Market Flash

so far, in China registered the technical products of only two enterprises, including foreign enterprises and domestic enterprises each 1, respectively, Arysta and Hebei Handan Zhao Du Fine Chemical Co., LTD.

• Maleic
• hydrazide
• SOL
• agricultural

LDAO serves as a multifunctional amphoteric surfactant in shampoos, providing gentle cleansing while conditioning hair through electrostatic binding.

• cosmetic chemistry
• hair care
• surfactant technology

On July 3, 2024, the Canadian Food Inspection Agency (CFIA) issued a recall notice for two instant noodle products that contained an undeclared allergen (peanut).

On July 6, 2024, South Korean media revealed that several schools in Namwon City, North Jeolla Province, have been embroiled in a suspected food poisoning incident, with over 1,000 students and staff members affected.

On July 8, 2024, the South Korean Ministry of Food and Drug Safety (MFDS) issued an important announcement, Document No. 2024-328.

On July 3, 2024, South Korea officially promulgated a revised version of the "Enforcement Decree of the Food Sanitation Act" (Prime Minister's Decree No. 1969).

On July 5th, the Korean Ministry of Food and Drug Safety (MFDS) issued specific import inspection guidelines for monosodium glutamate (MSG) imported from China.

On July 3, 2024, the Canadian Food Inspection Agency (CFIA) released four detailed investigation reports, conducting in-depth analysis on the undeclared allergens and gluten in coconut water, as well as other food safety issues.

In May 2022, tirzepatide research peptide was approved for marketing by the US FDA, and its indication is as an adjunct to diet and exercise to improve blood sugar control in adult patients with type 2 diabetes.

• Tirzepatide research peptide

Eurosyn, the leading specialty chemicals distributor in the Italian market, is proud to announce a new partnership with hubergroup Chemicals.

• Eurosyn
• Hubergroup

Bergman & Beving acquires all shares in Spraylat International. The company manufactures and sells temporary protective coatings for windows in new and renovated buildings.

• Bergman & Beving
• Spraylat International

Ekkio Capital has launched Sweetch, a beauty ingredient supplier focused on natural and sustainable materials. The new company combines the businesses of Gobiotics, Creathes and CreaChem.

• Ekkio Capital
• Sweetch

Syensqo has completed the acquisition of a controlling stake in Azerys, a rosemary extraction specialist with assets located in El Jadida, Morocco.

• Syensqo
• Azerys
• rosemary extract

AkzoNobel's newly upgraded automated production line in Suzhou, China, has been put into operation recently.

• AkzoNobel

According to the results of a trial announced by Eli Lilly on April 17, GLP-1 receptor agonist peptide sciences tirzepatide treatment can improve sleep apnea symptoms in patients with moderate to severe obstructive sleep apnea (OSA) and obesity.

• Peptide sciences tirzepatide

Saint-Gobain, the French multinational, has officially announced the completion of its acquisition of FOSROC, a global leading private building chemicals company, for a transaction value of $1.025 billion (approximately €960 million), to be paid in cash.

Eli Lilly proudly announced that its investigational anti-Aβ antibody Donanemab (brand name Kisunla) has been approved by the U.S. Food and Drug Administration (FDA) for the treatment of early symptomatic Alzheimer's disease in adults.

On June 12th, Connect Biopharm filed a notable report with the US Securities and Exchange Commission (SEC) regarding personnel changes.

Sirnaomics, the "leader in China's nucleic acid drug industry" that dazzled the Hong Kong Stock Exchange with its listing in December 2021, has recently found itself embroiled in a wave of high-level management changes.

JG Summit Olefins Corporation (JGSOC) signed a memorandum of agreement on the project “Spunbond Nonwoven R&D: Sustainable Meltblown and Spunbond Nonwovens” with the Philippine Textile Research Institute (PTRI).

• JGSOC