Market Flash

The COVID-19 outbreak has highlighted the importance of vaccines. The pandemic has killed 16 million people, adding a harrowing statistic to the global death toll.

On September 7, a fire and an explosion at the Armacell plant in Cheonan, South Korea, caused serious damage to the facility and forced the suspension of production operations.

Gravita India, a leading recycling company with global presence and 12 environmentally conscious state-of-the-art manufacturing plants across Asia and Africa, has a capacity of over 300,000 tonnes per annum across multiple scrap recycling verticals.

• Gravita India

Maersk Tankers, a global shipping leader, will launch a new chemical tanker pool on October 1 to expand its service scope and consolidate its market position.

• Maersk
• chemical tanker pool

POS roll and label supplier Schades has announced the acquisition of UK-based Hamilton Adhesive Labels, a private label manufacturer of label solutions that has worked with brands in the UK and Europe for over 32 years.

• Schades
• Hamilton Adhesive Labels

The Biesterfeld Group continues its strategic expansion in the Baltic States with the establishment of a new legal entity, Biesterfeld Baltic SIA, headquartered in Riga, Latvia.

• Biesterfeld

Vytrus Biotech has announced that its ingredients have been certified Halal, demonstrating its commitment to quality and inclusivity.

• Vytrus Biotech

Bostik, the adhesive solutions division of the Arkema Group, announces the launch of its new Kizen LIME range of packaging adhesives, a significant advancement in Arkema’s net zero emissions trajectory.

• Bostik
• Arkema
• Kizen LIME

Branded acquired Heyday to form Essor, a digitally native CPG platform with $400 million in annual revenue and over 1 billion social views.

• Branded
• Heyday
• Essor

Solabia announces that it has acquired a majority stake in PolymerExpert, further strengthening its position in the cosmetics and healthcare markets.

• Solabia
• PolymerExpert

On September 9, China State Shipbuilding Corporation (CSSC) signed an agreement with Qatar Energy Company, under which its wholly-owned subsidiary Hudong-Zhonghua Shipbuilding will undertake the construction of 6 state-of-the-art QC-Max vessels

• CSSC
• Qatar Energy

According to official Chinese reports, Xi stated that China hopes to develop a China-EU relationship with Brussels, where both sides maintain independence and autonomy while achieving mutual success and benefiting the world.

China's exports grew at their fastest pace in nearly a year and a half in August, a sign that manufacturers are rushing to fill orders before more trading partners start imposing tariffs.

The enzyme is extracted from a microbe called Saccharomyces cerevisiae LALL-MA+.

However, safety reviews are based on scientific facts, and the opinions presented are open to discussion if they are consistent with scientific facts and logic.

The Drug Pricing Regulations, which regulate the pricing of essential medicines in India, have long been the focus of numerous legal disputes, many of which have been pending in judicial proceedings for more than a decade.

Juan Pablo Vargas de la Vega, CEO of Galan Lithium (ASX:GLN), has firm confidence in the future prospects of the lithium industry and expects the lithium market to show strong growth trends.

SK Earthon, the exploration and production (E&P) arm of South Korea's SK Innovation, is seeking new exploration opportunities in Malaysia to advance its global energy strategy.

• SK Earthon
• SK Innovation

Kamdhenu Colour and Coatings Limited, a wholly owned subsidiary of Kamdhenu Paints, plans to expand its premium product line with the launch of a new range of wood coatings that meet international quality standards.

• Kamdhenu Paints

U.S. green technology company LanzaTech has signed an agreement with Sekisui Chemical to deploy a jointly developed platform at commercial scale to convert syngas generated from municipal solid waste (MSW) and industrial solid waste into ethanol.

• LanzaTech
• Sekisui Chemical