News

Ineos Stresses Safety amid Pandemic

16.03.2020 - Olefins and polyolefins giant Ineos said late last week it would take immediate action, beginning Mar. 16, to limit the spread of the coronavirus Covid-19 among its staff and...

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Bayer Said Ready for Roundup Settlement

16.03.2020 - Bayer is ready to agree draft settlement terms with six major law firms representing tens of thousands of plaintiffs alleging that Monsanto’s Roundup herbicides causes cancer, US...

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Subdued Outlook for German Chemicals in 2020

13.03.2020 - Despite a better than expected fourth quarter 2019, the German chemical industry association Verband der Chemischen Industrie (VCI) has revised its outlook for 2020 slightly...

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Virus Interrupts FDA Foreign Drug Inspections

12.03.2020 - Due to the increasing threat posed by the coronavirus COVID-19, the US Food and Drug Administration (FDA) has decided – after “careful consideration” – to postpone inspections of...

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Thermo Fisher Scientific to Acquire Qiagen

10.03.2020 - US laboratory equipment manufacturer Thermo Fisher Scientific is acquiring Netherlands-based Qiagen, a global provider of molecular diagnostics and sample preparation technologies...

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China Shortfall Hits Indian Generics Exports

06.03.2020 - India, the world's largest supplier of generic medicines, has restricted exports of 26 active ingredients and the drugs made from them due to the corona virus outbreak. The news...

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SABIC Raises Clariant Shareholding

05.03.2020 - In a filing with Saudi Arabia’s Taduwul stock exchange, petrochemicals giant SABIC said it has increased its shareholding in Swiss specialty chemicals producer Clariant from 24.99%...

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Bayer Agrees to M&A Special Audit

03.03.2020 - Ahead of its upcoming annual general meeting (agm) on Apr. 28, Bayer has agreed to an independent special audit of its internal rules for conducting due diligence in preparation...

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BP Quits US Trade Associations

02.03.2020 - BP had decided to quit three trade associations in the US, stating they are no longer aligned with its ambition to become a net zero carbon emissions company by 2050. The...

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Winkeljohann to Succeed Wenning as Bayer Board Chair

27.02.2020 - Bayer has appointed Norbert Winkeljohann to replace the retiring Werner Wenning as chairman of the German company’s supervisory board with effect from the end of the annual general...