Venkatraman Ramakrishnan: Mapper of the structure of the ribosome


Venkatraman Ramakrishnan: Mapper of the structure of the ribosome

Biography & Contributions: Venkatraman Ramakrishnan is a British American chemist, physicist and structural biologist of Indian origin. He was born in 1952. Ramakrishnan is best known for his Nobel Prize in Chemistry in 2009 along with Ada E. Yonath and Thomas A. Steitz for their research on the structure and function of the ribosome. He is the recipient of Padma Vibhushan in 2010, which is India’s second highest civilian award. Ramakrishnan is renowned globally for his research work on the atomic structure of the 30S ribosomal subunit. In the beginning, he had represented the layout of proteins in the 30S ribosomal subunit through neutron diffraction and explained X-ray structures of the components and their RNA complexes. Read More

Sabic has signed a memorandum of understanding (MoU) with UK-based Plastic Energy Ltd, for the supply of feedstock. This deal support Sabic’s petrochemical operations in Europe. Both companies intend to build a first commercial plant in Netherlands to refine and upgrade a valuable feedstock, known as Tacoil. Tacoil is a patented Plastic Energy product, which will be produced from the recycling of low quality, mixed plastic waste otherwise destined for incineration or landfill. The plant, which is anticipated to enter commercial production in 2021, is a significant milestone for Sabic towards the company’s commitment to establishing a circular economy and, more broadly, its sustainability goals. Read More

Trinseo (TSE) has appointed Lauren Pagano as global business director adhesives and construction for latex binders. In this newly created position, Pagano will have a key role in driving the global latex binders strategy of growing the adhesives and construction business. Pagano will have global responsibility to develop this business and grow in these strategic markets. She will further shape and develop the business strategy in close alignment with the regional latex binders business directors, the company said. Pagano has worked for Worthington Industries, driving the integration of a recently bought Europe-based company. Before that, Pagano was with HB Fuller for almost 10 years in various roles. Read More

IFF-Lucas Meyer Cosmetics (IFF-LMC), a cosmetic actives subsidiary of International Flavors & Fragrances Inc has acquired three personal care ingredients and related intellectual property from Kemin Industries. This acquisition expands IFF-LMC’s product portfolio and related offerings to its customers, particularly to those focused on the environment and sustainability. The acquired products (and associated IP) include: Lysofix: an easy-to-use and cold-process lysophospholipid emulsifier extracted from a non-GMO soybean source. It enhances formulas by evenly dispersing sunscreen and makeup pigments, provides immediate hydration and support collagen and elastin production while imparting a luxurious texture to the skin. Read More

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Mississippi Lime increases hydrated lime capacity


Hanwha Total Petrochemical, a 50/50 joint venture between Total and Hanwha, will invest nearly $500 million to further expand its Daesan integrated refining and petrochemical complex in South Korea. The planned investment will increase polypropylene capacity by close to 60 percent to 1.1 million tonnes per year by the end of 2020. The ethylene capacity will simultaneously increase by 10 percent to 1.5 million tonnes. This project complements the ongoing investments totaling $750 million to increase the complex’s ethylene production capacity by 30 percent to 1.4 million tonnes per year by mid-2019 and to expand polyethylene production capacity by 50 percent to 1.1 million tonnes by end-2019. Read More

ExxonMobil has made its 10th discovery offshore Guyana. Increasing its estimate of the discovered recoverable resource for the Stabroek Block to more than 5 billion oil-equivalent barrels. The resource estimate, up from the previous estimate of more than 4 billion oil-equivalent barrels, is a result of further evaluation of previous discoveries and includes a new discovery at the Pluma-1 well. The Liza Phase 1 development is expected to begin producing up to 120,000 barrels oil per day by early 2020, utilizing the Liza Destiny floating storage, production and offloading vessel (FPSO). Sanctioning of a third development, Payara, is also expected in 2019 with start up as early as 2023. Read More

Yordas Group has launched a global regulatory monitoring system on behalf of the European Automobile Manufacturers Association (ACEA). The global regulatory monitoring system for chemical substances (GRMS2) is a regulatory radar for the automotive industry, providing key information on regulatory action being considered for the substances used within the sector. The roll-out of the GRMS2 tool is scheduled to take place over a 3-year period. The GRMS2 platform aims to inform companies in advance of new regulations, enabling the sector to make timely decisions regarding their regulatory compliance. The system is built around the comprehensive data that powers Yordas Hive, an internationally renowned regulatory compliance and chemicals management system. Read More

Mississippi Lime Company has significantly increased enhanced hydrated lime capacities at their Weirton, WV and Verona, KY facilities. Mississippi Lime’s products employ industry leading technology for efficient solutions in the Dry Sorbent Injection industry as well as many other chemical processes and environmental control applications. The novel, high quality products allow customers to realize cost savings and processing efficiencies from higher performing hydrated lime. Read More

 

Bayer to cut 12000 jobs; exit animal health business


Bayer to cut 12000 jobs; exit animal health business

Bayer plans to exit animal health business, consumer health brands Coppertone and Dr Scholl’s, and cut 12,000 jobs worldwide. The company also plans to sell its 60 percent interest in Currenta, a JV with Lanxess. The company aims to strengthen its core life science businesses following the takeover of Monsanto. The job cuts are expected to be complete by the end of 2021 and a significant number of them is in Germany, the company said. The job cuts will include approximately 900 jobs in pharmaceuticals R&D and around 350 positions in connection with the factor VIII facility in Wuppertal; roughly 1,100 jobs associated with the reorganization at consumer health; around 4,100 positions at crop science as the result of combining Monsanto; and a further 5,500 to 6,000 jobs in the corporate functions. Read More

Covestro has increased its stake in the joint venture DIC Covestro Polymer Ltd (DCP) from 50 percent to 80 percent.  The investment is part of Covestro’s expansion of its global thermoplastic polyurethanes (TPU) business. The total investment sums up to a low double-digit million euro. Closing of the deal is planned for early second quarter of 2019. DIC Corporation (DIC) will continue to support the success of DCP with its industry network, strong brand name, and as a reliable local partner. “The strong and long-term partnership of both companies, as well as our thorough understanding of the future growth potential make this acquisition a fitting step in Covestro’s growth strategy focusing on sustainability-driven innovation,” said Dr Markus Steilemann, CEO of Covestro. Read More

MFG Chemical said that it is upgrading its Pasadena, Texas plant, which the company acquired in March 2018. The acquisition of the Pasadena plant, together with the company’s 3 plants in Northwest Georgia, makes MFG Chemical one of America’s largest consumers of maleic anhydride. Improvements include debottlenecking and new capacity additions, including two new reactors, one of which is 20,000 gallons in size. “MFG is increasing its capacity to meet its customers’ growing needs for custom and speciality chemistries. Our significant capital investments in our Pasadena, TX,  plant as well as our three other world-class ISO 9001:2015 Certified manufacturing plants in Dalton, GA reflect our ongoing effort to deepen our manufacturing and formulating partnerships with our valued customers,” said Keith Arnold, CEO of MFG Chemical and Member of the SOCMA Board of Governors. Read More

Clariant has increased capacity of ethylene oxide (EO) unit in Gendorf, Germany. The investment positions Clariant to continue its successful development of innovative EO-based specialties to support a wide range of industries, such as personal and home care, crop solutions, and industrial applications. “As a globally leading company for specialty chemicals, Clariant continues to invest also in our production network in Europe. I am confident that this sizeable expansion will support our strategic goal of intensifying profitable growth in both developed and emerging markets,” said Christian Kohlpaintner, member of Clariant’s Executive Committee. Read More