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Middle East and Africa’s Pharma Economy to Achieve 38.8 Billion Dollars by 2021

MENA: Pharma

Middle East and Africa’s Pharma Economy to Achieve 38.8 Billion Dollars by 2021

08/16/2018 - Based on last year’s sales, Saudi Arabia remains the biggest pharma market in the region followed by Turkey, Egypt and the UAE. Across the MENA region, the total pharma sales have reached 32 billion dollars. read...

Discovery Could Enable Recycling of Non-Recyclable Plastics

Germany: Light-Controlled Molecules

Discovery Could Enable Recycling of Non-Recyclable Plastics

08/15/2018 - A discovery made by Berlin scientists paves the way for the development of novel recycling methods and sustainable materials. Their strategy is based on a molecule, which can drive or reverse specific chemical reactions with light of different colors. read...

Haldor Topsoe to Fully Acquire Ferrostaal Topsoe Projects

Denmark: Acquisition

Haldor Topsoe to Fully Acquire Ferrostaal Topsoe Projects

08/15/2018 - Danish catalyst specialist Haldor Topsoe announced that it was going to acquire full ownership of German Ferrostaal Topsoe Projects GmbH. The acquisition adds project planning and development know-how to the company's portfolio of high-performance catalyst and proprietory technologies for the chemical and refining industries. read...

Toyo Wins Contract for Naphta Cracking Furnaces Project

Japan: Naphta Cracker

Toyo Wins Contract for Naphta Cracking Furnaces Project

08/15/2018 - Toyo Engineering Corporation was awarded an expansion of naphtha cracking furnaces project from Maruzen Petrochemical, which is intended to increase ethylene production at its Chiba plant. read...

Sabic and Nottingham Spirk to Cooperate On Development of New End-User Products

Saudi Arabia: Thermoplastics

Sabic and Nottingham Spirk to Cooperate On Development of New End-User Products

08/14/2018 - By investing in new applications and methods of collaboration, Sabic intends to expand its activities across the industry value chain. As part of this, the company's specialties business announced that it is accelerating its efforts to create end-user market pull by engaging with Nottingham Spirk — a business innovation and product design firm based in Cleveland, Ohio, USA. read...

Indorama Ventures Enters Contract to Acquire Sorepla

France: Plastic Recycling

Indorama Ventures Enters Contract to Acquire Sorepla

08/14/2018 - With this deal, Indorama aims to expand its PET Recycling business and become one of the leaders in the European region. The acquisition will also attract new opportunities to serve the increasing demand for food grade RPET. read...

PTT Global Chemical Signs JV Agreements with Mitsui Chemicals

Thailand: PET and PTA Business

PTT Global Chemical Signs JV Agreements with Mitsui Chemicals

08/14/2018 - Under the contract, PTT Global Chemical will supply feedstock Paraxylene while Tocgc will supply Mono Ethylene Glycol, both essential raw materials for PTA and PET. On the other hand, Mitsui Chemicals will offer technology know-how, technical support as well as marketing and sales network. read...

Dr. Klaus Moosmayer Selected as Novartis’ Chief Ethics Risk and Compliance Officer

Switzerland: Pharma Appointment

Dr. Klaus Moosmayer Selected as Novartis’ Chief Ethics Risk and Compliance Officer

08/14/2018 - With this appointment, Dr. Moosmayer will replace Shannon Thyme Klinger who was recently appointed Group General Counsel of the company. He is expected to commence operations from December 1, 2018. read...

Gea's ABF Technology Receives FDA Clearance

Aseptic Beverage Bottling

Gea's ABF Technology Receives FDA Clearance

08/13/2018 - The US Food and Drug Administration (FDA) awarded Gea a letter of no objection (Lono) for its ABF 1.2 technology, an integrated blowing, filling and capping solution featuring a fully aseptic rotary blowing machine. It is the only system equipped with a 100 % aseptic blower that is allowed to produce shelf-stable low acid (LA) beverages free from preservatives for distribution at ambient temperature in the US market. read...

Positive Environmental Assessment Report for Velocys' Planned Biorefinery

USA: Biofuels

Positive Environmental Assessment Report for Velocys' Planned Biorefinery

08/13/2018 - Velocys announced that the US Department of Agriculture (USDA) has issued a Finding of No Significant Impact (Fonsi) on the environmental assessment report for Velocys’ planned Bayou Fuels biorefinery in Natchez, Mississippi. read...

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