Market Flash

Stahl, a leader in specialty coatings and treatments for flexible substrates, has achieved Zero Discharge of Hazardous Chemicals (ZDHC) MRSL 3.1 Gateway certification for 2,151 products in its portfolio.

• Stahl
• ZDHC certification

In a groundbreaking development, Hengrui Pharmaceuticals has achieved a major milestone with the approval of their immunosuppressant drug, Tacrolimus sustained-release capsule, for the US market.

It's no secret that pharmaceutical companies face immense challenges in the industry. In the pharmaceutical field, drugs that generate annual revenues of $1 billion or more are often referred to as "blockbusters" or "explosive bombs."

Recently, the Brazilian Chemical Industry Association stated that the value of Brazil's chemical imports in 2023 reached US$61.2 billion, the second highest figure in the past 35 years, bringing the chemical industry's trade deficit to US$46.6 billion.

• Brazilian Chemical Industry

The European Union (EU) has recently issued Regulation (EU) 2024/262, authorizing the use of 1,4-β-glucanase derived from Trichoderma citrinoviride IMI 360748 as a feed additive for growing broilers, small-scale poultry, and weaned piglets.

South Korea's Ministry of Food and Drug Safety (MFDS) recently published the inspection results for overseas food manufacturers in 2023.

In a recent development, the National Standardization Administration Committee of China has announced the successful initiation and launch of national standards for four feed testing methods.

Finland's food regulatory authority recently revised its food microbiological standards, aiming to enhance food safety and protect public health.

THG is said to be cutting 160 jobs across its marketing, sales and warehouse teams.

• THG

SONGWON, a leader in the development, production and supply of specialty chemicals, launched the first price adjustment in the new year on January 19.

• SONGWON

Kosdaq-listed biotech JW Shinyak said on January 24 that it has started selling Pierre Fabre's hair loss relief cosmetic Ducray Neooptide Expert.

• JW Shinyak
• Pierre Fabre
• Ducray Neooptide Expert

In a recent breakthrough, a team of innovative Chinese food processing and equipment researchers has successfully deciphered the mechanism behind the low-pressure electrostatic field (LVEF) assisted freezing of pork.

In a recent development, frozen cod fillets exported from China have been flagged for containing Salmonella, according to the Rapid Alert System for Food and Feed (RASFF) of the European Union.

In a recent development, it has been reported that dried seaweed exported from China has been found to contain excessive levels of iodine.

The European Union's Rapid Alert System for Food and Feed (RASFF) plays a crucial role in ensuring the safety of food and feed products within its member states.

The field of Antibody-Drug Conjugates (ADCs) has seen a surge in interest, with Trop2 ADCs gaining significant momentum.

"In the constant battle against the threat of "superbugs," the emergence of antibiotic-resistant bacteria has caused growing concern worldwide.

Henlius, a leading innovative pharmaceutical company in China, has experienced a remarkable turnaround in recent years.

Recently, sunvim, a leading cross-border paint and home textile company, updated investors on the company's current operating status and the progress of its new materials business.

• sunvim
• functional coating

On January 25, 2024, Sun Chemical completed the ECO PASSPORT by OEKO-TEX® certification for selected series of pigments and obtained ZDHC (Zero Discharge of Hazardous Chemicals) Level 3 certification.

• Pigment
• SunChemical