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Company Dynamic

Cosmax Sets up Dedicated Sunscreen Laboratory in Hopes of Entering the U.S. Market

Cosmax Sets up Dedicated Sunscreen Laboratory in Hopes of Entering the U.S. Market

2024-02-05

Recently, Cosmax announced the establishment of a dedicated OTC laboratory for sunscreen products at its Korean R&L center. The facility will serve as a dedicated laboratory to support sunscreen products from research to production.

TotalEnergies Converts Plastic Waste Feedstock into Round Polymers at Texas Facility

TotalEnergies Converts Plastic Waste Feedstock into Round Polymers at Texas Facility

2024-02-05

TotalEnergies' polypropylene plant in La Porte, Texas, USA, is the first to convert plastic waste feedstock into recycled polymers.

Brenntag and KRONOS Renew Exclusive Distribution Agreement in Europe, Middle East and Africa

Brenntag and KRONOS Renew Exclusive Distribution Agreement in Europe, Middle East and Africa

2024-02-05

Brenntag, the global market leader in chemicals and ingredients distribution, announced the extension of its existing exclusive distribution agreement with KRONOS for titanium dioxide pigments (TiO2) in the Europe, Middle East, and Africa (EMEA) region.

Merck's K Drug Dominates the Pharmaceutical World with a Whopping $25 Billion!

Merck's K Drug Dominates the Pharmaceutical World with a Whopping $25 Billion!

2024-02-04

In a remarkable achievement, pharmaceutical giant Merck has emerged as the reigning champion in the pharmaceutical industry with its groundbreaking K drug.

Clash of Titans in the Multi-Billion Dollar Multiple Myeloma Market: Pfizer Takes on the Challenge?

Clash of Titans in the Multi-Billion Dollar Multiple Myeloma Market: Pfizer Takes on the Challenge?

2024-02-04

In recent news from China's pharmaceutical landscape, Pfizer has made a significant move by submitting a marketing application for elranatamab injection, a potential breakthrough treatment for relapsed or refractory multiple myeloma (MM) patients.

OMV Divests Malaysian Upstream Gas Assets to TotalEnergies

OMV Divests Malaysian Upstream Gas Assets to TotalEnergies

2024-02-04

Austrian oil, gas and chemicals group OMV has signed an agreement to divest its 50% stake in Malaysian gas producer SapuraOMV Upstream to TotalEnergies for $903 million, which includes the transfer of a $350 million loan granted by OMV to SapuraOMV.

Novartis Reports $45.4 Billion in Revenue for 2023, Pluvicto, Its Radiopharmaceutical, Surges by 261%

Novartis Reports $45.4 Billion in Revenue for 2023, Pluvicto, Its Radiopharmaceutical, Surges by 261%

2024-02-02

Novartis, one of the leading multinational pharmaceutical companies, recently disclosed its financial results for the fourth quarter and full year of 2023.

Takeda's $300 Million Prepayment: Introduction of Protagonist's Hepcidin Analog, a Drug Developed Exclusively by Maiwei Biotech in China

Takeda's $300 Million Prepayment: Introduction of Protagonist's Hepcidin Analog, a Drug Developed Exclusively by Maiwei Biotech in China

2024-02-02

In a significant move, Takeda Pharmaceuticals has announced a $300 million prepayment for the introduction of Protagonist Therapeutics' investigational drug Rusfertide, an analog of Hepcidin.

Evonik to Increase Precipitated Silica Production at Charleston Plant by 50%

Evonik to Increase Precipitated Silica Production at Charleston Plant by 50%

2024-02-02

Evonik, the world's leading silica manufacturer, will invest in the expansion of its precipitated silica plant in Charleston, USA.

Henkel Acquires Vidal Sassoon's Chinese Business from P&G

Henkel Acquires Vidal Sassoon's Chinese Business from P&G

2024-02-02

German consumer goods company Henkel has signed an agreement with Procter & Gamble (P&G) to acquire Vidal Sassoon in Greater China, including the Vidal Sassoon brand and its hair care-related Chinese business.

After China continues to impose the anti-dumping duty on 1,2-dichlorobenzene, will the pattern of Diuron in its downstream change?

After China continues to impose the anti-dumping duty on 1,2-dichlorobenzene, will the pattern of Diuron in its downstream change?

2024-02-02

After China continues to impose the anti-dumping duty on 1,2-dichlorobenzene, will the pattern of Diuron in its downstream change?

Guangxin Shares terminated the acquisition of 70% equity of Shixing and recovered 165 million yuan

Guangxin Shares terminated the acquisition of 70% equity of Shixing and recovered 165 million yuan

2024-02-02

On January 31, Guangxin Shares announced that the company held the 18th meeting of the fifth Board of Directors on January 30, 2024, to consider and pass the company's "Motion on rescinding the Equity Purchase Agreement";

Evonik to Upgrade MetAmino Production Plant in Singapore

Evonik to Upgrade MetAmino Production Plant in Singapore

2024-02-01

The upgrade of MetAmino (DL-methionine) production facilities at Evonik's Singapore site is proceeding as planned. After a three-month shutdown in the fourth quarter of 2023, MetAmino production in Jurong Island is operating at full capacity again.

Intersleek Bottom Coating Saves Maritime Industry $8B in Fuel

Intersleek Bottom Coating Saves Maritime Industry $8B in Fuel

2024-02-01

Real-world performance data collected from ships using International® brand Intersleek® 1100SR over the past 10 years shows the coating has cut ship fuel bills by $8 billion and reduced CO2 emissions by 41 million tonnes.

Aqemia, an AI Pharmaceutical Company, Secures ¥470 Million in Series A Funding and Attracts the Attention of Sanofi

Aqemia, an AI Pharmaceutical Company, Secures ¥470 Million in Series A Funding and Attracts the Attention of Sanofi

2024-02-01

Aqemia, a pioneering biotech company at the intersection of artificial intelligence (AI) and quantum physics, has recently announced a remarkable achievement.

UPL launches Zebu (Metarhizium anisopliae) in Brazil to combat pasture pests

UPL launches Zebu (Metarhizium anisopliae) in Brazil to combat pasture pests

2024-01-31

UPL announced the launch of Zebu, a biocide containing Metarhizium anisopliae, It is used against target pests including Mahanarva fimbriolata, Zulia entreriana and Deois flavopicta.

Novonesis and CHR. Hansen completed the merger, and Novonesis was officially established

Novonesis and CHR. Hansen completed the merger, and Novonesis was officially established

2024-01-31

On January 29, 2024, the proposed merger of the long-established companies Novonesis and CHR. Hansen was officially completed, which also announced the formation of Novonesis.

Rainbow obtained the patent of OD formulation containing Metamifop and Bispyribac-sodium and its  method

Rainbow obtained the patent of OD formulation containing Metamifop and Bispyribac-sodium and its method

2024-01-31

On January 26, 2024, according to the announcement of the State Intellectual Property Office, Shandong Rainbow obtained an invention patent entitled "a OD containing Metamifop and Bispyribac-sodium and its preparation method",

Evonik launches highly transparent and sustainable Trogamaid eco lmpact 75 polymer

Evonik launches highly transparent and sustainable Trogamaid eco lmpact 75 polymer

2024-01-31

Evonik has just launched Trogamaid eco lmpact 75, an extremely strong polymer for injection molding. The new product offers a high transparency of 88% and excellent chemical, crack and break resistance.

Pfizer's RSV Vaccine Achieves $890 Million in Sales in its First Year, Emerging as the Key Growth Driver

Pfizer's RSV Vaccine Achieves $890 Million in Sales in its First Year, Emerging as the Key Growth Driver

2024-01-31

In a significant milestone for Pfizer, the pharmaceutical giant reported impressive sales figures for its respiratory syncytial virus (RSV) vaccine in 2023.

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