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Hexion Holdings to Split into two Companies

01.10.2021 -

Hexion Holdings is separating its assets into two independent companies. The one continuing to use the Hexion name will be composed of the holding’s adhesives and...

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Saudi Groups SIIG and Petrochem Propose Merger

30.09.2021 -

Saudi Industrial Investment Group (SIIG) and the National Petrochemical Company (Petrochem) have signed a non-binding Memorandum of Understanding (MoU) to assess the...

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Novartis Boosts Ophthalmology with Arctos Medical Buy

30.09.2021 -

Swiss drugmaker Novartis has acquired Arctos Medical, a compatriot start-up developing optogenetic therapies. Financial terms of the deal were not disclosed.

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Korea’s DL Chemicals Agrees to Buy Kraton

30.09.2021 -

Specialty polymers and bio-based products manufacturer Kraton has agreed to be acquired by Korean petrochemicals and engineering group DL Chemical, part of DL Holdings...

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Sibur and TAIF Finalize Petchems Merger

29.09.2021 -

Sibur and TAIF have finalized the terms of their petrochemical merger. The move follows an announcement on Apr. 23 that the firms had initiated steps to create a combined...

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Arkema to Sell Epoxides Business to Cargill

29.09.2021 -

Arkema has announced it is selling its epoxides business for $38.8 million to US agriculture giant Cargill. The agreed price for the activities with sales of around $40...

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Sanofi Drops mRNA Covid Vaccine Despite Good Results

29.09.2021 -

A year ago unthinkable, the market for mRNA-based Covid-19 vaccines appears to be headed for saturation, even though, or perhaps because, there now seem to be more...

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Danimer and CPChem Partner on PHA

28.09.2021 -

Bioplastics producer Danimer Scientific is collaborating with Chevron Phillips Chemical (CPChem) to explore a loop slurry reactor design for making a type of...