Company Dynamic

Evonik has just unveiled its latest innovation, TEGO® Foamex 8420, a high-performance defoamer designed to expand its product line specifically for water-based formulations.

Japanese cosmetics company FANCL Co., Ltd. has introduced a new line of skin care products in Toiro that feature reusable packaging made with Eastman Tritan copolyester.

• FANCL
• Toiro
• Eastman

On March 11, the German consumer goods giant Henkel released its 2024 financial results, with full-year sales reaching 21.586 billion euros, a nominal increase of 0.3% over the previous year.

• Henkel

Mitsui Chemicals announced that its subsidiary, Mitsui Chemicals India, has established a coatings technology center in Gurgaon, Haryana.

• Mitsui Chemicals
• coatings technology center

Novartis has made significant strides in the chronic spontaneous urticaria (CSU) market, announcing a priority review application for its BTK inhibitor Remibrutinib and a $830 million deal to acquire Kyorin's clinical-stage MRGPRX2 antagonist.

On March 12, Roche made headlines by announcing a groundbreaking partnership with Danish pharmaceutical company Zealand Pharma to develop and commercialize Petrelintide, an amylin analog.

On March 9, Synlogic announced that its self-developed drug TY-9591 has successfully outperformed AstraZeneca's renowned lung cancer treatment, Osimertinib, in a pivotal Phase II clinical trial.

Recently, the Indonesian Anti-Dumping Committee announced the initiation of a second sunset review investigation into Biaxially Oriented Polyethylene Terephthalate (BOPET) originating from China, India, and Thailand.

With its premium automotive repair paint brand, Glasurit® Parrot, BASF continues to be the exclusive global industry partner for the World Skills Competition in automotive painting.

LANXESS' new rubber additive Vulkanox HS Scopeblue helps tire manufacturers to produce more sustainable, longer-lasting tires and achieve their sustainability goals.

• LANXESS
• rubber Additives

Evonik Coating Additives launches its first two mass balance products, TEGO Wet 270 eCO and TEGO Foamex 812 eCO, providing coatings and ink formulators with the same high-performance defoamer and wetting agent properties they expect.

• Evonik
• Coating additives

Sinopec recently completed the expansion of its hydrogen fuel cell supply center in Guangzhou, Guangdong Province, bringing its daily production to 15 metric tons of 99.999% pure hydrogen, with an annual output of approximately 5,100 tons.

• Sinopec
• hydrogen fuel

AkzoNobel Brazil is using industrial residues as a more sustainable raw material for its paint production.

• AkzoNobel
• Brazil

KRAHN Chemie and specialty chemicals manufacturer Lamberti have announced a new partnership. With this distribution agreement, KRAHN will now offer polymer beads in various particle sizes and hardnesses in Germany and Austria.

• KRAHN Chemie
• Lamberti

On March 12, La Roche-Posay announced a recall of all batches of its Effaclar Duo product in the United States due to the detection of trace amounts of benzene, a known carcinogen.

At the Aquatech exhibition in Amsterdam, Lanxess will introduce the online version of its LewaPlus software, designed for the planning and design of ion exchange systems.

BASF, a global leader in melamine foam production, has unveiled its new Basuert® EcoBalanced product, which significantly reduces the carbon footprint (PCF) by 50% compared to standard grades.

Rianlon announced that it intends to establish a wholly-owned subsidiary in Singapore and, through the Singapore subsidiary, establish a wholly-owned company in Malaysia.

• Rianlon
• Singapore

Industry sources said China National Offshore Oil Corporation (CNOOC) plans to start up an upgraded joint-venture refinery complex around June, marking the state-owned producer's further expansion into refining and petrochemicals.

• CNOOC

Walgreens Boots Alliance Inc. (WBA) has entered into a definitive agreement to be acquired by private equity firm Sycamore Partners for up to $23.7 billion.

• Walgreens Boots Alliance