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Brother Enterprises to acquire Lanxess chrome chemicals business for $93m

Brother Enterprises to acquire Lanxess chrome chemicals business for $93m

Lanxess, a US-based specialty chemicals company, has signed an agreement to sell its chrome chemicals business Lanxess CISA to Chinese leather chemicals producer Brother Enterprises for €83.05 million ($93.06 million). The chrome chemicals business, which belongs to the Lanxess Leather business unit, generates annual sales of around €100 million. Brother Enterprises will acquire Lanxess’s two […]

McDermott wins contract for PetroLogistics propane dehydrogenation plant

McDermott wins contract for PetroLogistics propane dehydrogenation plant

McDermott International has received a front-end engineering design (FEED) contract from PetroLogistics ll LLC for a propane dehydrogenation plant (PDH plant) in the US Gulf Coast. The contract, valued between $1 million and $50 million, will include the development of a propane dehydrogenation plant. The plant with a design basis of 500,000-tonne per year is […]

Jazz Pharmaceuticals acquires Cavion, developer of essential tremor drugs

Jazz Pharmaceuticals acquires Cavion, developer of essential tremor drugs

Jazz Pharmaceuticals acquisition of Cavion : Irish pharma company Jazz Pharmaceuticals has acquired US-based clinical-stage pharma company Cavion, a developer of essential tremor drugs, in a deal worth up to $312.5 million as per the latest pharma acquisition news. Based in Cambridge, Massachusetts, Cavion is engaged in developing therapies aimed at regulating the T-type calcium […]

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Zeno Nutrition adds three new flavors to ZenoBar

Zeno Nutrition adds three new flavors to ZenoBar

Zeno Nutrition has added three new flavors to its range of low net-carb keto bar – ZenoBar in the form of  Strawberry Nut, Almond Nut, and Cocoa Chip, as per the latest food product launch news. The new ZenoBar flavors are packed with a selection of nuts and seeds while the ultra-low net carbs and […]