibody to Treat Covid Patients

Pfizer to Make Space for Vaccine Production

Axens Wins China Aromatics Project

French technology provider Axens has won a contract from China’s CNOOC Huizhou Petrochemical Co. Ltd. (CHPCL) for an aromatics expansion project in Daya Bay.

New Site Agreement for BASF at Ludwigshafen

BASF has signed a new agreement for its headquarters site at Ludwigshafen, Germany, covering wages and working conditions for the 34,000 employees who work there.

Ineos Adds US Sanitizer Plants, Plans Hygiene Business

Ineos will build two hand sanitizer plants in the US, adding to the facilities it has already constructed in the UK, Germany and France.

Industry and EU Parliament Back Green Recovery

But while MEPS push the Green Deal, the German chemical industry association VCI stresses that economic and social factors should be given equal emphasis.

Menarini to Buy Stemline Therapeutics for $677 Million

LyondellBasell Wins Vietnam PP Project

Bachem and Jitsubo in Licensing Agreement

Swiss CDMO Bachem has signed an exclusive licensing agreement to use the liquid phase peptide manufacturing technology Molecular Hiving developed by Japan’s Jitsubo.

Lucite and Agilyx Partner on PMMA

Resinex to Distribute Ascend’s PA 6.6 in Europe

At least Nine Dead in Indian Styrenics Plant Leak

Sartorius Closes Danaher Acquisition

Axens Wins China Aromatics Project

New Site Agreement for BASF at Ludwigshafen

Ineos Adds US Sanitizer Plants, Plans Hygiene Business

Industry and EU Parliament Back Green Recovery

Huntsman in Vietnam Textiles Collaboration

Huntsman Textile Effects, a producer of dyes, chemicals and digital inks for the textile and related industries, has announced a strategic partnership with Phong Phu International (PPJ), a Vietnamese garment manufacturer and exporter.

IMCD Opens Dubai Office

IMCD, the Netherlands-based specialty chemicals and food ingredients distributor, has opened an office in Dubai, strengthening its presence in the Middle East.

J&J Signs two new Covid-Vaccine Pacts

As part of a plan to establish a network of manufacturing partners to help boost capacity ahead of a potential FDA approval of a Covid-19 vaccine, US healthcare giant Johnson & Johnson (J&J) recently signed agreements with two US companies.

Hovione Appoints Jean-Luc Herbeaux as Chief Operating Officer

Jean-Luc Herbeaux has been appointed as Chief Operating Officer (COO) of Hovione, effective May 1, 2020.

CEFIC Appoints Frans Stokman as Executive Director of Petrochemicals Europe

The European Chemical Industry Council (CEFIC) has appointed Frans Stokman as new Executive Director of its industry sector Petrochemicals Europe, effective immediately.

Linde and Hyosung in Hydrogen JV

Linde has signed an agreement with South Korean conglomerate Hyosung to build what they said will be the world’s single largest liquid hydrogen manufacturing plant, at Hyosung’s Ulsan site. 

Lonza Teams up with Moderna on Covid-19 Vaccine

Swiss fine chemicals producer and CDMO Lonza has signed a 10-year worldwide strategic collaboration agreement with Cambridge, Massachusetts-based US biotech Moderna to enable larger scale manufacture of Moderna’s RNA-1273 based Covid-19 vaccine candidate as well as other of products in future.

Lanxess Completes Sale of its Currenta Stake

German specialty chemicals producer Lanxess completed the sale of its 40% stake in chemical park operator Currenta to Australia’s Macquarie Infrastructure and Real Assets (MIRA) at the end of April. The sale agreement was concluded in August 2019.

Mitsubishi Chemical to Acquire US Chemicals and Materials Manufacturer Gelest

Tokyo, Japan-based Mitsubishi Chemical Corporation (MCC), through its US subsidiary acquires US chemicals and materials group Gelest from New Mountain Capital.

Syngenta and Novozymes Win Taegro Approvals

After more than seven years of collaboration, Syngenta and Novozymes are now entering the commercialization phase of their microbial-based foliar fungicide Taegro.

Seqens Invests in Second IPA Plant

Seqens, a French provider of pharmaceutical synthesis and specialty ingredients, is planning to invest an undisclosed sum in a second isopropanol (IPA) production plant at Roussillon.

BASF Retracts 2020 Earnings Estimate

BASF has retracted its earnings estimate for 2020 communicated at the end of February, citing a clouded outlook amid the coronavirus pandemic. “In any case, the Feb. 28 forecast will not be met,” it said.

Evotec Links with Leon-Nanodrugs

Evotec has formed a strategic partnership with Leon-Nanodrugs, a German-based provider of nanotechnology for the pharmaceutical industry. 

Bayer Biding its Time on Roundup Settlements

Bayer has set aside €480 million to defend lawsuits brought by people who claim that Monsanto’s glyphosate-based herbicide Roundup caused their non-Hodgkins lymphoma, CEO Werner Baumann said at the company’s annual general meeting on Apr. 28.

Sanofi says US may Get Covid Vaccine first

Sanofi has urged the EU to create an equivalent of the US government’s Biomedical Advanced Research and Development Authority (BARDA) to coordinate research into a Covid-19 vaccine, or face being left behind.

Trinseo Restructures Leadership

US-based plastics, latex binders and synthetic rubber producer Trinseo is once again changing its leadership team as it implements a flatter organization to streamline decision making.

Sekisui Chemical and INCJ Form Ethanol JV

Plastics manufacturer Sekisui Chemical and the Innovation Network Corporation of Japan (INCJ) have formed a joint venture to verify and commercialize combustible waste-to-ethanol technology.