IHS Chemical Week
FINE CHEMICALS/BIOTECH

ChemChina rules itself out as potential buyer for Syngenta, Monsanto assets

3:33 AM MDT | May 22, 2015 | Natasha Alperowicz

China National Chemical Corp. (ChemChina) has ruled itself out as a potential buyer of assets that Monsanto and/or Syngenta would be obliged to divest should a  deal between the two be cemented. ChemChina was tipped as one of the buyers for...


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Monsanto confirms plans to divest Syngenta's seeds business to gain takeover approval

Monsanto confirmed on Wednesday that it is working toward acquiring Syngenta, and its plans includes divesting all of Syngenta’s seeds and traits business, which had sales of $3.2 billion in 2014, to gain antitrust approval. Earlier this month...

Scotts Miracle-Gro pays $300 million to extend Roundup license

Scotts Miracle-Gro has agreed to pay Monsanto $300 million to extend a long-term Roundup brand license for the lawn and garden consumer market, Monsanto announced today. Scotts Miracle-Gro, through one of its subsidiaries, has since 1999 served as Monsanto's...

Jacobs awarded additional contract by Bristol-Myers Squibb for biologics plant in Ireland

Jacobs Engineering says it has been awarded a contract by Bristol-Myers Squibb to provide construction management services for a new large-scale biologics manufacturing facility in Cruiserath, County Dublin, Ireland. Jacobs is also providig...

Pharma/fine chemicals roundup—19 May 2015

API business of Dr. Reddy’s reports rise in sales The pharmaceutical services and active ingredients (PSAI) business of Dr. Reddy’s Laboratories (Hyderabad, India) reports a 11.6% rise in sales in the company’s fiscal fourth quarter, ended...

Adama reports strong results despite market headwinds, considers new fund-raising options

Adama Agricultural Solutions, a leading global provider of off-patent crop protection chemicals, on Sunday reported a 4.4% drop in first-quarter net income to $94.4 million on 4.7% lower revenues of $866.7 million. However, net income before tax was 8.8%...

Reports: Monsanto seeks buyers for Syngenta's US seeds business to meet antitrust concerns

Speculation is growing that Monsanto could soon return with a sweetened offer for Syngenta after lining up buyers for large parts of Syngenta’s seeds business, especially in North America, to meet antitrust concerns. Reuters, quoting industry sources...

SAFC expands ADC manufacturing capacity at St. Louis

Sigma-Aldrich (St. Louis) says that SAFC Commercial, its custom-manufacturing and services business unit, has completed expanding its St. Louis facility to support commercial-scale antibody-drug conjugate (ADC) manufacturing. The facility is in...

Pharma/fine chemicals roundup—12 May 2015

Siegfried to buy certain pharma ingredients businesses from BASF for €270 million BASF and Siegfried (Zofingen, Switzerland) announced that Siegfried will acquire BASF’s custom synthesis business and parts of its active pharmaceutical ingredients...

Reverdia appoints business development manager

Reverdia (Delft, Netherlands), a joint venture between DSM and Roquette Frères (Lestrem, France) has announced the appointment of Pascal Moritz as new business development manager for Europe, effective 1 May. Moritz had previously been business manager...

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