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Latest News: Business

Dow announces divestiture of Morton Salt

The Dow Chemical Co. (Dow; Midland, Mich.; www.dow.com) has announced that Rohm and Haas, a wholly owned subsidiary of Dow, has entered into a definitive agreement to sell the stock of Morton International, Inc., the salt business of Rohm and…

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Lonza awarded ‘Potent Compound Safety Certification’

Lonza Group Ltd.’s (Basel, Switzerland; www.lonza.com) facility for antibody drug conjugates (ADC) in Visp, Switzerland, was recently certified by SafeBridge Consultants, Inc. (Mountain View, Calif.; www.safebridge.com) as competent and proficient in the safe handling of highly potent active pharmaceutical ingredients…

NOAA raises flame-retardants concern to U.S. coastal ecosystems

NOAA (National Oceanic and Atmospheric Administration; www.noaa.gov) scientists, in a first-of-its-kind report issued today, state that polybrominated diphenyl ethers (PBDEs), chemicals commonly used in commercial goods as flame retardants since the 1970s, are found in all U.S. coastal waters and…

Dow completes acquisition of Rohm and Haas

The Dow Chemical Co. (Midland, Mich.; www.dow.com) announced that it has completed its acquisition of Rohm and Haas, following a high-profile legal dispute over Dow's January 23rd decision not to close the deal once the appropriate regulatory approvals were in…

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Siemens acquires Elan Software Systems

Siemens Industry Sector (Erlangen, Germany; www.siemens.com/industry) is expanding its industrial portfolio by acquiring Elan Software Systems SA (Toulouse, France), an international software supplier for Manufacturing Execution Systems (MES) in the pharmaceutical and biotech industries. This step will enable Industry Automation…

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Altana acquires additives business of DyStar group

The specialty chemicals Group Altana AG (Wesel, Germany; www.altana.com) has acquired the high-performance additives business of the Frankfurt based DyStar group effective as of March 30, 2009. The acquired business with annual of sales of about €7.5 million will be…

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IPS provides Waha Oil with technology upgrades

Invensys Process Systems (IPS; London; www.invensys.com), a global technology, software and consulting firm, today announced that it has signed a multi-million dollar contract with Waha Oil Company, a Libya-based oil producer, to provide comprehensive automation upgrades at the company’s oil…

Online video illustrates operating principles of gas, mass-flow controller

Sierra Instruments (Moneterey, Calif; www.sierrainstruments.com) has released a new online animated video, entitled “Precise Gas Flow Measurement: The Sierra Way.” This short three-minute educational video explains the operating principle of Sierra’s capillary thermal technology. Said to be the first of…

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Siemens to supply power and water for the UAE

Siemens Energy Erlangen, Germany; www.siemens.com/energy) has secured an order from Abu Dhabi for construction of the Shuweihat II combined cycle power plant with integrated seawater desalination facility. The company will build the plant as a turnkey project together with the…

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Linde to supply gases to PV plant in Erfurt

The Linde Group (Munich, Germany; www.linde.com) has been awarded a long-term contract to supply all the gases for next-generation thin-film photovoltaic (PV) module production at Masdar’s manufacturing site in Erfurt, Germany. Under the turnkey contract, Linde will provide a complete…