Keyword: Elaine Burridge

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Tecnimont Wins Borouge 4 FEED Contract

04.03.2019 - Italian contractor Tecnimont has won another contract for Borouge in Abu Dhabi, United Arab Emirates. This time, Tecnimont will provide front end engineering and design (FEED)...

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Azelis Buys Indian Distributor

04.03.2019 - Azelis has strengthened its presence in the Indian food & health market with the purchase of MK Ingredients & Specialties and its subsidiary SSD Industries. Financial terms were...

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BMS Shareholders Fight Celgene Takeover

01.03.2019 - Activist investor Starboard Value, which very recently bought a 1 million share in Bristol-Myers Squibb (BMS) and nominated five directors to the board, has now made public its...

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DSM and Roquette Dissolve Reverdia JV

28.02.2019 - DSM and partner Roquette will dissolve their biosuccinic acid joint venture Reverdia with effect from Apr.1, 2019. All rights and obligations related to Reverdia’s Biosuccinium...

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Roche Pays $4.3 Billion for Spark Therapeutics

28.02.2019 - Swiss drugs giant Roche has agreed to pay $4.3 billion for Spark Therapeutics, marking the latest purchase of a biotech company by big pharma. The deal gives Roche the first US...

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W.R. Grace Expands German Silica Plant

27.02.2019 - US chemical company W.R. Grace has started building a new colloidal silica plant at its flagship European site in Worms, Germany. The project is expected to be completed in the...

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Aceto to Sell Chemicals Assets to New Mountain Capital

26.02.2019 - US-based Aceto Corp. is selling its chemicals assets to investment firm New Mountain Capital for $338 million under a “stalking-horse” agreement. Aceto and its US subsidiaries...

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New EU Generics Rules to Boost Competitiveness

26.02.2019 - The EU is adopting new rules that should make it easier for producers of generic drugs and biosimilars in member states to compete on the global market. On Feb. 20, the states...