Company Dynamic
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Shandong Dawn Titanium Invests 1 Billion to Build 200,000 Tons Annual Production Line of Ferrous Sulfate
2024-11-05Shandong Dawn Titanium plans to spend Rmb1.02bn to build a new green production base of co-production titanium dioxide with an annual output of 100,000 tonnes.
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AstraZeneca China President Under Investigation: Second Multinational Pharmaceutical Executive Investigated in Ten Years, Company Faces Serious Compliance Issues
2024-11-05Late on October 30, Astrazeneca's official website announced that Wang Lei, global executive vice president, chairman of international operations and president of China, is facing investigation.
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Novo Nordisk's Wegovy Therapy Sparks Controversy: Phase 3 Trials Show Significant Reduction in Liver Fibrosis
2024-11-05Novo Nordisk recently announced primary results from Part 1 of its ongoing pivotal Phase 3 clinical trial of ESSENCE. A detailed analysis of the study showed that Wegovy (semaglutide), a weight-loss therapy developed by the company, significantly reduced
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Behind the Surge in Pfizer and AbbVie’s Performance: Key Drug Sales Skyrocket, but Major Drug Revenues Decline, Market Expectations Adjusted Upward
2024-11-04Eli Lilly (LLY), Merck (MRK), Pfizer (PFE), AbbVie ABBV (ABBV), and Novartis (Novartis) are among the big names reporting third-quarter financial results this week.
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ExxonMobil Production Soars 24%! Oil Giants Face Explosive Risks of Plummeting Oil Prices
2024-11-04In the most recent quarter, ExxonMobil's oil and gas production achieved significant year-over-year growth of 24%. At the same time, Chevron also posted a 7 percent increase in production.
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Mitsubishi Chemical Holdings Reports 39% Decline in Earnings! Net Income Plummets Amid Severe Challenges
2024-11-04Japan's famous Chemical industry giant, Mitsubishi Chemical Holdings Corporation, recently announced its financial results for the second quarter. This detailed financial report shows the majority of investors the company's operating conditions and financ
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DuPont and Zhen Ding Technology join hands to promote the development of high-end printed circuit board technology
2024-11-04DuPont and Zhen Ding Technology Group announced that the two parties have reached a strategic cooperation agreement in the field of advanced printed circuit board (PCB) technology.
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Asahi Kasei and Honda to establish lithium-ion battery separator joint venture in Canada
2024-11-04Asahi Kasei Corporation and Honda Motor Co., Ltd. have signed a shareholder agreement to transform Asahi Kasei's existing Canadian subsidiary into a joint venture.
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Mitsui Chemicals Develops New Bio-based Building Material
2024-11-04Mitsui Chemicals announced a collaboration with Prime Polymer Co and Hide Kasuga 1896 Co. to develop a new bio-based building material.
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BASF's Core Business Growth Offset by Declining Autonomous Business, Huge Special Project Losses Hidden Behind Net Income Growth!
2024-11-01In the third quarter of 2024, the BASF Group achieved sales of 15.7 billion euros, flat compared to the same period last year. Excluding special items, EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached 1.6 billion euros, an
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Biosecurity Legislation Triggers Supply Chain Crisis: WuXi AppTec Faces 25% Drop in Orders, U.S. Companies Cut Ties with China!
2024-11-01U.S. pharmaceutical and biotechnology companies have increasingly relied on Chinese partners for production, research, and raw material supply. However, as geopolitical tensions escalate, some companies are seeking alternative options.
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Givaudan opens collaborative high-end fragrance center in China
2024-11-01Givaudan has opened its first high-end fragrance creative center in Shanghai, China.
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Lotte Chemical announces liquidation of LUSR, synthetic rubber subsidiary in Malaysia, reducing investment in basic chemical business
2024-11-01Lotte Chemical announced on October 25 that it will liquidate LUSR, a synthetic rubber production company based in Malaysia.
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Takeda Pharmaceutical Profits Soar to 184.2 Billion Yen! Raises Full-Year Profit Forecast, Cost-Cutting Restructuring Plan
2024-10-31Takeda Pharmaceutical, Japan's largest drugmaker, reported second-quarter earnings on Thursday that beat market expectations. The company also raised its full-year earnings forecast.
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AbbVie’s Third Quarter Net Income Drops 12%, Net Profit Increases by 14%
2024-10-31Abbvie announced its financial results for the third quarter ended September 30, 2024, with net income of $1.56 billion, equivalent to $0.88 per diluted share. Net income was down 12 percent from $1.77 billion, or $1 per diluted share, in the same period
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SABIC's Innovative Technology Reduces Packaging Carbon Footprint by 30% and Thickness by 20%
2024-10-31Following extensive testing and evaluation, Lamb Weston launched the first frozen potato products in the UK and the Netherlands in September in packaging made from Oerlemans multi-layer film, produced from SABIC certified renewable PE polymers.
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Saudi Sovereign Wealth Fund Cuts Overseas Investments by One Third, Economic Transformation Faces Setbacks!
2024-10-31Saudi Arabia's sovereign wealth fund plans to reduce its overseas investments by about a third, the fund's president said on Tuesday at a conference in Riyadh. The move is an effort to support the Saudi economy to finance its transition away from oil depe
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DuPont Specialty Plant Releases Carcinogens, Facing $480,000 Fine and Equipment Upgrades
2024-10-31A chemical plant west of New Orleans has agreed to pay up to $480,000 in federal fines and will install new equipment to prevent a harmful cancer-causing chemical from escaping from storage tanks and pipes.
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Tages Helios Net Zero Completes First Investment in Biomethane Production
2024-10-31Tages Capital SGR, an asset manager specializing in alternative investment funds and the second largest photovoltaic operator in Italy, has announced that it has completed the acquisition of a portfolio consisting of four biogas production plants.
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Unilever: Q3 sales steady, volume growth, moderate inflation
2024-10-31British personal care, cosmetics and food giant Unilever on Oct. 24 reported flat third-quarter sales from a year earlier, with price increases continuing to slow during the period despite higher volumes.
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