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Isochem owner buys Copperhead

New Jersey-based PMC Group International, a diversified manufacture of chemicals and pharmaceuticals, has acquired Cobra Investments Management from a consortium of previous owners. This includes Copperhead Chemical, which has a 350-hectare site at Tamaqua, Pennsylvania. Terms were not disclosed.

New R&D centre for Kemira

Kemira and its pension fund, Neliapila, have signed a pre-agreement and lease agreement with a consortium of Ahlström Capital, Kirkon Eläkerahasto and Aktia Life Insurance. Under this, they will build a new research centre for Kemira as part of the Green Chemistry Park within a 5.5-hectare site at Espoo, near Helsinki in Finland.

Atotech opens in China and India

Within the space of ten days in mid-March, Atotech announced that its new production site in China and its R&D centre are both fully operational. The company, which is based in Berlin, specialises in advanced electroplating. These developments bring its total network of sites to 17, including eight in Asia.

Raybow to expand US sites

Raybow USA, the North American subsidiary of Chinese pharmaceutical CDMO Raybow Pharmaceuticals, is panning to invest $15.8 million to expand its site at Brevard, North Carolina, over the coming five years. This will triple capacity and add 74 jobs to the existing 24, including research chemists, pilot-plant personnel and supervisors.

Feature article – Biden: What to expect

SOCMA has outlined how it will work with, and the changes it anticipates from, a new administration in the US

With the long drawn-out saga of the 2020 US election finally over and a new administration in place, SOCMA has begun a series of webinars to educate members about what to expect from the Biden administration and its own priorities in engaging with them. The first took place on 25 February.

Evonik in green hydrogen alliance

Evonik is among the seven companies with operations in Germany that have launched the GET H2 alliance, which says that it “aims to create the basis of a European infrastructure for green hydrogen” by 2024. The others are BP, Nowega, OGE, RWE, Salzgitter Flachstahl and Thyssengas.

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