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Company announces the relocation of its corporate offices and manufacturing operations to a new state-of-the-art facility in Somerset, NJ
10-Jan-2006 - NEI Corporation has moved its U.S. headquarters to a new and expanded facility in Somerset, New Jersey. The expansion was prompted by NEI's growth following a successful year of multiple product introductions and in support of aggressive future plans. The new facility more than doubles the ...
10-Jan-2006 - BASF bought back shares for EUR1,435 million in 2005. A total of 26.06 million shares were bought back last year at an average price of EUR55.05. This corresponds to 4.82 percent of the company's share capital. EUR274 million was related to BASF's 2004 buyback program. Under the EUR1.5 billion ...
09-Jan-2006 - Rhodia announced the signature of a letter of intent with Shasun Chemicals & Drugs Ltd with a view to selling its pharmaceutical custom synthesis business. Jean-Pierre Clamadieu, Chief Executive Officer of Rhodia, said: "This transaction is in line with our announced strategy to refocus the ...
06-Jan-2006 - SCYNEXIS, Inc., a medicinal chemistry-focused drug discovery and development company, has sold its wholly-owned subsidiary in the United Kingdom, SCYNEXIS Europe Limited, to its U.K. management. The new company will operate under the name Selcia Limited. Dr. Hans Fliri, the Managing Director of ...
04-Jan-2006 - BASF Aktiengesellschaft has made an all-cash proposal to acquire all outstanding shares of common stock of Engelhard Corporation, supplier of goods for catalysis and surface finishing, for US$37.00 per share or an aggregate of US$4.9 billion. This price represents a 23% premium above the December ...
04-Jan-2006 - Praxair Distribution, Inc., a subsidiary of Praxair, Inc., has acquired the packaged gas business and facilities of Constar LLC of Norcross, Georgia and its affiliates Airstar Carolina, Airstar Tennessee, Airstar Savannah and Pye-Barker Welding Supply Co. This business includes 10 facilities in ...
03-Jan-2006 - Ranbaxy Laboratories Limited (RLL) announced that the Company's manufacturing plant at Toansa (Punjab, India) received the following 2 prestigious national awards for excellence in water management: National Award for Excellence in Water Management 2005 as an `Excellent Water Efficient Unit' amd ...
02-Jan-2006 - The Celanese Corporation concluded on December 28, 2005 the sale of its common shares in PEMEAS GmbH. The shares were acquired by PEMEAS GmbH. Further details of the transaction were not disclosed. Celanese created the fuel cell joint venture known as PEMEAS GmbH in early 2004 with a consortium ...
29-Dec-2005 - Wyeth Pharmaceuticals, a division of Wyeth and Progenics Pharmaceuticals, Inc. announced that they have entered into an exclusive, worldwide agreement for the joint development and commercialization of methylnaltrexone (MNTX) for the treatment of opioid-induced side effects, including ...
28-Dec-2005 - Mitsui Chemicals, Inc. (MCI) will combine two subsidiaries in Singapore on January 1, 2006 to form a new company Mitsui Phenols Singapore Pte. Ltd. This step reflects MCI's efforts to reinforce its phenol business by integrating operations. One subsidiary is Mitsui Phenols Singapore Pte. Ltd., a ...
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