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Litehouse snags Sky Valley Foods
May 27, 2019
Litehouse, Inc., a 100% employee-owned manufacturer of refrigerated salad dressings, dips and cheeses, has entered into an agreement to acquire Sky Valley Foods, effective June 1. Sky Valley produces organic shelf-stable dressings, condiments, marinades and sauces under the Organicville and Sky Valley brands. Financial terms..
BASF develops methanol process without greenhouse gas emissions
May 27, 2019
BASF announced today that it has developed a process for the production of methanol without any greenhouse gas emissions. It has applied for patents covering the technology. The company says that if the process can be successfully implemented at an industrial scale, the entire production..
Dynavax axes immuno-oncology pipeline and 82 staff
May 27, 2019
Dynavax is pulling out of immuno-oncology R&D, laying off 82 staff and parting company with its CEO. The actions will create a slimmed-down commercial-stage company focused on selling hepatitis B vaccine HEPLISAV-B. California-based Dynavax tied its fate to TLR9 agonist SD-101 and other cancer assets..
Slowing automotive sector hurts chemical markets
May 24, 2019
Automotive sales are falling in all major regions of the world, with knock-on effects for chemicals demand in many value chains. Faltering economic growth in many countries and nervousness about the escalating US-China trade war are affecting sentiment everywhere, and especially in Asia and the..