Avantor buys high-purity chemical supplier - C&EN Global Enterprise

Avantor Performance Materials, a supplier of high-purity chemicals for electronics and the life sciences, has acquired Puritan Products, a Bethlehem, ...
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ANTIBIOTICS

custom weather forecasts and early warning of pest conditions. BASF says the acquisition will strengthen its digital farming footprint and help growers take advantage of big data. The two firms had a threeyear collaboration to develop agronomic models.—MELODY BOMGARDNER

ELECTRONIC MATERIALS

▸ Avantor buys highpurity chemical supplier Avantor Performance Materials, a supplier of high-purity chemicals for electronics and the life sciences, has acquired Puritan Products, a Bethlehem, Pa.-based maker of pharmaceutical buffers and chemicals for research and electronic materials customers. Avantor CEO Michael Stubblefield says the deal will expand the company’s customer base in the U.S. and Europe. “The addition of Puritan’s operations, equipment, and sourcing of raw materials offer our customers an additional layer of supply chain security,” he adds.—RICK

MULLIN

FOSSIL FUELS

▸ Evonik opens lab serving oil sector Evonik Industries has opened a laboratory in Horsham, Pa., that tests the firm’s line of

▸ DSM Sinochem boosts Dutch output Equipment in Evonik’s new laboratory for the “cold finger” analytical technique.

crude oil paraffin inhibitors. Evonik says its inhibitors modify the paraffin waxes present in crude oil, dispersing them so they don’t adhere to surfaces and impede oil flow. Alex Tsay, Evonik’s oil additives marketing manager, says the lab will help identify additive blends that provide flow assurance for crude oils from around the world.—MICHAEL MCCOY

DRUG DISCOVERY

▸ HitGen works with Scripps and Calibr HitGen, a biotech company based in China and with labs in Houston, will work with Scripps Research Institute and its affiliate, the California Institute for Biomedical Research (Calibr). The partners will use HitGen’s DNA-encoded small-molecule libraries to discover and develop oncology, regenerative medicine, and virology drugs. Scripps and Calibr will provide target materials and expertise. The alliance comes just one week after HitGen entered a multiyear drug discovery deal with Pfizer.—ANN THAYER

Business Roundup

CREDIT: EVONIK

▸ Lanxess has completed the acquisition of Chemtura in a deal valued at about $2.6 billion. Lanxess says the purchase will greatly expand its additives business as well as its footprint in North America. ▸ Lanxess will spend $27 million on efficiency improvements at a plant in Antwerp, Belgium, where the company makes nylon 6 and its precursor, caprolactam. Lanxess says it has put more than $300 million into the site since the company was founded as a spinoff from Bayer in 2004.

▸ BASF has agreed to buy Thermotek, Mexico’s largest supplier of waterproofing systems to the construction industry. Thermotek, which has 500 employees, makes resinous and dispersion materials as well as asphalt sheet for waterproofing roofs and walls. ▸ Enamine, a producer of chemical building blocks and screening libraries, will work with the European Molecular Biology Laboratory to find small molecules that address EMBL’s anti-cancer targets. Enamine will provide library synthesis, medicinal

DSM Sinochem Pharmaceuticals will expand a plant in Delft, the Netherlands, HO O that produces 7-aminodeacetoxyO cephalosporanic acid (7-ADCA), N an intermediate used to produce cephalosporin antibiotics. S H2N H The facility is the only maker of 7-ADCA still in operation 7-ADCA in the West, according to the company. DSM Sinochem has in recent years been critical of antibiotics manufacturers, mostly in Asia, that contribute to antimicrobial resistance by discharging antibiotics waste.—JEAN-FRANÇOIS TREMBLAY

DIAGNOSTICS

▸ Two Pore Guys gets initial funding Diagnostics-focused start-up Two Pore Guys has raised $24.5 million in a Series A funding round led by Khosla Ventures. The six-year-old company plans to scale up production of its hand-held, point-of-use testing device. According to the company, the solid-state nanopore-enabled device uses disposable test strips and can detect single molecules of virtually any kind. As with phone apps, specific assays can be developed by third parties.—ANN THAYER

chemistry, and biological services. EMBL will deploy a team of medicinal chemists at Enamine. ▸ Reliance Industries has completed upgrades that will allow its ethylene cracker in Dahej, India, to import cheap shale-based ethane from the U.S. The company also plans to use ethane at its plants in Hazira and Nagothane, India. ▸ Wacker Chemie will expand production of isopropenyl acetate by 2,500 metric tons per year in Berghausen, Germany. The company uses the chemical to make acetylacetone, which has applications in the life sciences, con-

struction, and the automotive market. ▸ EpimAb Biotherapeutics has raised $25 million from Chinese and foreign investors. The Shanghai-based firm is developing immuno-oncology drug candidates that make use of its technology for generating molecules with antibody-like properties. ▸ Arsanis, a biotech firm developing monoclonal antibodies for treatment of infectious disease, has raised $46 million in a Series D round of financing. The investment was led by the Bill & Melinda Gates Foundation and included GV, formerly Google Ventures.

MAY 1, 2017 | CEN.ACS.ORG | C&EN

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