UK-based speciality chemicals company Elementis has announced that, by mutual agreement, CEO Paul Waterman will step down no later than the AGM in April 2025, remaining available as required for any transition or other support until the end of July. A successor is now being sought.
Swiss CDMO Siegfried has inaugurated its new global R&D centre for drug substances at its site in Evionnaz.
International Chemical Investors Group (ICIG), the owner of WeylChem and many other European chemical assets, has acquired the European Advanced Organics business of Valtris Specialty Chemicals.
SOCMA, the trade association of the US speciality chemical manufacturing industry, has published an open letter to the pending Trump administration, urging it to “prioritise policies that encourage advancement, streamline regulatory processes and incentivise domestic manufacturing”.
BASF has formed a partnership with Slovenian white biotech Acies Bio. Under this it will further develop the latter’s OneCarbonBio fermentation platform to derive methanol for the production of fatty alcohols for home and personal care ingredients, notably surfactants.
Indorama’s Indovinya business segment has agreed to acquire two speciality surfactants brands in the oil and gas sector from Cargill Bioindustrial UK. This includes 25 patents, tolling rights and an R&D facility in Houston, Texas. The two lines are:
SMC Global has acquired International Chemicals (ICC) and will merge its own Oilfield business into ICC. The company said this “establishes an expanded, comprehensive portfolio of innovative products and services specifically designed for the oil and gas and produced water treatment industries”.
Three CDMOs have separately announced expansions in their antibody-drug conjugate (ADC) manufacturing capabilities and capacity on opposite sides of the Atlantic.
Kemira has announced plans to invest a “low double-digit millions of euros” sum to build a reactivation plant for activated carbon at its Helsingborg site in Sweden.
Current Issue
UK-based speciality chemicals company Elementis has announced that, by mutual agreement, CEO Paul Waterman
Swiss CDMO Siegfried has inaugurated its new global R&D centre for drug substances at its site in Evion
International Chemical Investors Group (ICIG), the owner of WeylChem and many other European chemical asset
SOCMA, the trade association of the US speciality chemical manufacturing industry, has published an open le
Most Popular
Honeywell has announced plans to spin off its Advanced Materials business to its shareholders as an independent, publicly traded company by early 2026. This will enable it become a pure-play speciality chemicals and materials producer, with strong positions in fluorine products, electronic materials, industrial grade fibres and healthcare packaging.
The CDMO operation was not the main attraction when Arxada was formed but has turned out to be one of the most promising. Andrew Warmington met Olivier Lambrechts, president of the NCE business
When a company is newly formed, it can take time for the owners and managers to work out exactly what they have – and which part will be the most valuable. Arxada is a case in point.
Barentz International has acquired distributors in two different regions in short order. The acquisition of Insuqui in Paraguay followed a few weeks after that of the Anshul Life Sciences Group in India. Terms were not disclosed in either deal and the existing management teams will remain in place.
