Company Dynamic

On September 24, German industrial giant Henkel officially opened its new Adhesive Technologies Inspiration Center in Shanghai, with a total investment of approximately €60 million.

• Henkel

On September 8, Dow and Hisense Home Appliances Group signed a strategic Memorandum of Understanding, a move that marks a new stage in their partnership.

Givaudan’s Fragrance Ingredients division has launched a new natural extract designed to impart a distinctive olfactory signature to personal care and fine fragrance products.

• Givaudan

Shandong pet coke prices dropped sharply in mid-September despite rising crude oil, due to weak demand and cautious downstream buying.

• Refined petroleum coke
• prices declining
• market conditions
• downstream buyers cautious

IMCD, a global distribution and formulation partner of specialty chemicals and ingredients, has signed an agreement to acquire 100% of the shares of Tillmanns.

• IMCD
• Tillmanns

Cadmium sulfide properties and uses explained clearly—why it's prized in pigments and semiconductors, and how to handle it safely.

• cadmium sulfide
• cadmium sulfide properties and uses

This week, the market price of epichlorohydrin in China has significantly decreased As of September 19, the benchmark price was 12,200 CNY/ton, a 615% decrease from the beginning of the week The prices of raw materials, propylene and glycerol, have risen, and the profitability of the glycerol method has turned from loss to profit, prompting companies to increase production

• Epichlorohydrin: Market prices decline
• raw material cost support
• supply increases

According to insiders on September 16, SK Geo Centric, a subsidiary of South Korea’s SK Group, is planning to sell its entire 35% stake in Sinopec-SK Wuhan Petrochemical Co., Ltd.

• SK
• Sinopec

This week, 85% industrial-grade thermal phosphoric acid prices in China fell slightly by 0.15%, with an average price of 6,700 CNY per ton. Factory quotes in Hubei, Yunnan, and Sichuan regions have been reduced. The price of raw material yellow phosphorus has fallen, weakening cost support. It is expected that the short-term phosphoric acid market will mainly operate in a consolidation phase.

• Phosphoric acid prices
• market analysis
• chemical raw materials
• yellow phosphorus prices

On September 12, 2025, Mitsui Chemicals announced that its TDI production facility, which had been shut down due to an accident, has successfully restarted operations.

On September 11, the Abu Dhabi National Oil Company (ADNOC) moved to address concerns raised by the European Union regarding its planned €14.7 billion ($17.2 billion) acquisition of Covestro.

On September 12, BASF signed a strategic innovation cooperation agreement with Zhejiang University’s Quzhou Institute to advance sustainable materials and processes.

On September 5, NHU announced progress at its joint venture with Sinopec, Ningbo Zhenhai Refining & Chemical NHU Biotechnology Co., which has successfully produced qualified output from its 180,000 t/year liquid methionine project.

On September 5, NHU announced progress at its joint venture with Sinopec, Ningbo Zhenhai Refining & Chemical NHU Biotechnology Co., which has successfully produced qualified output from its 180,000 t/year liquid methionine project.

BASF and Nihon Nohyaku announced an agreement under which Nihon Nohyaku will exclusively distribute BASF’s fruit crop protection products in Japan.

Symrise has announced the opening of a new production unit at its site in Granada, Spain. The facility is dedicated to manufacturing Hydrolite® 5 green, a high-quality bio-based pentylene glycol produced by its cosmetic ingredients division.

• Symrise

Mitsubishi Gas Chemical (MGC) announced that it will suspend construction of the meta-xylylenediamine (MXDA) manufacturing plant at its consolidated subsidiary, due to construction delays, rising construction costs, and changing market conditions.

• Mitsubishi Gas Chemical

LyondellBasell, a global leader in the chemical industry dedicated to delivering solutions for sustainable everyday living, has launched a new laboratory extrusion line and upgraded the processing workshop at its Suzhou Technology Center in China.

• LyondellBasell

ExxonMobil is reportedly weighing the sale of several petrochemical plants in the UK and Belgium, with potential valuations reaching $1 billion, according to people familiar with the matter.

Nowhere is the pressure greater than in the beauty and personal care sector, where everything—from bottles to leak-proof dispensers—relies heavily on plastics.