Company Dynamic

The new mobile communication standard 5G is steadily advancing. This development has also increased the demand for materials that promote and ensure high transmission rates of 5G signals.

• Covestro
• TPU
• polycarbonate material
• 5G

On July 21, local time, a chemical spill occurred at the Dow Chemical Company in Laporte, Texas.

• Dow
• crude oil

Due to heavy rains hitting the Novara factory in Italy, causing a power outage in the factory, PA66 and its intermediate products produced by the factory, including HMD, adipic acid, nitric acid, PA66-salt, etc., all declared force majeure.

• factory overhaul

Symrise AG recently announced that it has agreed to make a strategic investment in Swedencare, a Swedish multinational supplier of pet health products.

• functional ingredients
• pet functional food

Recently, as the global epidemic has eased, global chemical mergers and acquisitions have become active again.

• chemical M&A
• Southeast Asia

Azelis, a global service provider of specialty chemicals and food ingredients, announced on July 20 that it has signed a contract to acquire French raw material distributor Quimdis.

• spice
• Quimdis
• Azelis

Recently, Symrise, a German flavor and fragrance, food ingredients and cosmetic raw material company, announced the launch of a lily of the valley flavor-Lilybelle.

• Symrise
• spice
• chemical fragrance

Recently, Jotun Group and Kansai Marine Coatings (KPM) have renewed their existing cooperation agreement until December 31, 2027.

• Jotun
• Kansai Marine
• coating

Recently, Bridgestone announced that the company’s four tire plants in Hikone, Tosu, Shimonoseki, and Kitakyushu in Japan have all used externally purchased renewable energy power

• Bridgestone
• renewable energy

The German Federal Water Transport Administration WSV issued an announcement that due to continuous heavy rains in southwestern Germany last week

• Rhine
• BASF

Recently, 21 Data News Lab released the list of "Top 500 Chinese Listed Companies by Market Value in the First Half of 2021", and the statistical time is up to June 30, 2021.

• listed companies
• chemical industry

The dual raw material market continued its upward trend last week, especially bisphenol A, which rose by more than 3,000 CNY/ton in a single week.

• bisphenol A
• Price

The big health industry has become the market outlet, and oral beauty is emerging, becoming a new market demand point and a major global consumer trend

• oral beauty
• collagen tripeptide

Starting from July 15th, the price of polyurethane series products shipped in North America will increase by 0.1 US dollars/lb (approximately 1,428 CNY/ton), and the increase in specific polyurethane systems is expected to be even higher.

• BASF
• polyurethane
• epoxy

On July 18, Guangdong Jushi Chemical Co., Ltd. (hereinafter referred to as "Jushi Chemical") issued an announcement that it plans to invest no more than 160 million yuan in the construction of a production base for modified plastic particles and

• modified plastics
• degradable materials

The Anti-Monopoly Bureau reported on July 14 that the acquisition of Sinopec Mitsubishi Chemical Polycarbonate (Beijing) Co., Ltd. by China Petroleum & Chemical Corporation entered the public notice period from July 14, 2021 to July 23, 2021.

• Sinopec
• Mitsubishi Chemical
• Polycarbonate Resin

According to news, North China and Huaibei regions ushered in the strongest rainstorm! Many provinces across the country recommend to enter flexible work (equal to no work)!

• factories shut down
• climate

In just one week, another chemical M&A transaction with a transaction value of more than 30 billion yuan!

• coating resin

On July 12, private equity investor Advent announced that it has signed an agreement to sell paint resin manufacturer Allnex to PTT Global Chemical Co., Ltd.

• PTTGC
• paint resin
• Allnex

Recently, Cangzhou Dahua Co., Ltd. issued an announcement that the co-polysilicon PC product has been successfully commissioned for a trial run recently.

• chemical company
• PC