Industry Leaders Call for Urgent Actions to Boost European Competitiveness
Antwerp Declaration For A European Industrial Deal
20.02.2024 - Today, 73 industry leaders from 20 industrial sectors handed over "The Antwerp Declaration for a European Industrial Deal" to Belgian Prime Minister Alexander De Croo and Commission President Ursula von der Leyen. The declaration emphasizes industry's dedication to Europe's transformation and outlines urgent needs to enhance Europe's competitiveness, resilience, and sustainability amid challenging economic circumstances.
BASF, Heraeus Start Operations at Chinese Precious Metals Recycling JV
19.01.2024 - BASF Environmental Catalyst and Metal Solutions (ECMS) – a standalone, wholly owned part of BASF – and Heraeus Precious Metals have started operations of their new joint venture (JV) facility, BASF Heraeus Metal Resource (BHMR) located in Pinghu, China, which recovers precious metals from spent automotive catalysts.
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.