Company Dynamic

L'Oréal will invest over $80 million in Mexico by 2026 to expand production at its San Luis Potosí and Mexico City factories.

• L'Oréal

Univar Solutions and its Canadian subsidiary, Univar Solutions Canada Ltd. (Univar Solutions' Ingredients + Specialties division), have been appointed the exclusive distributor of select BASF specialty ingredients for industrial applications.

• Univar Solutions
• BASF

Brazilian agri-tech firm Simbiose has unveiled EficazControl, the nation’s first biopesticide based on the Paenibacillus ottowii strain, at the ANDAV 2025 conference.

The US EPA has announced a public comment period on Bayer’s application to register products containing the novel active ingredient Fluoxapiprolin, targeting a wide spectrum of crop diseases.

Eli Lilly has signed a $1.3 billion agreement with Superluminal Medicines to accelerate the discovery and development of AI-powered obesity treatments.

Eli Lilly will hike the UK list price of its weight-loss drug Mounjaro by a dramatic 170% starting September, pushing the monthly cost for the highest dose from £122 to £330.

Novo Nordisk has unveiled its breakthrough weight-loss drug Wegovy in South Africa, marking the therapy’s debut on the African continent amid soaring obesity rates.

On July 31, Syensqo released its Q2 and first-half 2025 results, reporting H1 net sales of €3.205 billion, a 3.8% decrease year over year, and gross profit of €1.02 billion, down 12.5%.

In late July, Saipem CEO Alessandro Puliti announced confidence in resuming the $20 billion Mozambique LNG project, led by TotalEnergies, before summer ends.

Sinopec and Spain’s Técnicas Reunidas have been awarded the front-end engineering design (FEED) contract for Saudi Arabia’s massive 4GW green hydrogen-to-ammonia project in Yanbu, by ACWA Power, a company under the Saudi Public Investment Fund.

On July 29, the Huajin Aramco Petrochemical and Raw Materials Complex hit a major milestone as 11 processing units—including sulfur recovery, hydrocracking, and multiple polyolefin lines—achieved mechanical completion simultaneously.

Ashland has released its Q3 2025 financial results, reporting $463 million in revenue—a 15% year-over-year decrease—but maintained a resilient adjusted EBITDA margin of 24.4%.

On July 31, Pirelli reported first-half 2025 results with revenue reaching €3.499 billion, reflecting a solid organic growth rate of 4.4%.

Chinese media report that China National Chemical Engineering Co. (CNCEC) and Egypt’s Red Sea National Petrochemicals Company have signed a landmark non-binding framework agreement in Beijing to drive the Red Sea Petrochemical Project in the Suez Canal Ec

Mitsubishi Corporation announced a $200 million plan to raise its stake in Thai Union from 6.19% to 20%, aiming to deepen strategic ties and strengthen its global seafood supply chain.

Pfizer has raised its full-year profit outlook after a strong second quarter, driven by robust demand for its blockbuster heart drug Vyndaqel and the blood thinner Eliquis.

Swiss pharmaceutical company Sandoz has announced plans to launch generic weight-loss medications in Canada at discounts of up to 70% compared to current branded versions once patents start expiring next year.

Noom is shaking up the weight-loss market by offering compounded versions of Wegovy for just $119 for a starter dose—less than one-tenth of the brand’s list price.

SABIC, the global diversified chemical leader, posted an adjusted net income of SAR 500 million (about RMB 960 million) for the second quarter of 2025, a sharp turnaround from a SAR 100 million loss in Q1—an improvement of SAR 555 million.

DuPont reported Q2 2025 net sales of $3.3 billion, up 3.1% year over year, while income from continuing operations soared 35% to $238 million under US GAAP.