Product
Supplier
Encyclopedia
Inquiry
Home > News > Company Dynamic
ECHEMI chemical news

Company Dynamic

Eli Lilly's New Drug Fails, Shares Drop Nearly 4%

Eli Lilly's New Drug Fails, Shares Drop Nearly 4%

2025-01-15

This 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

TER Chemicals and Clariant Expand Distribution Partnership into Central and Eastern Europe

TER Chemicals and Clariant Expand Distribution Partnership into Central and Eastern Europe

2025-01-15

From 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.

Virospack Owner Investindustrial Acquires Eurovetrocap

Virospack Owner Investindustrial Acquires Eurovetrocap

2025-01-15

Investindustrial announced on January 8 that it has acquired a majority stake in Eurovetrocap, a cosmetics packaging supplier based in Milan, Italy.

Seppic Opens New Laboratory Dedicated to Fermentation Biotechnology in the United States

Seppic Opens New Laboratory Dedicated to Fermentation Biotechnology in the United States

2025-01-15

To meet the evolving needs of its customers, Seppic will open a new laboratory dedicated to fermentation biotechnology at the Air Liquide Delaware Innovation Park.

BASF Coatings and BMW Enter Aftermarket Partnership

BASF Coatings and BMW Enter Aftermarket Partnership

2025-01-14

BASF’s Coatings division announced that the BMW Group has selected premium refinish brands Glasurit and RM as preferred coatings brands for its aftermarket network.

Johnson & Johnson's $14.6 Billion Acquisition of ITCI Causes a Stir

Johnson & Johnson's $14.6 Billion Acquisition of ITCI Causes a Stir

2025-01-14

Johnson & 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

BASF Sells €5 Billion Business to BACHL

BASF Sells €5 Billion Business to BACHL

2025-01-14

On 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).

Univar Solutions Signs Distribution Agreement with DSM-Firmenich

Univar Solutions Signs Distribution Agreement with DSM-Firmenich

2025-01-14

Univar 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.

Ras Luxury Skincare Raises $5 Million in Series A Funding Led by Unilever Ventures

Ras Luxury Skincare Raises $5 Million in Series A Funding Led by Unilever Ventures

2025-01-14

Indian 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.

AkzoNobel Invests €22 Million to Position Montataire Plant as Flagship Plant for Decorative Paint Production

AkzoNobel Invests €22 Million to Position Montataire Plant as Flagship Plant for Decorative Paint Production

2025-01-13

AkzoNobel 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.

Imerys Completes Acquisition of Chemviron’s European Diatomaceous Earth and Perlite Business

Imerys Completes Acquisition of Chemviron’s European Diatomaceous Earth and Perlite Business

2025-01-13

Imerys has completed the acquisition of the European diatomaceous earth and perlite business of Chemviron, a subsidiary of Calgon Carbon Corporation.

Brenntag and Cambrium to Launch Skin-Identical Vegan Collagen in European Markets

Brenntag and Cambrium to Launch Skin-Identical Vegan Collagen in European Markets

2025-01-13

Brenntag announces a strategic partnership with Cambrium, an innovative biotech company that uses artificial intelligence (AI) and biology to engineer novel, highly effective active ingredients.

Investindustrial Acquires Majority Stake in Eurovetrocap

Investindustrial Acquires Majority Stake in Eurovetrocap

2025-01-13

Investindustrial 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.

Louis Dreyfus Acquires BASF Food Business for $300 Million

Louis Dreyfus Acquires BASF Food Business for $300 Million

2025-01-10

According to a joint statement from both companies, Louis Dreyfus is acquiring the food and health performance ingredients business of German chemicals manufacturer BASF.

Eli Lilly China Executive Departure: Neuroscience VP to Leave on 14th

Eli Lilly China Executive Departure: Neuroscience VP to Leave on 14th

2025-01-10

Eli 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

GEON Makes a Big Acquisition of Foster in January 2025

GEON Makes a Big Acquisition of Foster in January 2025

2025-01-10

GEON 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

India Initiates First Sunset Review Investigation on TDI from the EU, Saudi Arabia, UAE, and Taiwan

India Initiates First Sunset Review Investigation on TDI from the EU, Saudi Arabia, UAE, and Taiwan

2025-01-10

On 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

BASF Raises MDI Prices by $300/Ton

BASF Raises MDI Prices by $300/Ton

2025-01-10

On 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

BASF Sells Styrodur Business

BASF Sells Styrodur Business

2025-01-10

BASF has signed an agreement with BACHL to sell its extruded polystyrene (XPS) insulation material Styrodur business.

Hindustan Unilever Rumored to Acquire Minimalist

Hindustan Unilever Rumored to Acquire Minimalist

2025-01-09

Hindustan 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.

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.