Grace Matthews, Inc. and the shareholders of Ritus Corporation, including its subsidiary Classic Molding Company, and Vanseal Corporation (collectively, VRC Holdings Inc., or “VRC”) are pleased to announce the sale of VRC to Blue Point Capital Partners (“Blue Point”). VRC will continue to be led by the current management team, including President Tom Gebhardt. Financial terms of the transaction were not disclosed.
Lonza reported continued positive momentum in its core healthcare businesses in the first six months of 2019. This has driven 6.4% sales and 7.7% CORE EBITDA growth for the group, resulting in a CORE EBITDA margin of 27.8%. Based on H1 2019 results, Lonza confirms the Full-Year 2019 outlook of mid-to-high single-digit sales growth and a sustained CORE EBITDA margin.
Lonza today announced the start of expansion to its bioconjugation facility in Visp, Switzerland together with the successful commercial approval of a third antibody-drug-conjugate (ADC) produced at the site.
Welcome to the new SOCMA! The association today unveiled its new modern brand that clearly focuses on its members and how SOCMA provides solutions for a dynamic specialties industry.
FAR Chemical, a leader in scaling up and manufacturing multi-step chemical syntheses and handling highly active materials, announced today that it will expand its Palm Bay, Florida facility. FAR specializes in fine and specialty chemicals such as brominated compounds, organometallics, pyrophoric materials, and the distribution of trimethylchlorosilane.
H.B. Fuller Company (NYSE: FUL) announced today that it has signed an agreement to sell its surfactants, thickeners and dispersants business to Tiarco, LLC (“Tiarco”), a wholly owned subsidiary of Textile Rubber and Chemical Company, Inc., for $71 million.
Arlington, VA - Innovation and commercialization of the next generation of opportunities in single-use processing and cell therapies is a key focus of the Bio-Process Systems Alliance (BPSA) 9th Annual International Single-Use Summit, July 22-24, at the Four Seasons Hotel in Washington, DC.
Cincinnati, OH – Pilot Chemical Company has been awarded a Top Workplaces 2019 honor by The Cincinnati Enquirer. The list is based solely on employee feedback gathered through a third-party survey administered by research partner Energage, LLC, a leading provider of technology-based employee engagement tools. The anonymous survey measures several aspects of workplace culture, including alignment, execution, and connection, just to name a few.
I recently had discussions with downstream industry trade groups representing companies to whom many of our members supply ingredients and intermediates -- HCPA (Household and Consumer Products Association) and ACI (American Cleaning Institute) -- on issues impacting their members which could also impact SOCMA members (their suppliers) and possible forced disclosures of chemical formulations.
Arlington, VA – The Society of Chemical Manufacturers & Affiliates (SOCMA) has published the 2019 edition of its TSCA manual, TSCA Compliance: A Company Guide, to serve as an industry resource for companies looking to develop and implement a site-specific TSCA compliance program.