Company Dynamic

Beiersdorf has completed a €300 million expansion of its production site in Poznan, Poland, doubling annual production capacity to 500 million units and strengthening the site’s position as a key hub in the global skincare supply chain.

• Beiersdorf

P&G announced plans to cut 7,000 jobs and exit some brands and product categories over the next two years in response to global economic uncertainty and weak consumer demand.

Hunan Zhongke Electric Co., Ltd., a listed Chinese battery materials manufacturer, announced plans to invest approximately $1.1 billion to build Oman's first lithium-ion battery anode material production base.

• Zhongke Electric

Chemicals maker LyondellBasell (LYB) said on June 5 that it is in exclusive talks with Munich-based investment firm AEQUITA to sell some of its European olefins and polyolefins assets.

• LyondellBasell
• AEQUITA

On May 30, Zhongjian Technology announced its 14.02-billion-yuan high-performance carbon fiber project, aiming to produce 2,000 tons annually of high-strength carbon fiber (T700 grade and above) and related products.

Dow Inc. (NYSE: DOW) announced that Crystal Huang, Senior Sales Director for Dow Packaging and Specialty Plastics in Greater China, has been appointed as President of Dow Greater China effective June 1, 2025.

COSMAX, the world's largest cosmetics ODM company, announced a breakthrough in sustainable packaging technology.

PPG announced that its tools for measuring Product Carbon Footprint (PCF) and conducting Lifecycle Assessments (LCA) from raw material extraction to product delivery have been independently verified by WAP Sustainability Consulting.

A groundbreaking 25-year study has demonstrated the exceptional performance of AkzoNobel’s Resicoat epoxy powder coating in protecting drinking water infrastructure from corrosion.

German chemical giant BASF has officially started the sale process for its coatings business, with a valuation estimated at 6 billion euros (approximately $6.8 billion).

Dow Inc. has announced an agreement to sell its 50% stake in DowAksa Advanced Composites Holdings BV to its joint venture partner, Aksa Akrilik Kimya Sanayii A.Ş., for an adjusted value of $125 million.

Evonik has signed a Memorandum of Understanding (MoU) with Gas Malaysia, the country’s leading natural gas supplier, to drive biogas purification into biomethane, solidifying Malaysia’s position as a leader in sustainable energy.

BASF has announced the official launch of the registration process for its groundbreaking fungicide Adapzo® Active (active ingredient: Flufenoxadiazam).

Sun Pharmaceutical Industries has committed $100 million in FY25 to commercialize innovative specialty products, aiming to strengthen its global presence in high-value therapeutic areas.

Sanofi has announced the acquisition of Blueprint Medicines Corporation for over $9 billion, marking one of Europe’s largest healthcare deals this year.

Hempel announces the launch of Hempaguard NB, a high-performance silicone hull coating designed specifically for newbuildings, further expanding its market-leading Hempaguard range.

• Hempel

BASF has officially launched the sale of its coatings division, which is expected to fetch up to €6 billion ($6.8 billion), according to Bloomberg.

• BASF

Asahi Kasei announced on May 27 that it will exit methyl methacrylate (MMA) monomer, cyclohexyl methacrylate (CHMA), PMMA acrylic resin and SB latex businesses.

• Asahi Kasei

In a bold step toward sustainability, COSMAX, the world’s leading cosmetics ODM company, has introduced a biodegradable hot melt adhesive that could transform how beauty products are packaged.

On May 29, Merck announced a major management change for its China and Japan operations. Anna Van Acker, currently Senior Vice President and President of Merck China, will step down effective July 1.