Company Dynamic

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

• Evonik
• Kolmar

BASF announced on October 15 that it has successfully secured approximately €310 million in financial assistance from the German government. The money will be used to build the world's largest CO₂ free steam production industrial heat pump.

PPG Industries reported its third-quarter financial results last week, showing a strong quarter. Despite an increase in the effective income tax rate, the company achieved a 3% increase in adjusted earnings per share (EPS).

Sanofi is currently in "exclusive talks" with U.S. private equity firm Clayton, Dubilier & Rice (CD&R) to sell a 50% controlling stake in its consumer healthcare business Opella.

In its final analysis of Pfizer Inc. 's widely used drug for transthyroid amyloid cardiomyopathy (ATRCM), the U.S. drug cost regulator called for a reduction of at least 85 percent from its current list price of nearly $268,000 a year to meet generally ac

French energy giant Engie recently announced the acquisition of a biomethane plant in Bree, Belgium, with an annual production capacity of 68 GWh.

• Engie

TotalEnergies has reached an agreement to sell its fuel distribution business in Brazil to SIM Distribuidora, a well-known Brazilian company. The transaction involves a network of approximately 240 gas stations and several petroleum products..

• TotalEnergies

Mitsubishi Chemical Group has developed a biomass-based polycarbonate diol, called BENEBiOL, with a higher biomass content.

• Mitsubishi chemical

Following a disappointing confirmatory clinical trial, Gilead Sciences has officially decided to withdraw its product Trodelvy from the bladder cancer treatment market in the United States. The decision was announced Friday by the California-based biotech

Since 2021, the Obesity Action Coalition (OAC) has led a national public awareness campaign to combat weight bias and end the lifelong stigma that people with obesity suffer in multiple areas, including health care, employment, education and media coverag

PPG Industries, the world's leading paint and coatings manufacturer, has announced that it will lay off a total of 1,800 employees in the United States and Europe and close some facilities as part of the company's cost reduction strategy.

Mitsubishi Chemical Group (MCG Group) announced on October 17 that it plans to significantly expand its production capacity for OPL film.

• Mitsubishi chemical

IMCD, a leading global distributor of specialty chemicals and ingredients, has signed an agreement to acquire 100% of the Blumos Group.

• IMCD
• Blumos Group

BASF’s Personal Care division has announced the expansion of its natural emulsifier portfolio with two new ingredients: Emulgade Verde 10 OL and Emulgade Verde 10 MS.

• BASF

Röhm is convinced that plexiglas molding compounds will remain an indispensable material for numerous industries in the future, offering ideal solutions for new requirements and trends.

• Röhm

LyondellBasell (LYB) announced that it has become the full owner of APK in Merseburg, Germany, which will be fully integrated as part of LyondellBasell.

• LyondellBasell
• Polybutene
• APK

French pharmaceutical giant Sanofi has announced that it is in advanced talks with prominent US investment firm Clayton Dubilier & Rice (CD&R) to explore the possible sale of a 50% controlling stake in its consumer healthcare business Opella.

Merck announced Thursday that its investigational antibody treatment, clesrovimab, demonstrated a 60.4 percent effectiveness in reducing infections associated with a specific type of respiratory syncytial virus (RSV) in infants.

BASF, based in Ludwigshafen, Germany, has officially received funding approval from the German Federal Ministry for Economic Affairs and Climate Action to promote the construction of the world's most powerful industrial heat pump project.

Evonik, the German specialty chemicals giant, officially announced on October 11 that its coatings and adhesive resins business and healthcare business will undergo major restructuring.