13.09.2017
- After a protracted search, Israeli generics giant Teva has appointed a new president and chief executive officer. Kåre Schultz will take over from interim CEO Yitzhak Peterburg at...
13.09.2017
- As part of its cash-raising package for the $66 billion Monsanto takeover, Germany’s Bayer has further reduced its stake in engineering plastics producer Covestro, its former...
13.09.2017
- Following a four-month portfolio review prompted by activist shareholders, new US chemical heavyweight DowDuPont has responded to some of the pressure. The company said it now...
12.09.2017
- US pharmaceutical giant Eli Lilly has announced it will slash 3,500 positions – about 8% of its global 42,000-strong workforce up to the end of 2017. The cuts, part of a scheme to...
12.09.2017
- Leveraging its expanded position in ethylene, Ineos Oxide has announced it will build a new plant for vinyl acetate monomer (VAM) at one of its European production sites. The...
11.09.2017
- The turmoil at AkzoNobel shows no signs of subsiding. The worst seemed over as the Dutch coatings producer temporarily ended a feud with activist investor Elliott Advisors in...
11.09.2017
- Seven rescue workers in Texas are suing Arkema for $1 million, alleging the French chemical producer was unprepared for the flooding that engulfed its organic peroxides plant at...
11.09.2017
- Bayer and Monsanto may have to extend the closing of their $66 billion merger beyond the end of this year, as regulatory approvals are taking longer than expected. The companies...
08.09.2017
- When the UK joined the European Economic Community (EEC) on 1 January 1973, nobody could imagine that quite exactly 40 years later, in January 2013, then Prime Minister David...
08.09.2017
- Following all regulatory approvals, French drugmaker Sanofi has completed the acquisition of Protein Sciences, a US vaccines biotech based in Meriden, Connecticut. The deal...