Keyword: Dede Willams

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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...

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FTC Clears Purchase of M&G’s Texas PET Plant

08.01.2019 - Thai polyester giant Indorama Ventures (IVL) and its two partners in the joint acquisition vehicle CC Polymers have received all regulatory clearance from the US Federal Trade...

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Sanofi Invests €80 Million in BioNTech

08.01.2019 - French multinational pharmaceutical company Sanofi is investing €80 million in Germany’s BioNTech. At the same time, the two companies have agreed to extend their research...

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Lotte Breaks Ground on Indonesian Cracker

07.01.2019 - Lotte Chemical Titan, a subsidiary of the South Korean Lotte group based in Kuala Lumpur, Malaysia, has broken ground for its planned 1 million t/y steam cracker and derivatives...

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Covestro Breaks Ground for Thai PC Films Line

03.01.2019 - German engineering plastics producer Covestro has broken ground on a new production facility for polycarbonate film at Map Ta Phut Industrial Estate in Thailand. The company said...

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BASF Lifting MSA Output at Ludwigshafen

03.01.2019 - BASF is expanding capacity for methane sulfonic acid (MSA) at its Ludwigshafen headquarters site by around 65% and at the same time increasing global output capability to 50,000 t...

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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...

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Shale Firms Wants Fewer Fracking Limits

03.01.2019 - Both Cuadrilla and Ineos Shale have called on the government to raise the threshold for seismic tremors so that drilling can continue uninterrupted. Current British rules oblige...