Lonza Group Ltd., a leading supplier to the pharmaceutical, healthcare and life science industries, and Arch Chemicals Inc., a global biocides company, have signed an agreement in which Lonza will buy 100 percent of Arch Chemicals’ outstanding shares of common stock at a price of $47.20 per share in cash, an enterprise value of $1.4 billion.
Ecology Coatings Inc. has added and upgraded testing and application development equipment in its Akron, Ohio-based laboratory and has hired additional industry sales and product development personnel.
Evonik is donating $50,000 to the American Red Cross Greater Ozarks Chapter to aid those residents impacted by the tornado that devastated the Joplin, MO, area on May 22.
According to a new report from Pike Research, the market for green chemistry represents an opportunity that will grow from $2.8 billion in 2011 to $98.5 billion by 2020.
AkzoNobel has boosted its technology portfolio in sustainable chemistry after agreeing to acquire from Integrated Botanical Technologies (IBT) its patented Zeta Fraction™ technology, which is transforming how plant-based chemistry is used.
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