Keyword: Elaine Burridge

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Indorama Buys Majority Stake in Avgol Industries

22.05.2018 - Indorama Ventures has agreed to take a controlling 65.72% stake in Avgol Industries, an Israeli manufacturer of nonwovens. The transaction is expected to complete during the second...

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EuroChem Exits Ukraine Fertilizer Market

18.05.2018 - Declining business conditions in Ukraine have prompted Swiss fertilizer group EuroChem to sell its subsidiary there, after more than 15 years of operations. EuroChem said the...

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Adnoc Steams Ahead With Ruwais Expansion

18.05.2018 - Adnoc Steams Ahead With Ruwais Expansion Abu Dhabi National Oil Company (ADNOC) has announced it will spend $45 billion to expand its Ruwais petrochemical complex, adding more than...

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Eli Lilly to Buy AurKa Pharma and ARMO

17.05.2018 - US drugmaker Eli Lilly has agreed to buy Canada’s AurKa Pharma from TVM Capital Life Science, bringing back in-house experimental cancer drug AK-01. The drug, an Aurora kinase A...

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Kaneka Buys Spanish Biotech

16.05.2018 - Japanese chemical company Kaneka has acquired a 34.8% stake in Spanish biotech firm AB-Biotics (ABB), at the same time concluding a license agreement giving it exclusive rights to...

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Azelis Buys South Korea’s SammiChem

16.05.2018 - Luxembourg-based specialty chemicals distributor Azelis is establishing a presence in South Korea following an agreement to buy SammiChem. Financial terms of the deal, which is...

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DuPont Hikes US Film Capacity

15.05.2018 - DuPont Electronics & Imaging has announced plans to expand production for its Kapton polyimide film by up to 20% by the end of the first quarter of 2019. The increase will take...

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Total and Sonatrach Plan PDH-PP Project

14.05.2018 - French oil, gas and chemicals group Total and Algerian energy company Sonatrach have signed an agreement to start engineering studies for a propane dehydrogenation (PDH) and PP...