Hitachi Chemical Co. America, Ltd. (San Jose, California), a subsidiary of Hitachi Chemical (Tokyo) has completed its purchase of the 80.1% remaining membership interest in PCT Cell Therapy Services (PCT, New Jersey) from Caladrius Biosciences.
Following the acquisition, PCT has become an independent business unit dedicated to cell therapy and regenerative medicine within the life sciences division of Hitachi Chemical.
Hitachi Chemical will leverage PCT’s extensive experience in cell therapy development and manufacturing technology, wide-ranging manufacturing locations, sales network and other resources to expand and strengthen services in the United States and add services in Japan, Europe, and other regions. In addition, PCT will be able to expand manufacturing capacity, capabilities, and service offerings.
“The acquisition of PCT marks an important milestone in the expansion of Hitachi Chemical’s regenerative medicine-related businesses,” says Hisashi Maruyama, CEO, Hitachi Chemical.
By Kartik Kohli
Source: Chemical Week
It is indeed a pivotal milestone for OMV and the chemicals industry at large. Together with ADNOC, we are combining Borealis and Borouge to create Borouge Group International. The new entity will acquire Nova Chemicals, further expanding its footprint in North America. The combination is built on highly complementary strengths of these three world-class companies.
The awards are designed to recognise pioneering ideas and showcase the vital role vinyl plays. The industry faces an increasingly challenging environment with growing geopolitical uncertainty – highlighting the need for new technologies, sustainability stewardship, and strong leadership.
The refinery has been modified to enable Neste to produce up to 500,000 metric tons per year (m.t./yr) of SAF. As a result, Neste’s global SAF production capability has increased to 1.5 million m.t./yr (around 1.875 billion liters). Last year, Neste bolstered its SAF supply capabilities in North America through a partnership with ONEOK to expand terminal capacity in Houston.
