Company Dynamic

On November 26, 2024, Qatar Energy Investment Company officially began the construction of its blue ammonia plant located in Mesaieed Industrial City. This project has garnered significant attention as it will become the largest blue ammonia production fa

Safic-Alcan, a major specialty chemicals distributor, has announced that it has acquired a majority stake in Avees Biocos Private Limited, a leading personal care chemicals distributor in India.

• Safic-Alcan
• Avees Bipcos

Under the patronage of Sheikh Tamim bin Hamad Al Thani, Emir of the State of Qatar, Sheikh Abdullah bin Hamad Al Thani, Deputy Emir, laid the foundation stone for the Blue Ammonia Plant at a special ceremony held in Mesaieed Industrial City.

• Qatar
• blue ammonia

Symrise has acquired approximately 90.2% of Probi shares. The flavors and fragrances company announced a public offer and has acquired an additional 321,620 shares in Probi on the market for a maximum price of SEK 350.

• Symrise
• Probi

BASF has launched Ultramid T7000, a disruptive innovation that promises to redefine industrial materials engineering.

• BASF
• Ultramid T7000

Aon has signed a definitive agreement to acquire the in-house insurance agency business of Mitsubishi Chemical Group (MCG). Financial terms of the transaction remain undisclosed.

• Aon
• Mitsubishi chemical

Amgen announced that its weight loss therapy, MariTide, achieved positive results in a Phase II clinical study over 52 weeks, showing an average weight loss of about 20% in non-diabetic obese or overweight individuals, without a weight plateau.

On November 26, 2024, Pfizer announced a strategic cooperation with China Resources Pharmaceutical Commercial to manage the commercialization of four oncology treatments in China.

According to Bloomberg, ADNOC, the largest oil producer in the UAE, will form an investment company XRG to focus on international natural gas, chemicals and low-carbon energy, which are key businesses for the company's global expansion.

• ADNOC
• XRG

Graco Inc. has successfully completed the acquisition of Corob SpA, a leading global manufacturer of high-tech dispensing and mixing solutions for paints and coatings.

• Graco
• Corob

GAIL India Limited, through its wholly owned subsidiary GAIL Mangalore Petrochemicals Limited (GMPL), has formalised this new partnership with process licensor INEOS to support the revival of the plant.

• GAIL

The substrate is designed for advanced security printing applications, such as high-security and durable official documents, certificates, and applications that require advanced anti-counterfeiting measures.

• Covestro
• CERTEVO

Safic-Alcan announces a partnership with Swedish Algae Factory, a pioneer in algae technology solutions in the DACH region. The collaboration reflects both parties’ shared commitment to sustainability and innovation in the chemical and materials industri

• Safic-Alcan
• Swedish Algae Factory

Nouryon, a global leader in specialty chemicals, today announced the launch of a new Innovation Center in Mumbai, India, and expanded office space, nearly doubling the size of its office space to accommodate its rapidly growing global service center.

• Nouryon

DSM-Firmenich announced that it has sold 135,000 common shares in Robertet, initially around 120,000 shares. The offer price was €850 per share, for a total of around €115 million, or around 6% of Robertet's share capital.

• Dsm Firmenich
• Robertet

Unilever will invest €100 million to expand its fragrance design and creation capabilities across its global portfolio.

• Unilever

Cyclyx International, a plastics recycling feedstock innovator and joint venture between Agilyx, ExxonMobil and LyondellBasell, has made a final investment decision on the second Cyclyx Circular Center (CCC2).

• Cyclyx International

In the week from November 18 to 24, 2024, statistics show that 63 projects under construction in the energy industry are updated, with a total budget of 287.3 billion yuan. In addition, five projects have been completed and operated, four projects have be

Lyfius Pharma Pvt Ltd, a manufacturer of penicillin G, announced the launch of its state-of-the-art manufacturing facility in Kakinada, Andhra Pradesh, on October 29th. The company has invested 25 billion rupees in the plant, which has an annual producti

The Biden administration on Tuesday formally announced a new rule aimed at making weight-loss drugs covered by Medicare and Medicaid for the benefit of obese patients. The publication of the proposal heralds easier access to weight-loss drugs such as Wego