Asia naphtha gains 6% month on month; demand to sustain

icis | April 03, 2019

Asia’s naphtha prices were underpinned by consistent end-user demand, which is expected to prevail in the near term. n early trade on Wednesday, open-spec naphtha prices for second-half May delivery stood at $573.75/tonne CFR (cost and freight) Japan, up by $6.25/tonne from the previous day’s close, according to ICIS data. Spot prices were up by some 6% in comparison with month-earlier levels, ICIS data showed. Naphtha prices tracked gains in global crude oil futures, to which the petrochemical feedstock is closely related. At midday, ICE Brent June crude oil futures were up 33 cents at $69.70/bbl, shrugging off inventory data that showed a rise in US crude oil stocks.

Spotlight

VIO Chemicals is a Swiss-based chemical company specialising in custom design and production of specialty chemicals, intermediates and Active Pharmaceutical Ingredients (APIs). The company offers a complete range of services, from process and product research and development to quality control and production in commercial quantities.

Spotlight

VIO Chemicals is a Swiss-based chemical company specialising in custom design and production of specialty chemicals, intermediates and Active Pharmaceutical Ingredients (APIs). The company offers a complete range of services, from process and product research and development to quality control and production in commercial quantities.

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CHEMICAL TECHNOLOGY

USA DeBusk Acquires Farr Front Chemical Services

USA DeBusk | September 09, 2021

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CHEMICAL MANAGEMENT

Solvias acquires Chemic Laboratories In Order to Establish a Laboratory Presence in the United States and Expand Testing Services

Chemic Laboratories, Solvias AG | June 18, 2021

Solvias, one of the biggest independent analytical testing, contract research, development, and manufacturing companies, announced today the acquisition of Chemic Laboratories, Inc., headquartered in Canton, Massachusetts (Chemic). Solvias gains a solid footing in the United States and highly complementary laboratory testing capabilities as a result of this acquisition. Based in Boston's biopharmaceutical sector, Chemic increases Solvias' global footprint and offers integrated testing and analytical services. Solvias and Chemic, as one organization: support 650+ pharmaceutical corporations, biotech businesses, emerging ATMP companies, as well as a medical device and cosmetics companies; operate nearly 225,000 square feet of laboratory space in Switzerland, France, and the United States in accordance with the highest industry standards, including ISO, cGMP, and GLP; offer an extensive suite of analytical services including chemical and physical characterization, quality control, microbiology, and cell biology testing and stability testing; provide combined areas of strengths in synthesis, catalysis, and extractable and leachable testing; employ more than 600 people possessing deep scientific and technical expertise, with a significant number holding advanced academic degrees. Chemic is Solvias' first acquisition since establishing a strategic partnership with Water Street Healthcare Partners and JLL Partners in June 2020. Since then, Solvias has recruited industry heavyweights to its board of directors and begun a program to significantly upgrade and extend its information technology platform and infrastructure in preparation for future global expansion. The company is looking for organic investments and acquisitions to develop specialized capabilities to help clients in the growing areas of biologics and cell and gene therapies. The acquisition's financial terms are not being disclosed. About Chemic Laboratories Chemic Laboratories is a full-service FDA-registered and DEA licensed, cGMP/GLP contract chemistry organization (CCO). Founded in 1998, Chemic offers unparalleled contract analytical, API synthesis, and formulation development to the pharmaceutical, biotech, and medical device industries. The company provides these services through a strategically designed and highly technical facility equipped with state-of-the-art instrumentation. About Solvias AG Solvias is a world leader in contract research, development, and manufacturing. The industries the company serves include pharmaceuticals, biotech, emerging ATMP companies, medical device, and cosmetics. Headquartered near Basel, Switzerland, Solvias employs more than 600 highly qualified team members who work together to understand their customers' needs. Solvias takes pride in delivering innovative solutions that meet the highest quality standards. Solvias develops, analyzes, and tests a wide range of biological and chemical substances and products with its excellent infrastructure and unrivaled expertise. The company also offers one of the largest proprietary ligand portfolios for catalytic transformations and a suite of related custom synthesis and catalysis technology services. Drawing on its well-established scientific expertise and proven track record, Solvias provides integrated services, products, and technologies to help its customers bring safer and better products to market faster.

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CHEMICAL TECHNOLOGY

Addressing the Plastic Polution Crisis With Chemistry and AI

University at Buffalo | November 30, 2020

Plastic contamination is among the world's most squeezing ecological issues, undermining drinking water, untamed life, food supplies and then some. To address this multifaceted issue, UB scientists are building up a novel arrangement of apparatuses that plan to diminish plastic waste and decline the creation of plastic. This incorporates a mechanical framework that depends on AI and different advancements to independently improve its capacity to sort plastics, just as ecologically capable solvents and new chemistries that separate plastics to make them simpler to reuse. "Not exclusively is this work fundamentally critical to our planet, it likewise adds to the nation's serious assembling capacities. It will help satisfy both buyer need for and corporate duties to joining reused plastics into business items," says Paschalis Alexandridis, UB Distinguished Professor in the Department of Chemical and Biological Engineering, who is driving the multidisciplinary exertion. The venture is upheld by a four-year, $2 million award the U.S. Public Science Foundation (NSF) granted UB this fall. It expects to improve the country's plastic reusing endeavors, which have been obfuscated since China reduced plastic waste bringing in 2017 with its "Public Sword" strategy. It likewise incorporates public effort techniques, for example, enrolling understudies underrepresented in STEM (science, innovation, designing and math) fields.

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