Market Flash

According to data from the United States International Trade Commission (USITC), South Korean cosmetics have surpassed France in the US imported cosmetics market share from January to April this year.

• sk cosmetics industry

Arkema's powder coating resin plant in Sant Celoni, Spain, is ISCC+ certified. This is part of a larger initiative aimed at decarbonizing the global coatings value chain.

• Arkema

Zinc sulfide, the king of fluorescence, is a composite material with brilliant light. It plays an important role in optics, electronics, medicine and other fields. This article will explore the application of fluorescent zinc sulphide.

• Fluorescent zinc sulphide

On June 18, 2024, the Austrian Agency for Health and Food Safety (AGES) officially released the final report on the 2023 special action on infant formula.

On June 28, 2024, the Australian Department of Agriculture, Fisheries and Forestry officially issued Notice No. 139-2024, which aims to publish the fee regulations for biosecurity and imported food regulatory activities for the 2024-2025 fiscal year.

According to a report by SeafoodMedia on June 26th, the Mexican amberjack aquaculture company Omega Azul has set a development strategy for the next five years, aiming to increase its annual amberjack production from the current 450 tons to 3,000 tons.

On June 25, 2024, the Australian Pesticides and Veterinary Medicines Authority (APVMA) released a consultation document aimed at establishing maximum residue limits (MRLs) for the pesticide Spiromesifen in certain food commodities.

From a strategic perspective, Bristol-Myers Squibb has been continuously adjusting the priority of its product portfolio in global strategic collaborations, leading to the decision to discontinue MORAb-202.

Navin Molecular, an India-based CDMO with small molecule development and manufacturing capabilities, recently announced an investment of Rs 288 crore (approximately €32.6 million) to build a 9,000 m2 GMP manufacturing facility in Dewas, India.

• Navin Molecular

Italian engineering group Maire Tecnimont has announced that its subsidiary NextChem, specializing in sustainable technology solutions, has been awarded a feasibility study and pre-FEED contract by FertigHy for the use of NX Stami nitric acid technologies

American ERW black steel pipe manufacturer Fayette Pipe has announced the launch of FayetteGuard, a UV-LED-curable coating system for the exterior of black steel pipe.

• Fayette Pipe

SENASA has introduced a new resolution 694/2024 that will recognize the results of isocertification of chemical or biological active ingredients in plant protection products (pesticides) in third countries.

• SENASA
• pesticides
• Argentina

In accordance with Regulation (EC) No 1331/2008, the proposed food additive LegH Prep, derived from genetically modified Komagataella phaffii, is intended for utilization as a colorant in meat analogue products.

The US Centers for Disease Control and Prevention (CDC) has officially recommended that all individuals aged 6 months and older receive the latest COVID-19 vaccine, regardless of their prior vaccination status, for the 2024-2025 immunization season.

According to official data released on Saturday, South Korea's export performance in the pharmaceutical and biotechnology sectors showed a significant year-on-year increase in the first half of this year.

President Bola Ahmed Tinubu has officially signed an executive order to implement a zero-tariff, consumption tax, and value-added tax (VAT) incentive policy for imported pharmaceuticals.

The Expanscience Group inaugurated its second botanical raw material processing plant in Peru on June 4.

• Expanscience

Trinseo, a provider of specialty materials solutions, recently announced the opening of its polymethyl methacrylate (PMMA) depolymerization plant in Rho, Italy.

• Trinseo

Veranova, a US contract development and manufacturing organization (CDMO), has begun expanding its antibody-drug conjugate (ADC) and high-potency active pharmaceutical ingredients (HPAPI) development and manufacturing capabilities at its US facility.

• Veranova

In recent days, the EU's Rapid Alert System for Food and Feed (RASFF) has issued a noteworthy notification, revealing a food safety incident.