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Merck Establishes Digital Hub in Singapore

German chemicals, pharmaceuticals and life sciences group Merck has opened a digital hub in Singapore, the first outside of the US and Europe for its digital business.

Solvay and Huatai Expand Hydrogen Peroxide Capacity in China

In a move to meet the rising demand from the photovoltaic industry, Solvay is expanding the is hydrogen peroxide capacity of its Shandong Huatai Interox Chemical site in China, a joint venture (JV) with Huatai Chemical.

LyondellBasell to Acquire 35% of Saudi Arabia-based Natpet

18.01.2024 - LyondellBasell (LYB) has agreed to acquire a 35% stake in Saudi Arabia-based National Petrochemical Industrial Company (Natpet) from Alujain for approximately $500 million. Closing of the transaction is subject to regulatory and other customary closing conditions.

Arkema Acquires a Stake in Battery Start-up Tiamat

French chemical producer Arkema announced that it will become a shareholder of Tiamat, a start-up that designs, develops, industrializes and markets sodium-ion batteries, a new lithium-free technology. Tiamat was spun off from the Centre National de la Recherche Scientifique (CNRS) in 2017.

AstraZeneca to Buy Cell Therapy Developer Gracell for Up to $1.2 Billion

AstraZeneca has agreed to acquire Gracell Biotechnologies, a Chinese developer of cell therapies for the treatment of cancer and autoimmune diseases, for up to $1.2 billion. Only on Dec. 12, 2023, AstraZeneca announced that it was planning to acquire Icosavax for $1.2 billion.

Brenntag Acquires Solventis Group

Brenntag announces the agreement to acquire the Solventis Group. Solventis Group is a distribution company for glycols and solvents based in Antwerp, Belgium, and in the UK.

Röhm and SABIC to Found New Global Player Polyvantis

Röhm’s Acrylic Products business unit and SABIC’s Functional Forms business unit are going to be merged to form Polyvantis, a new global player in the acrylics and polycarbonate film and sheet industry.

Bayer Invests €130 Million in New Production Facility

Berlin Mayor Kai Wegner and Bayer's Stefan Oelrich unveil a high-tech facility as part of a global billion-euro investment initiative. The advanced space, featuring a robot-controlled aseptic filling line, accelerates drug production.

Merck & Co. to Acquire Caraway Therapeutics

Merck & Co. (MSD) and Caraway Therapeutics announced that the companies have agreed Merck & Co., through a subsidiary, will acquire Caraway Therapeutics for a total potential consideration of up to €557 million ($610 million), including an undisclosed upfront payment and contingent milestone payments.

FECCIA

Successful kick-off of the #ChemSkills blueprint!

Congratulations and a big thank you to Anni, Emma, Chiara and Eleonora for a successful kick-off of the #ChemSkills blueprint!