Company Dynamic

IMCD has signed an agreement to acquire the business of Australian and New Zealand specialist distribution company ResChem Technologies Pty Ltd and ResChem Trust.

• IMCD
• ResChem

Henkel and Covestro join forces to develop sustainable adhesives for load-bearing wooden structures.

• Henkel
• Covestro
• polyurethane adhesives

As the Chinese New Year holiday unfolded, significant developments took place in the realm of pharmaceutical investments.

In 2017, the commercialization of CAR-T therapy marked a significant milestone for cell therapy.

Recently, Mitsubishi Chemical released new biodegradable biopolyester resins SA916N and SA916F.

• Mitsubishi chemical

Recently，Corteva announced that it will launch Floxcor specialty fungicide (active ingredient: Fluoxastrobin) for turf and ornamental plants in the US market to expand its disease management portfolio.

• Fluoxastrobin
• Floxcor
• Corteva

Basf recently announced that its Surtain herbicide has been approved for use by the U.S. Environmental Protection Agency, but it still needs state approval.

• Surtain
• Saflufenacil
• Pyroxasulfon

Mitsui and Kansai Paint decided to invest in Kansai Helios, a European paint and coatings manufacturer, with Mitsui and Kansai Paint holding 20% and 80% shares respectively.

• Mitsui
• Kansai Paint

In a recent development, Denali Therapeutics and Sanofi's collaborative phase 2 clinical trial for a potential amyotrophic lateral sclerosis (ALS) treatment has encountered a significant setback.

L'Oréal Group announced a minority investment in TO SUMMER. TO SUMMER, a local high-end perfume and fragrance brand in China, is inspired by Chinese oriental aesthetics, art and culture.

• L'Oréal
• TO SUMMER

Brenntag recently announced an agreement to acquire the chemical logistics base of Italian company Chimica D'Agostino. The base is located in the industrial area of Bari, connected to the Adriatic highway and with easy access to the seaside port.

• Brenntag

DVA Agro opens its first plant in Brazil and a global R&D center dedicated to high-performance agricultural additives

• DVA
• Agro
• INCENTIA
• additives

Two new pesticide products were unveiled at Show Rural 2024 in Brazil, along with two biologics.

• Presence
• Full
• Onsuva
• Premio
• Star

Biologics are becoming a new outlet in the agrochemical market

• Glyphosate
• Biologics
• agrochemical

Covestro is moving ahead with the implementation of a unique process to produce the important chemical aniline based entirely on plant biomass rather than petroleum for the first time.

• Covestro
• aniline
• plant biomass

AkzoNobel's powder coatings plant completes major capacity expansion in Como, Italy. This will help ensure supply to customers in Europe, the Middle East and Africa (EMEA).

• AkzoNobel
• Como Site

Henkel signs an agreement to acquire US-based Seal for Life Industries from Arsenal Capital Partners (US). Seal for Life is a specialist supplier of protective coatings and sealing solutions.

• Henkel
• Seal for Life

Covestro announced that it is developing a series of water-based and UV high-performance resins. It is suitable for industrial coating applications. This includes wooden furniture, cabinets and building products.

• Covestro
• UV resin
• waterborne resins

Nichino recently announced that its new herbicide ZEMBU™ has been approved by the California Department of Pesticide Regulation (CDPR) for paddy weed control. The active ingredient of the herbicide is Pyraclonil, the PPO inhibitor.

• ZEMBU™
• Pyraclonil
• PPO

Irene Tasi, PPG’s current senior vice president and chief growth officer (CGO), will serve as senior vice president of industrial coatings.

• PPG