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Recro Pharma Pays $50 Million for Irisys

30.08.2021 -

US CDMO Recro Pharma has paid roughly $50 million in a cash-and-stock deal to buy Irisys, a compatriot CDMO with operations on both the East and West Coasts. Recro said...

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Braskem Plays Down Mooted Sale Plans

30.08.2021 -

Brazilian petrochemical producer Braskem has sought to play down reports that its shareholders are close to selling it. The Bloomberg news agency said last week that the...

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Egypt Plans $1.6 Billion Methanol/Ammonia Project

27.08.2021 -

Helwan Fertilizers, Abu Qir Fertilizers and Al Ahly Capital Holding have agreed to set up a new company for producing methanol, ammonia and petrochemicals.

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Evonik Venture Capital with new China Investment

27.08.2021 -

Extending its engagement with innovative Chinese start-ups, Evonik Venture Capital is placing fresh bets on two funds. The subsidiary of the German chemical producer said...

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Moderna Files with FDA for Full Covid Shot Approval

27.08.2021 -

US biotech Moderna announced on Aug. 26 that it had completed its filing with the US Food and Drug Administration (FDA) for full marketing approval of its mRNA-based...

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SK Capital Buys Deltech Businesses

26.08.2021 -

Private equity company SK Capital Partners has purchased a majority stake in the monomers, polymers and European businesses of Deltech Holdings. Financial terms and the...

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Lukoil Starts Work on Perm Propylene Plant

26.08.2021 -

Russian oil and petrochemicals group Lukoil has started building a catalytic cracking complex at its Perm refinery. The complex includes a catalytic cracking unit...

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Lanxess Nails Down IFF’s Microbial Control Unit

26.08.2021 -

Lanxess has emerged as the buyer of the former DowDuPont microbial control business that International Flavors & Fragrances (IFF) put up for sale after its merger with...