Company Dynamic

Mitsubishi Chemical Corporation has decided to increase its carbon fiber production capacity in Japan and the United States to meet growing demand from high-end applications such as sports and leisure, aerospace, and supercars.

• Mitsubishi chemical

BASF has reached an agreement to divest its optical brighteners business, a unit within its Care Chemicals division, to Catexel.

• BASF
• Catexel

Biochem, an innovation-driven animal nutrition company specializing in feed additives and dietary supplements, has entered into a binding agreement with BASF to acquire BASF’s global glycinates business.

• Biochem

Industry titan AkzoNobel officially announced the completion of its sale of AkzoNobel India Limited (ANIL)—its liquid decorative coatings business in India—to JSW Group, one of India’s leading diversified conglomerates, for €1.4 billion.

On December 15, BASF said that its main plant in Ludwigshafen, Germany, will not carry out compulsory layoffs for at least the next three years and pledged to invest €1.5–2.0 billion annually in the modernization of the site.

• BASF

Japan’s Kuraray Co. has announced a restructuring of its global polymethyl methacrylate (PMMA) business and will transfer all shares of its wholly owned subsidiary, Kuraray Methacrylate (Zhangjiagang) Co., Ltd., to Jiangsu Shuangxiang Group Co., Ltd.

• Kuraray

Zydus Lifesciences has taken a major step into the global oncology biosimilar battlefield after announcing it will commercialize Formycon AG’s biosimilar version of Keytruda in the United States and Canada, marking one of the most strategically important

In a decisive move to sharpen its competitive edge, Asahi Kasei Corporation has announced it will cease production of hexamethylenediamine (HMD)—a key chemical intermediate—by April 2027.

Received an official notice from the Fengzhen Municipal People’s Government in Inner Mongolia ordering the immediate and complete shutdown of its entire production site for “comprehensive rectification.”

AkzoNobel has completed the sale of AkzoNobel India Limited (ANIL) to JSW Group, one of India’s leading diversified conglomerates. The transaction marks a significant milestone in the strategic portfolio review announced by AkzoNobel in October 2024.

• AkzoNobel
• JSW

Merck has opened a new semiconductor operations base in Taiwan, reinforcing the resilience of its global supply chain and strengthening its position within the semiconductor ecosystem.

• Merck

Barcelona-based fragrance company Eurofragance has opened its first creative center in Indonesia, strengthening its regional presence and innovation capabilities in Asia-Pacific.

• Eurofragance

In November, DuPont held a groundbreaking ceremony for its new MOLYKOTE specialty lubricants plant in Zhangjiagang, Jiangsu Province, marking an important step forward in expanding MOLYKOTE’s global production capacity, customer responsiveness...

• DuPont
• MOLYKOTE

Dow Europe Limited dropped two “price bombs” on the EMEAI (Europe, Middle East, Africa, and India) market: a €150/ton increase across all polyether polyols and a simultaneous €100/ton hike on all polyurethane systems.

Clariant has appointed Marcelo Lu as President-Designate of its Care Chemicals & Americas business, effective January 2026.

On December 1, 2025, the company confirmed that its polyurethane plant in Rotterdam, Netherlands, is grappling with an unplanned shutdown of its larger MDI production line—a 280,000-ton-per-year unit that went offline around November 21 due to an unexpect

Saudi Arabia has officially brought online the first phase of the Jafurah gas field—the largest unconventional shale gas project outside the United States.

Indian government has revoked mandatory quality certification requirements for seven critical petrochemicals, including key aromatics like para-xylene (PX) and toluene.

Norwegian coatings giant Jotun has sealed a landmark $330 million (RMB 2.3 billion) investment to build its most ambitious facility yet in Zhangjiagang, Jiangsu Province.

Estée Lauder's restructuring costs have reached $1.14 billion due to layoffs and business consolidation.

• Estee Lauder