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

Company Dynamic

AbbVie Splashes $1.4 Billion to Acquire Aliada, Blood-Brain Barrier Technology Becomes a Focus for Pharmaceutical Giants!

AbbVie Splashes $1.4 Billion to Acquire Aliada, Blood-Brain Barrier Technology Becomes a Focus for Pharmaceutical Giants!

2024-11-06

On October 28, 2024, AbbVie, the world's leading pharmaceutical company, announced a major transaction to acquire all outstanding shares of Aliada for $1.4 billion in cash.

Novo Nordisk's New Weight Loss Drug Achieves 25% Weight Reduction, Shocking the Market!

Novo Nordisk's New Weight Loss Drug Achieves 25% Weight Reduction, Shocking the Market!

2024-11-06

In order to maintain its leading position in the weight loss drug market, Novo Nordisk is currently actively developing a new GLP-1 drug called CagriSema, according to the latest media reports.

Syensqo Cuts 300 to 350 Jobs to Support Growth, Yet Stock Surges by 6%!

Syensqo Cuts 300 to 350 Jobs to Support Growth, Yet Stock Surges by 6%!

2024-11-06

Belgian chemical producer Syensqo on Tuesday announced a global layoff plan involving about 2 percent of its workforce aimed at supporting the company's long-term growth.

Sinopec Signs $40.9 Billion Contract, Sparking a Global Energy Transition Storm!

Sinopec Signs $40.9 Billion Contract, Sparking a Global Energy Transition Storm!

2024-11-06

At CIIE 2024, Sinopec signed procurement contracts with 38 partners from 18 countries, with a total contract value of up to $40.9 billion. The contracts cover 27 products in 10 categories, including crude oil, chemical products, equipment, materials and c

BASF opens new water-based dispersions line in Heerenveen, the Netherlands, to optimize its ink and coating solutions

BASF opens new water-based dispersions line in Heerenveen, the Netherlands, to optimize its ink and coating solutions

2024-11-06

BASF recently officially launched its new water-based dispersion production line in Heerenveen, the Netherlands.

UPM Specialty Papers and Eastman launch innovative compostable food paper packaging

UPM Specialty Papers and Eastman launch innovative compostable food paper packaging

2024-11-06

In a major step towards sustainable food packaging, UPM Specialty Papers and Eastman have launched a breakthrough biopolymer-coated paper solution that provides enhanced grease and oxygen barrier properties for food applications.

INX Group Completes Acquisition of Coatings & Adhesives

INX Group Completes Acquisition of Coatings & Adhesives

2024-11-06

INX Group announces that it has completed the acquisition of Coatings & Adhesives (C&A), a North American coatings industry player known for its specialty products.

Dow Jones Index Experiences Major Changes! Nvidia and Sherwin-Williams Replace Giants

Dow Jones Index Experiences Major Changes! Nvidia and Sherwin-Williams Replace Giants

2024-11-05

On November 1, the Dow Jones Indices Company officially announced that Nvidia Corporation and international coatings giant Sherwin-Williams Company (Sherwin-Williams) were included in the Dow Jones Industrial Average (hereinafter referred to as the "Dow")

Solenis Acquires BASF's Mining Flocculant Business, Transaction Amount Not Disclosed

Solenis Acquires BASF's Mining Flocculant Business, Transaction Amount Not Disclosed

2024-11-05

Wilmington, Delaware, USA, November 4, 2007 - Solenis, a global specialty chemicals industry leader, has completed the acquisition of BASF's mining flocculants business.

 Shandong Dawn Titanium Invests 1 Billion to Build 200,000 Tons Annual Production Line of Ferrous Sulfate

Shandong Dawn Titanium Invests 1 Billion to Build 200,000 Tons Annual Production Line of Ferrous Sulfate

2024-11-05

Shandong 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.

AstraZeneca China President Under Investigation: Second Multinational Pharmaceutical Executive Investigated in Ten Years, Company Faces Serious Compliance Issues

AstraZeneca China President Under Investigation: Second Multinational Pharmaceutical Executive Investigated in Ten Years, Company Faces Serious Compliance Issues

2024-11-05

Late 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.

Novo Nordisk's Wegovy Therapy Sparks Controversy: Phase 3 Trials Show Significant Reduction in Liver Fibrosis

Novo Nordisk's Wegovy Therapy Sparks Controversy: Phase 3 Trials Show Significant Reduction in Liver Fibrosis

2024-11-05

Novo 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

Behind the Surge in Pfizer and AbbVie’s Performance: Key Drug Sales Skyrocket, but Major Drug Revenues Decline, Market Expectations Adjusted Upward

Behind the Surge in Pfizer and AbbVie’s Performance: Key Drug Sales Skyrocket, but Major Drug Revenues Decline, Market Expectations Adjusted Upward

2024-11-04

Eli Lilly (LLY), Merck (MRK), Pfizer (PFE), AbbVie ABBV (ABBV), and Novartis (Novartis) are among the big names reporting third-quarter financial results this week.

ExxonMobil Production Soars 24%! Oil Giants Face Explosive Risks of Plummeting Oil Prices

ExxonMobil Production Soars 24%! Oil Giants Face Explosive Risks of Plummeting Oil Prices

2024-11-04

In 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.

Mitsubishi Chemical Holdings Reports 39% Decline in Earnings! Net Income Plummets Amid Severe Challenges

Mitsubishi Chemical Holdings Reports 39% Decline in Earnings! Net Income Plummets Amid Severe Challenges

2024-11-04

Japan'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

DuPont and Zhen Ding Technology join hands to promote the development of high-end printed circuit board technology

DuPont and Zhen Ding Technology join hands to promote the development of high-end printed circuit board technology

2024-11-04

DuPont 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.

Asahi Kasei and Honda to establish lithium-ion battery separator joint venture in Canada

Asahi Kasei and Honda to establish lithium-ion battery separator joint venture in Canada

2024-11-04

Asahi Kasei Corporation and Honda Motor Co., Ltd. have signed a shareholder agreement to transform Asahi Kasei's existing Canadian subsidiary into a joint venture.

Mitsui Chemicals Develops New Bio-based Building Material

Mitsui Chemicals Develops New Bio-based Building Material

2024-11-04

Mitsui Chemicals announced a collaboration with Prime Polymer Co and Hide Kasuga 1896 Co. to develop a new bio-based building material.

BASF's Core Business Growth Offset by Declining Autonomous Business, Huge Special Project Losses Hidden Behind Net Income Growth!

BASF's Core Business Growth Offset by Declining Autonomous Business, Huge Special Project Losses Hidden Behind Net Income Growth!

2024-11-01

In 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

Biosecurity Legislation Triggers Supply Chain Crisis: WuXi AppTec Faces 25% Drop in Orders, U.S. Companies Cut Ties with China!

Biosecurity Legislation Triggers Supply Chain Crisis: WuXi AppTec Faces 25% Drop in Orders, U.S. Companies Cut Ties with China!

2024-11-01

U.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.

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.