Company Dynamic

Pfizer announced its decision to sell its entire stake in Haleon, the British consumer healthcare company formed from the merger of GSK and Pfizer's consumer healthcare sectors in 2019.

BASF, in collaboration with Sika, has unveiled a groundbreaking amine curing agent, now commercially available under the Baxxodur® EC 151 brand.

Huayi Group announced its intention to acquire a 60% stake in San Ai Fu New Materials Co., Ltd. (referred to as San Ai Fu) from its parent company, Shanghai Huayi Holding Group Co., Ltd. (hereafter Shanghai Huayi), through a cash transaction.

Dow has announced that its propylene glycol (PG) manufacturing plant in Map Ta Phut, Rayong, Thailand has received the International Sustainability and Carbon Emission Certification (ISCC) PLUS.

• Dow
• Propylene Glycol
• ISCC plus

Nouryon, a global leader in specialty chemicals, announces the launch of its new low-carbon hydrogen peroxide product, Eka HP Puroxide.

• Nouryon
• low-carbon hydrogen peroxide

LyondellBasell (LYB) and Covestro have jointly decided to permanently close the Propylene Oxide Styrene and Monomer (POSM) production unit (PO11) at the Maasvlakte site in the Netherlands.

• LyondellBasell
• Covestro
• POSM
• PO11

Pfizer China announced significant leadership changes and organizational adjustments within its oncology division.

Bayer's 2024 financial report reads like a meticulously crafted thriller, presenting a surface revenue of €46.6 billion that belies the underlying turmoil.

AstraZeneca announced significant findings from the first human clinical trial of its ADC drug, puxitatug samrotecan (P-Sam), targeting B7-H4 in patients with endometrial cancer.

DuPont announced that Jon Kemp, the current president of its Electronics and Industrial division, will serve as the CEO and board member of the upcoming electronics company, which is set to spin off and become an independent entity.

Maritime and Port Authority of Singapore (MPA), in collaboration with the Enterprise Singapore (EnterpriseSG), released a new technical reference (TR 129) regarding methanol fuel bunkering.

On the evening of March 17, Wanhua Chemical released its earnings report for 2024, revealing a total revenue of ¥182.07 billion, marking a 3.83% increase year-on-year.

BASF and Sika have jointly developed a new amine-based building block for curing epoxy resins, which is now available on the market under BASF's Baxxodur EC 151 brand.

• BASF
• Sika
• amine-based building block

Germany’s largest proton exchange membrane (PEM) electrolyser has been put into operation at BASF’s Ludwigshafen site. With a connected load of 54 MW, the electrolyser can supply up to one metric ton of zero-carbon hydrogen per hour to the main plant.

• PEM
• BASF
• Ludwigshafen

Merck China has announced significant organizational changes, including the dissolution of its Diabetes Business Unit (DBU) and the establishment of a new Entrepreneurial Business Unit (EBU).

LyondellBasell has announced plans to construct a new 400,000 ton/year propylene facility at its Channelview plant in Texas. The construction is set to begin in the third quarter of 2025, with production expected to start by the end of 2028.

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