Market Flash

In a recent development, the European Union (EU) has conducted an assessment on the safety of propyl gallate as an additive in animal feed.

The EU Rapid Alert System for Food and Feed (RASFF) has recently released its report for Week 9 of 2024.

Ukraine has recently experienced a new outbreak of African Swine Fever (ASF) on March 1st, 2024, according to a report from the World Organization for Animal Health (WOAH).

In a recent report from the World Organization for Animal Health (WOAH), Georgia's National Food Agency has alerted about an outbreak of small ruminant pestilence in the country.

Origin Materials, a leading global carbon-negative materials company on a mission to help the world transition to sustainable materials, announced its fourth quarter and full year financial results for the year ended December 31, 2023.

• Origin Materials
• PET

French licensed fragrance specialist Interparfums - best known for its licensing deals with brands such as Montblanc and Lacoste - presented its annual results at the Pavillon Gabriel in Paris.

• Interparfums

Arkema and Sireg Geotech have developed the world's first bendable composite rebar, offering an innovative alternative to traditional steel bars.

• Arkema
• Sireg Geotech
• bendable composite rebar

The European Union recently conducted a safety assessment on the production of β-fructofuranosidase, an enzyme derived from a non-genetically modified yeast strain known as NCYC R693.

In a recent development, the European Union (EU) has conducted a comprehensive safety evaluation of bacillolysin, a food enzyme produced by the non-genetically modified Bacillus amyloliquefaciens strain DP-Cyb74.

The European Union (EU) recently conducted an assessment on the safety and effectiveness of Lactobacillus NCIMB 11181 as a feed additive for fattening poultry and other species.

In a groundbreaking achievement, Hengrui Medicine, a renowned pharmaceutical company, witnessed a remarkable surge of 223% in its immuno-oncology business, resulting in a doubling of its total revenue in 2023.

The development and use of antibiotics face a paradoxical challenge. The more antibiotics are used, the quicker bacteria mutate and render the drugs ineffective.

The recent release of the 2024 edition of the Chinese Elderly Diabetes Diagnosis and Treatment Guidelines has brought attention to two groundbreaking antidiabetic medications.

In a significant development, CHIATAI TIANQING Pharmaceutical has achieved a major milestone with the acceptance of its new drug applications for Anlotinib Hydrochloride Capsules and Bevacizumab.

BASF has strengthened its partnership with OQEMA, one of Europe's leading chemicals distributors, for BASF's standard amines portfolio (excluding ethanolamines in the UK and Ireland), effective January 1, 2024.

• BASF
• OQEMA
• amines

Global private equity fund Advent International has acquired Skala Cosméticos, a vegan hair care brand based in Uberaba, Minas Gerais, Brazil.

• Advent International
• Skala Cosméticos

A few days ago, Zhongshan Chemical’s 60% Cyproconazole · Trifloxystrobin WG product (Cyproconazole 20%+ Trifloxystrobin 40%, mass ratio of 1∶2) was approved for registration

• Cyproconazole
• Trifloxystrobin
• WG

The pesticide industry is at the end of the chemical industry chain and belongs to the fine chemical industry. Dimethylformamide (DMF), as an important polar solvent, has important applications in the production of pesticide industry.

• Dimethylformamide
• (DMF)
• herbicide
• Pesticide

French industrial gas company Air Liquide and South African energy company Sasol have signed a power purchase agreement (PPA) with Enel Green Power to supply an additional 110 MW of renewable electricity to Sasol's Secunda plant in southern Africa.

• Air Liquide
• Sasol
• renewable energy supply

The new alkyd resin plant in Bangladesh has officially started operations. The plant was designed and built by JAT Holdings through its wholly-owned subsidiary Asia Coating in Bangladesh.

• alkyd resin
• JAT holding