IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients

Pharma/fine chemicals roundup—22 April 2014

7:26 AM MDT | April 22, 2014 | Deepti Ramesh

SI Group to acquire Albemarle’s ibuprofen business SI Group (Schenectady, NY) has agreed to acquire the antioxidant, ibuprofen, and propofol businesses of Albemarle for an undisclosed amount. The ibuprofen and propofol businesses are part of Albemarle’s $290-million fine chemistry services business, within the company’s performance chemicals segment. Prior to 1 January, the division had been part of the fine chemistry segment. The deal includes manufacturing sites in Orangeburg, SC, and Shanghai, as well as technical support services in Baton...

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