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M&A Process Said to Drive Drug Costs

08.08.2016 - The wave of mega mergers in the global pharmaceutical industry is driving prices for new “wonder drugs” financed with public funding, a study by the UK’s Cambridge University...

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Linde Said to Win Iran Petchems Project

04.08.2016 - Munich, Germany based industrial gases and engineering group Linde has reportedly won a contract to perform front-end engineering design (Feed) for an olefin, butadiene...

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Moscow Airport Workers Plead Guilty in Total CEO's Death

04.08.2016 - Two workers at Moscow’s Vnukovo airport have told a Russian court they bear responsibility for the death of former Total chairman and CEO Christophe de Margerie in an October 2014...

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Huntsman Sells European Surfactants to Innospec

04.08.2016 - Huntsman has agreed to sell its European surfactants business to US specialty chemicals company Innospec as it continues to restructure its portfolio. The proceeds of $225 million...

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Alpek in Talks to Buy Petrobras’ PTA/PET Units

04.08.2016 - Mexican chemical company Alpek is in exclusive talks with Brazil’s Petrobras to buy the Brazilian group’s stakes in Companhia Petroquímica de Pernambuco (Petroquímica Suape) and...

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Thomas Swan and NGI in Graphene Partnership

03.08.2016 - UK performance and specialty chemicals company Thomas Swan has partnered with the National Graphene Institute (NGI) at the University of Manchester, UK, to accelerate research and...

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Ineos Acquires North America’s Calabrian

03.08.2016 - Ineos Enterprises, a portfolio unit of the Swiss-based chemical group, has purchased Calabrian Holdings from private equity firm SK Capital at the end of July for an undisclosed...

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Pfizer Seen Rethinking Break-up

03.08.2016 - Management of US drug giant Pfizer is having second thoughts about splitting into two separate companies, reports from its second-quarter financial results conference with analysts...