Company Dynamic

The use of broad spectrum contact protective fungicides in soybean production in Brazil during the 2022-2023 planting season increased by 218 percent compared to the previous season,

• pesticide
• fungicides
• agrochemical

Argentine bio-input company Surcos has announced that it will invest $36 million in global expansion by 2030, saying that it plans to enter 12 global markets while focusing mainly on Brazil and the United States.

• Surcos
• Herbicide
• agrochemical

According to ICIS news on December 7, Shell's petrochemical assets in Singapore will be divested. It is reported that three Chinese companies have entered the shortlist of bidders.

• Shell
• Singapore factory

In order to further strengthen the sustainability and competitiveness of TDI (toluene diisocyanate) production in European flexible foam production, Covestro will invest millions of dollars in the modernization of its Dormagen production plant until 2025.

• Covestro

Recently, the Chinese company Tangshan Sanfu New Materials Co., Ltd. stated that the company’s current production of electronic grade special gas of electronic grade dichlorodihydrosilicone and electronic grade trichlorosilane are in the stage of graduall

• Tangshan Sanfu

Recently, revolutionary software jointly developed by AkzoNobel’s powder coatings business and coatingAI is using artificial intelligence to help customers improve their application processes and reduce their carbon footprint.

• AkzoNobel

December 6, 2023 – Chemical giant Clariant announced the closure of its sunliquid® bioethanol manufacturing plant in Podari, Romania, and the reduction of related activities in the German biofuels and derivatives business line.

• Clariant

Brenntag (ISIN DE000A1DAHH0) details its strategic transformation and growth path including updated mid-term targets until 2027.

• Sustainability Natural Cosmetics
• Brenntag

More than 80 companies are in the cultivated meat business, and all will have to go through the joint FDA/USDA line for regulatory approvals.

• lab-meat
• USDA

The ingredient offers improved skin brightening, clarity and glow and clinically proven efficacy in reducing the appearance of dark spots and hyperpigmentation, according to Unilever.

• Cosmetics New Ingredients
• Cosmetics New Formulas

The 36th Heilongjiang Plant Protection Information Exchange and Pesticide Equipment Trading Fair (2023) will be held in Harbin from December 12 to 13.

• Pesticide
• agrochemical
• technical

This collaboration aims to turn gym sessions into a holistic wellness experience, allowing Crunch members to indulge in the rejuvenating ambiance of a spa without leaving the weights or treadmill behind.

• Investment Trends of Large Cosmetics Chemical Companies

CYNDA plans to invest ¥180 million in the construction of projects with 1,800 t/a pesticide technicals such as Picolinafen

• pesticide
• Picolinafen
• technicals

Currently, one of the main issues affecting the country's agrochemical market is social and political instability, as well as a 30% increase in the price of agrochemicals due to the tax policy

• agrochemical
• Nicaragua
• Pesticide

Notpla’s seaweed-based packaging has become the first material to be recognised by the Dutch government as plastic-free under the European Single Use Plastics Directive, reducing reliance on traditional plastics

• Notpla
• SUPD
• disposable plastic food packaging
• Seaweed-Based

On November 29, Ineos announced that it plans to close a PTA unit in its integrated paraxylene (PX) and purified terephthalic acid (PTA) production facility in Hull, Antwerp, Belgium.

• Ineos
• PTA unit

On December 4, South African pharmaceutical company ASPEN spent US$100.3 million to acquire Sandoz’s Chinese business, aiming to expand its global influence.

• Sandoz
• ASPEN

Amorepacific's 'Lipcure Beam' technology has been honored with the Consumer Electronics Show 2024 (CES 2024) Innovation Award, marking the company's fifth consecutive win at the influential worldwide tech event.

• Decorative Cosmetic
• Skin care

According to Reuters news on the 5th, Roche has decided to acquire obesity drug developer Carmot for US$2.7 billion, joining the obesity drug competition dominated by giants such as Novo Nordisk and Eli Lilly.

• Roche
• Carmot
• obesity
• drug

Shiseido has discovered that the nasal skeleton structure is related to such future skin conditions as wrinkles and sagging and the characteristics of internal skin, such as tissues. It has developed a tool for predicting skin conditions.

• Shiseido
• Skin care