Lonza (Basel, Switzerland; www.lonza.com) plans to invest CHF14 million (about $15 million) to expand Antibody Drug Conjugate (ADC) manufacturing capacity in Visp, Switzerland. Oncology therapeutics including ADCs represent one of the fastest growing segments of the pharma and biotech industry…
Aveva Solutions Ltd. (Aveva; Cambridge, U.K.; www.aveva.com) announced today the commercial availability of its brand-new plant design software, AVEVA Everything3D (AVEVA E3D), setting a new level of performance for major capital engineering projects. AVEVA E3D drives the adoption of Lean…
Eurecat S.A. (La Voulte-Sur-Rhone, France; www.eurecat.fr) and Tricat Industries Inc. (Tricat; McAlester, Okla.) are pleased to announce that Eurecat has just acquired all of the outstanding shares of Tricat, under the terms of a Merger Agreement, with immediate effect. After…
Elsevier (Amsterdam, The Netherlands; www.elsevier.com), a leading provider of scientific, technical and medical information products and services, announced today the acquisition of Knovel Corp. (New York; www.knovel.com). Knovel provides a web-based application that integrates technical information with analytical and search…
The S&P index for chemical companies rose 20.9% during 2012, according to data included in the latest Weekly Chemistry and Economic Report from the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com). By comparison, the wider S&P 500 Index finished the…
Technip (Paris, France; www.technip.com) was awarded by The Mosaic Co. (www.mosaicco.com) the front-end engineering and design (FEED) contract, as well as preparation of the corresponding engineering, procurement and construction (EPC) proposal, for a new ammonia plant under consideration by the…
BASF SE (Ludwigshafen, Germany; www.basf.com) will increase its annual global capacity for manufacturing the chemical intermediate 1,6-hexanediol (HDO) by more than 20% to more than 50,000 ton/yr by 2014. For this purpose, the company will further optimize its production processes,…
Clariant AG (Muttenz, Switzerland; www.clariant.com) has signed an agreement to divest its textile chemicals, paper specialties and emulsions businesses to SK Capital, a U.S.-based private investment firm with a focus on the specialty materials, chemicals and healthcare sectors. The divestment…
Metso Corp. (Helsinki, Finland; www.metso.com) has acquired U.S. software company ExperTune Inc. (Milwaukee, Wisc.). ExperTune's products are widely used as software tools to analyze and monitor the performance of industrial processes and to identify the associated maintenance and…
In over two decades since it entered the market, Endress+Hauser Endress+Hauser (Reinach, Switzerland; www.endress.com), a global leader in instrumentation and process automation solutions, has established itself in Indonesia as a supplier of high-quality measuring instruments and solutions. To strengthen this…