IHS Chemical Week
FINE CHEMICALS/BIOTECH

Albemarle completes sale of antioxidant business to SI Group

9:29 AM MDT | September 2, 2014 | Francinia Protti-Alvarez

Albemarle has completed the previously announced sale of its antioxidant, ibuprofen, and propofol businesses and related assets to SI Group (Schenectady, NY), Albemarle said today. Financial terms of the transaction have not been disclosed. The transaction...


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Pharma/fine chemicals roundup—2 September 2014

Amerigen Pharmaceuticals, Ningbo Menovo sign generics deal; Menovo to manufacture APIs Amerigen Pharmaceuticals (Lyndhurst, NJ) and Ningbo Menovo Pharmaceutical (Ningbo, China) have entered into a collaboration agreement for the development of generic...

Agrium signs plant nutrition deal

Agrium says its Loveland Products subsidiary has entered into a soil and plant health nutritional products development and commercialization deal with Actagro. Under the terms of the agreement, Loveland Products gains "expanded distribution...

Amerigen Pharmaceuticals, Ningbo Menovo sign generics deal; Menovo to manufacture APIs

Amerigen Pharmaceuticals (Lyndhurst, NJ) and Ningbo Menovo Pharmaceutical (Ningbo, China) have entered into a collaboration agreement for the development of generic pharmaceuticals, primarily targeting the US market. Amerigen and Menovo, under the terms of...

Pharma/fine chemicals roundup—26 August 2014

Siegfried reports a slight increase in profits Siegfried (Zofingen, Switzerland) reports a 1.6% rise in net profits for the first six months of 2014 compared with the year-ago period, to 18.8 million Swiss francs ($20.5 million). First-half sales decreased...

BASF opens crop protection products plant in China

The first batch of crop protection products coming off the production line of BASF’s new formulation and packaging plant at Rudong. BASF says that it has opened its previously announced first formulation and packaging plant for crop protection products...

Roche to buy US biotech firm InterMune for $8.3 billion

Roche (Basel) said today that it has agreed to acquire InterMune (Brisbane, CA), a biotech company focused on R&D and commercializing therapies in pulmonology and orphan fibrotic diseases, for $8.3 billion. The offer represents a premium of 38% to...

Siegfried reports a slight increase in profits

Siegfried (Zofingen, Switzerland) reports a 1.6% rise in net profits for the first six months of 2014 compared with the year-ago period, to 18.8 million Swiss francs ($20.5 million). First-half sales decreased 16%, however, to SF165.1 million. Fluctuations in...

DuPont to sell copper fungicide business to Mitsui & Co.

DuPont has reached agreement to sell its copper fungicide business assets to Mitsui & Co. (Tokyo). The sale is expected to close in fourth-quarter 2014 subject to approvals from regulatory authorities.  Terms have not been disclosed. Mitsui & Co...

New CLH consultation for the pesticide tefluthrin

The European Chemicals Agency (ECHA; Helsinki) says it has started a 45-day public commenting period on the harmonized classification and labeling (CLH) proposal for the pesticide tefluthrin. The substance is an insecticide mainly used to protect sugar beet...

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