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January 9, 2013
Foster Wheeler AG (Zug, Switzerland: www.fwc.com) has acquired Yonkers Industries, Inc. (Cary, N.C.; www.yonkersindustries.com), a 30-year-old firm that specializes in the management of construction and commissioning of pharmaceutical and biotech facilities, with capabilities to also manage the full EPCm (engineering, procurement and construction management) of such facilities. With offices in...
January 8, 2013
Lonza (Basel, Switzerland; www.lonza.com) plans to invest CHF14 million (about $15 million) to expand Antibody Drug Conjugate (ADC) manufacturing capacity in Visp, Switzerland. Oncology therapeutics including ADCs represent one of the fastest growing segments of the pharma and biotech industry and the deployment of ADC targeted therapies has intensified in recent years. Because cGMP manufacturing of...
January 7, 2013
Eurecat S.A. (La Voulte-Sur-Rhone, France; www.eurecat.fr) and Tricat Industries Inc. (Tricat; McAlester, Okla.) are pleased to announce that Eurecat has just acquired all of the outstanding shares of Tricat, under the terms of a Merger Agreement, with immediate effect. After the merger, Tricat will be renamed Eurecat Services Inc., an Oklahoma corporation, fully owned by Eurecat S.A...
January 7, 2013
Elsevier (Amsterdam, The Netherlands; www.elsevier.com), a leading provider of scientific, technical and medical information products and services, announced today the acquisition of Knovel Corp. (New York; www.knovel.com). Knovel provides a web-based application that integrates technical information with analytical and search tools to drive innovation and deliver answers engineers can trust. Founded in...
January 3, 2013
BASF SE (Ludwigshafen, Germany; www.basf.com) will increase its annual global capacity for manufacturing the chemical intermediate 1,6-hexanediol (HDO) by more than 20% to more than 50,000 ton/yr by 2014. For this purpose, the company will further optimize its production processes, carry out various infrastructure projects and enhance its logistical processes. BASF will invest more than...
January 2, 2013
Metso Corp. (Helsinki, Finland; www.metso.com) has acquired U.S. software company ExperTune Inc. (Milwaukee, Wisc.). ExperTune's products are widely used as software tools to analyze and monitor the performance of industrial processes and to identify the associated maintenance and improvement opportunities. ExperTune's acquisition is in line with Metso's strategy to deliver customer...
December 21, 2012
BASF SE (Ludwigshafen, Germany; www.basf.com) has signed a contract with Atlas Copco to sell its Meyco Equipment business providing concrete spraying machines to the tunneling and mining industries. The machinery manufacturer, which is based in Stockholm, Sweden, will continue operations at the only production site of Meyco Equipment in Winterthur, Switzerland. Currently, about 40 employees work in the...
December 20, 2012
Evonik Industries AG (Essen, Germany; www.evonik.com) plans to increase its annual production capacities for precipitated silica at its site in Chester, Pa. by around 20,000 metric tons. The new facility, which received an investment in lower double-digit euros range, is scheduled to become operational in 2014. The capacity expansion in Chester underscores the plans of the Evonik Group to expand its global...
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