Shrinking demand for tests and medicines to treat Covid-19 has left its mark on Roche's annual results. The bottom line saw net income fall six percent to 13.5 billion Swiss francs from 14.9 billion a year earlier. The Swiss pharmaceutical group posted sales of 63.3 billion Swiss francs in 2022. This represents an...
Novartis reported fourth-quarter 2022 sales of $12.7 billion. This represents a decrease of four percent compared to the same period last year, when $13.2 billion was generated. At constant exchange rates, there was an increase of three percent. The period was characterized by volume increases partially absorbed by...
Schubert North America LLC announced that Dominik Streicher has been appointed Chief Operating Officer of its Canadian entity, Schubert Packaging Automation Inc.. Dominik is joining Schubert Packaging Automation Inc. from Gerhard Schubert, the headquarters of the Schubert group, located in Crailsheim, Germany. He...
In 2022, one year ahead of schedule, Coveris, one of the market leaders in the packaging sector, successfully completed its strategic realignment phase. Following the sales of the Rigid and Americas divisions in 2018, Jakob A. Mosser successfully transformed Coveris into one of the European leaders of the paper and...
Automation software developer Copa-Data is one of three companies investing in the new Josef Ressel Centre for Intelligent and Secure Industrial Automation (ISIA) at the Salzburg University of Applied Sciences. Collaborating with B&R Industrial Automation and Sigmatek, Copa-Data will lead on cyber security in the...
Siemens Digital Industries Software today announced the opening of “eXplore Live” at The “Smart Factory @ Wichita”, an experience center convened by Deloitte that marries an ecosystem of world-leading organizations with business strategy and cutting-edge technology to demonstrate Industry 4.0. Located on Wichita State...
Effective March 1st, Ib Jensen takes over from Jan Secher as Chief Executive Officer of Perstorp Group, a specialty chemicals company headquartered in Malmö, Sweden and since 2022 part of Petronas Chemicals Group Berhad (PCG for short). Ib Jensen is a highly respected senior industry executive with a long career as CFO...
The International Sustainable Chemistry Collaborative Center (ISC3 for short) has launched the application phase for the next ISC3 Innovation Challenge, which is awarded a total of 25,000 euros in prize money. This year, the ISC3 Innovation Challenge asks what sustainable chemistry innovations can improve agriculture....
In early 2023, Sanofi Ventures received a commitment from its parent company for an additional multi-year commitment. The capital will be increased to more than 750 million dollar for the "evergreen venture fund." This venture capital fund focuses on early-stage investments, co-creating companies and leading financing...
As of January 1, 2023, Fraunhofer IKTS has integrated the Freiberg research group Circular Carbon Technologies KKT. By doing so, the institute aims to leverage further synergies in electrolysis, hydrogen and power-to-X technologies and to develop sustainable carbon sources for circular economy. Carbon is a key raw...
