Keyword: Elaine Burridge

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AstraZeneca Sells Synagis Rights to Sobi

14.11.2018 - Anglo-Swedish drugmaker AstraZeneca has sold US right for its Synagis infant respiratory drug to Swedish Orphan Biovitrum (Sobi) for an upfront sum of $1.5 billion. The payment...

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SABIC Consolidates Fertilizer Assets

13.11.2018 - SABIC is consolidating all its equity shares and assets in companies producing fertilizers into one new company called SABIC Agri-nutrient Investments. The Saudi giant currently...

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Evonik Agrees PeroxyChem Buy for $625 Million

12.11.2018 - Evonik has agreed to buy US hydrogen peroxide (H2O2) and peracetic acid (PAA) producer PeroxyChem from One Equity Partners for $625 million. The deal, set to close by mid-2019...

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Indorama Acquires M&G Fibras Brasil

12.11.2018 - Seven months after agreeing to buy M&G’s PET plant in Brazil, Indorama Ventures (IVL) is expanding in the country again through the acquisition of M&G Fibras Brasil. Based in Cabo...

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Praxair Expands in China, South Korea

09.11.2018 - Praxair, now part of the new Linde group, is to build, own and operate three new air separation units for Shanghai Huayi’s new complex in Qinzhou, China, which will produce...

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AstraZeneca Sells Drug Rights to Grünenthal

08.11.2018 - AstraZeneca is selling certain rights to Nexium and Vimovo to German drugmaker Grünenthal, having decided the drugs falls outside its main therapy areas of oncology, cardiovascular...

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Abu Dhabi Approves ADNOC’s Expansion

08.11.2018 - Abu Dhabi’s Supreme Petroleum Council (SPC) has approved Abu Dhabi National Oil Company’s (ADNOC) oil and gas expansion plans, which are the foundation for its major petrochemicals...

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Orion Takes LyondellBasell’s Carbon Black Unit

07.11.2018 - Orion Engineered Carbons, formerly Evonik’s carbon black business, has bought French acetylene black manufacturer Société du Noir d’Acétylène de l’Aubette (SN2A) from...