Company Dynamic

On September 30, local time, Firmenich announced the opening of a new biotechnology and natural extraction pilot plant and laboratory in Geneva.

• Firmenich biotechnology
• natural extraction plant

According to a report by Bloomberg News in Houston on October 7, 2020, the market value of Chevron, the second largest U.S. oil company, recently surpassed Exxon Mobil, the largest listed oil company in the United States

• Chevron market value
• ExxonMobil

The company said in a statement that imidazole is harmful to fish, and for humans, if swallowed, it can also cause skin burns and eye damage. The company stated that

• BASF factory
• hazardous materials

Several propylene plants in the region have unexpectedly shut down, the high-speed restrictions are lifted at the end of holidays, and the inflow of external resources may increase. The overall supply in the region is slightly tight.

• wanhua chemical
• market price
• Acrylic
• Propylene oxide

Recently, international chemical giants such as Nippon, BASF, and DSM have all adjusted the current industrial structure, and divested some negative or low-yield assets to adjust their performance structure.

• Nippon
• BASF
• DSM
• asset
• restructuring

On October 8, Givaudan’s 2020 performance report for the first three quarters of 2020 was announced on its official website. Sales were 4.790 billion Swiss francs.

• Givaudan
• edible sector
• sales fell

On September 29, Swiss flavor and fragrance giant Givaudan announced that it has divested its subsidiary Naturex's pectin business.

• Givaudan pectin business
• Herbstreith
• &
• Fox Group

Akzo Nobel recently announced an investment of 20 million euros (approximately 158 million yuan) to increase its powder coating production capacity in Como, Italy.

• Akzo Nobel Italy
• Powder Coating

Wanhua Chemical announced that the company intends to publicly transfer 100% of its wholly-owned subsidiary Shanghai Wanhua Keju. The value of the entire equity of Shanghai Wanhua Keju is estimated at 731 million yuan.

• Wanhua chemical
• Wanhua keju

Service that can help shipowners optimize vessel performance

• hempel coating
• hempel coating ship

The DuPont Human Microbiome Venture today announced a research partnership with The Procter & Gamble Company (P&G), focusing on the discovery and development of innovative next generation probiotics (NGPs) for human health.

• Collaboratio research
• P&G
• trend

Subsequently, the health food lipid innovation team of the School of Food Science conducted a detailed report on the preliminary research of plant-based special oil. Yu Jun, equipment expert of Yihai Food Research Institute, introduced the company's situa

• IFF cooperation
• fat flavor
• plant based special oil

On September 20, 2020, Dahidi's first future demonstration plant, the Dowler plant, was officially launched.

• china steak market
• china food market

At present, about 33% of the company's factories use renewable energy, and there are more renewable energy under development, which shows its intention to stay at the forefront of sustainable development in the coatings and coatings industry.

• Akzo Nobel expand

AkzoNobel is investing €20 million to increase the production capacity of its powder coatings in Como, Italy

• akzonobel situation
• akzonobel trend

BASF expects to reduce the total number of employees at its Global Business Services division by 2,000 by the end of 2022, according to the report.

• basf news
• BASF company

Recently, Unilever announced a new partnership with Google Cloud to use its technology to find solutions for sustainable palm oil.

• sustainable palm oil
• google cloud

Recently, BASF issued a price increase letter stating that due to significant and rapid increases in raw material costs, BASF will be making the following product-related price increases in the Asia Pacific region effective October 1, 2020

• basf PA66
• basf price china

The continued decline in the superimposed crude oil price will collapse the cost of ethylene glycol. It is expected that the ethylene glycol 2101 contract in the future may continue to fall.

• ethylene glycol downside

On the evening of September 24, Wanhua Chemical Group Co., Ltd. (hereinafter referred to as the company or Wanhua Chemical) issued an announcement that starting from October 2020

• MDI price
• Wanhua