Company Dynamic

In a decisive move to ensure food safety, the United Arab Emirates (UAE) has intensified inspections on food items containing synthetic food dyes. This action follows a recent ban by the United States on Red No. 3, an artificial color commonly used to imp

Recently, Sinopec Chuanwei Chemical successfully conducted its first trial run of the 60,000 tons/year VAE (Vinyl Acetate-Ethylene Copolymer Emulsion) expansion project, producing qualified products on its initial feed. With this achievement, Chuanwei Che

On January 22, Evonik announced the strategic merger of its silica and silane business lines into a new company called Smart Effects, had be launched on January 1, 2025. This new entity will employ 3,500 individuals globally and will form part of Evonik's

AbbVie and Neomorph have announced a strategic partnership and option-to-license agreement aimed at creating a new class of treatments using molecular glue degraders.

LyondellBasell will begin shutting down its Houston-area petroleum refinery in late January, the company confirmed.

• LyondellBasell

The global beauty giant announced a collaboration with IBM to use its generative AI technology to guide cosmetics formulation teams to make more sustainable choices.

• L’Oréal
• IBM
• AI Models

Reckitt is increasing local production in China and the United States to reduce its reliance on imports and protect its supply chain from potential trade conflicts.

• Reckitt
• China
• United States
• Mucinex
• Supply chain

This week, Wacker Chemie AG opened two new production facilities for specialty silicones in Japan and South Korea, strengthening the company’s presence in the growth markets of Asia.

• Wacker
• Wacker Chemie

Recently, Saudi Aramco, the world's largest oil company, announced plans to significantly increase its investment in lithium production, aiming to establish a robust supply chain for the lithium needed in electric vehicle batteries. Currently, approximate

Recently, WuXi AppTec announced at the JPM Conference that its robust operating cash flow, driven by business development and efficient operations, will be dedicated to advancing its global capacity and capabilities in CRDMO (Contract Research, Developmen

The Estée Lauder Companies (ELC) has entered into an exclusive agreement with Exuud Inc. to introduce the Soliqaire™ fragrance delivery system to its premium luxury fragrance portfolio by the end of 2025.

• Estee Lauder
• Soliqaire™
• Exuud

Johnson will acquire all outstanding shares of Intra-Cellular Therapies, a biopharmaceutical company focused on developing and commercializing treatments for central nervous system (CNS) disorders.

• Johnson & Johnson
• Intra-Cellular Therapies

Unilever India (HUL) is acquiring Indian premium beauty brand Minimalist, with the acquisition expected to be completed in June. Financial terms of the deal have not been disclosed.

• Hindustan Unilever

Recently, the Yantai Huangbohai New Area held an economic work conference to review the achievements of 2024 and set tasks for 2025. Among the prominent companies discussed was Wanhua Chemical, Shandong's top publicly traded firm. Chairman Liao Zengtai ma

In a significant move for the pharmaceutical sector, China ResourcesCommercial has successfully acquired Zhenyuan Pharmaceutical, a subsidiary of Zhejiang Zhenyuan, for nearly 120 million CNY. The announcement was made by the Shaoxing Transportation Inves

Azelis announces a new exclusive North American distribution agreement between its company, Vigon International, and NATARA, a leading independent global manufacturer of flavor and fragrance ingredients.

• Azelis
• Vigon International
• NATARA

Taiwan Mitsui Chemicals and NPC announced a collaboration to develop a market for biomass-based plastic products. Under this initiative, Nan Ya Plastics will purchase biomass-based acetone produced by Mitsui Chemicals and use it to produce BPA in Taiwan.

• Mitsui chemicals
• Taiwan
• Nan Ya Plastics

Investment firm Bain Capital is in talks to acquire Mitsubishi Tanabe Pharma, a unit of Japan's Mitsubishi Chemical Group, in a potential deal, according to people familiar with the matter.

• Bain Captial
• Mitsubishi chemical
• Mitsubishi Tanabe Pharma

Grupa Azoty and Orlen have agreed to continue working on the terms of a potential transaction whereby Orlen (or another entity designated by Orlen) would acquire all or part of Grupa Azoty’s current stake in Grupa Azoty Polyolefins, or otherwise invest.

• Grupa Azoty
• Orlen

PepsiCo Inc. (PEP) continues to maintain a competitive edge through its diversified investment portfolio, enhanced digital capabilities, and flexible market distribution systems.