Market Flash

The organizing committee decided to postpone the 26th China International Fisheries Expo to October 25-27, 2023, and the venue will remain unchanged.

• 26th China International Fisheries Expo

On November 8, 2022, the Ministry of Health of Saudi Arabia issued a proposal to formulate guidelines for the labeling of traceability codes for foods such as infant formula milk powder.

• infant
• Saudi Arabia
• milk powder

Haili Chemical adipic acid plant maintenance

• adipic
• Adipic Acid
• acid

Henlius PD-1 overseas interest sale.

• Henlius PD-1

Bone is not a constant static organ.

• birth
• body decreases

According to the World Organisation for Animal Health (WOAH), on November 21, 2022, the Ministry of Agriculture of Melilla notified WOAH that there was a rabies outbreak in Melilla.

• rabies

The entire content of the Regulation is binding and directly applicable to all Member States.

• weight control

A new detection method of 14C in ethanol from agricultural sources, specifically liquid scintillation counting method.

• alcoholic beverages

Taiwan's Food and Drug Administration released a list of unqualified foods for border inspection, showing that a batch of frozen taro in Vietnam exceeded the standard of heavy metals.

• frozen taro

A total of 26 products declined, accounting for 41.9%, and the top products with the largest declines were aniline (23.9%), 1,4-butanediol (BDO 11.4%) and acrylonitrile (6.0%).

• coat support
• sulphur
• butadiene
• Butyl Acrylate
• aniline

Five coating service contracts were signed within 10 days, with a total contract value of more than 240 million yuan.

• Painting&Coating

Once LG's facility in South Korea, which will be the first in Asia to use HydroPRT technology, LG Chem plans to examine the potential to build more sites.

• plastic
• recycling
• Plastics

Yuntianhua intends to raise funds of no more than 5 billion yuan from no more than 35 specific investors, including the company's controlling shareholder Yuntianhua Group, to increase the battery material project.

• energy battery
• battery

Given the continuing difficult situation in the sector, VCI maintains its forecast for a 5.5% decline in production for the full year 2022, with chemical production (excluding pharmaceuticals) expected to decline by 8.5%.

• quarter revenue

Following the outbreak of the Russia-Ukraine conflict earlier this year, global gas production and exports have been challenged.

• energy crisis

The European chemical industry is beginningto suffer due to the impending energy crisis, which will affect all industriessupplying all European value chains, which of course includes the chemicalindustry, the fourth largest manufacturing chain in the EU.

• energy crisis

GLP-1R agonist bombshell is coming!

• GLP-1R
• diet pills
• hegemon

Pluripotent stem cells can treat hair loss?

• Pluripotent stem cells
• hair loss

What are the opportunities for BTK inhibitors in the future?

• BTK inhibitor
• cytoplasmic non-receptor tyrosine kinase

ADAMA announced that its innovative herbicide Araddo® (mettenone + isooctyl chlorofluoropyroxyacetate) was registered for sale in Paraguay, and plans to expand to more markets in Latin America following the successful launch in Brazil in 2021.

• Herbicide
• mettenone
• isooctyl chlorofluoropyroxyacetate