Pharmaceutical CDMO Sterling Pharma Solutions which is based near Newcastle-upon-Tyne, UK, and was formerly owned by Rhodia and Shasun, has acquired Alcami’s facility at Germantown, Wisconsin (pictured). Terms were not disclosed.
Brenntag, the world’s largest distributor of chemicals and ingredients, has unveiled a new two-division operating model under two COOs, which it will operate from January 2021. This is described as part of the ongoing ‘Project Brenntag’ transformation programme.
Umicore has announced plans to streamline its cobalt activities in the Cobalt & Specialty Materials business unit in order to strengthen its competitive position. This will lead to about €55 million in charges.
Lanxess has announced plans to invest “a lower double-digit million euro sum” in order to expand oxone monopersulfate capacity at its site in Memphis, Tennessee, by 50% by the end of 2022. This comes in response to “continuous strong demand for disinfectants”, the company said.
Petronas Chemicals (PCG) has acquired PCC’s 50% stake in its Malaysian unit, PCC Oxyalkylates Malaysia. CEO Datuk Sazali Hamzah called this “another milestone for PCG in our quest to develop the group’s specialty chemicals business segment”.