Indorama Ventures Public Co Limited has completed the acquisition of Mossi & Ghisolfi’s (M&G) polyethylene terephthalate (PET) plant in Brazil. The plant,which M&G operated under M&G Polimeros Brazil, is in Ipojuca, Pernambuco state, and it has a PET capacity of 550,000 tonne/year. PET is the most common thermoplastic polymer resin of the polyester family and […]
Post Type Archives: News
DuPont Nutrition & Health divests alginates business to JRS
DuPont Nutrition & Health has announced that it will divest its alginates business to Germany-based functional ingredients firm JRS Group. This sale was a requirement established by the European Commission following DuPont’s acquisition of FMC’s Health and Nutrition business in 2017. It includes the heritage DuPont Nutrition & Health alginates business, the portfolio of pectin-alginate […]
Avara acquires sterile manufacturing facility in Canada
Avara Pharmaceutical Services has agreed to acquire the largest sterile manufacturing facility for injectable medicines in Canada from a leading global pharmaceutical company, as part of a continuing expansion of its global footprint. “This acquisition represents our first entry into the Canadian market and further expands our sterile processing capability, which is in very high […]
Millicent Pharma launches operations
The Carlyle Group, a global alternative asset manager, and Bourne Partners, a financial services firm focused in healthcare, along with pharma veterans Dr. John King, Roger Boissonneault and Geoffrey Elliot, have jointly launched Millicent Pharma. Millicent Pharma, the culmination of Phoenix Therapeutics-the global pharmaceutical platform created by Carlyle and Bourne in 2015-seeks to build a […]
SOCMA submits public comments on proposed TSCA User Fees
The Society of Chemical Manufacturers & Affiliates (SOCMA) has submitted comments on the US Environmental Protection Agency’s proposed rule for user fees for the administration of the Toxic Substances Control Act (TSCA). SOCMA is the only US-based trade association solely dedicated to the specialty and fine chemical industry. Its members play an indispensable role in […]
Alchem granted COS by EDQM for solving stability challenge for micronized digoxin
Alchem International, a privately held pharmaceutical company focusing on the production of plant-derived active pharmaceutical ingredients (APIs), yesterday announced the award of European Certificate of Suitability (COS) by the European Directorate for the Quality of Medicines (EDQM) for its innovative manufacturing process for micronized Digoxin overcoming stability, regulatory and formulation issues for generic manufacturers of […]
Dow inaugurates Innovation Centre in Saudi Arabia
Located in the KAUST Research and Technology Park, the centre will support Dow’s ramped-up research efforts to address critical needs in the Kingdom and the region, including increasing energy efficiency and minimizing environmental footprint. State-of-the-art labs, research areas and offices will provide application development and technical service focused on oil and gas technology solutions, sustainable […]
in-cosmetics Group launches exclusive club for R&D community
Its events are a trusted source of formulation know-how for thousands of R&D professionals around the world, and today the in-cosmetics Group has announced the launch of a new initiative. The all-new R&D Club will provide cosmetic chemists from the global beauty industry with yet another opportunity to network and learn. The Club is […]
WuXi Biologics to invest in $60 million manufacturing facility
WuXi Biologics unveiled plans to invest approximately $60 million and hire roughly 150 employees to establish a state-of-the-art biologics manufacturing facility in Singapore. It will be the tenth global drug substance manufacturing facility of WuXi Biologics. Headquartered in Wuxi city, Jiangsu province, China, WuXi Biologics is a global platform company providing end-to-end solutions for biologics […]
Syngenta partners with USAID on agribusiness development in Ukraine
Syngenta Ukraine, in partnership with the USAID project Agriculture and Rural Development Support, has created the Club of Strategic Partners of the Fruit and Vegetable Market, the first meeting of which was held in Kyiv on May 22. The affiliation intends to unite producers, processors, retailers and restaurateurs, in order to stabilize the fruit and […]