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Russian-Chinese Project Takes Shape on the Baltic

26.11.2019 - Plans for a mammoth Russian-Chinese ethane cracker and polyethylene complex are taking shape in the Russian Baltic seaport of Ust-Luga, near the Gulf of Finland and the starting...

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Ineos Pushes More European Recycling Projects

26.11.2019 - Ineos is pressing full speed ahead on plans for jumping on board the European circular economy train, which is gathering more and more steam. Over the past two weeks, the Swiss...

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BASF Kicks off Latest Chinese Project

25.11.2019 - BASF has broken ground for the first production facilities of its latest mega investment in Zhanjiang, Guangdong Province, China, expected to be worth as much as $10 billion...

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FTC Approves $74 Billion BMS-Celgene Deal

20.11.2019 - The US Federal Trade Commission has approved Bristol-Myers Squibb’s $74 billion takeover of biotech Celgene by a vote of 3 to 2. The biggest merger in the history of the global...

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Aramco Valuation Misses Prince’s Target

18.11.2019 - As it prepares for an initial public offering, Saudi Arabia has assigned a preliminary valuation of state-owned oil group Aramco, spanning a range of $1.6 -$1.71 trillion. This is...

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EP Extends Objection Window for TiO2 Classification

15.11.2019 - The European Parliament’s Environment committee (ENVI) has reportedly extended by two months the window for objections to the classification of titanium dioxide in inhalable powder...

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Lonza CEO Marc Funk Quits Unexpectedly

13.11.2019 - Marc Funk resigned as CEO of Lonza on Nov. 12, citing personal reasons, after only eight months at the helm of the Swiss CDMO. The news took most observers and investors by...

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Aramco List Prospectus Outlines Investment Risks

12.11.2019 - Saudi Aramco published the long expected prospectus for its planned listing on in Riyadh’s Tadawul stock exchange on Nov. 9. While 650 pages long, commentators said the document...

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Have EU’s new TiO2 Classification Plans Hit a Snag?

11.11.2019 - Plans by the European Commission to classify titanium dioxide (TiO2) in inhalable powder form as a category 2 suspected human carcinogen, adopted in mid-September, may have hit a...

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Stada Takes Part of Takeda’s CIS Portfolio

07.11.2019 - In the largest acquisition in the company’s history, German generics producer Stada is paying $660 million to take some of the over-the-counter and prescription drugs portfolio of...