Novartis Sells Landmark Grimsby API Plant to Site Developer IPP

May 31, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--Novartis International AG (NYSE:NVS) (Basel, Switzerland) is selling its Grimsby active pharmaceutical ingredients (API) plant in the U.K. to a subsidiary of International Process Plants (IPP) (New Jersey). IPP supplies used process plants and secondhand process equipment.