Company Dynamic

Kuraray reported its 2025 half-year results with net sales of 399.96 billion yen (about 19.5 billion yuan), down 2.7% year-on-year, and net profit of 14.04 billion yen (about 680 million yuan), a sharp 53.9% decline.

BASF has signed a Memorandum of Understanding with Shanghai Fourier Intelligence to jointly assess and develop advanced material solutions for robotics applications.

Wanhua Chemical announced that its new 360,000-ton/year TDI Phase II unit at the Fujian Industrial Park has started production and is delivering qualified output.

Shengquan Group posted stellar results for the first half of 2025, with revenue reaching 5.351 billion yuan, up 15.67%, and net profit attributable to shareholders surging 51.19% to 501 million yuan.

Sinopec has officially announced the establishment of its Supercomputing Center, unveiling a dual-center layout in Beijing to accelerate digital transformation across its operations.

Lanxess reported a 17.1% drop in Q2 2025 EBITDA (pre-exceptionals), reaching €150 million compared to €181 million last year, as soft demand hit all business segments.

In early August, the world's leading beauty and personal care packaging company reached an agreement to acquire Amfora Packaging, a Bogotá-based plastic packaging manufacturer with operations in Colombia and Peru.

• Albéa
• Amfora Packaging

South Korea's petrochemical industry is undergoing an unprecedented reshuffle. Faced with global overcapacity and a sluggish market, the South Korean government has finally pressed the "restructuring button."

• South Korea
• NCC

Wanhua Gaoxin reported a stellar performance in the first half of 2025, with total revenue reaching 4.061 billion yuan, up 4.9% year-on-year, while net profit attributable to shareholders soared 97.47% to 256 million yuan.

China’s fixed asset investment (excluding rural households) reached a staggering 28.82 trillion yuan from January to July, up 1.6% year-on-year, according to new data from the National Bureau of Statistics.

Nippon Shokubai has unveiled plans for a new superabsorbent polymer (SAP) factory in Cilegon, Indonesia, through its local subsidiary PT. Nippon Shokubai Indonesia (NSI), with a total investment of $110 million.

Sinopec has announced a series of high-level personnel changes across its oilfield and exploration segments.

Aurobindo Pharma expects its China manufacturing site, launched in late November 2024 with over $145 million invested, to reach EBITDA break-even by the third quarter of FY26.

Haryana’s Narcotics Control Bureau is seeing unprecedented public backing in its ongoing battle against drugs, according to Director General O P Singh.

Glenmark Pharmaceuticals is aiming for 10–15% annual growth in its Indian business over the next two to three years, driven by a strong pivot to high-margin and branded products.

French skincare house Doré has unveiled two innovative skincare products created in collaboration with Evolved By Nature, a biotechnology company specializing in naturally derived bioactive ingredients.

• Doré
• Evolved By Nature

Sinopec Engineering (Group) Co., Ltd. (SEG) announced in its interim report that the company achieved revenue of RMB 31.559 billion in the first half of 2025, a year-on-year increase of 10.1%.

• Sinopec
• Sinopec Engineering

Covestro has signed a landmark deal with PTTGC’s subsidiary Vencorex to acquire HDI derivative plants in Rayong, Thailand and Freeport, USA, with the transaction expected to close by end of 2025.

On August 14, Sinochem and Dongfeng Motor Corporation signed a major strategic cooperation agreement in Beijing, witnessed by top executives from both state-owned giants.

Kangda New Material has announced a bold move to acquire a 51% stake in Chengdu Zhongke Huawei Electronics for 275 million yuan, making the high-tech IC firm its controlling subsidiary.