Gains in biologicals are helping to offset huge market share for generics. Gregory Morris reports from Savannah
It was all business at the Specialty & Agro Chemicals America conference on 19-22 June, in the new venue of Savannah, Georgia. Exhibitors said that there was “a high level of energy at the show,” and this extended to the programme presentations.
During its Q2 results presentation, Chemours announced a decision to close its Kuan Yin TiO2 manufacturing facility in Taiwan (pictured). The firm described this as “part of a comprehensive strategy to improve the earnings quality of TT – producers of the popular Ti-Pure brand – by optimising its manufacturing circuit”.
CDMOs Axplora and Flamma have both made announcements about investments in flow chemistry, with the former completing the installation of a new cGMP pilot unit at Leverkusen, Germany, and the latter investing about $2 million in flow, starting with the installation of a new suite of equipment from Microinnova at Chignolo D’Isola, Italy.
The US Bankruptcy Court for the Southern District of Texas has confirmed Venator Materials’ Plan of Reorganisation, ten weeks after the company filed for Chapter 11. Under this, it will complete a comprehensive restructuring that will see nearly all of its funded debt converted to equity while leaving trade obligations unimpaired.
The independent Science-Based Targets Initiative (SBTi) has confirmed that Evonik’s greenhouse gas emission reduction targets are in line with the Paris Agreement on Climate Change. This seeks to limit global warming to well below 2°C.
LBB Specialties, a Connecticut-based distributor of speciality chemicals and ingredients distribution in North America, is to restructure its go-to-market strategy through five industry verticals by the end of the year. These are: Care (formerly Personal Care), Food & Nutrition, Industrial Specialties (formerly Advanced Materials, Life Sciences and LBBS Canada (formerly Debro).
DC Fine Chemicals has laid the first stone at its new €7 million headquarters in Terrassa, Spain. This comprises a 3,050 m2 building on a 7,300 m2 site, which will allow for total storage without the need for external warehouses and capacity of up to 1,900 pallets on seven levels, compared to the 900 in the former warehouse.
