Company Dynamic

Clariant, a specialty chemicals company focused on sustainability, announced today that it has reached an agreement to sell its real estate "Industrial Park Fechenheim" in Frankfurt, Germany, to the Lugman Group.

• Clariant

AkzoNobel has developed an ultra-durable low-bake powder coating that helps protect building surfaces in more challenging environments.

• AkzoNobel

Syensqo announced today that it has decided to apply for the delisting of its shares from Euronext Paris.

• Syensqo

Covestro will start construction of its new Thermoplastic Polyurethane (TPU) Application Development (AD) Center for Asia Pacific in Guangzhou.

• Covestro
• Thermoplastic Polyurethane

Braskem, the largest polyolefin producer in the Americas, global market leader and pioneer producer of industrial-scale biopolymers, has launched its innovative Bio-Circular Polypropylene (PP), marketed under the WENEW brand.

• Braskem

Neo Performance Materials announces the official opening of its new Neo Jia Hua Advanced Materials (Zibo) Co., (NAMCO) plant, a world-class production facility for emissions control catalysts.

• Neo

9 are essential amino acids, including histidine, isoleucine, leucine, lysine, methionine, phenylalanine, threonine, tryptophan, and valine. These 9 best amino acid supplements for different disease groups play an important role.

• Best amino acid supplements

Amway has made India a priority market and is investing heavily in the country. The direct selling company has significantly increased its spending, allocating $4 million to set up four R&D labs in Guruvram, Chennai, Bengaluru and Dindigul.

• Amway

LyondellBasell (LYB) is investing in a new closed-loop preparation center in Lich, Germany. This advanced recycling center transforms plastic waste into high-quality feedstock for high-performance materials.

• LyondellBasell

Japanese chemical manufacturer Mitsubishi Chemical is considering selling its subsidiary Mitsubishi Tanabe Pharma, according to the Nikkei Shimbun.

• Mitsubishi chemical

Eli Lilly and Company announced it will invest $1.8 billion in two manufacturing sites in Ireland to boost production of its drugs for treating obesity and Alzheimer's disease.

Pharmaceutical companies are investing up to $1 trillion in new biotech innovations.

The Chemical giant Dow Chemical Company lowered its earnings forecast for the third quarter because of the impact of Hurricane Beryl on a plant in Texas, the company said in a statement Thursday.

The L’Oréal Group has partnered with Abolis Biotechnologies and Evonik to discover, develop and produce dedicated sustainable beauty ingredients to achieve L’Oréal’s goal of 95% biobased ingredients in formulations by 2030.

• L’Oréal
• Abolis Biotechnologies
• Evonik

BASF has started up a new, world-scale plant for the production of alkylethanolamines at its Verbund site in Antwerp, Belgium.

• BASF

Covestro India, a leading manufacturer of high-performance polymers, has launched a trimer production facility at its Ankleshwar plant in Gujarat.

• Covestro
• India

Aekyung Chemical, South Korea's top daily chemical brand, will invest a total of 96.7 billion won to build a mass production facility for TPC (terephthaloyl chloride), the main raw material for aramid fiber, by the end of 2025.

• Aekyung chemical

British pharmaceutical giant GlaxoSmithKline (GSK) has achieved encouraging mid-stage trial results for the seasonal flu vaccine program it is developing, the company announced in a statement released Thursday.

The maker of diabetes treatments Wegovy and Ozempic reported in March that its oral insulin mimics reduced body weight by 13.1 percent over 12 weeks in a phase I trial, sending its shares up more than 8 percent.

Astrazeneca confirmed in a statement late Thursday that some of its employees were under investigation by Chinese police, but gave no further information.