First-half 2007 revenues for Inficon AG Emergency Response and Security decreased 7.6% to $8.5 million to make up 7% of total company sales. Photovac named four new representatives: A.J. Abrams Company for New England, New York and northern New Jersey; Brewer & Associates for the Pacific Northwest; Alpha Solutions for Minnesota, North Dakota and South […]
The European Chemical Industry Council (Cefic) predicts that the output of the EU chemical industry—excluding pharmaceuticals—will grow by 2.6% in 2007, up from 2.1% in 2006. However, a downturn is expected in 2008, when a growth rate of 1.9% is predicted. In 2007, consumer chemicals production is expected to increase by 4.5% and by 3.0% […]
The Organization for Economic Cooperation and Development (OECD) recently published its evaluation of innovation in Chile. Although Chile has one of the most successful economies in Latin America, R&D spending totaled only 0.68% of GDP in 2004. R&D in Chile is typically funded by the government and conducted at universities. The business sector plays a […]
Arlington, Virginia 11/7/07—Security technologies company ICx Technologies completed its IPO to raise $80 million (see IBO 8/15/07). The company sold five million shares of common stock on the NASDAQ stock exchange at $16 per share. Earlier this month, the company had forecasted a price of $17–$19 per share. Shares fell 19% in their first week […]
M.u.t. AG, a provider of spectrometer, lab automation and OEM solutions, issued its IPO in July on the Entry Standard segment of the German Stock Exchange at €10.25 ($13.88) per share to raise €10.2 million ($13.8 million). In the first half of 2006, the company reported revenues of €6.37 million ($8.63 million). Electronic components company […]
Tightness in the credit markets sparked by the US subprime mortgage crisis, rising oil prices and the falling US dollar have increased fears of economic instability in recent months. Higher than normal levels of uncertainty are evident in recent surveys of major corporations. However, such uncertainty has not dampened all enthusiasm. The Business Roundtable’s third […]
Instrument companies’ increasing investment in emerging economies will continue if a new survey is any indication. According to a survey of 192 multinational corporations by the United National Conference on Trade and Development (UNCTAD), 68% of respondents expect to grow FDI flows in 2007 compared to 2006, 19% expect them to remain the same, and […]
The Brazilian Steel Institute (IBS) estimates that steel production in the country will be approximately 34.3 million tons this year, up from 30.9 million tons in 2006. Brazilian steel firms invested $18.9 billion over the years 1998–2006, with most of this investment going to the maintenance and modernization of existing facilities. A new round of […]
BioSolveIT agreed to market Molecular Networks GmbH products in North America. Accelrys appointed Jeffrey Rodek, former executive chairman of Hyperion Solutions, to its Board in August. He replaces Dr. Gary Costley. In September, Biomax Informatics AG acquired the operative business of data mining company eudaptics software GmbH, creating the Viscovery Software GmbH subsidiary. CLC bio […]
Amsterdam, The Netherlands 10/22/07—Avantium will list on the Euronext Amsterdam stock exchange by the end of the year. Avantium provides catalysis and crystallization research services and products utilizing high-throughput chemical experimentation. The company is also developing biofuels, biobased products and novel crystal forms of drugs. In 2006, Avantium’s revenues increased 40% to €13.5 million ($16.9 […]
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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.
