News

AI entrepreneur and inventor, Babak Hodjat

Cognizant announced the launch of an Advanced Artificial Intelligence (AI) Lab. Based in San Francisco, the lab will focus on advancing the science and practice of AI through innovation and development of intellectual property and AI-enabling technologies. With a team of researchers and developers, including AI...

Women picking coffee beans

In 2023, Nestlé achieved a net reduction of 13.5 percent in its greenhouse gas (GHG) emissions compared to its 2018 baseline, while continuing to grow its business over the same period. This includes a reduction of more than 15.3 percent in methane emissions. The company has successfully decoupled its growth from its...

Rentschler Biopharma currently produces eight biopharmaceuticals for pharmaceutical clients

In 2023, 55 new drugs were approved by the Center for Drug Evaluation and Research of the US Food and Drug Administration (FDA). These included 17 biopharmaceutical drugs. Rentschler Biopharma was involved in the development of four of these biopharmaceuticals, i.e. almost 25 percent of the approvals in this area....

BASF's Monomers division is developing sustainable alternatives for every major product line, for example Lupranate Zero, the first bio-based certified MDI on the market with no carbon footprint

Just one year after announcing its ambitious "Sustainability Roadmap", BASF's Monomers division is celebrating the successful certification of production sites in all regions where it is represented. With the addition of MDI production in Geismar, Louisiana/USA to the ISCC Plus and Redcert2 certified sites, the...

Remo Steenbergen, new CFO Sandoz

The Board of Directors of Sandoz announced that it will nominate Mathai Mammen, M.D., Ph.D., and Michael Rechsteiner for election to the Board at the Annual General Meeting on April 30, 2024. At the same time, Sandoz announced that Remco Steenbergen, currently a member of the Sandoz Board of Directors, will become a...

BASF Headquarters Ludwigshafen

BASF has expanded its partnership with chemical distributor Oqema for the BASF standard amines portfolio excluding ethanolamines in the UK and Ireland from the beginning of 2024. The two companies, which have been working together successfully in Germany and Eastern Europe for more than two decades, are now joining...

Perstorp launches new Penta plant in India

Swedish speciality chemicals company Perstorp has built and commissioned a state-of-the-art, ISCC Plus certified plant in western India to meet the growing market demand for penta chemicals. Located in Sayakha, Bharuch, in the state of Gujarat, the plant was ceremonially inaugurated on 20 February 2024. “This is the...

Freudenberg opens new production facility in Parets del Vallès

Freudenberg Sealing Technologies has inaugurated its new state-of-the-art production facility in Parets del Vallès near Barcelona. The fully carbon-neutral plant, dedicated to manufacturing automotive components, is boosting its production capacity by 15 percent. Therefore, the company has invested more than €11...

Solar Park

The energy supplier Vattenfall and the specialty chemicals company Evonik have concluded new long-term electricity supply contracts. From 2025, two Vattenfall solar parks in Schleswig-Holstein will supply Evonik with around 120 gigawatt hours of solar power per year for chemical production. The contracts have a term of...

IFR Top 5 Robot Trends 2024

The global stock of industrial robots has reached a new record of around 3.9 million units. The strong demand is being driven by a number of exciting technological developments. The International Federation of Robotics has summarised the most important trends that will shape robotics and automation in 2024. “The five...