Company Dynamic

On August 3, Givaudan announced on its official website that it has completed the acquisition of Alderys, a French flavor, fragrance and cosmetic raw material biotechnology company.

• Givaudan
• Alderys
• Acquisition
• Natural

Recently, after Givaudan announced its results for the first half of 2020, its chief financial officer accepted an interview with foreign media and predicted that spice prices will continue to rise.

• Givaudan
• spices
• prices

Unilever has established a partnership with biotechnology startup Algenuity to study the feasibility of microalgae as a food and beverage ingredient.

• Unilever
• microalgae
• investment

On July 30, Clariant announced its first-half performance report, with sales of 1.945 billion Swiss francs, a year-on-year decrease of 5%; a profit margin of 15%, a year-on-year increase of 0.1%.

• Clariant
• report
• business

Mitsubishi Chemical Advanced Materials announced the acquisition of two German carbon fiber recycling companies and is expected to complete the acquisition around early August.

• Mitsubishi
• chemical
• carbon fiber
• Recycle

After the oil price plummeted, the decline in demand caused by the epidemic continued to hit oil and gas companies hard!

• oil
• giants
• loss

Although Eni pointed out that the test rate is limited by surface test equipment, the discovery well is reported to be able to produce up to 32 million standard cubic feet per day of natural gas during the test period.

• oil
• gas
• Egypt
• European
• companies

As a leading brand in the coatings industry, Nippon Paint is a rare paint supplier in the industrial coatings field that has both powder coatings, water-based coatings and high-solid coatings products and technical capabilities.

• nippon paint
• market trends
• Coating

The China Tianjin Bulk Freight Index (TBI), an indicator of northern China's international bulk freight rates, stood at 746.90 points on Monday, down 2.84 percent compared with the previous working day.

• TBI
• China
• Data

In 2019, the Xiangshui explosion accident caused a major safety accident in Tianjiayi, one of the important domestic suppliers of m-phenylenediamine, which triggered a series of chain reactions among domestic chemical companies.

• Accident
• chemical
• factory
• market

Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced the start of a global (except for China) Phase 2/3 safety and efficacy clinical study.

• Pfizer
• BioNTech
• COVID-19
• Vaccine

Moderna has yet to confirm its pricing plan for its phase 3 COVID-19 vaccine, but that hasn't stopped analysts and politicians from debating how it and its rivals should strike the right balance between public health and profitability.

• moderna
• Vaccine
• COVID-19

On Tuesday, US Eastern Time, Kodak announced that it had received a US$765 million loan from the US International Development Finance Corporation under the US federal government to officially enter the pharmaceutical industry.

• pharmaceutical
• Kodak

Saudi Basic Industries Corporation plans to build its polycarbonate plant in Cartagena, Spain into the world's first large-scale chemical production base that operates entirely on renewable energy.

• SABIC
• energy
• Renewable

BASF announced on July 28 that it will provide customers with the total carbon dioxide emissions of its products, which is the "carbon footprint" of all products.

• BASF
• Carbon
• product

Evonik decided to increase the price of MetAMINO® (99% feed grade DL-methionine) in China by 1.5 yuan/kg, effective immediately. All signed contracts and supply agreements will be executed in accordance with the original terms.

• Evonik
• price
• DL-methionin
• China

Hassan Ahmed, a stock analyst at Alembic Global Advisors in the United States, recently lowered the earnings forecasts of some chemical companies for 2020 and 2021 due to the decline in profit margins, prices and industrial activities.

• Chemical Industry
• Revenue
• expectation

On July 27, the US "Chemical and Engineering News" (C&EN) released the list of the top 50 global chemical companies in 2020. With the spin-off of Dow DuPont, BASF regained the top spot

• SINOPEC
• chemicals
• companies
• rank

2020-Clariant will launch a new generation of formulas suitable for the Chinese personal care market to meet the wide-ranging needs of various customers. Starting from August 3, 2020

• Clariant
• China
• customized
• formulas

Recently, Mitsubishi Chemical Corporation and Nippon Paper Co., Ltd. announced that the two companies have jointly developed a recycled packaging material made of biodegradable materials.

• Mitsubishi
• Packaging
• Raw Materials
• product