Market Flash

ELIX Polymers, a Sinochem International company, has launched a cutting-edge range of engineered plastic color options, answering the unique needs of sectors from automotive to healthcare.

China Metallurgical Group has announced a major leap in advanced abradable seal coating technology, ending a long-standing bottleneck that restricted the nation’s high-end equipment sector and propelling China to the forefront of this critical field.

A new UN report reveals that from 2022 to 2024, at least 2.9 million people in El Salvador—representing 45.5% of its population—experienced moderate or severe food insecurity, up by 300,000 from a decade earlier.

On July 30, US President Trump announced a hefty 25% tariff on goods imported from India, effective August 1.

Bolivia’s Ministry of Defense has identified 23 fresh smuggling corridors amid a surge in illegal egg exports, with weekly contraband reaching a record 12 million eggs.

Sun Pharmaceutical has announced it will not expand its US manufacturing footprint, citing concerns over potential reciprocal tariffs following Washington’s announcement of a 25% duty on Indian imports from August 1.

Eli Lilly’s new diabetes drug Mounjaro has outperformed Trulicity in a head-to-head trial, offering superior protection against heart attacks and strokes for patients with type 2 diabetes and elevated cardiovascular risk.

JB Pharmaceuticals posted a robust first quarter for FY26, reporting a 14% year-on-year jump in net profit to ₹202 crore while total revenue climbed 9% to ₹1,094 crore.

President Trump has issued a direct ultimatum to the heads of 17 major pharmaceutical companies, demanding that US drug prices be slashed to the lowest levels paid by other developed nations.

L'Oréal Group delivered strong results in the first half of 2025, achieving sales of €22.47 billion, a year-on-year increase of 3.0%.

• L'Oréal

On July 29, Swiss construction chemicals manufacturer Sika released its financial results for the first half of 2025. Due to pressure on revenue and profits caused by a weakening U.S. dollar, the company has issued a more cautious full-year sales outlook.

• sika

DKSH has signed an exclusive distribution agreement with Sunrise, a leading producer of metallic pigments, for Austria, Germany, and Switzerland. Leveraging its strong distribution network and service offerings, DKSH will leverage this strategic partnersh

• DKSH
• Sunrise

Pond's Group announced on the 29th that it will acquire cosmetics company All Grace for 19 billion won.

• All Grace
• POND
• GROUP

Despite a challenging economic environment, Sika maintained growth in local currency terms in the first half of 2025, with an EBITDA margin expansion year-on-year.

• Sika

Nobian has achieved a significant milestone in its journey to provide zero-carbon products to its customers, becoming the first chemical company in Europe to offer a full range of ISCC PLUS-certified chloromethanes.

• Nobian
• ISCC plus

In July, the TDI market witnessed a “super rally,” with prices soaring nearly 40% in just two weeks, bringing the long-quiet chemical sector back into the spotlight. As one of China's major TDI producers, Cangzhou Dahua saw its share price skyrocket and d

• Cangzhou Dahua
• TDI

On July 22, China Fusion Energy Co., Ltd. officially launched in Shanghai, marking a major step in the nation’s quest for commercial fusion power.

On July 22, 2025, Japan’s AGC Inc. announced the transfer of its polycarbonate business to Sumitomo Bakelite, marking a strategic realignment in line with its “AGC plus-2026” mid-term plan.

Air Canada has signed a preliminary contract with Oman LNG to construct a synthetic methane plant in Oman, targeting an annual output of 110,000 tons, making it one of the world’s largest facilities of its kind.

Corning Incorporated has acquired JA Solar’s Arizona module facility, integrating it into its wholly owned subsidiary, American Panel Solutions.