Company Dynamic
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Eli Lilly's New Drug Fails, Shares Drop Nearly 4%
2025-01-15This marks the second disappointing performance for the company's stock since the drug was launched at the end of 2023. Eli Lilly's shares closed at $739.23, expected to record the largest single-day drop in nearly four years. Meanwhile, its Copenhagen-li
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TER Chemicals and Clariant Expand Distribution Partnership into Central and Eastern Europe
2025-01-15From January 1, 2025, TER Chemicals will expand its successful partnership with Clariant to distribute Clariant’s comprehensive lubricant portfolio in various countries in Central and Eastern Europe.
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Virospack Owner Investindustrial Acquires Eurovetrocap
2025-01-15Investindustrial announced on January 8 that it has acquired a majority stake in Eurovetrocap, a cosmetics packaging supplier based in Milan, Italy.
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Seppic Opens New Laboratory Dedicated to Fermentation Biotechnology in the United States
2025-01-15To meet the evolving needs of its customers, Seppic will open a new laboratory dedicated to fermentation biotechnology at the Air Liquide Delaware Innovation Park.
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BASF Coatings and BMW Enter Aftermarket Partnership
2025-01-14BASF’s Coatings division announced that the BMW Group has selected premium refinish brands Glasurit and RM as preferred coatings brands for its aftermarket network.
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Johnson & Johnson's $14.6 Billion Acquisition of ITCI Causes a Stir
2025-01-14Johnson & Johnson announced on Monday that it will acquire the neuropharmaceutical manufacturer Intra-Cellular Therapeutics (ITCI.O) for $14.6 billion, significantly enhancing Johnson & Johnson's position in the brain disease treatment market and marking
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BASF Sells €5 Billion Business to BACHL
2025-01-14On January 9, 2025, BASF announced a significant decision to sell its Styrodur® business along with the brand to the leading German insulation materials manufacturer Karl Bachl Kunststoffverarbeitung GmbH & Co. KG (BACHL).
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Univar Solutions Signs Distribution Agreement with DSM-Firmenich
2025-01-14Univar Solutions LLC announces an exclusive distribution agreement for the United States, Canada and Puerto Rico with DSM-Firmenich, a global innovator in nutrition, health and beauty.
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Ras Luxury Skincare Raises $5 Million in Series A Funding Led by Unilever Ventures
2025-01-14Indian luxury beauty brand Ras Luxury Skincare has raised $5 million (Rs 43 crore) in Series A funding. The round was led by Unilever Ventures with participation from Amazon Smbhav Ventures, Sixth Sense Ventures and other angel investors.
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AkzoNobel Invests €22 Million to Position Montataire Plant as Flagship Plant for Decorative Paint Production
2025-01-13AkzoNobel has presented to its French employee representatives and employees a plan that includes an investment of €22 million to position the Montataire plant as a flagship plant for decorative paint production.
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Imerys Completes Acquisition of Chemviron’s European Diatomaceous Earth and Perlite Business
2025-01-13Imerys has completed the acquisition of the European diatomaceous earth and perlite business of Chemviron, a subsidiary of Calgon Carbon Corporation.
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Brenntag and Cambrium to Launch Skin-Identical Vegan Collagen in European Markets
2025-01-13Brenntag announces a strategic partnership with Cambrium, an innovative biotech company that uses artificial intelligence (AI) and biology to engineer novel, highly effective active ingredients.
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Investindustrial Acquires Majority Stake in Eurovetrocap
2025-01-13Investindustrial has announced that it has agreed to acquire a majority stake in Eurovetrocap. The packaging company’s founders, the Cattaneo family, will retain a minority stake and its existing management team will remain in place.
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Louis Dreyfus Acquires BASF Food Business for $300 Million
2025-01-10According to a joint statement from both companies, Louis Dreyfus is acquiring the food and health performance ingredients business of German chemicals manufacturer BASF.
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Eli Lilly China Executive Departure: Neuroscience VP to Leave on 14th
2025-01-10Eli Lilly China announced a significant personnel change on January 7, 2025. President and General Manager Huzur Devletsah informed all employees that Mr. Jiang Yifei, Vice President of the Neuroscience Division, has decided to leave the company to seek n
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GEON Makes a Big Acquisition of Foster in January 2025
2025-01-10GEON Performance Solutions, a global leader in high-performance polymer material solutions formulation, development, and manufacturing, announced on January 7, 2025, the completion of its acquisition of Foster Corporation. Foster Corporation is renowned f
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India Initiates First Sunset Review Investigation on TDI from the EU, Saudi Arabia, UAE, and Taiwan
2025-01-10On December 30, 2024, India’s Ministry of Commerce announced that it will conduct the first sunset review investigation of anti-dumping duties on Toluene Diisocyanate (TDI) with an isomer ratio of 80:20 originating from or imported from the EU, Saudi Arab
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BASF Raises MDI Prices by $300/Ton
2025-01-10On January 7, 2025, BASF announced that, effective immediately under contractual terms, it will implement a price adjustment for Lupranate® MDI (Methylene Diphenyl Diisocyanate) MS series products in the ASEAN and South Asian regions, with a specific incr
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BASF Sells Styrodur Business
2025-01-10BASF has signed an agreement with BACHL to sell its extruded polystyrene (XPS) insulation material Styrodur business.
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Hindustan Unilever Rumored to Acquire Minimalist
2025-01-09Hindustan Unilever is rumoured to be close to a deal to acquire Minimalist for around Rs 3,000 crore. The skincare brand is backed by Unilever Ventures and Sequoia Capital India, and founders Mohit and Rahul Yadav are expected to retain a stake.
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