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Sanofi-Aventis and Merck & Co. to Create a Global Leader in Animal Health

March 9, 2010 | Natasha Alperowicz

Sanofi-Aventis (Paris) and Merck & Co., have announced that Sanofi-Aventis has exercised its option to combine its Merial unit with Intervet/Schering-Plough (Boxmeer, the Netherlands), Merck's animal health business, to create a global leader in animal...

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Moody's Raises Outlook for Chemical Industry

Moody’s Investors Service says it has changed the industry sector outlook for the North American and European chemical industry from negative to stable, as the fundamental credit conditions for the chemical industry in these regions will be generally...

Petron Buys Stake in Petchem Firm

Oil refiner Petron (Manila), in a statement to the Philippine Stock Exchange (Pasig city, Philippines), says it has entered into an agreement with Vantage Stride...

Lonza Forms Alliance and Acquires Stake in U.S. Drug Discovery Tech Firm

Lonza says it has signed an agreement with drug discovery technology company Odyssey Thera (San Ramon, CA) to make Odyssey Thera’s proprietary protein-fragment complementation assay (PCA) technology, and Odyssey Thera has granted to Lonza an option to...

Hexion's Loss Narrows, Margins Improve

Sales fell 8%, to $1.09 billion, reflecting lower raw material prices partially offset by improved volumes and margins, the company says. The 2008 quarter included an $800-million charge related to the termination of its merger agreement with Huntsman....

Supreme Court Will Not Hear ACC’s Appeal of Clean Air Act Ruling

The U.S. Supreme Court says it will not consider an appeal by ACC that sought a review of an appeals court’s decision disallowing an exemption from certain emissions limits during “startup, shutdown or malfunction” (SSM)...

SusChem Builds Relations with Downstream Sectors on Sustainable Production

The European chemical industry is building closer relations with downstream sectors on sustainability issues, says the European Union’s (EU) Technology Platform for Sustainable Chemistry (SusChem), which hosted a meeting on sustainable technologies...

Wacker Opens New Biologics Facility at Jena

Wacker Chemie has opened a new production facility for pharmaceutical proteins at its Jena, Germany site. The plant is part of Wacker's program to enlarge its biotech operations. The expansion, together with the a new building for process development and...

Total to Reconfigure Dunkirk Refinery Site; Biofuel Cluster Planned

Total has, as expected, presented a plan to its French central works council to cease operations permanently at the company's Dunkirk, France refinery, in response to a decline in petroleum product demand. The refinery, a major producer of propylene, has been...

ECHA Publishes Proposal to Reclassify Eight Chemicals as SVHCs

The European Chemicals Agency (ECHA; Helsinki) has published new proposals to classify eight chemicals as substances of very high concern (SVHC) and to put forward the chemicals as candidates for Authorisation under the European Union’s (EU) Reach...

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