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 […]
October ended with the Federal Open Market Committee lowering the interest rates by a quarter-point and the release of a surprising economic report by the US Commerce Department showing a GDP growth rate of 3.9% for the third quarter. Evidently, a nice treat for investors as the Dow Jones, S&P 500 and NASDAQ closed 1.0%, […]
Shimadzu released MetID Solutions software for its LCMS-IT-TOF mass spectrometer. Thermo Fisher Scientific introduced the Thermo Scientific ConFlow IV Universal Interface for GC, LC and elemental analyzer systems coupled with isotope ratio mass spectrometers, enabling immediate switching. Syft Technologies launched the Voice200 selected ion flow tube mass spectrometer, featuring detection limits to 50 ppt. Advanced […]
In 2006, demand for oil in Asia increased by 336,000 barrels per day (Mbpd). Consumption of oil products in Asia is projected to grow by 2.8% per year between 2007 and 2012, or 4.24 million barrels per day (MMbpd). Between 2007 and 2012, Chinese demand is forecasted to rise 5.2%, or 400–420 Mbpd, a year […]
Portland, OR 10/25/07; Waltham, MA 10/25/07—FLIR Systems, a provider of thermal imaging and stabilized camera systems, has agreed to purchase test and measurement firm Extech for $40 million in cash. Extech supplies products for measurements of light, sound, temperature, humidity, air flow and water quality. Extech had 2006 revenues of $39.2 million. FLIR stated that […]
Northbrook, IL 10/18/07—IDEX has purchased Isolation Technologies, a developer of advanced HPLC column hardware and accessories, for just under $30 million in cash. Based in Hopedale, Massachusetts, Isolation Technologies has annual revenues of around $11 million. The company will join Isolation Technologies’ Sapphire Engineering business within IDEX’s Health and Science Technologies segment and is expected […]
Farfield Scientific entered into a strategic partnership with Monash University to create biosensor surfaces for the structural analysis of membrane protein function. SEQUENOM named Richard Lerner to its Board in July. He is president of the Scripps Research Institute. A consortium that includes deltaDOT, Xcellerex, BioPharm Services and Dowpharma was awarded a $7.9 million DARPA […]
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 […]
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 […]
Budget requests for Science and Technology (S&T) programs in Japanese Fiscal Year (JFY) 2008 (April 2008–March 2009) have been released by the Council for Science and Technology Policy (CSTP). The total amount requested is ¥4,033.2 billion ($35.1 billion), a 14.9% increase from the JFY 2007 budget of ¥3,511.3 billion. The budget request from the Ministry […]
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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.
