Company Dynamic

On March 2, Evonik released full-year financial results for 2022, saying it met its targets on schedule and delivered solid earnings in a difficult environment.

• evonik

Huntsman earlier reported fourth quarter and full year 2022 results. Fourth quarter revenue of $1.65 billion, net loss of $91 million, adjusted net income of $8 million, adjusted EBITDA of $87 million; For the full year, net income was $460 million.

• Textile dyeing and chemical Division

Recently, some companies such as ABA Chem and NPS released their 2022 annual performance reports.

• NPS
• agrochemical
• technical

Recently, the media has been analyzed on the Glyphosate and PMIDA business of Hebang. As a leading enterprise in the domestic PMIDA industry, and Hebang still has a larger space for expansion.

• Glyphosate
• PMIDA
• chemical

At present, many domestic enterprises have carried out differentiation transformation on allogeneic CAR-T to explore new ways out.

• CAR-T

On February 24, Nutrichem released a performance bulletin, the company in 2022 from January to December to achieve operating revenue of 8.191 billion yuan, a year-on-year growth of 11.39%.

• Nutrichem
• agrochemical
• technical

Recently, the key project of Bengbu in the first quarter, namely RMF’s technical project, the mobilization meeting was held in Muhekou Industrial Park.

• technical
• Chlorantraniliprole
• intermediates

Qianjiang Biochemical announced on February 27 that its wholly-owned subsidiary Zhejiang Qichao plans to invest about 459 million yuan to construct the relocation project of Qianjiang Bio-pesticide biopesticide technicals and formulations

• biopesticide
• technical
• Formulation

According to the "2022 Performance Report" released by the BASF Group on February 24, the sales of the BASF Group in 2022 will be 87.3 billion euros, a year-on-year increase of 11.1%.

• BASF

Recently, LANXESS announced that it will cooperate with Covestro to produce raw materials that are more sustainable and have a smaller carbon dioxide footprint, and have reached an agreement on the production of key basic chemicals.

• LANXESS

Linde announced that the company has signed a long-term agreement with OCI to invest US$1.8 billion to supply clean hydrogen and other industrial gases to OCI's world-scale blue ammonia plant in Beaumont, Texas, USA.

• Linde

Recently, PTT Global Chemicals (PTTGC) released its financial report for the fourth quarter of 2022.

• PTTGC

Recently, DuPont released its financial performance report for the fourth quarter and full year of 2022. 2022 DuPont net sales of $13.0 billion, up 8% from prior year.

• DuPont

According to a report recently released by the Lithium Bridge Alliance (Li-Bridge), a public and private partnership in the United States, by 2030, the global demand for lithium batteries will surge by more than 5 times.

• lithium
• battery

The U.S. Food and Drug Administration (FDA) has issued a public warning for oysters in the Canadian province of British Columbia due to a norovirus outbreak, according to Food Safety News Network.

• oyster

Deciding to initiate an anti-dumping investigation against imports of phthalocyanine pigments (hereinafter referred to as the investigated products) from India.

• Anti-dumping Investigation

Earnings are under pressure and job cuts are expected

• BASF

Evonik has announced an investment of €25 million to upgrade and expand its methionine intermediate 3-methylthiopropanal (MMP) production plant in Wetherling, Germany. This latest initiative will further strengthen its global methionine production network

• MMP plant