Royal DSM announces it is futureproofing and expanding the capacity of its high-performance materials compounding plant in Evansville, Indiana, USA. With the investment, DSM will enhance the site to produce the next generation of advanced materials, including bio-based thermoplastics. The project is expected to be completed in Q3 2021. The extensive modernization and expansion of the site is being...
Stand applications for Asia Fruit Logistica 2020 are closing soon, and exhibitors looking to secure their space at the must-attend event on Asia’s fresh produce calendar are advised to register by 28 February. Any applications received after this date are accommodated on a first come, first served basis. Asia Fruit Logistica heads to Singapore for the first time this year, moving from its...
Syntegon Technology, formerly Bosch Packaging Technology, contributes its vast packaging and processing expertise to the European initiative Ceflex to foster a circular economy for flexible packaging. As a leading consortium of companies and associations representing the entire value chain of flexible packaging, Ceflex aims to establish a collecting, sorting and reprocessing infrastructure...
Sanofi Pasteur, the vaccines global business unit of Sanofi, will leverage previous development work for a Sars vaccine which may unlock a fast path forward for developing a Covid-19 vaccine. Sanofi will collaborate with the Biomedical Advanced Research and Development Authority (Barda), part of the Office of the Assistant Secretary for Preparedness and Response, expanding the company’s long...
Specialty chemicals suppliers are likely to face less pressure on their credit quality than integrated or bulk suppliers, which are exposed to more commoditised products. Credit quality could improve if economic growth does not slow too drastically. In the coming year, Scope sees half a dozen main trends for chemicals companies. “Integrated chemicals players will remain vulnerable to slowing...
Informa Markets is postponing the inaugural FHA-Food & Beverage event to a later date due to global travel concerns in light of the latest developments regarding the Novel Coronavirus (COVID-19) situation. The event was originally scheduled to take place from 31 March - 3 April 2020 at Singapore Expo. Prowine Asia 2020 in Singapore, held alongside FHA-Food & Beverage, co-organised by Messe...
Ascend Performance Materials, the largest fully integrated producer of polyamide 66 resin, signed an agreement to purchase Poliblend and Esseti Plast GD from D’Ottavio Group. The acquisition includes a manufacturing facility in Mozzate, Italy, the masterbatch portfolio of Esseti Plast GD and the engineering plastics portfolio of Poliblend, which consists of virgin and recycled grades of PA66, PA6...
At Hannover Messe in Germany, held from 20 to 24 April 2020, Arburg will be demonstrating its expertise in digitalisation, sustainability and production efficiency in plastics processing. The focus of the machine manufacturer's trade fair presentation (Stand C48 in Hall 23) is on the potential offered by lightweight construction in terms of resource efficiency and CO2 footprint. Two economical and...
The credit outlook for the pharmaceutical sector in 2020 remains stable. Successful innovation is underpinning strong growth in an industry which benefits from powerful secular trends - ageing populations and more affluent lifestyles. Scope Ratings says that some potential threats to the industry’s growth are also receding, most notably the “patent cliff": expiring blockbuster-drug patents are...
As part of its strategy to foster the additional growth of its Specialties business, and to provide outstanding service to its customers in Asia Pacific, Sabic has named DKSH as a key distribution partner, serving Sabic customers for specialty engineering thermoplastics in Greater China, South Korea, and Southeast Asia. This collaboration involves Sabic’s complete portfolio of specialty materials...
