Company Dynamic

AstraZeneca announced positive mid-term results from the Phase III SERENA-6 trial for its oral selective estrogen receptor degrader (SERD) camizestrant.

Eli Lilly has announced a significant investment of $2.7 billion aimed at establishing new manufacturing plants across the United States.

India is on the brink of becoming a prominent site for clinical trials, according to Sanjay Vyas, head of Parexel's India operations.

Merck, known as MSD outside the U.S. and Canada, is set to significantly expand its workforce in India, with plans to increase employee numbers from approximately 1,800 to around 2,700 by the end of this year.

ExxonMobil has revealed its intentions to potentially construct a new ethylene cracker and polyethylene facility near Corpus Christi, Texas.

Merck has announced that it expects its leading cancer therapy, Keytruda, to be part of the government price setting initiative in 2026, with the new pricing structure set to take effect on January 1, 2028.

German flavor and fragrance company Symrise has signed a strategic partnership with Hofseth BioCare (HBC), a Norwegian salmon ingredient manufacturer focused on the human health and pet nutrition markets.

• Symrise
• Hofseth biocare

Evonik is building a pilot plant in Marl, Germany, for the production of its innovative high-performance anion exchange membranes (AEM). The membranes were developed by Evonik and are marketed under the DURAION brand.

• Evonik
• AEM

Univar Solutions announced the expansion of its distribution partnership with BASF to gain exclusive rights as a distributor of LuquaSorb Super Absorbent Polymers (SAPs) for industrial applications in the United States and Canada.

• Univar Solutions
• BASF
• LuquaSorb

On February 14, 2025, specialty chemicals company Lanxess officially inaugurated its India Application Development Center (IADC) in Thane, Mumbai, aiming to enhance its innovation and customer service capabilities.

On February 19, Wanhua Chemical made waves at the PCHi exhibition with the launch of its innovative bio-based 1,3-butylene glycol designed for use in moisturizers and solvents across various cosmetic applications, including serums, cleansers, and sunscree

PPG Industries recently disclosed its 2024 annual report, revealing a net sales total of approximately USD 15.845 billion, marking a 2% decline from the previous year.

Henkel recently announced the opening of a new application center in Busan, South Korea, marking a significant investment in the global sports and fashion industry.

• Henkel
• sports meeting
• Fashion
• adhesive

Sensient Technologies Corporation, a global supplier of color and personal care applications, has acquired French raw material manufacturer Biolie, which specializes in developing white biotechnology for natural cosmetic ingredients.

• Sensient
• Biolie
• Colors
• biotechnology

BASF India Ltd has broken ground on a new plant in Dahej to increase its Cellasto microcellular polyurethane (MCU) production capacity.

• BASF
• India
• microcellular polyurethane

On February 20, Boehringer Ingelheim announced the appointment of Brian Hilberdink as the new President of its Human Pharma division in the United States.

On February 20, AstraZeneca announced its agreement to acquire the Chinese operations of FibroGen for approximately $160 million.

Evonik Industries has recently announced a strategic decision to shut down two of its silica production facilities located in Watervliet, New York and Aberfeldy, Maryland.

Sumitomo Chemical has acquired the liquid crystal polymer (LCP) pure resin business assets from Belgian company Syensqo SA/NV.

• Sumitomo Chemical
• Syensqo
• LCP

On February 19, 2025, the 2025 Action Plan to Stabilize Foreign Investment was officially released, outlining 20 crucial measures aimed at enhancing foreign investment in China.