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Company Dynamic

Dow achieves double growth in sales and profits

Dow achieves double growth in sales and profits

2021-02-23

Recently, Dow released its financial report for the fourth quarter of 2020, stating that as the economy continues to recover, Dow has achieved both sales and profit growth, and most of its business has reached the level before the epidemic.

Celanese announces force majeure for many intermediate chemicals in Asia

Celanese announces force majeure for many intermediate chemicals in Asia

2021-02-22

On February 18, 2021, chemical producer Celanese Corp (Celanese Corp) stated that due to severe weather in Texas, it announced force majeure for deliveries in the Americas and Europe

Dow and other manufacturers have a long way to restart their petrochemical equip

Dow and other manufacturers have a long way to restart their petrochemical equip

2021-02-22

On February 19, the frost on the Gulf Coast of the United States began to ease. Frost weather has caused the region to have the lowest temperature in more than a century, but petrochemical producers still need to spend a longer time assessing

Givaudan launches 6 plant extracts that are good for skin

Givaudan launches 6 plant extracts that are good for skin

2021-02-22

Givaudan's active beauty department (Active Beauty) utilizes the beauty properties of nootropic materials to introduce 6 plant extracts that are beneficial to the skin.

Cangzhou Dahua 30,000 tons TDI plant shut down!

Cangzhou Dahua 30,000 tons TDI plant shut down!

2021-02-20

On February 18, Cangzhou Dahua issued an announcement stating that the company’s current production and operation of the 120,000-ton TDI device is normal, except for the 30,000-ton TDI device that has been temporarily suspended.

Analysis of the coating material market this week

Analysis of the coating material market this week

2021-02-20

As of February 18, the average price of epichlorohydrin companies was 10900.00 CNY/ton. During the Spring Festival, the production enterprises of epichlorohydrin basically maintained normal production, and the fundamentals changed little

Prices of two DSM UHMWPE products have increased!

Prices of two DSM UHMWPE products have increased!

2021-02-20

On February 15, 2021, DSM (DSM) announced a 15% increase in the global average price of its Dyneema® and Trosar™ UHMWPE products.

Repsol and Imecar create a bioethanol joint venture

Repsol and Imecar create a bioethanol joint venture

2021-02-20

According to news from Dow Jones on February 12, Repsol of Spain said on Thursday that the company has established a new company through its private equity investment fund Repsol Corporate ventures and Imecal SA in cooperation to convert municipal solid w

North China and Yanshan Petrochemical push customized medical polypropylene

North China and Yanshan Petrochemical push customized medical polypropylene

2021-02-20

On February 9, the gamma-irradiation-resistant medical polypropylene product customized by Huabei Huabei and Yanshan Petrochemical was successfully tested in the customer’s factory and achieved mass use.

Shell will invest 4-50 billion US dollars each year to develop chemical business

Shell will invest 4-50 billion US dollars each year to develop chemical business

2021-02-19

According to news from ICIS on February 18, according to a report in Chemical Weekly, Shell stated that it will invest US$4-5 billion annually to develop its chemicals and products business as part of a broader rebalancing of the group’s investment

BASF's Dutch natural fragrance factory is put into production

BASF's Dutch natural fragrance factory is put into production

2021-02-19

Toine Janssen, CEO of Isobionics, a Dutch biotechnology company under BASF, announced that a natural fragrance factory in Geleen, in the southern province of Limburg, has officially started production.

Laneige launches retinol lightening products, raw materials from BASF

Laneige launches retinol lightening products, raw materials from BASF

2021-02-19

This time, Laneige's first domestic listing of the light-stripe "Xiaolan Tube" officially opened the way for Laneige to high-end high-tech brands.

Roche's 2020 annual report is released, sales of innovative drugs surge

Roche's 2020 annual report is released, sales of innovative drugs surge

2021-02-19

Roche Group (Roche Group) sales in 2020 increased by 1% (CER) to 58.3 billion Swiss francs (a decrease of 5% in Swiss francs). IFRS net income increased by 17% (CER), core earnings per share increased by 4% (CER)

-4.1%, L'Oreal has not escaped a decline in 2020

-4.1%, L'Oreal has not escaped a decline in 2020

2021-02-19

L'Oréal Group released its 2020 annual report. The report shows that in the fourth quarter of 2020, L'Oréal Group sales increased by 4.8% year-on-year. For the whole year of 2020, L'Oréal Group recorded sales of 27.99 billion euros

The supply of petrochemical products in the Middle East market is tight.

The supply of petrochemical products in the Middle East market is tight.

2021-02-09

Recently, the petrochemical market in the Middle East is facing a tight supply situation. In addition to the shutdown of some refinery plants, the more important reason is the shortage of container supply.

Break the monopoly! Xilingyuan/Better cooperate to develop APIs

Break the monopoly! Xilingyuan/Better cooperate to develop APIs

2021-02-09

On February 8, the reporter learned from Tianfu Life Science and Technology Park that the iopromide API developed by Chengdu Xilingyuan Pharmaceutical Co., Ltd.

Top 25 most valuable chemical brands: BASF wins the top spot again

Top 25 most valuable chemical brands: BASF wins the top spot again

2021-02-09

Recently, the world’s leading independent brand valuation consulting firm, Brand Finance, released the “2021 World's Most Valuable Chemicals Brand” ranking list (2021 World's Most Valuable Chemicals Brand). Valued at 51 billion US dollars.

Shanghai's foreign investment rises 6.8%

Shanghai's foreign investment rises 6.8%

2021-02-08

Shanghai saw accelerated foreign investment growth in the first 11 months of this year as overseas investors looked to cash in on business opportunities.

Sumitomo Chemical turned from profit to loss

Sumitomo Chemical turned from profit to loss

2021-02-08

Recently, Sumitomo Chemical reported that for the first nine fiscal months ended December 31, 2020, the company's net profit fell 41% year-on-year to 21.94 billion yen.

Novo Nordisk expands production of raw materials/development of oral drugs

Novo Nordisk expands production of raw materials/development of oral drugs

2021-02-05

On Wednesday, Novo Nordisk said that it expects to invest about 8 billion Danish kroner (about 1.3 billion US dollars) in capital projects in 2021 to increase the production capacity of active pharmaceutical ingredients (API).

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