Company Dynamic

On April 13, Avante announced the launch of CESA fiber additive products.

• infrared heat storage fiber additive

Recently, Japanese integrated energy company ENEOS and France's Total Energy jointly announced that the two parties will establish a joint venture in Asia.

• renewable energy

On April 22, Biogen announced that it had notified the European Medicines Agency (EMA) of its decision to withdraw the Marketing Authorization Application (MAA) of its new drug Aduhelm (aducanumab)

• Biogen
• Alzheimer's drug
• Aduhelm

As of April 20, Zhenhai Refinery has been in operation for the 12th anniversary of the first million-ton large-scale ethylene production, with a cumulative production of 12.85 million tons of ethylene, with a return on investment exceeding 257%.

• Refinery
• Ethylene

Recently, Bernardo Alvarez, deputy CEO of Braskem Idesa, a joint venture between Brazil's Brasco and Mexico's Idesa Group, said that the company is embarking on its 25,000-ton/year polyethylene (PE)

• Blasco
• polyethylene
• PE

Recently, Sumitomo Chemical announced that the company will decommission its 85,000-ton/year caprolactam production facility in Niihama, Ehime Prefecture in October 2022.

• Sumitomo chemical
• Caprolactam

LyondellBasell recently released its 2021 Sustainability Report, which outlines the company's goals in helping to reduce plastic waste in the environment, combat climate change and support a prosperous society.

• LyondellBasell
• Sustainability

Saudi Basic Industries Corporation (SABIC) announced today that it has partnered with Mattel, the world's leading toy manufacturer.

• SABIC
• Mattel

On April 24, Medicilon disclosed its 2021 annual report. The company achieved revenue of 1.167 billion yuan, a year-on-year increase of 75.28%

• Medicilon
• financial performance

DSM announced on April 20 that it will sell its protective materials business to Avient for a value of 1.44 billion euros (about 10.1 billion yuan).

• protective materials business

On April 21, Dow announced plans to expand its global alkoxylation product capacity in the U.S. and Europe to meet a wide range of fast-growing end markets.

• Alkoxylation Product Capacity

On April 20, the construction of Longjiang Chemical's bisphenol A project with an annual output of 200,000 tons started

• bisphenol A

On April 21, the 2022 Nanjing major investment project and the central enterprise regional headquarters project signing event was held.

• BASF Yangtze

Roche announced today that the European Commission for Medicinal Products for Human Use (CHMP) has recommended conditional approval of mosunetuzumab, a bispecific antibody targeting CD20 and CD3

• Roche
• Bispecific therapy

According to theplasticsexchange, at least two North American Tier 1 railroad companies said they would implement traffic distribution controls due to domestic rail congestion.

• Ineos
• petrochemical industry

According to a report by Bloomberg News on April 18, 2022, U.S. natural gas prices surged to a 13-year high.

• Natural Gas Prices

AbbVie is ending an alpha-synuclein antibody collaboration agreement with BioArctic on Parkinson's disease and other movement disorders, according to the latest news.

• AbbVie
• BioArctic
• Parkinson

Covestro announced a partnership with SmartGuard Rx Inc. to provide the latest formulation of its SmartGuard anti-snoring product, designed to relieve snoring.

• Covestro
• SmartGuard
• Polycarbonate
• Anti-snoring

Entering mid-April, the domestic corn starch market is still not prosperous in the peak season, the downstream demand for starch continues to be sluggish, and the trade entities have a strong wait-and-see attitude. RMB/ton, down 1.06% from April 1.

• Corn starch

On April 20, the price of monoammonium phosphate was stable, which was unchanged from the previous trading day.

• Monoammonium Phosphate