en Catalent Pays $950 Million for Cook Pharmica US drugmaker Catalent has agreed to buy contract development and manufacturing organization (CDMO) Cook Pharmica for $950 million in cash, boosting its position in the fast-growing biologics area. Fri, 22 Sep 2017 12:58:00 +0000 Bayer Details Agrochems Outlook and Plans Bayer Crop Science has voiced its optimism that long-term trends in the agricultural sector remained positive despite the market’s recent weakness and volatility. Fri, 22 Sep 2017 07:00:00 +0000 Teva Sheds Assets Worth $2.48 Billion Israeli generics giant Teva has completed its exit from the women’s health sector. On Sept. 18 it unloaded its contraception, fertility, menopause and osteoporosis products to CVC Capital Partners Fund VI for $703 million. Simultaneously, it sold its emergency contraception brands to Foundation Consumer Healthcare for $675 million. Fri, 22 Sep 2017 03:40:00 +0000 US Gulf Production Starts to Recover Post Harvey Petrochemical plants on the US Gulf Coast are starting to resume operations after Hurricane Harvey left behind a trail of destruction. Refineries and chemical plants had been shut down prior to Harvey making landfall on the Texas coast on Aug. 25. This year has seen an unusually active hurricane season in the Atlantic with Jose, Irma and Maria following in Harvey’s wake. Thu, 21 Sep 2017 12:00:00 +0000 Arkema to Hike US Fluoropolymer Capacity Arkema is expanding capacity for its Kynar polyvinylidene fluoride (PVDF) in Calvert City, USA, by about 20%, with work set to start in mid-2018. A start-up date and capacity details were not disclosed. The expansion, said Arkema, has been prompted by strong demand in the new energies and water management markets as well as in the more traditional applications of chemical processing and high-performance cables. Thu, 21 Sep 2017 10:39:00 +0000 Envigo Appoints Chief Commercial Officer and President of EMEA Operations Envigo has made two new appointments to its Executive Committee. The appointments of Craig Boyd as Chief Commercial Officer (CCO) and Lizanne Muller as President of EMEA Operations have been made at a time of growth for Envigo during which the organization has been focused on improving the quality of the customer experience for its global customer base across the pharmaceutical, chemicals, and crop protection industries. Both of the positions report directly into CEO Dr. Adrian Hardy. Thu, 21 Sep 2017 08:09:00 +0000 Taiwan Chemical Firms to Expand at Daesan Acting on a government request for more domestic investment and job creation, Taiwan’s chemical industry has reportedly pledged to expand large-scale domestic investment projects worth some 10 trillion won ($8.8 billion). Citing the Ministry of Trade, news reports said Industry and Energy, S-Oil, Lotte Chemical and Hanwha Total Petrochemical have signed a memorandum of understanding with the provincial government to invest in the Daesan Petrochemical Complex. Thu, 21 Sep 2017 03:05:00 +0000 Emerald Kalama Chemical Brings $40 Million Expansion Online Emerald Kalama Chemical completed start-up of its $40 million expansion at the company’s Rotterdam, Netherlands site. The fully operational expansion increases Emerald’s global capabilities, manufacturing flexibility and capacity for Purox B Benzoic Acid, Kalama Benzaldehyde and many downstream products, such as Kalama Hexyl Cinnamic Aldehyde (HCA) and Kalama Amyl Cinnamic Aldehyde (ACA). Wed, 20 Sep 2017 14:36:00 +0000 Old Levothyrox to be Reintroduced in France An older version of a thyroid drug made by Merck Serono is planned to be reintroduced in France after more than 9,000 of the country's three million users complained of serious side effects such as cramps, headaches, dizziness and hair loss from a new formula launched in March of this year. The French drug approval agency Agence Francaise du Medicament had asked the German company to develop the new formula, which is said to be stabler than the old version. Wed, 20 Sep 2017 10:00:00 +0000 Exxon and Russia Bury $600 Million Tax Dispute ExxonMobil and the Russian government have settled a long-running tax dispute worth more than $600 million, the Russian finance ministry said in a statement sent to French news agency AFP. An amicable agreement was signed on Sept. 12 between Russia and ExxonMobil,” the statement said. “The parties have reached a mutually beneficial compromise." Wed, 20 Sep 2017 03:56:00 +0000 BASF Buys Solvay’s Polyamide Business for €1.6 billion BASF is to acquire Solvay’s global integrated polyamide (PA) business for €1.6 billion on a cash and debt-free basis. The acquisition strengthens the German chemicals giant’s existing PA operations by boosting its presence in Asian and South American markets and giving access to key raw material adiponitrile (ADN). Wed, 20 Sep 2017 03:04:00 +0000 Solvay to Launch PEKK Production in US Solvay has announced it will begin producing high-performance polyetherketoneketone (PEKK) polymers early next year in order to meet growing demand from the aerospace industry. The company’s site in Augusta, Georgia, USA, will produce the polymers, which will be sold under the name NovaSpire. Tue, 19 Sep 2017 12:51:00 +0000 Wolfgang Nickl Appointed new CFO at Bayer Bayer has appointed Wolfgang Nickl to its managing board with effect from Apr. 26, 2018. The 48-year-old manager, who is new to the Leverkusen, Germany-based group, will succeed Johannes Dietsch as chief financial officer (CFO) from Jun. 1, 2018. Dietsch will leave Bayer at his own request at the end of May 2018, the group said. Tue, 19 Sep 2017 10:47:00 +0000 German Chemical Distributor Nordmann, Rassmann Acquires UK's Melrob Group German chemical distributor Nordmann, Rassmann (NRC) has acquired 100% of the shares in Melrob Group Holdings. (Melrob) of Crawley, UK. The acquisition includes all of Melrob’s subsidiaries in the United Kingdom, Germany, India, Japan, Korea, Singapore, Spain and the USA. “Acquiring Melrob not only represents the wide-reaching and strategic expansion of Nordmann, Rassmann’s current activities in Europe, but also a decisive step towards growing our business in both the Asia-Pacific region and North America,” explains Managing Director Dr. Gerd Bergmann. Tue, 19 Sep 2017 10:40:00 +0000 US Political Leaders Deny Trump Rethinking Paris H.R. McMaster, national security adviser to US President Donald Trump, has denied that Trump is reconsidering his decision to pull out of the Paris climate accord and possibly re-enter on newly negotiated terms. Speaking to right-leaning US television network Fox News Sunday on Sept. 17, McMaster said recently published reports suggesting the administration might not pull out of the deal are “false.” Tue, 19 Sep 2017 03:40:00 +0000 American Vanguard Buys Grupo Agricenter AMVAC Netherlands, a wholly owned subsidiary of US specialty and agricultural products company American Vanguard, is to acquire Grupo Agricenter, a Costa Rica-based distributor of crop protection products operating in seven Central American and Caribbean countries. The deal will boost AMVAC’s product and service offerings in the Latin American agricultural market, where it regards itself as a leader in the nematicides segment for crops such as banana and pineapple. Mon, 18 Sep 2017 13:30:00 +0000 ExxonMobil Completes Aromatics Buy ExxonMobil’s Singapore affiliate has completed the acquisition of one of the world’s largest aromatics facilities on Singapore’s Jurong Island in Singapore. The project was announced in May of this year. Mon, 18 Sep 2017 09:21:00 +0000 Air Liquide Inks Deals in Mexico and Norway Air Liquide has signed a new long-term agreement with PEMEX Transformación Industrial, a subsidiary of Mexican state-owned oil and gas company PEMEX, to supply hydrogen (H2) to the group’s refinery in the central region of Mexico. The arrangement foresees the French gases producer paying €50m to acquire and optimize PEMEX’s existing H2 production unit, thus strengthening its presence in central Mexico. Mon, 18 Sep 2017 03:11:00 +0000 AstraZeneca Sells Anesthetics Rights to Aspen AstraZeneca has agreed to sell the remaining rights to its anesthetic drugs portfolio to Aspen Global Incorporated (AGI) in a deal worth up to $766 million. The portfolio comprises Diprivan, EMLA, Xylocaine/Xylocard/Xyloproct, Marcaine, Naropin, Carbocaine and Citanest. In a previous deal concluded in June 2016, AstraZeneca agreed to sell the rights to its global anesthetics portfolio outside the US to AGI for a total consideration of up to $770 million. Fri, 15 Sep 2017 13:28:00 +0000 AkzoNobel Opens UK Paint Plant Dutch paints and coatings group AkzoNobel has officially opened what it describes as the “world’s most advanced and sustainable paint plant” in Ashington, UK, where it will become the new center of production for the country’s leading Dulux brand. “This is a significant investment in the UK – a vital strategic market for us – and an important milestone for AkzoNobel,” said CEO Thierry Vanlancker. Fri, 15 Sep 2017 10:23:00 +0000 UK Court Upholds Ineos Shale Gas Order Britain’s High Court has granted Ineos’ request to renew the injunction it obtained at the end of July, prohibiting “unlawful acts” by protestors at its shale gas exploration sites. The Swiss-based group asked for the renewal as anti-fracking campaigners mounted challenges to the order. Fri, 15 Sep 2017 03:18:00 +0000 John Fowler Named COO of Piramal Pharma Solutions Piramal Pharma Solutions (PPS) has appointed John Fowler as its Chief Operating Officer (COO). PPS is a leader in Integrated Contract Development and Manufacturing, with a global network of 12 development and manufacturing facilities across North America, Europe and Asia. PPS offers a comprehensive range of services including Drug Discovery Solutions, Process & Pharmaceutical Development services, Clinical Trial Supplies and Commercial supply of APIs and Finished dosage forms. Thu, 14 Sep 2017 14:24:00 +0000 Bodo Möller Chemie Expands in Americas German specialty chemicals distributor Bodo Möller Chemie has established subsidiaries in Mexico and USA as it continues to strengthen its international presence. Thu, 14 Sep 2017 13:10:00 +0000 Air Products in China Syngas Project US industrial gases group Air Products has signed an agreement with Lu’An Clean Energy, part of Chinese coal mining conglomerate Lu’An Mining, to form a $1.3 billion joint venture for a syngas-to-liquids complex at Changzhi City in Shanxi province. Thu, 14 Sep 2017 09:43:00 +0000 US Merck to Acquire German Biotech Rigontec US drugmaker Merck has announced plans to acquire Germany-based Rigontec, regarded as a pioneer in accessing the retinoic acid-inducible gene I (RIG-I) pathway as a novel and distinct approach in cancer immunotherapy, to induce both immediate and long-term anti-tumor immunity. Rigontec’s lead candidate, RGT100, is currently in Phase I development, evaluating treatment in patients with various tumors. Thu, 14 Sep 2017 02:37:00 +0000