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ExxonMobil Restructures, Relocates to Houston

07.02.2022 -

ExxonMobil is restructuring its organization into three business lines and relocating its corporate headquarters from Irving, Texas to Houston by mid-2023 in a move the...

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EuroChem Negotiating with Borealis for Nitrogen Assets

07.02.2022 -

EuroChem, a Russian-owned fertilizer producer headquartered in Zug, Switzerland, has entered into exclusive negotiations to buy Borealis’s nitrogen business, making a...

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Samsung Biologics to Take Control of Bioepis JV

04.02.2022 -

Samsung Biologics has agreed to buy out partner Biogen’s share of their Samsung Bioepis joint venture for up to $2.3 billion. The South Korean group said the deal will...

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Hexion Holdings Completes Epoxy Sale to Westlake

04.02.2022 -

Hexion Holdings has completed the sale of its epoxy-based coatings and composites portfolio to Westlake Chemical for $1.2 billion. The deal comprises the epoxy specialty...

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UK Gives the Final OK for Novavax Covid Shot

04.02.2022 -

February kicked off with a major publicity coup for US vaccine maker Novavax, based in the state of Maryland. Its Covid-19 vaccine was granted conditional marketing...

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Sibur Selects Technip Energies as 1-Hexene Licensor

03.02.2022 -

Russian petrochemicals giant Sibur has chosen French engineering company Technip Energies as the licensor of its 1-hexene technology, known as Hexsib. The technology was...

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H.B. Fuller Boosts Adhesives with Apollo Buy

03.02.2022 -

US adhesives maker H.B. Fuller has purchased Apollo, the UK’s largest independent manufacturer of liquid adhesives, coatings and primers for the commercial roofing...

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Wacker’s Siltronic Deal with GlobalWafers Off

03.02.2022 -

With Germany’s foreign trade clearance still missing on the deal’s agreed Jan. 31 closing date, Munich-based Wacker Chemie declared its plans to sell its remaining 30.8%...