Tags: SOCMA Member News


Lonza to Expand Microbial Development Laboratories

Lonza, a global manufacturing partner to the pharma, biotech and nutrition industries, today announced it has invested in additional microbial development capabilities in Switzerland. The investment will support increased capacity of development services targeting microbial-derived proteins with expanded laboratory space and equipment to be in use by the end of 2021.

November 16, 2021

Synalloy Appoints John Zuppo as Executive Vice President of Synalloy Chemicals

Synalloy Corporation, an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, has appointed John Zuppo as executive vice president of Synalloy Chemicals, effective November 12, 2021. With this appointment, all of Synalloy’s chemicals subsidiaries will now report directly to Zuppo.

November 15, 2021

Milliken & Company Announces Carbon-Neutral Flooring Portfolio

Today, global manufacturer Milliken & Company announces a new milestone in its ongoing sustainability journey. All Milliken carpet, luxury vinyl tile and entryway tile products around the globe are now carbon neutral, offsetting carbon emissions in raw materials and manufacturing carbon footprint using Verified Carbon Standard credits.

November 11, 2021



Lonza to Acquire Exosomics Service Unit to Expand Exosomes Service Offering

Lonza, a global manufacturing partner to the pharmaceutical, biotech and nutrition industries, announced today the acquisition of the service unit from Exosomics, a leading extracellular vesicles biotech company. The agreement includes Exosomics' service team, service assets and laboratories in Siena, Italy. The financial details of the deal were not disclosed. Lonza has been a minority shareholder of Exosomics since 2017 and will remain a shareholder after the acquisition of the service unit is complete.

November 2, 2021


Synalloy Acquires Leading Specialty Chemicals Contract Manufacturer DanChem

Synalloy Corporation (Nasdaq: SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, has acquired DanChem to accelerate product development capabilities and provide entrance into new end-markets and applications.

October 25, 2021

Halliburton Announces Third Quarter 2021 Results

Halliburton Company (NYSE: HAL) announced today net income of $236 million, or $0.26 per diluted share, for the third quarter of 2021. This compares to net income for the second quarter of 2021 of $227 million, or $0.26 per diluted share. Adjusted net income for the third quarter of 2021, excluding special items, was $248 million, or $0.28 per diluted share. Halliburton's total revenue for the third quarter of 2021 was $3.9 billion compared to revenue of $3.7 billion in the second quarter of 2021.

October 19, 2021

Capital Markets Day 2021: Lonza to Capture Market Demand and Ensure Sustainable Value Creation Through Long-Term Growth

At its Capital Markets Day hosted today, Lonza provided more details of the company’s strategic priorities at a Group and divisional level. The favorable market dynamics across Lonza's businesses create attractive investment opportunities, reflected in the company's growth plans. Lonza is accelerating its de-risked long-term investment program to ensure it can capture increasing market demand and capitalize on future opportunities.

October 12, 2021