10.05.2017
- Akzo Nobel continues to fight to retain its corporate independence, rejecting a third bid from US coatings rival PPG at the beginning of the week just as an activist shareholder...
09.05.2017
- Failure to follow proper safety standards and worn-out equipment were behind the February 2015 explosion at ExxonMobil’s Torrance refinery in the state of California, the US...
09.05.2017
- Hindustan Petroleum Corp. (HPCL) and Indian steel magnate Lakshmi Mittal will invest about $3 billion to set up a petrochemical complex in Punjab, India, according to the Times of...
09.05.2017
- For as much as five months, US drugmaker Pfizer will provide its breast cancer drug palbociclib for free to the England arm of the UK’s National Health Service (NHS). The decision...
09.05.2017
- US healthcare giant Johnson & Johnson (J&J) has said it will appeal the verdict of a jury in St. Louis, Missouri, ordering the company to pay more than $110 million in damages to a...
08.05.2017
- South Africa’s competition commission has conditionally approved Bayer’s plan to acquire Monsanto, thus becoming the first antitrust authority to do so. It will require divestments...
08.05.2017
- Major drug makers Allergan and Novartis are collaborating to test a new combination therapy for non-alcoholic steatohepatitis (NASH), a progressive form of fatty liver disease said...
08.05.2017
- Saudi chemicals giant SABIC has invested an undisclosed sum in Dutch composites specialist Airborne International as part of a growth financing round by existing shareholders. The...
05.05.2017
- A Stockholm, Sweden, arbitration court has postponed a hearing in a tax dispute between the Russian finance ministry and US oil and petrochemials ExxonMobil while the disputing...
05.05.2017
- Sadara, the joint venture of Dow Chemical and Saudi Aramco, has started up a new 50,000 t/y high-pressure LDPE plant at its complex in Jubail, Saudi Arabia. Like the three PE...