Market Flash

Gemini Industries, Inc., an employee-owned manufacturer of wood coatings solutions, has acquired Diamond Vogel’s Industrial Wood business unit.

• Gemini Industries
• Wood Coatings
• Diamond Vogel

A significant legislative move is underway in Illinois as a bill aimed at banning specific food additives has progressed to the full Senate for consideration.

Merck announced a suspension of its HPV cervical cancer vaccine supply to the Chinese market, a halt that will last at least until mid-2025.

Sherwin-Williams announced its financial performance for 2024, achieving a net sales figure of $23.0985 billion, reflecting a modest 0.2% year-on-year increase.

The European Union has recently initiated an anti-dumping investigation concerning the import of epoxy resins from China, South Korea, Taiwan, and Thailand.

Pilot Chemical Company has announced plans to significantly expand production of high-quality anionic surfactants in North America at its Middletown, Ohio, manufacturing site.

• Pilot Chemical Company
• anionic surfactants

Hubergroup announces the launch of the DYNAMICA ink range. This new color-intensive, fast-curing ink range is environmentally friendly, cobalt-free and mineral oil-free and formulated for commercial printing.

• Hubergroup

On February 4, the Tariff Commission of the State Council announced that, with government approval, new tariffs will be imposed on select imports from the United States starting February 10, 2025.

According to data released by the National Bureau of Statistics on January 27, China’s industrial enterprises above designated size reported a total profit of 74,310.5 billion CNY in 2024, reflecting a 3.3% decline from the previous year.

Last week, Robert F. Kennedy Jr. appeared before the Senate Finance Committee and the Health, Education, Labor and Pensions (HELP) Committee for his confirmation hearings as the nominee for Secretary of the U.S. Department of Health and Human Services (HH

On January 25, Eastern Shenghong revealed its earnings forecast for 2024, anticipating a substantial loss for the year. The company estimates a total loss attributable to shareholders of between 2 billion and 2.4 billion CNY, a stark contrast to the prof

On January 24, CR Pharmaceutical shocked the capital markets with its 2024 earnings forecast, predicting a staggering net loss attributable to shareholders of between 1.18 billion and 1.38 billion CNY.

Synthomer, a leading global supplier of high-performance specialty chemicals, held a grand opening ceremony for its newly completed China Innovation Center at the Shanghai International Chemical New Materials Innovation Center.

• Synthomer
• Shanghai
• specialty chemicals

Toray Industries, Ltd. announced plans to establish a new production base in Guangdong Province, China, to produce high-performance resin compounds.

• Toray
• China
• Resin production base

Stahl, a global leader in specialty coatings for flexible materials, is proud to announce its joining CEFLEX, a European collaboration to make all flexible packaging fully circular and PPWR-compliant.

• Stahl
• CEFLEX

A senior executive of the U.S. consumer goods maker Procter & Gamble said on the 22nd that if Trump imposes new tariffs that increase import costs, Procter & Gamble will again consider raising prices on household staples such as Tide detergent.

• P&G
• Tariffs

American Exchange Group has announced that it has acquired Urban Skin Rx. Financial terms of the transaction were not disclosed.

• American Exchange Group
• Urban Skin Rx

On January 23, HengRui Pharma announced that the application for the marketing authorization of Shudi Insulin Injection (INS068) has been accepted by the National Medical Products Administration. This product marks the first self-developed long-acting ins

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