Company Dynamic
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Lubrizol Increases North American Dispersant Capacity
2024-09-20As part of its growth strategy, Lubrizol is expanding operations at its Avon Lake, Ohio manufacturing facility to double production capacity for Solsperse hyperdispersants.
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Pyran Receives $3 Million Investment from Kowa to Accelerate Plans for Bio-Based PDO Plant Construction
2024-09-20Pyran has completed its latest round of financing, including a $3 million investment from lead investor Kowa, to continue its progress toward building a world-scale commercial plant for high-performance bio-based diols, 1,5-pentanediol (PDO).
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What does lactose break down into? Detailed Review
2024-09-20What does lactose break down into? The common natural sugar in the milk which is lactose is hydrolyzed using lactase in the stomach and intestinal tracts into glucose and galactose.
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Gavi Invests $50 Million to Purchase 500,000 Vaccine Doses, Pandemic Death Toll Exceeds 700, Global Health Emergency Alarm Sounds!
2024-09-19The Global Alliance for Vaccines and Immunization (Gavi) announced on Wednesday that it will procure 500,000 doses of a new smallpox vaccine produced by Bavarian Nordic.
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Sinochem Group's Two Refineries Go Bankrupt, Daily Production Capacity of 220,000 Barrels Drops to Zero, Industry Winter Worsens
2024-09-19Chinese judicial authorities have ruled that two refineries owned by state-owned petrochemical company Sinochem have been declared bankrupt after creditors failed to reach a consensus on a restructuring plan, according to court documents.
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BASF's Belgium Facility Announces Expansion: Alkyl Ethanolamine Capacity Set to Increase by 30%, Market Volatility Expected?
2024-09-19On September 12, BASF officially announced that its world-class alkyl ethanolamine production facility at its integrated site in Antwerp, Belgium, has been successfully completed and is now operational.
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BASF’s $10 Billion Agrochemicals Business Plans IPO, Coatings Business May Be Sacrificed, Stock Price Soars 3.8%!
2024-09-19Chemical giant BASF is planning an initial public offering of its agrochemicals business in the next few years as part of an upcoming restructuring plan, Bloomberg News reported.
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AkzoNobel Launches Revolutionary Ultra-Durable Low-Temperature Powder Coating, Saving 20% Energy and Reducing Carbon Emissions!
2024-09-19Akzonobel has officially launched an innovative ultra-durable low-temperature powder coating product to provide customers in the construction industry with better surface protection solutions.
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Dow Launches Revoloop Recycled Plastic Resins for Cable Jacketing
2024-09-19Dow has launched a range of REVOLOOP recycled plastic resins to incorporate post-consumer recycled (PCR) materials into cable jacketing to help meet the diverse needs and circularity goals of global customers.
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Symrise Opens First Cosmetic Ingredients Plant in Chennai, India
2024-09-19Symrise has announced the opening of its first cosmetic ingredients plant in Chennai, Tamil Nadu, India.
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SABIC sells stake in Aluminium Bahrain to focus on chemicals
2024-09-19SABIC announced the signing of an agreement with Saudi Arabian Mining Company (Ma'aden) to sell its 20.62% stake in Aluminium Bahrain (Alba). The sale proceeds are expected to be between BHD363 million and BHD398 million.
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Evonik launches new biosurfactants for coatings and inks
2024-09-19Evonik's Coating Additives division launches innovative biosurfactants designed for coatings and inks formulations.
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Generic Drug Giant Confirms Challenge to Novo Nordisk's High-Priced Ozempic for Under $100 Per Month, $150 Billion Market May Face Major Change!
2024-09-18The news is significant because Novo Nordisk CEO Lars Jorgensen is scheduled to appear next week before the Senate Health, Education, Labor and Pensions Committee (HELP), which Sanders chairs.
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Daiichi Sankyo and Merck's New Drug Trial Faces Major Concerns, 586 Late-Stage Lung Cancer Patients Encounter New Challenges!
2024-09-18On Tuesday, Daiichi Sankyo (4568.T) and Merck & Co (MRK.N) announced that its drug patritumab deruxtecan achieved its main goal in a clinical trial in advanced patients, extending the period of disease-free progression in some lung cancer patients.
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2027 Drug Price Negotiation List Surprises! Novo Nordisk's Diabetes Drug Ozempic May Face Price Shock
2024-09-18A senior executive at Danish pharmaceutical giant Novo Nordisk revealed that the company expects its diabetes drug Ozempic to be "highly likely" to be included in the U.S. government's list for drug price negotiations in 2027.
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BeiGene Accused of Stealing Trade Secrets, AbbVie Sparks New Litigation Storm, BTK Degradant Research Stalls!
2024-09-18Abbvie had filed an infringement lawsuit against Beigene in June last year, claiming that it infringed ibrutinib's patent rights.
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Bayer's GM Beet KSW20-1 Application Faces Scrutiny, Only One Month Left for Public Opinion Collection!
2024-09-18Specifically, this beet strain is proposed for use in the field of food production and is subject to public comments and suggestions.
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Two Chinese Chemical Giants Invest Millions in Pakistan's Textile Industry, Raising Fears of Local Industry Turmoil!
2024-09-18The development comes at a time of challenges for Pakistan's textile industry, including rising energy tariffs, which are already having an impact on foreign investment.
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ADNOC Splashes €14.4 Billion to Target Covestro Again! Gulf Giant Strikes Twice, Financial Crisis Deepens for German Firms
2024-09-18According to foreign media reports, the United Arab Emirates National Oil Company (ADNOC) plans to make a formal takeover proposal for German chemical company Covestro which involves a total value of up to 14.4 billion euros including debts.
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AkzoNobel Exposes €5 Billion Debt Plan, What Huge Risks Are Hidden Behind the 3.75% Low Interest Rate?
2024-09-18On September 12, 2024, Akzonobel, the leader in the international coatings industry, announced that it will issue a total of 500 million euros of ten-year bonds with a coupon rate of 3.750%.
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