Company Dynamic
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Dow to Sell 40% of Assets for $2.4 Billion in 2025
2024-12-12Dow Chemical Company recently announced that it has officially signed an agreement to sell 40% ownership of certain infrastructure assets located along the U.S. Gulf Coast to a fund managed by Macquarie Asset Management. This transaction is expected to ge
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BASF expands ammonium chloride production capacity at Ludwigshafen site by 50%
2024-12-12BASF has expanded its ammonium chloride production capacity at its Ludwigshafen site, increasing production capacity by 50% and improving product quality.
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Covestro adds to Asia Pacific! Partially bio-based coating raw material production line landed in Foshan, China
2024-12-12Covestro has further advanced its localization and sustainability efforts in the Asia Pacific region and started producing a partially bio-based coating raw material that is widely used in construction and infrastructure applications.
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Fuller Invests $180 Million to Acquire Two Leaders in Medical Adhesive Technology
2024-12-11These two companies will operate under Fuller's Health Care, Medical, and Consumer Adhesives Global Business Division (HHC). With a total acquisition price of €180 million, the valuation of these two acquisitions is 15.5 times the pre-synergy EBITDA and i
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AstraZeneca's 490 Million Talent Retention Plan: The Cost of Targeting N+3 Laid-off Employees
2024-12-11According to the official announcement, AstraZeneca commits to providing a cash reward of 10% of the annual salary for employees below the managerial level, while those at the managerial level and above will receive a 20% equity incentive.
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Givaudan expands encapsulation technology production capacity in Mexico
2024-12-11As part of its 2025 strategy "Committed to Growth with Purpose", Givaudan announces the opening of its newly expanded production facility at the Pedro Escobedo site to increase its competitive advantage in Latin America.
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AkzoNobel supplies coatings for Sinopec overseas construction projects
2024-12-11AkzoNobel's Marine and Protective Coatings business unit has signed a memorandum of cooperation with Sinopec to support the latter's coating supply for overseas construction projects and jointly promote the continued transformation to green energy.
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Covestro and Selena launch innovative adhesive for bricklaying
2024-12-11German materials manufacturer Covestro and global construction materials distributor Poland’s Selena Group continue their partnership to create a sustainability pioneer in the construction industry.
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INEOS Styrolution to sell its stake in Map Ta Phut plant in Thailand
2024-12-10INEOS Styrolution announced on December 9 that it has signed a definitive agreement to sell its acrylonitrile butadiene styrene (ABS) and styrene acrylonitrile (SAN) production site in Map Ta Phut, Thailand, to Styrenix Performance Materials Limited.
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Coty Enters Beauty Market with Long-Term Agreement with Swarovski
2024-12-10Coty has joined forces with Swarovski, the world-renowned crystal brand, to announce a long-term beauty licensing agreement with the opportunity to develop, produce and distribute new fragrance concepts.
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Nouryon Opens Coatings Application Center in the United States
2024-12-09Nouryon, a global leader in specialty chemicals, has announced that it has opened a new coatings application center in Bridgewater, New Jersey, USA.
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Nouryon Launches Expancel BIO Microspheres
2024-12-09Nouryon has announced that it will launch the product concept Expancel BIO Microspheres at Foam Expo Europe 2024 in Stuttgart, Germany.
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IMCD Opens Beauty & Personal Care Centres in the UK
2024-12-09IMCD, a leading global distribution partner and formulator of specialty chemicals and ingredients, has opened two new specialist facilities in the UK to enhance its technical services and capabilities.
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PPG Sells North American Coatings Business for $550 Million, Focusing on High-Profit Markets
2024-12-06On December 2, PPG Industries, a leading international coatings manufacturer, announced that it will sell its entire architectural coatings business in the United States and Canada (hereinafter referred to as "North American Architectural Coatings Busines
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South Korean Government Pushes for Petrochemical Industry Restructuring to Aid Transformation to High-Value Chemical Products
2024-12-06In recent years, South Korea's petrochemical industry has faced significant challenges, including fierce competition from Chinese rivals and market oversupply.
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GSK Invests $1 Billion for Exclusive License of ADC Drug DB-1324
2024-12-06GlaxoSmithKline (GSK) has signed an exclusive licensing agreement with Eucure Biopharma, under which GSK acquires the rights to develop and commercialize the ADC drug DB-1324 globally, excluding mainland China, Hong Kong, and Macau.
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Changes in AstraZeneca's Leadership: Iskra Reic Appointed Global Executive, Responsible for Strategy Across Five Continents
2024-12-06AstraZeneca officially announced on the evening of December 4 that Ms. Iskra Reic has been appointed as Executive Vice President and Head of International Business, succeeding Mr. Wang Lei, who has temporarily stepped down to cooperate with related invest
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Kymera acquires thermal spray coating company Coating Center Castrop
2024-12-06Specialty materials and surface technology company Kymera International announces the successful acquisition of Coating Center Castrop GmbH.
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Eternis Fine Chemicals Completes Acquisition of Sharon Personal Care
2024-12-06Eternis Fine Chemicals Ltd announces that it has completed the acquisition of 100% of Sharon Personal Care, a company with innovative laboratories and manufacturing capabilities in Italy and Israel.
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AstraZeneca's 'Star Program' Fraud Case Involves 30 Million Yuan
2024-12-04As of the latest official reports, the personnel involved in the AstraZeneca medical insurance fraud case have not mentioned patients or doctors. However, this protracted "insurance fraud" case has yet to reach a conclusion.
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