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

Company Dynamic

Dow Plans to Shut Down Key Facilities and Assess European Assets as Sales Decline by 15%, Raising Market Concerns

Dow Plans to Shut Down Key Facilities and Assess European Assets as Sales Decline by 15%, Raising Market Concerns

2024-10-28

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 and Eli Lilly Face New Challenges in Dermatology Market: 74% of Patients Show Significant Response to Tremfya

Johnson & Johnson and Eli Lilly Face New Challenges in Dermatology Market: 74% of Patients Show Significant Response to Tremfya

2024-10-28

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

Merck's RSV Antibody Faces Major Challenges vs. Sanofi's Beyfortus Exhibiting 83% Efficacy in Reducing Hospitalization

Merck's RSV Antibody Faces Major Challenges vs. Sanofi's Beyfortus Exhibiting 83% Efficacy in Reducing Hospitalization

2024-10-28

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

A Beigene Executive Is Under Investigation By Chinese Authorities

2024-10-28

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

Ineos Styrolution confirms it will not restart Sarnia plant

Ineos Styrolution confirms it will not restart Sarnia plant

2024-10-28

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.

AkzoNobel's £7.7 billion takeover offer for Imperial Chemical Industries rejected

AkzoNobel's £7.7 billion takeover offer for Imperial Chemical Industries rejected

2024-10-28

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.

Dow Chemical's European Sales Down 15%; Plans to Close Texas PO Facility and Implement 20 Asset Actions to Cut Costs

Dow Chemical's European Sales Down 15%; Plans to Close Texas PO Facility and Implement 20 Asset Actions to Cut Costs

2024-10-25

Dow Inc. announced today that it is conducting a strategic review of its assets in Europe, which account for about 20 percent of sales in the region. The evaluation focused on the polyurethane business. In addition, Dow Chemical plans to close its propyle

Sanofi Reports 14.4% Profit Growth, Surpassing Expectations, as Vaccine Sales Surge Causes Market Ripple

Sanofi Reports 14.4% Profit Growth, Surpassing Expectations, as Vaccine Sales Surge Causes Market Ripple

2024-10-25

French pharmaceutical giant Sanofi reported its third-quarter financial results on Friday, showing profit growth that beat analysts' expectations. The increase was mainly due to a boost in seasonal vaccine sales.

Lucas Meyer Cosmetics, a Clariant company, to launch new skin-friendly emulsifier based on quinoa

Lucas Meyer Cosmetics, a Clariant company, to launch new skin-friendly emulsifier based on quinoa

2024-10-25

Clariant is pleased to announce the global launch of Pickmulse, a new O/W surfactant-free emulsifier and encapsulation system based on Lucas Meyer Cosmetics’ breakthrough, patented quinoa starch technology.

Kumho Mitsui Chemicals puts new MDI production facility into operation

Kumho Mitsui Chemicals puts new MDI production facility into operation

2024-10-25

Mitsui Chemicals announced that its subsidiary Kumho Mitsui Chemicals, Inc., has started operating an additional diphenylmethane diisocyanate (MDI) production facility in late September.

Henkel to invest €20 million in expansion of adhesives plant in Bopfingen, Germany

Henkel to invest €20 million in expansion of adhesives plant in Bopfingen, Germany

2024-10-25

Henkel will invest a total of around €20 million in 2024 and 2025 to expand and modernize its adhesives plant in Bopfingen, Germany.

BASF Ludwigshafen announces additional production capacity for expandable polystyrene (EPS) granules by 50,000 tonnes/year

BASF Ludwigshafen announces additional production capacity for expandable polystyrene (EPS) granules by 50,000 tonnes/year

2024-10-25

BASF is strengthening its styrene value chain at the Ludwigshafen site by increasing annual production capacity for Neopor by 50,000 tonnes.

BASF expands peptide portfolio with Pepsensyal

BASF expands peptide portfolio with Pepsensyal

2024-10-24

BASF’s Personal Care business unit is launching a new synthetic peptide for skin care applications.

Evonik Announces New Strategy: Ambitious Goal to Double Sales in 10 Years, Yet Faces Economic Challenges

Evonik Announces New Strategy: Ambitious Goal to Double Sales in 10 Years, Yet Faces Economic Challenges

2024-10-24

Anchoring the three major areas of biobased, energy transition and circular economy, Evonik has recently announced its new innovation strategy. The strategy will focus most of its R&D activities around three core innovation growth areas, biobased solution

Prices Rise for 33 National Products! Volatile Changes in Petrochemical Prices, Sulfuric Acid Down 1%, Methanol Up 7.3%!

Prices Rise for 33 National Products! Volatile Changes in Petrochemical Prices, Sulfuric Acid Down 1%, Methanol Up 7.3%!

2024-10-24

According to the recent news released by the National Bureau of Statistics, through the monitoring of the market prices of 50 important means of production in nine categories in the country's circulation field, the results show that in the comparison betw

Syensqo partners with the Jean-Marie Lehn Foundation

Syensqo partners with the Jean-Marie Lehn Foundation

2024-10-23

To promote innovation and sustainability in the materials industry, Syensqo has entered into a partnership with the Jean-Marie Lehn Foundation.

Samsung Biologics Signs $1.24 Billion Contract, Makes History but Faces Quality Crisis

Samsung Biologics Signs $1.24 Billion Contract, Makes History but Faces Quality Crisis

2024-10-23

Samsung Biologics officially announced on Tuesday that it has signed a contract manufacturing agreement with an Asian pharmaceutical giant worth up to $1.24 billion.

Fire Breaks Out at Shanghai Pharmaceutical Giant! Cause Under Investigation

Fire Breaks Out at Shanghai Pharmaceutical Giant! Cause Under Investigation

2024-10-23

On October 15, 2024, a serious fire occurred at a pharmaceutical company near Fengpu Avenue, Fengxian District, Shanghai. At the scene of the fire, the flames were fierce, the flame was several meters high, and the surrounding area of the factory was fill

Shell's $1.3 billion sale of onshore production facilities was rejected, Nigeria experiences petrochemical companies divestment

Shell's $1.3 billion sale of onshore production facilities was rejected, Nigeria experiences petrochemical companies divestment

2024-10-23

According to the Financial Times, Nigeria has blocked Shell's plan to sell its onshore oil production unit for $1.3 billion, disrupting the oil giant's plan to exit the shallow waters of the Niger Delta.

Evonik and Kolmar Wuxi join forces to promote innovation in raw material and formulation research

Evonik and Kolmar Wuxi join forces to promote innovation in raw material and formulation research

2024-10-22

Evonik and Kolmar Cosmetics (Wuxi) Co., Ltd. (Kolmar Wuxi) officially signed a strategic cooperation agreement in Wuxi, China.

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.