Company Dynamic

China’s brand Urban Revivo will open a store in the UK in March 2018. Spread over 22,000 sq ft unit this will be the Chinese fast fashion retailer’s first store outside the country. It currently operates 160 shops, mainly in China.

• China
• Urban
• Revivo

Michelin has chosen Havas Media as its global media agency of record after a competitive review, the French tire company announced today.

• Michelin

Brazilian petrochemical producer Braskem is adjusting domestic pricing for two grades of high-density polyethylene, while rolling over prices for all other grades of PE and polypropylene, a company source said Friday.

• Braskem
• HDPE

Indian conglomerate Reliance Industries Ltd. is acquiring a 24.9% stake in leading content provider Balaji Telefilms for $64.2 million, part of Reliance’s push into the entertainment sector.

• Reliance
• Balaji
• Telefilms

MOL Group has entered into key contracts related to core technologies of the Polyol Project, which was announced in 2016 as part of the first investment cycle of the MOL 2030 long-term strategy.

• MOL
• Evonik

Double Coin Holdings’ parent has completed construction of its $285 million tire plant in Rayong and begun ramping up production of truck, bus, industrial and OTR tires.

• Double
• Coin
• Tire

With tax season on the horizon, Neucel Specialty Cellulose is a hot topic of debate on the North Island.

• Tax
• Neucel

Univar BV, a subsidiary of Univar Inc., has extended its exclusive agreement in Italy with Hallstar to include five additional countries: Spain, Portugal, Greece, France and Benelux.

• Univar
• Hallstar

Vietnam's Nghi Son Refinery and Petrochemical LLC (NSRP), the owner of the country's second oil refinery, has chartered a supertanker to carry crude from Kuwait in a sign that the behind-schedule project may soon begin startup operations.

• Import
• Vietnam

Indian tyre manufacturer Apollo Tyres has now become a full-range player in the Sri Lankan market with the introduction of its two-wheeler tyres, informed the company in an official statement released on Monday (17 July).

• Apollo
• Tire

Considering the growing trend of radial tyre usage in LCVs, tyre manufacturer CEAT Limited, has launched new sizes under its LCV radial tyres’ platform – ‘Milaze’, according to a company statement.

• Ceat
• Tire

Lanxess AG said that its reverse osmosis membrane elements have successfully completed a year-long practical test in Germany's largest industrial water treatment plant.

• Lanxess

Clariant International Ltd opens a new office for its catalysts business in Yinchuan city, in China.

• Clariant

Sika AG said that it is commissioning a new production line for PVC membranes at its factory in Lobnya, near Moscow, expanding its product portfolio in Russia.

• Sika

BASF SE has closed the previously announced transaction to sell its bleaching clay and mineral adsorbents businesses to EP Engineered Clays Corporation.

• BASF
• Bleach

Covestro (India) Pvt Ltd along with Vivunes, an organisation based at Chennai focused on green energy, has successfully helped an entire community of 70 farmers in Tamil Nadu’s Krishnagiri find an additional source of revenue.

• Covestro
• Vivunes

Archer Daniels Midland Company (ADM) has completed the acquisition of Industries Centers’ controlling interest, which will now be known as ADM Israel.

• ADM

Ningbo Fortune again accidentally shuts its 400kt/year PP plant on Jul 18. The unit has been shut temporarily due to granulation problem in early Jul. Before the shutdown, the plant has been running at full capacity for homo PP raffia S1003.

• PP

Taiwan's Formosa Petrochemical Corp this week bought about 60,000 tonnes of naphtha using a pricing formula uncommon in the region, two people familiar with the matter said on Friday.

• Formosa
• Naphtha

The global exterior architectural coating market is anticipated to rise at a telling level of growth in the foreseeable future due to increasing construction assignments in developing countries such as Brazil, India, Singapore, and China.

• Coating