Company Dynamic

Pfizer is set to welcome a new leader for its oncology business, who will take on the responsibility of helping the company achieve its ambitious goal of having 8 major impact oncology drugs by 2030.

AstraZeneca China implemented a significant organizational restructuring, dismantling and reorganizing its county-level oncology teams, and integrating them into the Lung Cancer Business Unit and the Urology, Gynecology and Women's Oncology Business Unit.

Rob Hoedt, Executive Vice President and President of Medtronic's global regions, revealed that he will be retiring from his distinguished career on June 28th, opting to start his retirement journey earlier than the company's mandatory retirement age of 65

On July 1, 2024, the global pharmaceutical company AbbVie (NYSE: ABBV) officially announced that Mr. Robert A. Michael will take on the role of Chief Executive Officer (CEO) effective immediately and will also join the company's Board of Directors.

Noteworthy news has arrived - Tang Xiaochun, the head of Merck China's Vaccine Business Unit and Assistant Vice President, has stepped down from his role.

Shiseido and MaxMara announce a long-term fragrance partnership, under which the Japanese beauty giant will have the exclusive global development, production, marketing and distribution license for MaxMara-branded fragrances.

• Shiseido
• MaxMara

AkzoNobel has announced the groundbreaking of an ambitious €22 million investment project. This marks a major step in the development of its Pamiers plant, which specializes in the production of aerospace coatings.

• AkzoNobel

China agrochemical industry weekly

• Phyteurop
• Bixafen
• Spiromesifen

Syngenta has launched its innovative digital farming platform Cropwise® in the Spanish market, which aims to provide farmers with a comprehensive farm management system through advanced digital solutions

• Cropwise
• Syngenta
• Spanish

The Agrorus(2024) will be held in St. Petersburg from August 28 to 30

• fertilizer
• Agrorus
• agrochemical

PPG announced plans to build a new manufacturing plant in Loudoun County, Tennessee, USA. The company will invest $300 million over the next four years to meet the growing demand for paints and coatings in the automotive industry.

• PPG

Global chemical company Huntsman has received bluesign certification for ten of its Irogran thermoplastic polyurethane (TPU) products, which are widely used in the textile and apparel industry.

• Huntsman
• TPU
• bluesign

On July 3, BASF’s Monomers division announced an increase in sodium methoxide production capacity at its latest customer event in Guaratingueta, São Paulo.

• BASF
• sodium methoxide

Syensqo and Allozymes have signed a memorandum of understanding (MoU) to leverage the two companies’ expertise in biotechnology to develop advanced bio-solutions for home and personal care, specifically targeting the skin care market.

• Syensqo
• Allozymes

Read our comparison of the boric acid vs sodium tetraborate in terms of physical, and chemical properties and their applications.

• boric acid vs sodium tetraborate

Recently, at the Hortitec exhibition in Brazil 2024, Bayer presented its newly developed fungicide Valpura, containing the active ingredient Bixafen. At present, Valpura is still in the pre-launch stage.

• Bixafen
• fungicide
• Valpura

MoonBiotech announced that it has recently completed a C+ financing of 300 million yuan, which is exclusively invested by SDIC. This round of financing is also MoonBiotech after the C round of financing introduced the State Investment Venture Fund

• MoonBiotech
• agrochemical
• SDIC

Axalta Coating Systems has completed its previously announced acquisition of CoverFlexx Group from Transtar Holding Company.

• Axalta
• CoverFlexx group

TotalEnergies announces the acquisition of Tecoil, a Finnish company for Re-Refined Base Oils (RRBO) with the most efficient waste oil regeneration process on the market.

• TotalEnergies
• Tecoil

The flagship brand of the Estée Lauder Companies will open a new retail store in China’s Hainan Province. The new store, called the Skin Longevity Institute, will offer a range of facials, skin analysis services and stock the Re-Nutriv line of products.

• Estee Lauder