German fine chemicals company Saltigo is benefiting from a cash
injection from its parent company, Lanxess. The German firm is
earmarking €30m for plant modernisation at its subsidiary, and a
€10m brand new multi-purpose facility...
Europe's fine chemical suppliers cannot beat their Asian
competitors in their own game and must seek an advantage through
restructuring, innovation and specialisation in niche markets, a
new report by Frost & Sullivan advises.
Despite hurdles such as manufacturing overcapacity, limited drug
approvals and intense competition from Asian companies, a new
report from market research analysts Frost & Sullivan predicts
revenues in the North American fine...
Hopax Fine Chemicals is building a new facility in Kaohsiung,
Taiwan, in a move to raise current production capacity by five
folds and become one of the top providers for biological buffers
and specialty chemicals for the pharmaceutical...
Lanxess is to transform its fine chemicals business out into a
legally-discrete subsidiary as part of a programme to increase its
competitiveness in the market for pharmaceutical and agricultural
chemicals, reports Phil Taylor.
German chemicals giant BASF reported strong earnings increases
across the board yesterday, helped by pricing increases. The
companies activities in pharmaceuticals, part of its chemicals and
fine chemicals units, also did well, report...