News

News

US Merck Snaps up Prometheus Biosciences for $10.8 Billion

19.04.2023 -

Shares of Prometheus Biosciences soared on news that US drugs major Merck will acquire the company in an all-cash deal valued at roughly $200 per share, or $10.8 billion...

News

Wood Group Engages with Apollo on Buyout

19.04.2023 -

British multinational engineering and consulting business Wood Group has decided to engage with private equity firm Apollo Management, which has made a fifth offer...

News

Versalis Expands Elastomers at Ravenna

19.04.2023 -

Versalis is planning a project at its site in Ravenna, Italy, to increase capacity for elastomers. Estimated investment costs are put at about $80 million

News

Chiesi Closes Amryt Acquisition

18.04.2023 -

Italian biopharma Chiesi has completed its acquisition of Irish rare disease drugmaker Amryt Pharma. The deal, which was originally announced in January, could be worth...

News

Clariant Officially Opens Chinese Catalyst Site

18.04.2023 -

With much fanfare, Swiss specialty chemicals producer Clariant has opened a new production facility for its Catofin-branded catalysts completed late last year at Jiaxing...

News

EPA Wants Tighter Emissions Monitoring near Chemical plants

18.04.2023 -

As part of administrator Michael Regan’s drive to improve air quality in residential areas bordering chemical production facilities, the US Environmental Protection...

Logistics & Supply Chain

First Shipment with Lightweight Active Container

17.04.2023 -

Swiss WorldCargo, Swiss Airtainer, and B.P.L. have announced the launch of a self-sustaining airfreight container.

News

US Anti-Mifepristone Decision on Hold for Now

17.04.2023 -

All changes to the US use of abortifacient mifepristone are now on hold – for three more days – pending a review by Supreme Court Justice Samuel Alito of two complex and...