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AMRI slims down in US, expands in Asia
US-ASIA
AMRI has announced plans to reduce its US workforce by 80 and suspend operations in one of its research laboratory facilities at Rensselaer, New York state.
Here comes the sun
GLOBAL
Some of the world’s leading speciality chemicals companies have announced further investments into the burgeoning solar energy sector.
Albemarle expands on two European fronts
HUNGARY-BELGIUM
Albemarle had two important announcements in the first week of June. As well as the opening of its global shared services centre in Budapest, it revealed that its Fine Chemistry Services (FCS) division is building a new kilo lab at its site in Louvain la Neuve, Belgium.
More value from the verbund for BASF
GERMANY
BASF has started up one new plant and announced plans for two more, all at its main site in Ludwigshafen.
Mallinckrodt Baker sold to private equity firm
US
Irish-based healthcare firm Covidien has sold its Specialty Chemicals business to an affiliate of New Mountain Capital for $280 million in cash following some six moths of discussion.
Chemtura opens Chinese ADC, plans Chapter 11 exit
US-CHINA
Chemtura has opened a new Application Development Centre (ADC) in the Nanjing Economic & Technological Development Zone. This follows on from the recent expansion of the company’s regional headquarters in Shanghai and it is actively recruiting more staff at both sites.