Business Digest
The acquisition of Jinan Fertiliser, located in Tai’an City, China, by Chinese producer of non-precipitated calcium carbonate and coal-based products Shengda Tech, based in Shandong Province, has been...
China & the Asian challenge
The migration of automotive and electronics production and markets to Asia presents a major challenge for the European chemical industry. According to Bruno Rudnik, senior consultant and deputy chief ...
Electronics & electrical
In the global electrical and electronics market, production roughly equals volume, and each stood at around €2,600bn in 2007, according to Andreas Gontermann, chief economist at the German Electrical ...
Business Digest
Neil Eisberg Swiss pharma major Novartis saw net sales rise by 11% in 2007 to reach $39.8bn resulting in a 66% increase in net income to $12bn. The figures include contributions from Medical Nutrition...
Companies, technology & environment
US chemical giant Dow Chemical and Petrochemical Industries, a wholly-owned subsidiary of Kuwait Petroleum, have signed a joint venture formation agreement covering the creation of their previously an...
Companies, technology & environment
US agribusiness Monsanto recorded record full year sales at $11.4bn, up from $8.3bn in 2007, to give a net income of $2.0bn, up from $993m in 2007. The results were boosted by record net Q4 sales of $...
Companies, technology and environment
German chemicals major BASF has acquired the Belgian company Recticel’s worldwide compounds business for polyurethane (PU) systems for glass encapsulation including Recticel’s Colofast aliphatic light...
Companies, technology & environment
Neil Eisberg Albemarle Chemicals, a subsidiary of US chemical major Albemarle, is selling its manufacturing facility in Port-de- Bouc, France, to German investment group International Chemic...
Business Digest
Neil Eisberg US pharma firm Aida Pharmaceuticals has acquired one of China’s top microbiology research institutes, the Jiangsu Institute of Microbiology, located in Wuxi city, Jiangsu province, throug...
Business Digest
Neil Eisberg Swiss specialty chemical business Clariant saw sales increase 5% to reach CHF 8.5bn in 2007, compared to CHF 8.1bn in 2006, to give a net income of CHF 5m, compared to a loss of CHF 78m...