News

European Uproar Over Glyphosate Continues

23.01.2019 - The controversial herbicide chemical glyphosate has been back in the news again lately, not least because of continuing speculation over what impact the more than 9,000 legacy...

News

BASF Wins EU Approval for Solvay PA Buy

21.01.2019 - Following an in-depth investigation into BASF’s proposed purchase of Solvay’s polyamide business, the European Commission has allowed the €1.6 billion transaction to go ahead. In...

News

FDA Struggles with US Government Shutdown

18.01.2019 - The US Food and Drug Administration (FDA) is recalling furloughed employees to carry out inspections as the longest-ever US government shutdown moves toward its fifth week...

News

European Chemical Industry Warns of Hard Brexit

17.01.2019 - Following the UK Parliament’s rejection of prime minister Theresa May’s plan for an orderly Brexit, European business still lacks clarity about the state of play after Mar. 29...

News

Ineos Selects Antwerp for Cracker/PDH Plant

16.01.2019 - Ineos has chosen Antwerp as the site for its proposed gas cracker and propane dehydrogenation (PDH) plant. The company announced last July that it would build a 1.25 million t/y...

News

Eli Lilly to Buy Loxo for $8 Billion

09.01.2019 - In the latest move by “big pharma” to buy into cancer-focused biotechs, US drugmaker Eli Lilly is acquiring Loxo Oncology for about $8 billion in cash. The plans were announced on...

News

Bristol-Myers Squibb Takes Celgene for $74 Billion

07.01.2019 - In the first major pharma deal of the year, Bristol-Myers Squibb (BMS) is to acquire biotech giant Celgene for $74 billion. The cash-and-stock transaction values the US biotech at...

News

BASF to Quit Synvina JV

03.01.2019 - Following disagreement about the future of their Synvina joint venture, BASF has notified partner Avantium that it will exit as of Jan. 15, 2019. The companies are still discussing...

News

Lanxess Hands Rubber JV to Aramco

03.01.2019 - At the end of 2018, German chemical producer Lanxess exited its legacy synthetic rubber business, completing the sale of its 50% share in the joint venture Arlanxeo to partner...

News

GSK and Pfizer Form Consumer Health JV

20.12.2018 - GlaxoSmithKline (GSK) and Pfizer have agreed to combine their consumer health businesses into a new world-leading joint venture with combined sales of around £9.8 billion ($12.7...