Abstract
BUSINESS ROUNDUP Business Roundup ShareShare onFacebookTwitterWechatLinked InRedditEmail C&EN, 2018, 96 (6), p 15February 5, 2018Cite this:C&EN 96, 6, 15AbstractThermo Fisher Scientific says it will make $50 million in new investments because of the benefits it is receiving under recently enacted U.S. tax reform legislation. The investments include $34 million for a one-time, $500 bonus to 68,000 nonexecutive employees worldwide and $16 million for R&D, sustainability, and philanthropic activities. BASF has granted a sublicense to Hunan Reshine New Material to make nickel-cobalt-manganese lithium-ion battery cathode materials. BASF licensed the original patents from Argonne National Laboratory. International Flavors & Fragranceshas broken ground on a new flavors and fragrances plant in Sri City, India. The 130,000-m2 site will be the largest IFF facility in Asia. Nippon Shokubai will increase capacity in Japan for 2-(2-vinyloxy ethoxy) ethyl acrylate, oxazoline functional monomer, and polyethyleneimine water-soluble polymer. The company did not specify the size of the expansions. Novartis has out-licensed its FGFR inhibitor infigratinib to BridgeBio Pharma, which subsequently launched a subsidiary, QED Therapeutics,View: PDF | Full Text HTML
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