Market Flash

Sekisui Chemical Co., Ltd. has decided to establish the sixth plant for Sekisui DLJM Molding in Pune, Maharashtra, western India

• Sekisui Chemical

The latest trade data shows that South Korea has replaced the United States as the world's second largest cosmetics exporter, second only to France.

• South Korea

Aksharchem India Ltd announced the successful expansion of its precipitated silica plant in Dahej, Gujarat, adding 6,000 tonnes/year of capacity.

• Aksharchem
• precipitated silica

Biological E, an Indian pharmaceutical manufacturer, has partnered with China’s Recbio to produce and commercialize the REC603 HPV9 vaccine, marking a significant step in combating HPV-related cancers.

The Australian Department of Agriculture, Fisheries, and Forestry recently released its updated report on imported food non-compliance for May 2025, identifying four batches of Chinese products that failed safety standards.

On June 25, 2025, the Korean Ministry of Food and Drug Safety (MFDS) issued Announcement 2025-286, proposing revisions to the Food and Livestock Product Safety Management Certification Standards.

On June 25, the State-owned Assets Supervision and Administration Commission (SASAC) announced significant leadership adjustments at China National Chemical Engineering Group Corporation Ltd. (CNCEC).

Libya's National Oil Corporation (NOC) and Turkish Petroleum Corporation (TPAO) have signed a Memorandum of Understanding (MoU) in Istanbul, marking a pivotal step in offshore exploration collaboration.

Siemens has announced plans to gradually shut down its manufacturing facility in Peterborough, Ontario, over the next two years. The closure impacts the Measurement Intelligence production line, which will be relocated to the Concord facility.

Ube Corporation has unveiled new details and timelines for its structural reform, focusing on expanding its specialty chemicals portfolio while reducing or ceasing production in its basic chemicals segment.

South Korea’s export sector saw a 4.3% year-on-year rebound in June, offering a momentary boost to its trade-dependent economy ahead of impending US tariff hikes.

June 26, 2025: UBE Corporation announced that two of its products have received the U-BE-INFINITY® eco-product certification, which recognizes contributions to environmental sustainability.

During the SNEC 2025 International Photovoltaic Exhibition, LG Chem and Jinwei Intelligent Equipment signed a strategic cooperation agreement to expand their presence in the global photovoltaic (PV) encapsulant market.

June 26, 2025: India’s Ministry of Finance announced the imposition of anti-dumping duties for five years on plastic processing machines originating from or imported from China and Taiwan.

Italy's Competition and Market Authority (AGCM) has imposed a €30.4 million fine on bioplastics manufacturer Novamont, citing abuse of market dominance in raw materials for lightweight and ultra-lightweight fruit and vegetable bags.

San Francisco: High costs of obesity medicines are driving Americans to a growing "gray market," where individuals make their own weight-loss drugs using cheap, unregulated active ingredients shipped from China.

Torrent Pharma is closing in on a $2.4 billion acquisition of JB Chemicals and Pharmaceuticals, marking its biggest deal yet.

New Delhi: Indian Contract Research and Development and Manufacturing Organizations (CRDMOs) are gaining momentum as global pharmaceutical companies expand operations geographically, according to a report by Jefferies.

Nagpur: In a groundbreaking development, new medicines are helping 1 in 4 heart failure patients regain normal heart function, according to experts at the Annual ECHO Nagpur 2025 Conference.

On June 27, 2025, the European Commission issued Regulation (EU) 2025/1248, announcing the postponement of the approval period for epsilon-metofluthrin in product type 18 biocidal products.