Market Flash

OCP SA (OCP) has issued a notice of award to Worley Chemetics for three new sulphuric acid plants at its Mzinda Phosphate Hub (MPH) in Morocco. The notice of award is subject to contract signing.

• Worley
• OCP

OQ Chemicals has launched OxBalance Neopentyl Glycol Diheptanoate (NPG Diheptanoate), a biomass-balanced, lightweight emollient ester for cosmetics certified to the International Sustainability and Carbon Certification (ISCC) PLUS program.

• OQ Chemical
• OxBalance

2023~2024 Brazil fungicide market: Prothioconazole and Tebuconazole are widely used, and multi-site fungicides Mancozeb and Chlorothalonil are in shortage

• Prothioconazole
• Tebuconazole
• Mancozeb

In China's huge pharmacEUtical market, the treatment of digestive diseases has been a hot area.

The Ministry of Food and Drug of Korea issued a notice on July 10, 2024, revising the food standard specifications.

EU Animal Feed Additives and Products (FEEDAP) research Group has carried out an evaluation of feed additives consisting of soap tree and yucca extract.

EU Research Group on Additives and Products for Animal Feed (FEEDAP) has published a scientific opinion on the safety and effectiveness of Saccharomyces cerevisiae CNCM I-1079 as a feed additive for dogs and all other canines.

European Food Safety Authority (EFSA) announced the evaluation of the application for the renewal of the authorization of l-tyrosine as an additive for all animal feeds.

Department for Environment, Food and Rural Affairs (DEFRA) issued updated guidance on imported fish products, updating the certification requirements for fish species that may produce histamine.

European Food Safety Authority (EFSA) issued an assessment opinion on the safety of asparaginase (asparaginase) produced by a genetically modified Aspergillus Niger strain ASP.

Taiwan Food and Drug Administration issued a list of unqualified imported food, showing that a batch of jasmine green tea imported from Poland was detected with excessive pesticide residues.

Sika has broken ground on a new 250,000 square foot state-of-the-art mortar production facility, expected to be operational by the end of 2025.

• Sika

Blome International Polymers, a leader in industrial coatings and lining solutions, announces the acquisition of Duromar, a well-known repair and maintenance coatings manufacturer.

• Blome International Polymers
• Duromar

SGS, a Swiss-based testing, inspection and certification company, announced on July 10 that it has acquired IEC (Institut d'expertise clinique), a leading French institution for cosmetic clinical research. The transaction amount was not disclosed.

• SGS
• IEC

FMC Corporation announced that it has signed a definitive agreement to sell its Global Specialty Solutions (GSS) business to Environmental Science US (Envu), an environmental science company.

• FMC
• Envu

According to the latest data from the Crop Protection Federation of India (CCFI), the share of generic pesticides in the global pesticide market has reached a record high, accounting for 93% of the market share

• CCFI
• pesticides
• herbicides

On July 11, 2024, the European Food Safety Authority (EFSA) issued a formal opinion on the safety evaluation of the food enzyme phenol 2-oxidoreductase (EC 1.10.3.2) for use in the production of nine food items.

According to the formal statement issued by the European Food Safety Authority (EFSA), the agency conducted a peer review on the preliminary risk assessment of the pesticide active substance lenacil on July 5, 2024.

On July 5, 2024, the European Food Safety Authority (EFSA) issued an official opinion on the safety evaluation of the food enzyme triacylglycerol lipase.

On July 4, 2024, the European Food Safety Authority (EFSA) issued an official opinion on the safety evaluation of the food enzyme bacillolysin (EC 3.4.24.28).