Company Dynamic

BASF has announced a strategic collaboration with Gotion High-Tech, China Gas Holdings, and BASF Shanshan Battery Materials, forming an unprecedented partnership focused on advancing energy storage systems

Indian multinational conglomerate Aditya Birla recently announced that it will acquire Cargill's 17-acre specialty chemicals production plant in Dalton, Georgia to expand its US advanced materials business.

• Aditya Birla
• Cargill

Under this agreement, Wanhua will supply LFP cathode materials, PVDF binders, and NMP (N-Methyl-2-pyrrolidone) solvents, while also providing global supply chain support for ElevenEs’ production facility in Serbia.

Honeywell announced that it has completed the acquisition of Sundyne from private equity firm Warburg Pincus for $2.16 billion in an all-cash transaction.

• Honeywell
• Sundyne

Lubrizol, a provider of medical-grade thermoplastic polyurethane (TPU) solutions, has expanded its distribution agreement with IMCD to help meet demand for medical solutions in the U.S. and Canada.

• Lubrizol
• IMCD
• thermoplastic polyurethane

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.