Market Flash

On August 26, 2024, news of the suspension of Valling and Valga, the flu vaccines produced by Pasteur, a subsidiary of Sanofi, spread quickly on the Internet.

Indian Ministry of Commerce and Industry issued a notice on August 14, which made a positive final anti-dumping ruling on epichlorohydrin products from China, South Korea and Thailand.

The cumulative profits of industrial enterprises above designated size in China reached 4,099.17 billion yuan in the January-July period, up 3.6% from the same period last year, according to data released by the National Bureau of Statistics on Monday.

The UK beauty industry has shown impressive resilience, growing 11% in 2023 to reach sales of £27.2 billion as the sector bounces back from the impact of Brexit, the coronavirus pandemic and the cost of living crisis.

• UK beauty industry

Natural rubber (NR) futures rose for the third week in a row on concerns about supply constraints in several NR producing countries.

• Natural rubber

ICL GROUP LTD, a leading global specialty mineral company, announced that it has signed a five-year agreement with AMP HOLDINGS GROUP, one of China's leading fertilizer and raw material distribution companies.

• ICL GROUP LTD
• AMP HOLDINGS GROUP

Arkema, a leader in specialty materials, has achieved a new milestone on its sustainable development journey with the ISCC PLUS certification for its Nansha plant in China.

• Arkema

BYK has appointed Hecckem Kimyevi Mad. İth.İhr.A.Ş (Hecckem) as the authorized distributor for the coating additives business in Azerbaijan, effective August 1, 2024.

• BYK
• Hecckem

Bharat Biotechnology Ltd. has announced that its oral cholera vaccine has successfully completed late-stage clinical trials and plans to roll it out worldwide.

The German government has officially announced an important donation of 100,000 doses of mpox vaccine to global health organizations.

As of August 16, 2023, the U.S. Centers for Disease Control and Prevention (CDC) noted in its most recent report that there were 21 confirmed cases of Oropouche infection in U.S. travelers after returning from Cuba.

As reported by the Business Mirror on August 22, the Halal Industry Development Department of the Philippines Department of Trade and Industry (DTI) officially announced an ambitious plan.

On August 22, 2024, the Canadian Food Inspection Agency issued an emergency recall notice.

According to an update from the World Organisation for Animal Health (WOAH), on 27 August 2024, the Australian Department of Agriculture, Water and Environment reported an outbreak of Varrosis in bees to WOAH.

Aurigene Pharmaceutical Services has signed a non-binding Memorandum of Understanding (MoU) with Kainomyx with a proprietary platform that helps target the parasite’s cytoskeletal proteins.

• Aurigene
• Dr. Reddy
• Kainomyx

Omya announces a distribution agreement with TIB Chemicals Corporation in the United States.

• Omya
• TIB Chemicals

Alumina trihydrate is a commonly used raw material in the fields of chemical, pharmaceutical, industrial, and electronic industries, and its uses are countless. This article lists the common alumina trihydrate uses and its advantages as a flame retardant.

• Alumina trihydrate uses

Aluminium trihydrate is a commonly used concrete admixture. During the preparation of concrete, adding an appropriate amount of aluminium trihydrate can improve the physical properties of concrete.

• Ath aluminium trihydrate

According to the European Union's Rapid Alert System for Food and Feed (RASFF), on August 22, 2024, the Dutch regulator officially withdrew its food safety alert for infant formula exports from Ireland.

August 22, 2024, the German Federal Ministry of Food and Agriculture reported to WOAH that there is unfortunately an outbreak of West Nile Fever in Germany.