Company Dynamic

BP and Linde have announced plans to advance a large-scale carbon capture and storage (CCS) project in the US state of Texas that will enable the production of low-carbon hydrogen at Linde's existing facilities.

• BP Linde
• low-carbon hydrogen production

On June 1, DuPont announced that its new DuPont Liveo medical-grade silicone adhesive production base in Cooper River, South Carolina, USA officially opened, aiming to provide better services to customers around the world.

• DuPont
• medical additive base

• global power battery market

On June 1, LyondellBasell announced the launch of an official flagship store on a well-known e-commerce platform to provide LyondellBasell Chinese customers with a more flexible and convenient digital service experience.

• LyondellBasell
• e-commerce platform

On the evening of June 5, WuXi PharmaTech announced that the company's current production and operation activities in Shanghai have basically returned to normal.

• revenue

Air Liquide, CaetanoBus and Toyota Motor Europe have signed a memorandum of understanding to develop integrated hydrogen solutions.

• hydrogen energy transportation

Recently, the Bloomberg NEF Institute (BNEF) released the report Decarbonizing the Petrochemical Industry: A Path to Net Zero Emissions.

• petrochemical industry
• net zero emissions

On May 24, the first batch of 105 tons of 1-hexene products exported by Daqing Petrochemical Company has been successfully delivered to customers.

• Daqing petrochemical
• 1-hexene

On June 1, Repare Therapeutics announced that it has entered into a global license and collaboration agreement with Roche for the development and commercialization of camonsertib (RP-3500).

• Roche
• ATR inhibitor

The latest news shows that GlaxoSmithKline will complete its spin-off in July into two companies, a new GlaxoSmithKline company focused on the pharmaceutical business, and Haleon, an independent consumer health business.

• Pfizer
• Haleon

On June 14, Clariant announced that it had entered into a definitive agreement to divest its pigment business to a consortium of Heubach Group and SK Capital Partners for an enterprise value (EV) of CHF 805 million (approximately US$ 952.7 million).

• Clariant
• pigment

On June 14, under an existing agreement, LANXESS is raising prices for inorganic pigments globally, effective immediately.

• LANXESS
• inorganic pigments

In cooperation with SI Coatings, a company of the Huehoco Group in Wuppertal, Germany, Evonik has developed a water-based primer based on VESTOSINT® polyamide 12 powder for the preparation of steel in the fluidized bed coating process.

• waterborne primers for polyamide coatings

On May 19, Solvay announced that it will launch Kalix 10000, an ideal structural material for the manufacture of precision electronic components for smart devices, further expanding the Kalix product portfolio.

• Solvay
• sustainable high-performance
• - polyamide

The century-old Royal DSM Group has taken a key step in its strategic transformation.

• DSM

On May 31, Takeda announced that, effective August 1, 2022, the company will return to Moderna the commercialization rights of Moderna's new coronary pneumonia vaccine Spikevax (mRNA-1273) in Japan.

• Takeda
• covid-19 vaccine
• Spikevax

On May 31, Wanhua Chemical Group Co., Ltd. released the MDI price announcement in China for June 2022.

• Wanhua chemical
• MDI

On May 31, the CDE official website showed that Johnson & Johnson’s new indications for ibrutinib capsules (Imbruvica, Yike) have been accepted for marketing, but the details were not disclosed.

• Johnson
• BTK inhibitor
• Ibrutinib

On May 24, the average retail price of regular gasoline in the United States was $4.598 per gallon (about 8.1 yuan per liter), up 51% from $3.039 a year ago.

• BASF
• DOW
• Mitsui Chemical
• Mitsui chemicals

Recently, according to US media citing sources, LG Chem is exploring possible overseas acquisitions to expand its battery materials business.

• LG
• battery materials