Company Dynamic

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

On September 21, the Human Microbiome Venture Capital Division of DuPont announced the establishment of a research partnership with Procter & Gamble, focusing on the discovery and development of innovative next-generation probiotics for human health.

• next generation probiotics

Hansen recently announced that it has signed an agreement to acquire HMO producer Jennewein Biotechnologie for EUR 310 million, officially entering the human milk oligosaccharide (HMO) market.

• Hansen
• Jennewein
• HMO

According to Platts analysis data, global ethanol production in 2019 is estimated to be approximately 113 billion liters, compared to approximately 108 billion liters in 2018.

• global ethanol market
• factories shut down

On this energy transition road, there are many “radicals” such as Shell, Total, and Statoil that aim to achieve net zero emissions, and there are also “slowers” such as Gazprom and Saudi Aramco who intend to reduce their carbon footprint.

• shell oil transformation
• zero emission

Ultramid Advanced N flame-retardant polyphthalamide (PPA) is used to make the terminal head located on the junction box, which helps power charging and data synchronization.

• BASF Casio
• PPA material

• Dow
• environmental protection
• Plastics cirular economy

Sanofi and GSK today completed and signed an advanced purchase agreement with EC to supply up to 300 million doses of COVID-19 vaccine once the vaccine is approved.

• sanofi covid 19
• gsk vaccine

Master Kong Holdings recently released its interim results for 2020, and as of June 30 this year, the company's revenue rose 8% year-on-year to $32.934 billion and net profit was $2.653 billion, up 47.26% year-on-year.

• china beverage market
• master kong market

After analyzing the domestic and foreign markets of butanol and the application of downstream products, the production capacity of butanol products has been overcapacity, and the market demand for downstream products is insufficient。

• butanol surplus
• downstream insufficient

On April 22, Yangzi Petrochemical-Basif Co Ltd, a 50-50 joint venture between Sinopec and BASF, announced the expansion of its neopentyl glycol capacity.

• BASF china
• Neopentyl Glycol china
• Neopentyl Glycol BASF

Currently, the company has received an advance payment of 380 million euros (approximately US$448 million) from Roche and will also be eligible for additional milestone payments.

• Roche acquisition
• Inflazome