Company Dynamic

As Roche faces increasing market competition in its breast cancer treatments, the company is eager for its new drug to breathe new life into its once-stellar portfolio and generate up to 2 billion Swiss francs in additional revenue.

Five months after Eli Lilly and Company received two important approvals in China for tizepatide -- one for type 2 diabetes and the other for obesity -- it announced plans to expand its production site in Suzhou, China.

Bayer AG (BAYGn.DE) has been ordered to pay up to $78 million in damages to a Pennsylvania man who claimed he developed a deadly form of cancer from using Bayer's Roundup herbicide.

Lanxess, the world's leading specialty chemical manufacturer, announced today that it has entered into a legally binding agreement to sell its polyurethane business unit to UBE Corporation, a leading Japanese chemical company.

Sudarshan Chemical Industries Limited has officially announced that its share price has achieved a remarkable 20% increase in trading on October 11, which is directly attributable to the announcement that the company has successfully invested Rs 180 crore

Mitsui Chemicals TOPPAN and RM Tohcello have developed recycled BOPP film suitable for mass production. The two companies began providing samples of the film in October 2024.

• Mitsui chemicals

BASF launches new ether-based thermoplastic polyurethane Elastollan 1400.

• BASF
• Elastollan 1400
• TPU

Recently, the authoritative financial media of China's coating industry "Coating industry" officially announced the "2024 Top 25 list of China's industrial coating brands"

Evonik is reorganizing two business lines to enhance their growth prospects. The coating and adhesive resins business line and the healthcare business line will focus on their respective core businesses and concentrate future investments.

• Evonik

Dow and Carbice, a leader in carbon nanotube technology, have announced a groundbreaking partnership to revolutionize thermal interface materials.

• Dow
• Carbice

Although the US Biosafety Act has not yet officially come into effect, its potential impact on domestic pharmaceutical companies is still significant, like a pending sword.

China's Shanxi Coal and Chemical Group recently said it has shown strong interest in investing in coal-to-chemical technology in Pakistan's southern Sindh province.

Safic-Alcan announces a new distribution agreement with AAK, effective October 1, 2024, covering Spain, Portugal and Turkey, strengthening its presence in these key markets.

• Safic-Alcan
• AAK Personal Care

Givaudan announces the commencement of operations of the new Mahad Fragrance Ingredients Plant, a key development in its joint venture with Privi Speciality Chemicals Limited (Privi), a leading Indian aroma chemicals producer.

• Givaudan
• Privi

On October 1, Evonik announced the launch of a major expansion project in Charleston, South Carolina, aimed at increasing production capacity for precipitated silica.

Oct. 4 | AkzoNobel said it will explore options for its South Asian decorative coatings business as part of a strategic review, including entering into partnerships, pursuing mergers or selling assets.

Shares of British pharmaceutical giant GlaxoSmithKline (GSK) rose a remarkable 6.5% on Thursday after the company announced it would pay up to $2.2 billion to settle a series of lawsuits in the United States.

Ian Read, the former chief executive of Pfizer, and Frank D 'Amelio, the former chief financial officer, have made it clear that they will not be involved in a deal by activist investor Starboard Value against the company.

In a formal statement, COMCO explained in detail that the committee has been in the process of investigating the matter since September 2022.

SABIC has joined forces with Lamb Weston, a major global brand owner and producer of frozen potato products, to create low-weight sustainable bags with thin co-extruded film structures using a closed-loop process.

• SABIC
• Lamb Weston
• Opack Group