Market Flash

Leaked documents have revealed that the European Union (EU) is set to drop the ban on hazardous chemicals, following intense industry pressure.

• Hazardous chemicals
• Ban

In a recent report released by the United States Department of Agriculture (USDA), it has been suggested that the coronavirus may have spread widely in deer populations and could potentially spread back to humans.

• coronavirus

2023 has been a year of continuous events in the medical field.

• medical event

On July 10th, Hengrui Medicine announced that its subsidiary, Tianjin Hengrui Medicine Co., Ltd., has received the drug clinical trial approval notification issued by the National Medical Products Administration for HRS-4357 injection.

• clinical trial

Betta Pharmaceuticals and C4 Therapeutics have jointly developed CFT8919, an orally bioavailable BiDAC™ degrader designed to selectively combat EGFRL858R in non-small cell lung cancer (NSCLC) patients.

• cft8919

Jiejia Weichuang announced that it plans to raise a total of no more than 961 million yuan for investment in the industrialization project of perovskite and perovskite layering equipment, as well as for supplementary working capital.

• perovskite

On July 7th, Shandong Haicenxin Yuan Material Technology Co., Ltd. (referred to as "Haicenxin", stock code "301292") was successfully listed on the ChiNext board of the Shenzhen Stock Exchange.

• ChiNext Board

The cellulose ether market has been on the rise in recent years, driven by the demand for high-quality medical excipients in the pharmaceutical industry.

• cellulose ether

"Drug Registration Certificate" issued by the National Medical Products Administration (NMPA) for the application of market approval of Liru Ping® injection for the indications of obesity or overweight.

• fat
• overweight
• obesity

The construction of Rulai New Materials (Shandong) Co., Ltd.'s 200,000-ton/year maleic anhydride plant and supporting facilities project is progressing rapidly.

• Maleic Anhydride

Japan is expected to receive the final report from the United Nations regulatory agency on Tuesday (July 4th), approving the plan to discharge over 1.3 million tons of treated Fukushima nuclear disaster water into the Pacific Ocean over the next 30 years.

• nuclear
• pollution

According to reports, an explosion occurred at Jiangxi Qiantai New Materials Co., Ltd., located in Guixi City, Jiangxi Province on July 1st, at noon.

• Explosion

On June 25th, the People's Government of Dingyuan County, Anhui Province, issued the first public notice of the environmental impact assessment for Anhui Coni Chemical Co., Ltd.'s 60,000-ton per year polyurethane and epoxy resin materials project.

• polyurethane
• Epoxy Resin

Recently, the concentrated commencement ceremony for key projects in the second quarter of 2023 was held at the site of the Guangdong Yisuo Carbon Four.

• high-end new materials

In the wake of recent riots in Paris, where hundreds of cars were set on fire, the need for effective fire-resistant coatings for vehicles has become more apparent than ever.

• paris
• Painting&Coating
• fire retardant coatings

Simone Velozo, portfolio coordinator at EMBRAPII, expressed that the number of registered fungal insecticides in Brazil has grown to more than four times what it was six years ago。

• Beauveria
• bassiana
• Metarhizium
• anisopliae
• insecticides

Elon Musk, the CEO of Twitter and SpaceX, has reportedly been using small doses of the psychedelic drug ketamine to treat depression, while also consuming larger doses during social gatherings, according to a report in The Wall Street Journal.

• Elon Musk
• ketamine

On June 28th, Arkema announced its plan to acquire a 54% stake in PI Advanced Materials (PIAM), a listed company in South Korea, for an enterprise value of 728 million euros.

• Arkema
• polymide

On June 28th, Sichuan Tianhua Co., Ltd. (hereinafter referred to as "Sichuan Tianhua") announced on its official website the resolutions of the 2022 Annual Shareholders' Meeting.

• polytetrahydrofuran
• butyrolactone

Recently, the 20th World Brand Conference, hosted by World Brand Lab, was held in Beijing, where the analysis report on the "Top 500 Most Valuable Brands in China 2023" was released.

• Three trees