Market Flash

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

As part of the company’s ongoing separation into a standalone entity named Aumovio, it has launched Advanced Electronics and Semiconductor Solutions (AESS) to enhance resilience and secure its place in the booming automotive semiconductor market.

On June 30, L'Oréal Group announced that it has signed an agreement to acquire professional hair care brand Color Wow, hoping to seize the rapid growth opportunities in high-end hair care products.

• L'Oréal
• Color Wow

Sika has acquired Qatar-based Gulf Additive Factory LLC. The company produces a wide range of construction chemicals and has a strong presence in the fast-growing Qatari construction market.

• Sika
• Gulf Additive Factory LLC

In June 2025, after prolonged negotiations, the US and China officially signed a trade truce agreement.

Kemira and Shanghai Bluepha Microbiology Technology Co. have reached a three-year strategic collaboration to promote the large-scale application of PHA (polyhydroxyalkanoates) in fully bio-based barrier coatings for paper, paperboard and molded fibers.

• Kemira
• Bluepha

Brazilian haircare brands Skala and Lola From Rio, both known for their focus on curly hair products, are set to merge to create one of the largest groups in the Brazilian market.

• Skala
• Lola From Rio

SWIFT released the latest global payment currency rankings, showing that the US dollar maintained its dominance as the most active global currency with a payment share of 48.46%.

On June 20, the UK House of Commons narrowly passed the Assisted Dying Bill with a vote of 314 in favor to 291 against, following nearly four hours of heated debate.

The recent move of Shan Guohong, former Takeda Senior Vice President and China President, to BeiGene has drawn significant industry attention.

On June 12 and 18, 2025, the European Food Safety Authority (EFSA) released safety evaluations for five food enzymes produced by genetically modified microorganisms.

During the Zhanjiang Aquatic Products Expo (June 18-20), Omarsa President Sandro Coglitore stated that Ecuador's shrimp production is expected to decline over the next 3-4 months, leading to higher raw material costs and likely price increases in China’s

On June 20, 2025, the China Securities Regulatory Commission (CSRC) announced the approval of benzene futures and options registration on the Dalian Commodity Exchange (DCE).

The Shandong Provincial Authorities recently issued a Notice on the Suspension of the Chemical Park Qualification of Gaomi Renhe Chemical Industrial Park.

As the July deadline for Trump’s potential "reciprocal tariffs" looms, exports from Asian economies to the United States have surged, further widening the US trade deficit with the region.

European Parliament and Council announced an agreement to amend the EU’s Carbon Border Adjustment Mechanism (CBAM), introducing a 50-ton annual import threshold that will exempt 90% of importers, primarily small and medium-sized enterprises (SMEs).

On June 14, Transfar Group and its subsidiaries, Transfar Zhilian and Zhejiang Xinan Chemical Industrial Group (Xinan Co.), signed a strategic memorandum of understanding (MOU) with PETRONAS, the Malaysian national energy giant.

Syngenta recently announced that its newly developed herbicide, metproxybicyclone, has been officially classified as a new chemical subclass by the Herbicide Resistance Action Committee (HRAC) and the Weed Science Society of America (WSSA).

Brazilian company Ourofino Agrociência has announced the launch of its latest fungicide, Dotte, a premium product designed specifically to combat Asian soybean rust and leaf spot disease in soybeans.

Sissco has expanded its first-in-market fluorine-free surfactant (NFS) perfluoroelastomer (FFKM) product line with the release of the world’s first peroxide-cured FFKM polymer using proprietary NFS technology.