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Former AstraZeneca UK plant back up for sale, putting 270 jobs at risk

February 20, 2019

A CDMO that has made a habit of snapping up Big Pharma’s discarded manufacturing plants has put a former AstraZeneca plant into bankruptcy. Avara Avlon Pharma Services, called in administrators after a major contract came to an end, BristolLive reports. The company is looking for..

When leadership turns toxic: The fine line between being tough and being a bully

February 20, 2019

Shortly after Senator Amy Klobuchar announced her bid to become the next Democratic nominee for president, horror stories began popping up detailing years of consistent abusive treatment of her staff. The reports contended that her reputation made it difficult to recruit someone to manage her..

IFF acquires microencapsulation technology firm

February 20, 2019

IFF says it has acquired The Additive Advantage, a manufacturing and licensing firm focused on delivery systems of microencapsulation and active ingredients. Financial details of the deal, including purchase price, were not disclosed. TAA’s customers are mainly in the food, beverage, pharma, animal health and..

Emergex to drive vaccine development with R&D facility and new hire

February 20, 2019

Emergex has secured a ‘state-of-the-art’ research and development (R&D) facility and hired a new chief scientific officer to drive development of its vaccines. The new research and development facility will be located at Milton Park, Oxfordshire. It will provide the company with its own fully..

Suedzucker to close Polish sugar plant in restructuring

February 20, 2019

Europe’s largest sugar refiner Suedzucker plans to close a 50,000 tonne-a-year production plant in Poland, it said on Tuesday, part of a restructuring programme to counter a slump in sugar prices. The company also recently announced it will close sugar factories in Germany and France,..

You’ve committed to increasing gender diversity on your board. Here’s how to make it happen

February 20, 2019

After years of asking corporate directors about the importance of diversity in the boardroom, we’ve got some good news: the vast majority see value in including more women and minorities. Nearly 95% of directors agree that diversity brings unique perspectives to the boardroom, while 84%..

Nestle says it is now well positioned in confectionery

February 20, 2019

Nestle’s success with its KitKat brand means its does not need to add new businesses after selling its candy unit to Italy’s Ferrero last year, the Swiss food group’s global head of confectionery said. “Now we are very well positioned with our portfolio,” Alexander von..

PepsiCo sets goal to become ‘faster, stronger and better’

February 19, 2019

Since taking the helm in October 2018, Ramon L. Laguarta, chairman, president and chief executive officer of PepsiCo, Inc., has spent the past four months connecting with consumers and engaging in “no-holds-barred debates” with senior leadership with the sole goal of focusing on opportunities to..

BASF diversified portfolio, ‘less well run’ downstream businesses to cap shares – Bernstein

February 19, 2019

BASF’s diversified portfolio, the lack of feedstock advantage compared to US peers and “clearly less well run” downstream divisions make the German chemical major’s shares a “value trap”, equity chemicals analysts at Bernstein Research said on Monday. However, the analysts expect a slight improvement in..

Flowers elects McMullian as president and CEO

February 19, 2019

Amos Ryals McMullian Jr. has been elected president and chief executive officer of Flowers Foods, Inc. by the company’s board. He will succeed Allen L. Shiver, who intends to retire from the company and step down from the board of directors following Flowers’ annual meeting..