Looking to add active pharmaceutical ingredients (APIs) and
intermediates to its Chinese portfolio, Degussa has acquired a
majority stake in the Chinese fine chemicals firm Lynchem, allowing
it to target the pharma industry more competitively.
German chemicals company, Degussa, said that its management board
supported a full takeover by mining company RAG and urged
shareholders to accept an offer price of €42 per share.
Specialty chemicals company Degussa has developed an put in place
an automated workstation that should speed up process development
and scale-up projects for its clients.
Yesterday, German chemicals group Degussa said that it had got off
to a good start financially in 2004. Today, the company provided a
more detailed breakdown of the first-quarter results which shows
the fine chemicals division still...
Germany's third-largest chemicals company Degussa has won the Frost
& Sullivan Product of the Year Award for its L-hydantoinase
enzymatic process for single-step production of L-amino acids, used
in the pharmaceutical, food...
Degussa follows its peers in the speciality chemicals industry by
posting weak interim results held back by currency factors, raw
material costs and lower demand.
