892 results found
AstraZeneca buys Alexion for US$39bn
ASTRAZENECA has agreed to buy US biotech firm Alexion for US$39bn in a move that will expand its foothold in immunology treatments.
Type: News
INEOS expands North Sea oil and gas operations
INEOS will move into deep water oil and gas exploration, after agreeing to buy a majority stake in two Northern Gas Fields exploration licences.
Type: News
Mondi agrees £5bn deal for DS Smith in bid to create packaging heavyweight
MONDI has agreed to buy rival DS Smith for £5.1bn (US$6.5bn) in a deal which will create one of the world’s largest paper and packaging companies.
Type: News
Air Products buys Shell’s coal gasification business
AIR PRODUCTS has agreed a deal to buy Shell’s coal gasification technology business and its patent portfolio for liquids (residue) gasification.
Type: News
Merck to acquire Prometheus Biosciences for US$10.8bn
MULTINATIONAL pharmaceutical company Merck will buy Prometheus Biosciences for about US$10.8bn, a move the firm said would help accelerate its growing presence in immunology.
Type: News
Saudi Aramco set to take 70% stake in SABIC
SAUDI Aramco has agreed to buy a 70% stake in SABIC for US$69.1bn. It is part of national plans to integrate and develop downstream chemicals production and fund a wider economic shift that will reduce Saudi Arabia’s reliance on oil.
Type: News
Veolia agrees deal for Suez, merging world’s largest water firms
VEOLIA has agreed a deal to buy its rival Suez, ending a fraught takeover battle that merges the world’s two largest water and wastewater companies.
Type: News
Chevron set to become fourth ultramajor with US$33bn buyout of Anadarko Petroleum
CHEVRON has agreed to buy Anadarko Petroleum for US$33bn, propelling it into the position of fourth ‘ultramajor’ and the largest producer in the fast-growing US Permian Basin, and the Gulf of Mexico.
Type: News
Companies eye Britishvolt site in the wake of company collapse
UK battery firm Britishvolt has received interest from more than a dozen companies looking to buy its Northumberland, UK factory site, after last minute talks to save the company failed. The company was forced into administration earlier this week.
Type: News
Solvay starts rare earths production but future expansion relies on manufacturers buying local
SOLVAY has expanded production of European rare earths and said customers must now buy local before it invests any further to help the EU reduce its reliance on China
Type: News
TotalEnergies UK snaps up gas-fired power plant in £450m deal
TOTALENERGIES has struck a deal with US investment firm EIG to buy out all shares of its UK power producer, West Burton Energy, in a deal worth £450m (US$574m).
Type: News
Woodside to become ‘global LNG powerhouse’ with US$900m Tellurian acquisition
AUSTRALIAN energy company Woodside aims to become a ‘global LNG powerhouse’ following its agreement to buy Tellurian for $900m, a deal that will more than double its existing output.
Type: News
US Steel to be bought by Japan's Nippon in US$15bn deal
NIPPON, the fourth-largest steelmaker in the world, has agreed to buy US Steel for US$14.9bn. The acquisition would create one of the world's biggest steel companies outside of China, and would end the independence of one of America’s oldest industrial enterprises.
Type: News
Chesapeake set to become largest player in upstream US gas supply after acquiring Southwestern
AMERICAN exploration and production company Chesapeake has agreed to buy Southwestern Energy in a US$7.4bn all-share deal. The combined firm will overtake EQT as the largest independent natural gas producer in the US by output and market value, said Reuters.
Type: News
Lego building for a greener future as it increases sustainable feedstocks
THOSE LEGO bricks you buy for your children (or sometimes yourself) are on their way to becoming more sustainable with the toymaker announcing that 22% of all its plastics are now made from sustainable materials. Though like the upturned unseen Lego in your carpet, the journey towards making billions of bricks sustainable has not come without some painful steps along the way.
Type: News
Wood gets contract for green ammonia facility
WOOD has announced that it will provide conceptual engineering for a large-scale green hydrogen production facility in Chile, where the hydrogen will be used to produce ammonia.
Type: News
Blood-testing 'disruptor' charged with fraud
THE CEO and former-president of Theranos – a company which claimed to have developed technology that would revolutionise blood testing – have been charged with “massive fraud”.
Type: News
Dominican officials accuse plastics company of causing explosion that killed 31 people
AUTHORITIES in the Dominican Republic are pursuing a criminal case against a plastics company following a powerful explosion that killed at least 31 people. Officials have said it could take months to identify some of the victims.
Type: News
Frances Arnold awarded ACS ‘highest honour’
NOBEL prize-winning chemical engineer Frances Arnold has been handed the American Chemistry Society’s (ACS) “highest honour” for her contributions to chemistry.
Type: News
NTU Singapore launching hybrid chemeng-chemistry course to fill skills gap
IN AN EFFORT to produce graduates with chemical engineering and chemistry skillsets, Nanyang Technological University (NTU) in Singapore is launching a new course in process engineering and synthetic chemistry.
Type: News
