Market Flash

On January 17, Rayitek released its performance forecast for 2024, indicating that the net profit attributable to shareholders is expected to incur a loss ranging from ¥53 million to ¥68 million.

In January 2025, major global suppliers of MDI and TDI announced price increases across the board. On January 15, Wanhua Chemical raised its prices for MDI and TDI in the ASEAN region by $200 per ton, effective immediately or as allowed by contract terms.

Recently, Sekisui Chemical announced plans to begin mass production of flexible perovskite solar cells in 2027.

Borsod Chemical is committed to delivering high-quality MDI products to the European market. The company values the trust that partners place in it and remains dedicated to providing exceptional service and reliability to meet customer needs.

The Kao Group brand is coming to France and will soon follow in Germany. After its successful launch in the UK two years ago, the brand quickly followed in France.

• Kao
• Curél

The United States announced a ban on the use of red dye 3 (erythrosine), which is often added to food and beverages to give it a bright cherry red color.

• red dye 3

Ingevity Corporation is exploring strategic alternatives for the company’s Performance Chemicals Industrial Specialties line, including the potential divestiture of portions of its North Charleston facility.

• Ingevity

The STOCKMEIER Group announces the acquisition of a majority stake in the Spanish company Intercoat Specialties SL, marking an important strategic step in strengthening its specialty chemicals business.

• STOCKMEIER Group
• Intercoat Specialties SL

Toray Industries, Inc. has announced that it will commercialize a proprietary new multifunctional coating agent that combines antiviral, antibacterial, antifungal and antiallergic properties.

• Toray
• multifunctional coating agent

In light of recent developments, Canada's health authorities have decided to continue allowing the use of Red Dye No. 3 (also known as Erythrosine) in food products, despite the U.S. Food and Drug Administration (FDA) implementing a ban on this synthetic

On January 7, 2025, Puli Pharmaceutical (stock code: ST Puli, 300630.SH) resumed trading after a suspension due to regulatory issues, immediately experiencing a 20% drop over three consecutive trading days. This decline followed the company's announcement

On January 13, Zhengdan Co. released an impressive earnings forecast, predicting a net profit attributable to shareholders of between 1.1 billion and 1.3 billion yuan for 2024.

On Thursday, BP (British Petroleum) announced plans to reduce its global workforce by more than 5% as part of CEO Murray Auchincloss's strategy to cut costs and rebuild investor confidence. This move will affect approximately 4,700 employees and 3,000 con

In January 2025, the chemical industry is witnessing significant fluctuations, particularly in epoxy resin, sodium hydroxide, titanium dioxide, and bisphenol A markets. With high order volumes and tight supply chains, companies are adapting to the changin

On January 9, the European Commission announced its final ruling regarding the anti-dumping investigation into titanium dioxide from China, officially imposing anti-dumping duties on these products.

In a notable shift, Wall Street's largest banks have begun to return significant capital to shareholders, surpassing $100 billion in dividends and stock buybacks in 2024—the highest level since 2021. This increase reflects a more favorable outlook for the

Eucerin has launched the Radiant Tone collection of skin care products, a series of products designed to visibly reduce dark spots and improve skin radiance over time. The collection includes five daily use products.

• Eucerin
• Radiant Tone

The Ministry of Commerce of China issued a statement that China has decided to take temporary anti-dumping measures on imported polyformaldehyde copolymers originating from the United States, the European Union, Japan and Taiwan from January 24.

• polyformaldehyde copolymers

Sika has opened two state-of-the-art factories in Xi’an, China and Singapore. The new Singapore factory specializes in mortar production, while the Xi’an factory produces the full range of Sika products.

• Sika

Recently, the Lushui City People's Court publicly announced the verdict in a significant medical corruption case involving Chen and Miao. Chen was sentenced to four years in prison and fined 1.4 million yuan for multiple offenses, including utilizing infl