Company Dynamic

Wanhua Chemical has launched a 48,000-ton annual citral production facility in Yantai. All processes have been successfully put into trial operation and qualified products have been smoothly produced.

• wanhua chemical
• citral

Kenvue, the maker of Tylenol, has won a class action lawsuit against U.S. consumers.

CBC Group and Abu Dhabi sovereign wealth fund Mubadala. The transaction amounts to $680 million (approximately 4.84 billion RMB).

Siemens Healthcare has agreed to acquire Novartis AG's diagnostics unit for $223.5 million, a move aimed at further strengthening its strength in cancer treatments.

Mitsubishi Chemical Group (MCG) announced that it has launched research on chemical recycling of end-of-life tires (ELT) using the coke oven at its Kagawa Works. The MCG Group plans to start selling sustainable carbon black made from ELT by March 2026.

• Mitsubishi chemical

Eli Lilly, a well-known pharmaceutical company in the United States, has officially announced on its official website that it has launched a low-dose version of a weight loss drug called Zepbound.

The Delaware Supreme Court announced on Tuesday that it would rehear an appeal brought by GlaxoSmithKline (GSK) and several other pharmaceutical companies.

China Petroleum & Chemical Corporation announced its first-half results as of June 30, 2024.

• Sinopec

Wanhua's Yantai Industrial Park 750,000 tons/year PDH and other units have been shut down for maintenance since August 25, 2024, and the maintenance is expected to take about 45 days.

• Wanhua

BASF Coatings Division officially opened a new Application and Technology Center in Jiangmen, China.

• BASF

Unilever is considering selling its two luxury skincare brands, Kate Somerville and REN Skincare, as the overall high-end skincare market declines.

• Unilever

In this essay, we will mainly introduce the similarities and differences between honey vs maple syrup nutrition in detail.

• honey vs maple syrup nutrition

Food Standards Australia and New Zealand (FSANZ) officially published Notice No. 303-24 concerning application No. A1291, which seeks public comment on the use of a specific Glucoamylase as a processing aid.

Recently, Pien tze huang, known as "Chinese Mugwort", released an announcement that its wholly-owned subsidiary Zhangzhou Pien tze huang Investment Management Co., Ltd. plans to use about 254 million yuan of its own funds or raise funds.

On August 20, 2024, Eli Lilly and Company, the world's leading pharmaceutical company, officially announced the positive results of the SURMOUNT-1 study (176 weeks of treatment).

Neste is strengthening its logistics infrastructure at its Porvoo refinery in Finland to accommodate increased quantities of liquefied recycled raw materials, such as waste plastics and rubber tires.

• Neste

PPG announced on August 26 that it has completed the upgrade of its industrial coatings plant in Yen Phong, Bac Ninh Province, Vietnam, and expanded its production capacity.

• PPG

Infinium and Borealis have entered into an agreement to produce low-carbon footprint plastics created from waste carbon dioxide (CO 2) that would otherwise be emitted into the atmosphere.

• Infinium
• Borealis

LANXESS will continue to produce chromium oxide pigments at the Krefeld-Uerdingen site and has stopped its original plan to sell the business.

• Lanxess

According to the latest report released by ICIS, a chemical information center, most petrochemical products in Asia are expected to continue their downward trend in prices in August.