Company Dynamic
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LANXESS sells polyurethane systems and officially exits polymer business
2024-10-08Specialty chemicals company LANXESS signed a contract on October 3 to sell its polyurethane systems business to Japan's Ube Kosan Co., Ltd. The business is valued at 460 million euros and has expected revenue of approximately 500 million euros.
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The deal is done! ADNOC acquires Covestro for $16.4 billion
2024-10-08Abu Dhabi National Oil Company (ADNOC) said on October 1 that it agreed to acquire Covestro for $16.4 billion.
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BASF is restructuring the Ludwigshafen site for long-term success
2024-09-30BASF has conducted a comprehensive analysis of its asset structure in Ludwigshafen and is taking action with the goal of making the Ludwigshafen site a leading, sustainable chemical site in Europe and a solid pillar for its success.
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Johnson & Johnson Subsidiary Files for Bankruptcy for the Third Time, Aiming to Shed $100 Billion in Debt, Thousands of Cancer Patients Left Without Recourse!
2024-09-29A unit of Johnson & Johnson filed for bankruptcy Wednesday for the third time, Reuters reported, aiming to advance a $10 billion settlement to end tens of thousands of lawsuits alleging the company's baby powder and other talc products may cause cancer.
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Sanofi's New Drug Dupixent Approved for Treating COPD, Expected to Benefit 300,000 Patients, but Negative Effects May Lead to Controversy Over $21.0 Billion in Revenue
2024-09-29Sanofi and Regeneron announced Friday that the U.S. Food and Drug Administration (FDA) has officially approved Dupixent, a new drug designed to treat patients with chronic lung disease, commonly known as "smoker's lung."
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Pfizer's $5.4 Billion Acquisition of Sickle Cell Drug OXBRYTA Fully Withdrawn from Market, Patient Risks Surge!
2024-09-29Pfizer has announced an important decision to voluntarily withdraw all approved OXBRYTA® (voxelotor) lots for the treatment of sickle cell anemia (SCD) and to suspend clinical trials of voxelotor worldwide and its expanded access program.
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EU Dairy Products Undergo $570 Million Anti-Subsidy Investigation by China, Trade War Escalates! Chinese Market May Become a Paradise for Dairy Products from Australia, New Zealand, the UK, and the US?
2024-09-29The European Commission has filed a complaint with the World Trade Organization (WTO) this week challenging China's launch of an anti-subsidy investigation into EU dairy products after the EU announced a surcharge on its electric vehicles.
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BASF Hit by Counterfeits! Six Suspects Arrested, 321 Fake Labels Exposed!
2024-09-29Recently, we regret to discover that in Guangdong and Hunan, there are illegal elements selling fake BASF brand Efka® EFka auxiliary products through online platforms.
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TotalEnergies acquires Eagle Ford to strengthen gas integration
2024-09-29TotalEnergies has entered into an agreement with Lewis Energy Group to acquire a 45% stake in dry gas producing assets located in the Eagle Ford Basin in Texas.
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AkzoNobel Invents Particle Technology for Metallic Effect Powder Coatings
2024-09-29Growing customer demand for more sustainable metallic effect architectural finishes led AkzoNobel to develop patented particle technology for a new range of powder coatings.
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Brenntag Specialties Signs Distribution Agreement for Cosmetic Formulations with Capsoil Technologies in the U.S.
2024-09-29Brennetag announces a U.S. distribution agreement with Capsoil Technologies, an Israel-based technology company that uses advanced patented technology to transform lipophilic and hydrophilic active ingredients into water-soluble powders.
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Air Liquide to invest €60 million in ASU for Wanhua Chemical Group
2024-09-29Under a long-term contract with Wanhua Chemical, a leading global supplier of innovative chemical products, Air Liquide will invest nearly €60 million to take over and operate an air separation unit (ASU) in Yantai, China.
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What is the difference between salt and iodized salt? Overview
2024-09-29What is the difference between salt and iodized salt? The only difference is the addition of iodine compounds in iodized salt while iodine is not supplemented in common salt.
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Sinopec Partners with Kazakhstan to Build a World-Class Petrochemical Project with €2.3 Billion Investment, Completion by End of 2028, Annual Ethylene Production Capacity Soars to 13 Million Tons!
2024-09-27A joint venture between Sinopec and Kazakhstan Petrochemical has successfully won the right to develop a petrochemical project in Kazakhstan.
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Air Liquide Invests Nearly €60 Million in Partnership with Wanhua Chemical!
2024-09-27Air Liquide (Paris Bourse: AI) has signed a long-term cooperation agreement with Wanhua Chemical Group (" Wanhua "), a world-renowned supplier of innovative chemical products, with an investment of nearly €60 million.
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529 Early Parkinson's Patients Experience Significant Worsening of Symptoms, AbbVie's New Drug Tavapadon Efficacy Under Question!
2024-09-27AbbVie officially announced on September 26 that its new drug has successfully met its primary efficacy goal in late-stage clinical trials for patients with early-stage Parkinson's disease.
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BASF Giant Faces Dilemma: Strong Core Business but Independent Operations Face Challenges, Market Position at Risk?
2024-09-27his article will provide an in-depth look at BASF's strategic plans in the areas of environmental catalysts and metal solutions, battery materials, coatings and agricultural solutions
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Jacobio Pharma Secures €172 Million: Concerns Over Collaboration Behind Ailis’ Massive Investment Exposed!
2024-09-27This payment not only marks the depth and stability of the cooperation between the two parties, but also demonstrates the excellent strength and extensive influence of Gax in the field of innovative drug research and development.
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Sanofi's New Drug Dupilumab Approved for 7th Indication in China: Major Breakthrough in COPD Treatment, but Negative Effects May Become a Concern!
2024-09-27This approval is not only another milestone for Dupliumab in the Chinese market, but also an important part of its global indication expansion strategy, so far, Dupliumab has accumulated the 7th indication approval in China.
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Mitsui Chemicals to implement recycling technology for eyeglass lens materials
2024-09-27Mitsui Chemicals announced that it has developed new technology to chemically recycle scraps and waste lenses generated during the production and processing of MR ophthalmic lens materials.
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