Orion S.A. (NYSE: OEC), a global leader in specialty chemicals, has announced the appointment of Natalia Scherbakoff as the company’s new Chief Technology Officer. She succeeds David Deters, who has led Orion’s global innovation program for nearly a decade, positioning…
PPG, a global leader in paints, coatings, and specialty materials, has announced a definitive agreement to sell its architectural coatings business in the U.S. and Canada to American Industrial Partners (AIP) for a transaction value of $550 million. The deal…
IMCD, a global distributor of specialty chemicals and ingredients, has signed an agreement to acquire 100% ownership of the Blumos Group, which includes Importadora y Distribuidora Blumos SpA, Transportes Blumos SpA, and Comercial e Industrial Solutec SpA in Chile; Sonutra…
Yara Tertre management has announced plans to transform the site, informing employee representatives of the company’s intention to close the ammonia production unit and shift focus to more competitive products, such as premium nitrate fertilizers and industrial nitrogen chemicals. The…
Corteva has announced the appointment of Judd O’Connor as the new Executive Vice President (EVP) of its Seed Business Unit, effective December 1, 2024. O’Connor will take over from Tim Glenn, the current EVP, who will transition to a Strategic…
Borouge Plc, a prominent petrochemical company specializing in advanced polyolefin solutions, has announced the successful transport of over 700,000 tonnes of polyolefins in its first year of partnership with Etihad Rail, the developer and operator of the UAE National Rail…
Bayer has submitted an application to the European Medicines Agency (EMA) seeking approval for its oral androgen receptor inhibitor, darolutamide, to be used in combination with androgen deprivation therapy (ADT) for treating metastatic hormone-sensitive prostate cancer (mHSPC). Darolutamide, marketed as…
Korea Zinc (KRX:010130), a global leader in non-ferrous metal production and a key player in critical supply chains, is demanding greater transparency from MBK Partners and Young Poong regarding the shareholder agreement associated with MBK’s proposed acquisition of Korea Zinc.…
Evonik is restructuring two of its business lines, Coating & Adhesive Resins and Health Care, to enhance their growth potential. The company plans to concentrate future investments on these core areas, while exploring options to sell or partner with remaining…
Covestro is investing approximately €100 million in its global R&D infrastructure and assets over the next three years, until 2025. This initiative aims to enhance the company’s competitiveness in a challenging market while focusing on future technologies to accelerate the…
Bayer and MOMA Therapeutics, Inc., a clinical-stage biopharmaceutical company focused on developing a new generation of precision therapeutics, have announced a collaboration through an option and exclusive license agreement. This partnership aims to develop and commercialize a small molecule oncology…
Merck, a leading science and technology company, has officially opened its new €290 million biosafety testing facility in Rockville, Maryland, USA. This facility is essential for biosafety testing and analytical development, which are crucial for the drug development and commercialization…