Darmstadt, Germany 10/20/15; Morris Plains, NJ 10/20/15; St. Louis, MO 10/20/15—Merck KGaA has agreed to sell Sigma-Aldrich’s lab research chemical business to Honeywell for €105 million ($119 million = €0.88 = $1) in order to comply with the EU’s antitrust requirements for Merck’s purchase of Sigma (see IBO 6/15/15). Honeywell Fine Chemicals, part of the […]
Irvine, CA 10/26/15—The Orange County Business Journal reported that MP Biomedicals has been sold to Chinese chemical firm Valiant, a supplier of liquid crystal materials, pharmaceutical intermediates and photoelectronic chemicals, for around $134 million. MP Biomedicals is a provider of life science and diagnostic lab products, including life science consumables and lab chemicals. MP Chemicals […]
Radnor, PA 10/7/15—Lab product, service and solutions provider VWR has acquired Purification Technologies (PTI) for an undisclosed amount. PTI is a specialty solvent company focused on high-volume purification of selected high-purity solvents. “Our customers in the chromatography, biochemical and agrochemical industries will benefit through VWR’s ability to supply high-purity acetonitrile and other solvents in both […]
Regulation is a market driver for the analytical technologies in the oil and gas industry. In August, the US EPA introduced a proposed rule on emission standards for methane and other volatile organic compounds in the oil and natural gas sector (see IBO 8/31/15). Leaks, or fugitive emissions, are a major source of emissions in […]
The June 2015 BP Statistical Review of World Energy reports that in 2014, oil was the most widely consumed source of energy globally, at 33% of worldwide energy consumption. Natural gas accounted for 24%. Although a reduction in oil exploration has accompanied the drop in oil prices starting in the second half of 2014, the […]
In 2014, the top 50 chemical companies’ sales totaled $961.3 billion, declining less than 1% from last year’s $965.1 billion. The loss was in line with falling chemical prices resulting from the drop in oil prices. In general, specialty chemical companies fared better than petrochemical firms. The combined operating income of the 44 public companies […]
By the University of Manchester’s estimates, $2.4 billion has been invested in graphene research. In 2014, Lux Research projected a 2025 global market of $349 million for the material; however, in 2013, sales of graphene totaled only $12 million. Manufacture of the material has accelerated, with total production capacity of graphene nanoplatelets in the Americas; […]
US bulk chemical producers are benefiting from the rise in US shale gas output and subsequent lower gas prices. In contrast to producers in other regions that rely on oil products, such as naptha, for feedstock, US companies’ access to shale gas provides them with cheaper feedstock, including ethane. Commodities chemicals provider LyondellBasell is an […]
A survey conducted by Chemical & Engineering News (C&EN) of European and US chemical firms found a wide range of plans for R&D and capital spending for 2015 as a result of economic conditions in the US, Europe and China. The eight companies providing estimates of R&D spending anticipated expenditures totaling $3,574 million, a gain […]
Pay Invoice
Latest Blogs
-
Lab Instrument Sales in China Collapse
March 29, 2024 1:15 pm
-
Pittcon 2024 Comes to San Diego
February 14, 2024 1:10 pm
Sitemap
Your Data and Privacy
About Us
IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
