Tags: SOCMA Member News
Strem Chemicals, Inc., is pleased to announce it has been recognized for its efforts in improving environmental, health, safety and security (EHS&S) at its Newburyport, MA, facility by the Society of Chemical Manufacturers & Affiliates (SOCMA), the leading trade association representing specialty chemical manufacturers.
Cambrex Corporation, the leading small molecule company providing drug substance, drug product and analytical services across the entire drug lifecycle, today announced changes to its management team and Board of Directors to accelerate growth and further operational excellence, building upon its trusted reputation for the highest quality pharmaceutical development and manufacturing capabilities.
We’re excited to announce that DanChem, a portfolio company of Edgewater Capital, was awarded a Silver – Stakeholder Communications by The Society of Chemical Manufacturers & Affiliates (SOCMA) in their 2019 Performance Improvement Awards. SOCMA is the only U.S.-based trade association dedicated solely to the specialty chemical industry, making them the leading authority on this sector.
The Society of Chemical Manufacturers & Affiliates (SOCMA) just wrapped up its inaugural SOCMA Week in New Orleans and is pleased to announce that 13 companies have joined the innovative community of specialty and fine chemical manufacturers, distributors and service providers in the second half of 2019.
MFG Chemical, a global leader in specialty and custom chemical manufacturing, has added to its domestic and international customer service and logistics staff.
Lonza today announced an extension to its partnership with Genmab to cover preclinical and clinical development and manufacturing for a significant portion of Genmab’s pipeline. Lonza’s Ibex Solutions in Visp (CH) is designed to provide Genmab with the flexibility and speed they need to take their candidates towards IND and commercialization.
Water Science Technologies (WST), a leading blender andchemical solutions provider, announced today that is has been acquired by Chemicals Group (Italmatch), a global specialty chemical group focused on the production and marketing of performance additives for water & process treatment, oil & gas, industrial lubricants and plastics. Grace Matthews, Inc. advised Water Science Technologies on this transaction.
Meridian Adhesives Group ("Meridian") announced the acquisition of Epoxies, Etc. (“Epoxies”), a leading resin formulator of epoxies, urethanes and silicones. Arsenal Capital Partners ("Arsenal") created Meridian in 2018 as its platform in the global adhesives and sealants sector, focusing on high-value adhesives technologies.
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.