Category: Manufacturing

(AP) — Chemours, the former performance chemicals unit of Dupont Co., is reporting net income of $228 million for its most recent quarter. That’s a big swing from the $230 million loss Chemours reported in the fourth quarter of 2016, which included a one-time $335 million charge to settle thousands of lawsuits over the release…

(AP) — North Carolina environmental regulators have ordered a chemical company to take further steps to reduce emissions of chemicals that have questionable health effects. The state Department of Environmental Quality issued a notice of violation Monday telling Chemours to take more actions to control emissions of GenX and other compounds at its Bladen County…

Incyte’s Delaware portfolio drives global growth

By Roger Morris Special to Delaware Business Times In a little more than 15 years, Alapocas-based pharmaceuticals company Incyte Corp. has grown from its modest beginnings in Palo Alto, California, to becoming a global drug company with annual revenues in excess of $1 billion. Its growth came initially under the leadership of former DuPont Pharmaceuticals…

The Delaware Biotechnology Institute — a partnership of government, academia and industry to promote the biosciences — awarded twelve research grants worth $800,000 to researchers in 2017. The Applied Research Collaborations or Entrepreneurial Proof of Concept grants support partnerships between research institutions and Delaware companies, with the goal of encouraging new business ventures and economic development in…

Delaware Innovation Space, Inc., the nonprofit incubator for startups, hosted a ribbon cutting event to welcome ACROBiosystems, the first business to occupy space at the site. The company is a manufacturer of recombinant proteins to support cancer research and will occupy 1,000 square feet of lab space. “This is a proof point that we’re making…

Linda McMahon, head of the U.S. Small Business Administration under President Donald J. Trump, visited Supercritical Fluid Technologies in Newark yesterday. The visit was part of McMahon’s Ignite Tour, which McMahon started to meet small business owners across the nation and hear their concerns directly. She started the tour of all 68 SBA districts after…