Company Dynamic

Lone Star Funds has reached an agreement to sell specialty chemicals manufacturer AOC to Japan's Nippon Paint Co., Ltd. for $2.3 billio

• nippon paint
• AOC

Covestro, a leading global manufacturer of polymers and chemicals, recently announced a revision of its key financial indicators for the fiscal year as it continues to drive its fully circular and sustainable growth strategy. "Despite the challenging econ

Dow delivered solid financial performance in the third quarter despite macroeconomic challenges and geographies specific to its operations. Based on generally accepted accounting principles (GAAP), the company earned $0.30 per share, while operating EPS c

On Wednesday, global chemicals giant BASF released a forecast, pointing to earnings growth for the full year at the lower end of its target range due to weaker demand for chemicals and plastics. The news adds BasF to a list of German industrial giants tha

MCG Group announced that its plant-derived polyol "BioPTMG" has been adopted by Kahei as a synthetic leather (biosynthetic leather) material. In addition, "tonto", operated by Triple A Co., Ltd., will sell small items made from this biosynthetic leather.

• MCG Group
• BioPTMG

Brenntag has been appointed as the distributor of Sarex Overseas’ advanced second generation organic triazine-based UV filters for the beauty and personal care industry in numerous countries around the world.

• Brenntag
• Sarex

AbbVie announced on Monday that it would buy Aliada Therapeutics for $1.4 billion in cash, a bet on an experimental Alzheimer's treatment that is in early development. The acquisition pitted AbbVie, which has a market capitalization of as much as $330 bil

Novartis, the Swiss pharmaceutical giant, announced on Tuesday that it had raised its 2024 earnings forecast for the third time. This adjustment was mainly due to the strong performance of its prescription drug line, particularly the continu

Clariant (CLN.S), a Swiss maker of specialty chemicals, lowered its 2024 sales target, the company announced in a statement released Tuesday. The decision came after the company reported a lower-than-expected core profit for the third quarter.

AM Green BV has entered into a cooperation agreement with BASF, a leading global chemical company, aimed at jointly evaluating and developing business opportunities for low-carbon chemicals produced exclusively using renewable energy sources.

Recently, Wanhua Chemical Group Co., Ltd. released a notice detailing the company's operating results for the first three quarters of 2024. The announcement shows that the company achieved significant revenue results during this period.

BP PLC has completed the acquisition of the remaining 50.03% stake in Lightsource bp, one of the world's leading developers and operators of utility-scale solar and battery storage assets.

• BP plc

BASF PETRONAS Chemicals (BPC) celebrates the opening of its second 2-Ethylhexanoic Acid (2-EHAcid) production line at its integrated facility in Kuantan, Malaysia.

• BASF PETRONAS Chemicals
• 2-EHAcid

LyondellBasell announced that China Energy Group Ningxia Coal Industry has selected its Hostalen Advanced Cascade Process (Hostalen ACP) technology for a 300,000 ton per year high-density polyethylene plant to be built in Yinchuan, Ningxia, China.

• LyondellBasell
• China Energy Group Ningxia Coal Industry

Dow has announced that it is conducting a strategic review involving some of its assets in Europe. These assets account for about 20% of Dow's total European sales, mainly in the polyurethanes segment. In addition, Dow plans to close its Freeport, Texas,

Johnson & Johnson (JNJ) and Eli Lilly (LLY), two pharmaceutical giants, are expected to get new data on their key drugs in the highly competitive dermatology market. Johnson & Johnson evaluated the use of its drug Tremfya in patients with moderate plaque

While Merck & Co. 's infant respiratory syncytial virus (RSV) antibody clesrovimab is nearing approval, sanofi also won approval last year for its RSV prevention drug beyforts in partnership with astrazeneca. This news undoubtedly brings new hope to the g

A Beigene executive is under investigation by Chinese authorities, according to several local media reports.

Styrenics materials supplier Ineos Styrolution recently confirmed it will not restart its styrene monomer production plant in Sarnia, Ontario, Canada, which has been closed since April 2024.

• INEOS Styrolution

According to the Sunday Telegraph, Imperial Chemical Industries (ICI), a producer of paints, adhesives and specialty products, is rejecting a second takeover offer from its Dutch rival Akzo Nobel for £7.7 billion.

• ICI
• Imperial Chemical Industries
• AkzoNobel