Global giants DSM and Firmenich announced to merge forces to form DSM-Firmenich, which would have headquarters both in Switzerland (Kaiseraugst) and the Netherlands (Maastricht). The merger is expected to be finalized in the first half of next year and is anticipated to lead to an organic sales growth of 5% to 7% per year. The […]
Read MoreNestle Health Science expands its product portfolio with the acquisition of Puravida. Puravida is a Brazil-based dietary supplement and nutritional product company which owns a lot of brands across organic, natural, and plant-based foods, as well as clean-label and concentrated supplements. The acquisition will enable Nestle Health Sciences to expand its consumer health product portfolio […]
Read MoreAcquisitions are one of the fastest ways to expand businesses and achieve corporate goals. It is even more visible in the case of the Perstorp Group acquisition by PETRONAS Chemicals Group (PCG). Moreover, PCG has also acquired BRB Group in 2019. With the acquisitions, PCG as well as Perstorp will have a significant gain in […]
Read MoreTo reduce carbon footprint, the role of equipment and process design will undoubtedly play an important role apart from the circularity concept. The collaboration of Mitsui Chemicals Group and Microwave Chemicals establishes an innovative technology to produce Carbon Fiber from PAN which uses ~50% less energy and a significant reduction in processing time. The technology […]
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