Company Dynamic

On February 11, Nippon Paint China, through its wholly-owned subsidiary Nippon Engineering Materials (Guangzhou) Co., Ltd., announced a price increase for its entire TUB product line, effective March 15, 2025.

GSK is stepping into the spotlight with its newly approved 5-in-1 meningococcal vaccine, named Penmenvy, aimed at protecting individuals aged 10 to 25 against five major serogroups responsible for invasive meningococcal disease (IMD).

BASF and Sherwin-Williams have signed an agreement to sell the Brazilian decorative coatings business, which is part of BASF's Coatings division. The purchase price on a cash and debt-free basis is $1.15 billion.

• BASF
• Sherwin-Williams
• decorative coatings

On February 5, Sinopec successfully completed the deployment of DeepSeek within a domestically developed computing environment and began a phased internal rollout.

On February 11, Novartis announced its first acquisition of the year, acquiring Anthos Therapeutics for an upfront payment of $925 million and an additional $2.15 billion in milestone payments.

This combination therapy is the first to demonstrate a significant OS benefit for mCRPC patients in a randomized controlled trial, regardless of whether patients carry homologous recombination repair (HRR) gene mutations.

Drunk Elephant selected Albéa Cosmetics & Fragrance to launch three new skincare products with sustainable features, namely Drunk Elephant’s D-Bronzi, O-Bloos and B-Goldi.

• Drunk elephant
• Albéa Cosmetics & Fragrance

LYB has announced a net loss of $603 million for the fourth quarter of 2024, translating to a loss of $1.87 per share.

Recently, BASF, a major player in the chemicals industry, announced the sale of its insulation brand Styrodur® and its food and health business.

BASF Group, Germany's largest chemical manufacturer, has asked banks to pitch for the listing of its agrochemicals division, which may be located in the United States or Germany, according to Bloomberg News.

• BASF
• agrochemicals

Novonesis has reached an agreement with its partner DSM-Firmenich to dissolve Feed Enzyme Alliance and take over its sales and distribution activities for a total cash payment of €1.5 billion.

• Novonesis
• DSM-Firmenich
• Feed Enzyme Alliance

Kuraray announces its decision to discontinue production and sales of KURARITY™ acrylic block copolymers.

• Kuraray
• KURARITY™
• acrylic block copolymers

AstraZeneca India has announced plans to sell its 64-acre production facility in North Bengaluru for Rs 3,200 crore as part of a broader strategic review of its global manufacturing and supply chain.

AkzoNobel has officially concluded the bidding process for the sale of its Indian subsidiary's equity, with JSW Paints, backed by private equity firm TPG, and special chemicals manufacturer Pidilite Industries leading the bids.

On February 11, CNNC Dioxide Co., Ltd. (002145) announced a significant strategic partnership with Nippon Paint Holdings Co.

Univar Solutions has announced that it has acquired UK-based Brad-Chem Holdings and its affiliates.

• Univar Solutions
• Brad-Chem

According to Dutch trade unions FNV and CNV, LyondellBasell's (LYB) plastic precursor production plant in Maasvirat, Port of Rotterdam, Netherlands, may face closure.

• LyondellBasell

Eight of Eastman’s copolyester resins and their equivalent Renew grades containing recycled content have received the RecyClass certification for recyclability.

• Eastman
• copolyester resin

Unilever is rumored to be close to agreeing to buy Wild for £230 million. If the deal goes through, it would be one of the most significant deals in the personal care space for the British fast-moving consumer goods manufacturer in recent years.

• Unilever
• Wild

Fujifilm Corporation announced that it will install new CMP slurry and advanced semiconductor material production facilities at its production base in Belgium and enhance existing lithography-related material facilities.

• Fujifilm
• semiconductor