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Pharma/fine chemicals roundup—25 July 2016

July 25, 2016 | By DEEPTI RAMESH

Lonza reports 20% core Ebit growth Lonza has reported sales of 2.02 billion Swiss francs ($2.05 billion) in the first half of 2016, an increase of 6% year over year (YOY), the “best first half in its history,” as a result of “better operational and commercial performance.” Core Ebit was 312 million Swiss francs, an increase of 20% YOY. The core Ebit margin increased to 15.5% in...

Pharma/fine chemicals roundup—19 July 2016

July 19, 2016 | By DEEPTI RAMESH

Cambrex completes API capacity expansion in Iowa site Cambrex Corp. (East Rutherford, New Jersey), a manufacturer of small molecule innovator and generic active pharmaceutical ingredients (APIs), announced on 12 July that it has completed the previously announced $50-million production and warehousing expansion at its API facility at Charles City, Iowa. Plans for the project were first announced in...

Pharma/fine chemicals roundup—12 July 2016

July 12, 2016 | By DEEPTI RAMESH

Apax Partners to acquire Invent Farma including its API subsidiary   Funds advised by private equity advisory firm Apax Partners (London) says that an entity controlled by them has entered into a definitive agreement to acquire Invent Farma S.L. (Barcelona), a pharmaceutical company, from a consortium of investors led by Silfurberg, Framtakssjóður Íslands and Horn II. Invent Farma...

Pharma/fine chemicals roundup—5 July 2016

July 5, 2016 | By DEEPTI RAMESH

Safic-Alcan takes full ownership of pharma ingredients distributor in China Safic-Alcan, a distributor of specialty chemicals, says it has increased its stake in Sichuan HuaFaMei Enterprise Co. (Chengdu, China) from 50%, to 100%, by buying shares from Charles Hu, acting president of Sichuan HuaFaMei. Safic-Alcan bought the original 50% stake in 2006. Hu will remain in place and continue to manage the...

Chemspec raises $30,000 for scholaships

June 30, 2016 | By GUEST AUTHOR

Chemspec says its sixth annual scholarship golf outing has raised $30,000 for chemical science tuition scholarships. Chemspec says it has been able generate over $104,000 over six outings for the scholarship...

Batch processing essential to the success of specialty chemical manufacturing

June 28, 2016 | By LAWRENCE D. SLOAN, PRESIDENT AND CEO, SOCMA

When it comes to batch processing, those of us in the industry clearly understand the crucial role this process plays in manufacturing specialty chemicals. However, outside the industry we are finding there is a lack of understanding, or maybe appreciation, about how important batch processing is to the innovative nature of our unique sector, or the measures our member companies and other manufacturers...

Pharma/fine chemicals roundup—28 June 2016

June 28, 2016 | By DEEPTI RAMESH

Chemical and pharma industry disappointed by Brexit vote, UK association confident of sector's resilience The chemical industry in the United Kingdom and rest of Europe faces a prolonged period of uncertainty after the UK public voted in a referendum last week to leave the European Union. A British exit from the European Union, commonly known as Brexit, has major implications for the chemical sector across...

Pharma/fine chemicals roundup—21 June 2016

June 21, 2016 | By DEEPTI RAMESH

Hovione breaks ground on New Jersey expansion Active pharmaceutical ingredients (APIs) producer Hovione (Loures, Portugal) says it held a groundbreaking ceremony on 8 June for the expansion of its East Windsor, NJ site, which would double its capacity to manufacture drug substance. The expansion, adding an additional 30,600 sq feet of space to the existing 24,000 sq feet facility, will include a new...

IHS Chemical expects Sasol to hit feeds at Louisiana project by late 2018

June 20, 2016 | By IHS CHEMICAL STAFF

After a recent fact-finding mission to Sasol’s Lake Charles, LA project, IHS Chemical analysts have concluded that company’s targeted timing for delivery of feed to the project in late second-half 2018 is realistic. Sasol is two years into construction at its ethane cracker and derivatives project. The project envisions a 1.5 million metric ton per year ethane cracker, and six downstream...

Pharma/fine chemicals roundup—14 June 2016

June 14, 2016 | By DEEPTI RAMESH

Novacap builds sodium bicarbonate plant in Singapore to serve pharma sector Pharmaceuticals and chemicals producer Novacap (Lyon, France) says that its Novacarb subsidiary, a producer of soda ash and sodium bicarbonate, on 7 June broke ground on a new sodium bicarbonate plant in Jurong Island, Singapore. The facility will produce sodium bicarbonate grades to serve the growing Asian demand in health care...


ABOUT CHEM IDEAS

Welcome to Chem Ideas, the place for opinions and perspective on the key issues affecting the global chemicals industry. This zone features articles by Chemweek’s regular editors as well as a team of established experts with insights across the chemicals industry. If you would like to contribute a blog or opinion piece contact rob.westervelt@ihs.com.



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