Company Dynamic

Recently, as a pet food ingredient supplier giant, Royal DSM (Royal DSM) announced the acquisition of Erber Group's special animal nutrition and health business-Biomin and Romer Laboratories for 980 million euros

• DSM
• Acquisition
• Erber
• animal
• Healthcare

The reorganization of the agricultural sectors of China Sinochem and China National Chemical Corporation has finally settled. On June 19, Syngenta Group China, which was formed by Sinochem Agriculture, Syngenta, ADAMA and others, was formally established.

• Syngenta
• chemical
• Sinochem

Naturalx, a natural raw material company under Givaudan, has launched a new product, Ultimine™ Zinc (Ultimine™ Zinc), expanding its Japanese koji mineral product portfolio.

• Givaudan
• Naturex
• fermented zinc
• food&beverage

According to the website of the General Administration of Customs, from June 11 to 17, 2020, the national customs sampled imported meat, aquatic products, vegetables, fruits, aquatic animals, industrial products such as short-term or low-temperature trans

• Import
• health food

On June 17, BP released the 69th edition of BP World Energy Statistical Yearbook. The Yearbook shows that the world is embarking on a more sustainable path, such as renewable energy maintaining strong growth.

• BP
• Energy
• Global
• Growth Rate

Nippon China has successfully developed anti-viral coil coatings with a virus inactivation rate of over 99%

• Nippon
• Painting&Coating

Dow, Inc. (Midland, Mich.) and Johnson Matthey (London, U.K.) announced that China-based company, Zibo Qixiang Tengda Chemical Ltd. (QXTD), has selected LP Oxo Technology to produce isononyl alcohol (INA) at its new manufacturing facility.

• Dow
• China
• INA
• Chemical Manufacturing

As the market leader in aqueous dispersions and resins for the printing and packaging industry in Greater China, BASF has expanded its dispersion product portfolio at its production base in Huizhou, South China.

• BASF
• printing
• Packaging
• China

On June 6, essential oil producer Ultra International B.V. released the summer essential oil market report, which conducted an in-depth analysis of more than 90 essential oil products from 25 countries and regions around the world.

• geranium
• essential oil
• price
• product

Mitsubishi Chemical Corporation (MCC) and German new material startup AM Polymers GmbH (AMP) have signed an exclusive joint development and commercial cooperation agreement for industrial 3D printed polybutylene terephthalate (PBT) powder products.

• Mitsubishi
• chemical
• PBT
• 3D-Printing

With Wuhan back in action in so many ways, the city is proactively seeking foreign investment. It has made many efforts to recover its economy, after the unprecedented coronavirus pandemic hit the city.

• company news

BASF and China’s Red Avenue New Materials Group have signed a joint agreement that grants the latter the license to produce and sell certified compostable aliphatic-aromatic co-polyester, polybutylene adipate terephthalate (PBAT)

• BASF
• compostable PBAT
• China

On June 11, Johnson Matthey, a British specialty chemical manufacturer, said that due to the uncertainty caused by the coronavirus epidemic, it would cut its FY 2020 dividend and plan to lay off 2,500 people worldwide.

• Johnson Matthey
• lay off
• chemicals
• British

Heartland Food Products, a manufacturer of Splenda sweeteners, announced that it plans to invest in the cultivation and production of stevia in the United States.

• stevia
• U.S.
• Investment

Lucas Meyer Cosmetics, a cosmetic raw material company affiliated with IFF, believes that the company's pair of tomato-based brightening active ingredients has great potential in Asia.

• carotenoid
• IFF
• skincare

The plant will be built at QXTD’s integrated petrochemical complex in Zibo City, China, and produce 200,000 metric tonnes of annual capacity

• isononyl alcohol
• Dow
• China

Upfield Group, a manufacturer of margarine and other food spreads, announced that it plans to invest 50 million euros to build a new plant-based R&D facility in Wageningen, the Netherlands.

• plant based
• R&D
• Upfield
• food

On June 12, Royal DSM of the Netherlands announced that it had reached an agreement to acquire the Erber Group of Austria with an enterprise value of 980 million euros.

• DSM
• Erber
• Biomin
• Acquisition

June 11th – Dow launched a new generation of hybrid adhesives for the preparation of water-based screen printing inks, which have excellent durability, color brightness and opacity on fabrics made of synthetic fibers and natural fibers

• Dow
• hybrid adhesives
• printing
• product

The world-renowned large-scale integrated PA66 product series manufacturer Ascend Functional Materials announced in Shanghai on June 11 that it has signed an agreement to acquire Changshu City Hersbit New Material Co., Ltd.

• Ascend
• modified plastics
• functional materials