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Showing results for ASTRA ZENECA MANUFACTURING CO
...Scientific collaboration between Sweden and the UK is already close, anchored in pharmaceuticals by AstraZeneca, the drug company created by the 1999 merger of Britain’s Zeneca with Sweden’s Astra....
...Francis Wedin, Vulcan’s co-founder and chief executive, told the Financial Times that the start-up’s ambitions had increased because of demand from carmakers....
...Authorities in Singapore have warned residents that fire hotspots could escalate from June, and are co-ordinating plans to mitigate the risk of haze returning from Indonesia and Malaysia....
...The Covid Recovery Commission, comprised of executives from companies including Vodafone, Astra Zeneca and Shell, said the pandemic had exacerbated existing inequalities and had a bigger impact on the UK...
...Other car companies have publicly warned about the impact of a no-deal Brexit, with Vauxhall-owner PSA saying it would relocate the Astra from Ellesmere Port to a European plant in the event of a no-deal...
...Ellesmere Port has shed more than 900 workers over the past two years and moved to a single production shift, in part because of falling demand for the Astra model that it manufactures....
...“We put a lot of money in manufacturing, co-funded the clinical trials with Oxford university,” said one senior official....
...He joined Merck in 1992 as general counsel of a joint venture between the US drugmaker and Astra, the Swedish half of today’s AstraZeneca....
...Still, the idea of localised production has garnered more credit as manufacturing advances mean carmakers can squeeze a greater variety of models down the same production line, easing the profit erosion...
...The looming decision on the Astra highlights how carmakers revamp their vehicles roughly every seven years, with manufacturing location decisions made typically two to three years before production starts...
...Without an MRA, duplicate inspections of manufacturing sites will need to be carried out in the UK and in a European member state....
...The Vauxhall plant in Ellesmere Port in Cheshire, which produces the Astra model, has long been viewed as vulnerable and its French owner PSA Group has said it will make a decision on its future in 2020....
...The easiest models to make in the plant — equivalent models to the Vauxhall Astra, being Peugeot’s 308 and the Citroën C4 Picasso — sold just over 90,000 cars in 2016 in the UK....
...He said a critical decision was looming as the company decides where to make the new model Astra....
...Ellesmere Port, Vauxhall’s largest UK plant, makes the Astra family car, both under the Vauxhall brand for the UK market and the Opel brand for European sales....
...The automaker would need manufacturing costs to be cut by about $14,750 — 34 per cent — to make the vehicle competitive with GM’s Opel Astra in France....
...Saudi Aramco is adding to global overcapacity by forming a joint venture with Dow Chemical to build a $20bn manufacturing complex in Jubail....
...Opel had been due to make a decision on the allocation of the next Astra model, currently co-produced at Ellesmere Port and in Poland, this year....
...Ellesmere Port, which builds Astra cars for both GM’s Vauxhall and Opel brands, is seen as especially vulnerable to any cutbacks following a deal, since it exports around 80 per cent of its production to...
...The site came close to closure in 2012, until GM agreed to manufacture the next generation of the Astra at the plant....
...PSA has committed to honour Opel’s existing job protection agreements, as well as current production plans that include manufacturing the Astra hatchback at Ellesmere Port until the end of the decade....
...Its UK manufacturing centre at Ellesmere Port near Liverpool, where the Astra is made, exports 80 per cent of its cars to the EU. In Europe, part of the problem the group faces is labour costs....
...Lilly and Astra Zeneca are partnering on one example codenamed AZD3293. Another Lilly inhibitor, though, has already been abandoned because of liver toxicity....
...Concerns in Britain, where Opel operates under the Vauxhall brand, are primarily around the Ellesmere Port plant, which builds Astra cars for the UK and the continent....
...It produced 259,000 cars in Germany, and also has manufacturing sites in Poland, Hungary, Austria and Spain....
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