Falling oil prices will cut drug industry materials, manufacturing and logistics costs, and protect firms at risk of generic competition in 2015 according to one industry analyst.
Genomatica claims it can process 1,4-butanediol (BDO), a precursor in pharmaceutical production, with 99 per cent purity from renewable feedstocks, removing the need to rely on crude oil.
Analytical X-ray specialists, PANalytical has launched its solution
to enables X-ray fluorescence (XRF) analysis of fuel, oil and oil
derivatives. The package attempts to overcome the traditional
challenges associated with XRF analysis...
Increased sales and price hikes helped BASF achieve record earnings
in 2005, despite substantially higher raw material prices, Europe's
subdued economy and hurricanes in the US.
German specialty chemicals group, H&R Wasag, increased its
sales and earnings in the third quarter of this year, helped by its
in-house refinery operations that allow it to counter the steady
rise in costs arising from crude oil...