German chemical company BASF SE said Thursday that the economic recovery and a push by customers to restock their own inventories helped it nearly triple its first-quarter net profit.
The company, based in Ludwigshafen and whose interests include plastics, chemicals, oil and gas and agriculture, announced a net profit of euro1.03 billion ($1.4 billion) for the January-March period compared with euro375 million a year earlier.
St. Louis biotech firm Divergence Inc. said Tuesday it received two Small Business Innovation Research grants totaling $500,000, along with renewed funding from the National Corn Growers Association, to support its ... Read More
Sisters of Mercy Health System networks took two of the top three spots in a recent rating of the nation’s top 100 most integrated health-care networks. In health analytics firm SDI’s ... Read More
German drug company Boehringer Ingelheim is in talks to make Japanese subsidiary SSP Co Ltd (4537.T) wholly-owned in a deal worth more than 30 billion yen ($335 million), the Nikkei newspaper ... Read More
Thin-film solar cells hold the promise of a cheap, renewable energy source that could make fossil fuels obsolete, but thus far the cells’ reliance on rare elements and expensive vacuum deposition ... Read More
The Missouri Department of Economic Development (DED) announced today that a Springfield location has been designated as the state’s second Certified Site. Chosen by DED’s Certified Site team, the site will ... Read More
AstraZeneca won approval Monday to promote its cholesterol fighting drug Crestor for preventing heart disease in a vast new market of people with healthy cholesterol but other heart risks. Crestor won ... Read More
The first head-to-head comparison of therapeutic monoclonal antibodies produced from plants versus the same antibodies produced from mammalian cells has shown that plant-produced antibodies can fight infection equally well. Scientists from ... Read More
The Donald Danforth Plant Science Center and EnviroLogix Inc., a company that develops and manufactures lab-based agricultural diagnostics, said Tuesday they will partner to create technologies that increase nutrients in local ... Read More
A Utah company plans to dig a series of underground caverns that it hopes to one day fill with compressed air, releasing it to generate electricity by turning a turbine and ... Read More
Tyson Foods, a processor of chicken, beef and pork, posted a quarterly profit that topped analysts’ estimates amid higher revenue at its chicken and beef divisions. Net income was $160 million, ... Read More