2019 Trends in the Pharmaceutical Industry


2019 Trends in the Pharmaceutical Industry

The pharmaceutical industry is changing at a fast pace and for pharmaceutical companies to compete, they must constantly innovate their R&D activities to have an edge in the pharma industry. There are numerous new trends in the pharmaceuticals industry that will be discussed in the further sections. Role of Emerging Markets: The emerging markets are influencing the global strategy for the pharmaceutical industry due to their exponential growth and high profitability.  Read More

INEOS Styrolution’s new S-TPE grade for healthcare industry

INEOS Styrolution introduced its new Styroflex®4G80 grade, an S-TPE that combines transparency, elasticity, & excellent processability making it suitable for extrusion applications. The new Styroflex 4G80 grade provides an attractive mix of properties making it ideal for various medical tubing applications – ranging from use in traditional IV sets to more complex multi-layer tubing structures. Key properties include excellent bonding performance, good kink resistance, clarity, &  the ability to be processed on standard tubing extrusion equipment at superior processing rates when compared to other materials. Read More

TechnipFMC has been awarded by Petrobras, on behalf of the Libra Consortium, comprised of Petrobras, Shell, Total,CNOOC Limited, CNPC and Pre-Sal Petroleo (PPSA), a large engineering, procurement, construction and installation contract for the Mero 1 pre-salt field, located in theSantos Basin, at 2,100 meters of water depth offshore Brazil. The contract covers engineering, procurement, construction of all rigid lines, as well as the installation and pre-commissioning of all the infield riser and flowline system for interconnecting 13 wells to the FPSO. Read More

McDermott International Inc, along with its joint venture partners Chiyoda International Corporation and Zachry Group, announced that they have been awarded a mega* contract by Golden Pass Products LLC, a joint venture between Qatar Petroleum and ExxonMobil affiliates, to build the export project in Sabine Pass, Texas. McDermott, Chiyoda and Zachry Group will perform engineering, procurement, construction and commissioning of three approximately 5.2 million ton per annum (MTPA) LNG trains with an expected production capacity of around 16 million tons of LNG per year. Read More

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