Bankrupt Aceto plans chemical disposal
Aceto, a US-headquartered distributor active in the pharmaceuticals, chemicals and related sectors, has entered Chapter 11 bankruptcy and announced plans to sell the chemicals related part of its business.
First bio-PET bottles made
Sustainable technology company Anellotech has announced that it, IFPEN and Axens have processed aromatics from loblolly pine wood feedstock at its TCat-8 pilot plant at Silsbee, Texas, and recovered high-purity bio-based paraxylene (PX), using its Bio-TCat process.
ECHA publishes additives inventory
The European Chemicals Agency (ECHA) has published an inventory of all plastic additives used to date in the EU, describing it as “an important step towards better risk assessment of these substances under REACH and CLP”.
Ineos chairman blasts European regulation
Sir Jim Ratcliffe, founder, chairman and 60% owner of Ineos, has written an open letter to European Commission President Jean-Claude Juncker, lambasting European chemical regulation in general and ‘green taxes’ in particular.
Act now ahead of Brexit, says ECHA
The European Chemicals Agency (ECHA) has published advice on its website about how comp
Charles River to buy CiToxLab
Charles River Laboratories (CRL) has agreed to acquire CiToxLab in a €448 million merger that will create the largest player in the early stage CRO space for the pharmaceuticals industry. The deal is expected to close in Q2, subject to labour consultations, regulatory requirements and customary closing conditions.
Univar to divest Nexeo Plastics
Univar has agreed to sell the plastics distribution of Nexeo Solutions to One Rock Capital Partners. This is expected to close within 1H 2019 and net cash proceeds of about $615 million will be used to pay down debt. Both boards have approved the transaction.
