Market Flash

On January 21, leading titanium dioxide producers Longbai Group (002601) and Huiyun Titanium Industry (300891) announced significant price hikes, with domestic titanium dioxide prices increasing by 300 yuan/ton and international prices rising by 50 USD/to

During the World Economic Forum Annual Meeting, PwC released its annual global CEO survey, revealing that nearly 60% of CEOs anticipate an acceleration in global economic growth over the next 12 months. This survey encompassed 4,701 CEOs from 109 countrie

On January 23, Juhua Co. announced a significant performance increase for 2024, projecting a net profit attributable to shareholders of between 1.87 billion to 2.1 billion yuan, reflecting a remarkable year-on-year increase of 98% to 123%.

British Columbia's attorney general, Niki Sharma, announced that the B.C. Supreme Court has officially certified the province's class-action lawsuit against opioid manufacturers and distributors.

Gloss Ventures, the firm behind TikTok-famous lip liner brand Sacheu Beauty, which is said to have revenues of over $40 million in 2024, has raised $15 million with an investment from Peterson Partners.

• Gloss Ventures
• Sacheu Beauty

Axalta Coating Systems and Dürr Systems AG, a leading mechanical and plant engineering company, have entered into a partnership to provide digital painting solutions that combine Axalta’s NextJet™ technology with Dürr’s robotic integration.

• Axalta Coating Systems

Immediate steps are essential to safeguard the future of Grangemouth's industrial sector, as Falkirk news councillors express alarm following Ineos's announcement of the closure of its ethanol plant after over 40 years of operation. A motion addressing th

The chemicals industry is advocating for adjustments in customs duties in the upcoming Budget, particularly for products like Polyethylene Terephthalate (PET) and Polyvinyl Chloride (PVC). This move aims to reduce dependency on imports from China, the wor

Amid escalating trade tensions, President Donald Trump has threatened to impose 25% tariffs on goods from Canada and Mexico starting February 1. While much attention is focused on automobiles and consumer goods, the chemical industry is bracing for potent

The European Union is progressing towards a PFAS ban, as highlighted by EU Environment Commissioner Jessika Roswall in a recent interview with Reuters. However, this regulation may include specific allowances for critical industrial applications. The fina

On January 22, leading PPS manufacturer NHU (002001) announced an impressive 2024 earnings forecast, predicting a net profit attributable to shareholders between 5.8 billion and 6.2 billion yuan, marking a remarkable year-on-year growth of 114.48% to 129.

The agricultural sector is facing a significant crisis as fears of increased ICE raids under the Trump administration exacerbate labor shortages, raising concerns about potential spikes in food prices. Reports indicate a drastic drop in field workers in B

The Indian pharmaceutical industry is optimistic about expanding its footprint in the U.S. market under the new leadership of President Donald Trump. With only a limited number of medicine manufacturing plants in the U.S., India’s reliance on China for ph

MÜNZING, a leading global manufacturer of specialty chemical additives, has announced the establishment of MÜNZING Singapore Pte Ltd, its first operational base in Singapore.

• MÜNZING
• Singapore

Toray Industries has developed a damping nylon resin that maintains the high-temperature rigidity and moldability of standard nylon while having four times the damping performance of butyl rubber and other conventional materials.

• Toray
• Nylon Resin

The Mipa Group is strengthening its presence in Switzerland. As of June 30, 2025, Mipa Lacke + Farben AG in Kriessern and Mipa Coatings Schweiz AG in Islikon will merge, with retroactive effect from January 1, 2025.

• Mipa
• merge

Recently, Teijin Aramid, a subsidiary of Japan's Teijin Group, announced plans to close its aramid fiber production facility in Arnhem, Netherlands. This decision is part of a broader cost-cutting strategy necessitated by increased competition, particular

The global chemical market underwent significant changes in 2024. China's exports of bulk chemicals saw an increase, while imports declined. Conversely, Europe experienced a rise in chemical imports but a decrease in exports.

In 2024, Arkema marked a significant milestone by celebrating 40 years of development in China, gaining widespread media attention and industry recognition for its efforts in sustainability, niche markets, and corporate social responsibility. The company