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Company Dynamic

Aon acquires Mitsubishi Chemical Group’s in-house insurance agency business

Aon acquires Mitsubishi Chemical Group’s in-house insurance agency business

2024-12-02

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.

Amgen's New Drug MariTide: 20% Weight Loss in 52 Weeks Shocks the Market

Amgen's New Drug MariTide: 20% Weight Loss in 52 Weeks Shocks the Market

2024-11-29

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.

Pfizer Partners with China Resources for Operations of Four Oncology Drugs in China!

Pfizer Partners with China Resources for Operations of Four Oncology Drugs in China!

2024-11-29

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

ADNOC forms XRG with $80 billion, what industries are targeted by 'transformative' global investment?

ADNOC forms XRG with $80 billion, what industries are targeted by 'transformative' global investment?

2024-11-29

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.

Graco Inc. Completes Acquisition of Corob SpA

Graco Inc. Completes Acquisition of Corob SpA

2024-11-29

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.

GAIL re-partners with Ineos to revive PTA manufacturing plant in Mangalore

GAIL re-partners with Ineos to revive PTA manufacturing plant in Mangalore

2024-11-29

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.

Covestro launches Certevo, a polymer substrate for security printing

Covestro launches Certevo, a polymer substrate for security printing

2024-11-29

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.

Safic-Alcan and Swedish Algae Factory to introduce algae products to DACH region

Safic-Alcan and Swedish Algae Factory to introduce algae products to DACH region

2024-11-29

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

Nouryon Opens Innovation Center in India

Nouryon Opens Innovation Center in India

2024-11-28

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.

DSM-Firmenich sells majority of ROBERTET shares

DSM-Firmenich sells majority of ROBERTET shares

2024-11-28

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.

Unilever to invest €100 million in fragrance development

Unilever to invest €100 million in fragrance development

2024-11-28

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

Cyclyx International to Invest in Second Cyclyx Circular Center

Cyclyx International to Invest in Second Cyclyx Circular Center

2024-11-28

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).

In 2024, the Energy and Chemical Industry Invests 287.3 Billion Yuan in 63 Projects! Xinjiang Coal-to-Oil Project Budgeted at 90 Billion Yuan

In 2024, the Energy and Chemical Industry Invests 287.3 Billion Yuan in 63 Projects! Xinjiang Coal-to-Oil Project Budgeted at 90 Billion Yuan

2024-11-27

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 Invests 25 Billion Rupees to Build the World's Largest Penicillin G Factory

Lyfius Pharma Invests 25 Billion Rupees to Build the World's Largest Penicillin G Factory

2024-11-27

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

Biden Administration Announces Inclusion of Weight Loss Drugs in Medicare, Stocks Surge!

Biden Administration Announces Inclusion of Weight Loss Drugs in Medicare, Stocks Surge!

2024-11-27

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

Hempel Launches Infinity Silicone Hull Paint Charger for Yachts

Hempel Launches Infinity Silicone Hull Paint Charger for Yachts

2024-11-27

Hempel A/S has launched the world’s first and only underwater performance charger specifically for use with Hempel’s yacht silicone systems.

CLEAN SKIN CLUB Receives $32 Million Investment

CLEAN SKIN CLUB Receives $32 Million Investment

2024-11-27

Clean Skin Club, a pioneering skincare brand known for combining skincare and hygiene, has closed a $32 million investment led by Astō Consumer Partners and co-invested by Amberstone.

Merck's New Drug MK-2475A Clinical Trial Achieves Significant Success, Breakthrough in Lung Cancer Treatment!

Merck's New Drug MK-2475A Clinical Trial Achieves Significant Success, Breakthrough in Lung Cancer Treatment!

2024-11-26

On November 19, Merck announced key Phase 3 positive results from the MK-2475A-D77 clinical trial (NCT05722015). The results of this study indicate that in the field of first-line treatment of non-small cell lung cancer, the combination of subcutaneous K

Bayer's $1.5 Billion Investment in Diabetes Drug Fails, Collaboration with Hua Medicine Terminated

Bayer's $1.5 Billion Investment in Diabetes Drug Fails, Collaboration with Hua Medicine Terminated

2024-11-26

Bayer partnered with Hua Medicine in 2020 to commercialize its hypoglycemic drug doglietine in China, aiming to mitigate the risk of gathering its core hypoglycemic drug bitangpin.

PPG Major Restructuring: Three Executives Promoted, New Structure to Launch in 2025

PPG Major Restructuring: Three Executives Promoted, New Structure to Launch in 2025

2024-11-26

PPG Corporation (NYSE: PPG) announced that in order to optimize the leadership structure of the Industrial Coatings business unit, it has made the following personnel changes, which will be officially implemented on January 1, 2025:

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