Company Dynamic

In a sudden development, Yangfan New Material Co. – a Chinese UV-curable coatings leader – disclosed on August 25 that its controlling shareholder and actual controller is under official investigation by local authorities .

On August 25, Avery Dennison – a global materials science and labeling solutions leader – announced it has signed a definitive agreement to acquire Meridian Adhesives Group’s flooring adhesives business in the U.S. for $390 million .

AstraZeneca plans to submit baxdrostat for regulatory review by the end of 2025, aiming for potential approvals in 2026 starting in the U.S. and EU.

On August 18, Qingdao Huaxi New Material Technology Co., Ltd. and Japan’s Inoue Lime Industry Co., Ltd. officially signed a joint venture agreement to establish Qingdao Huaxi Inoue New Material Co., Ltd..

• Qingdao Huaqi
• Inoue

IMCD has signed an agreement to acquire 100% of Tillmanns’ shares.

• IMCD
• Tillmanns

Evonik has inaugurated its new state-of-the-art alkoxide production facility in Jurong Island, Singapore, marking a significant milestone in the company’s global catalyst strategy.

• Evonik

Asahi Kasei, a diversified global manufacturer, will increase production capacity for PIMEL photosensitive polyimide (PSPI) at its facility in Fuji City, Shizuoka Prefecture, Japan.

• Asahi Kasei
• PSPI

dsm-firmenich, a leading innovator in nutrition, health, and beauty, announced the opening of a newly expanded flavors facility in Kerala and the groundbreaking of a state-of-the-art, greenfield Taste manufacturing facility in Gujarat.

• dsm-firmenich

Danish pharma giant Novo Nordisk has confirmed the theft of six batches of its products—including insulin brands Ryzodeg and Fiasp, and weight-loss drug Wegovy—during transit from its Bhiwandi hub to several Indian cities.

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.