Company Dynamic

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

• Shell chemical

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.

• BASF natural fragrance

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.

• retinol lightening
• BASF

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)

• roche

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

• L'Oreal
• corporate growth

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.

• petrochemical products supply
• Container

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

• APIs development

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.

• BASF
• brand valuation consulting

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

• shanghai trade
• china export

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.

• Sumitomo chemical

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).

• Novo Nordisk
• oral drugs

Recently, the "Wall Street Journal" reported that Exxon Mobil is discussing a merger with Chevron, another US oil company. If the deal is concluded, it may be one of the largest corporate mergers in history.

• corporate merger
• chemical industry
• Exxon Mobil

Eastman announced that its new dimethylethanolamine (DMAE) plant has recently been successfully put into operation at the Nanjing plant.

• dimethylethanolamine plant
• Eastman

Starting from February 15, 2021 or the time allowed by the contract, BASF will increase the price of Lupranate polymerized MDI products and polymerized MDI mixtures by US$0.20/lb

• BASF
• MDI price

On January 29, Stepan announced that it had acquired Invista's aromatic polyester polyol business and related assets.

• Stepan
• INVISTA
• aromatic polyester polyol

Up to now, the Fushun Petrochemical Olefin Plant has produced more than 70,000 tons of polymer products such as bottle cap materials and film materials of 7 brands in January, directly generating profits of over 100 million yuan.

• Petrochemical
• polyolefin

Dow, the world's leading material science company, participated in the American Institute of Cleaning (ACI) virtual summit held from January 25th to 29th and launched ACUSOL™ Prime 1 polymer during the forum

• Dow
• biodegradable dispersant

Braskem is the world's leading producer of biopolymers and pharmaceutical intermediates. In 2010, the company introduced green polyethylene to the market, which is a product produced from the renewable resource sugarcane ethanol.

• Blaskem
• chemical giant

At the beginning of the Year of the Ox, looking back at last year's futures market, the "coal" was dancing and the bean market was skyrocketing, and the waves were magnificent and vivid.

• ethylene glycol

In order to meet the current market demand in the healthcare market, medical equipment, biopharmaceutical business, and coronavirus vaccine research and development

• DuPont
• medical silicone