Company Dynamic

According to a report released by the German Industry Association (VCI) on Tuesday, the recovery of the German chemical industry slowed in the second quarter.

Liao Mengjun, Vice President of R&D Operation of Li Auto, and Guido Naberfeld, Senior Vice President of Automotive business of Covestro Engineering Plastics Division, witnessed the signing process.

L Catterton has announced the acquisition of a majority stake in Latvian bath and body care brand Stenders. Financial terms of the transaction were not disclosed.

• L Catterton
• Stenders

On September 9, 2024, Mitsubishi Chemical signed a definitive agreement to transfer its triacetate business to GSI Creos Corporation.

• Mitsubishi chemical
• GSI Creos Corporation

The U.S. House of Representatives on Monday passed a bill aimed at restricting business with China's Wuxi Apptec (603259.SS), BGI (BGI) and several other biotech companies on national security grounds.

Food Standards Australia and New Zealand (FSANZ) officially announced two important announcements on September 9, 2024. The first notice, No. 306-24, deals primarily with application number A1312.

The results certainly disappointed investors and analysts who had been closely watching the late-stage trial and had high hopes that the drug, called Dato-DXd, could become another blockbuster drug for Astrazeneca.

In an interview with the media, Henkel Group CEO Carsten Knobel pointed out that the group will optimize the production, procurement, logistics and warehousing operations.

• henkel location

As China continues to grow in the global chip industry, the Biden administration has begun to impose new export control policies on several key technologies and products.

The People's Republic of China plans to initiate anti-dumping investigations into imports of certain agricultural and chemical products from Canada, a move that has further inflamed growing trade tensions between the two countries.

Puig reported net revenues of €2,171 million in H1 2024, up 9.6% (reported), with a gross margin of 75.8%.

• Puig

Polyrheo USA announces the acquisition of Huntsman’s Maple Shade, New Jersey chemical manufacturing facility.

• Polyrheo USA
• Huntsman

Nouryon, a global leader in specialty chemicals, has opened a new integrated manufacturing model plant in Ribas do Rio Pardo, Mato Grosso do Sul, Brazil, which produces hydrogen peroxide, sodium chlorate and chlorine dioxide.

• Nouryon

The main use of Belanty fungicides is against two common diseases of rice cultivation - sheath blight and ear rot. These two diseases pose a great threat to the yield and quality of rice.

The much-anticipated deal between Japanese beauty giant Shiseido and skincare brand OSEA has officially fallen through, according to WWD.

• Shiseido
• OSEA

Dow Mitsui Chemicals has started selling biomass ethylene vinyl acetate copolymer (EVA) and biomass low-density polyethylene (LDPE) based on the mass balance method from September 1, 2024.

• Mitsui chemicals
• Biomass EVA
• Biomass LDPE

Amir Malik, Pfizer's Chief Commercial Officer in the United States, stressed that the launch of the platform is an important step in the company's commitment to simplifying access to health care for people seeking a better and healthier life.

Novartis has entered into a licensing and collaboration agreement with Lindy Biosciences to further optimize the delivery of biologics.

Global pharmaceutical industry leader Eli Lilly has entered into a research collaboration agreement with Genetic Leap, an upstart drug developer powered by artificial intelligence, confirmed authoritative sources.

Thanks to the market success of its two weight-loss drugs, Mounjaro and zepbound, Lilly's market value has steadily climbed to about $855 billion.