Market Flash

Greenchemicals officially welcomes Polichem Srl to its family, marking an important milestone on its path to innovation and sustainability.

• Greenchemicals
• Polichem

The Spanish fashion group Sociedad Textil Lonia (STL) announced on January 7 that it has reached an agreement to acquire the French brand Christian Lacroix, hoping to restore the once-powerful brand to its former glory.

• STL
• Sociedad Textil Lonia
• Christian Lacroix

Cloverdale Paint has announced a partnership with Celanese Corporation, a global specialty materials and chemicals company, which will leverage its Carbon Capture and Utilization (CCU) technology to deliver new market sustainable coatings solutions.

• Cloverdale Paint
• Celanese

Avient Corporation, an innovator in materials solutions, has announced that production of its Nymax REC recycled nylon formulations will expand to Istanbul, Turkey.

• Avient
• Nymax REC

Tru Fragrance & Beauty has announced that it has acquired a majority stake in Lake & Skye. Financial terms of the deal were not disclosed, but the fragrance brand is expected to generate $25 million in sales in 2025.

• Tru Fragrance & Beauty
• Lake & Skye

Flowers Foods, a well-known manufacturer of bread and sweets, announced the acquisition of health snack manufacturer Simple Mills for $795 million. This acquisition aims to enhance Flowers Foods' growth potential and diversify its product portfolio by int

The U.S. Food and Drug Administration (FDA) has granted Johnson & Johnson fast track designation for its developing Tau monoclonal antibody Posdinemab for the treatment of early Alzheimer's disease (AD) patients. This decision was announced on January 8.

North New Building Materials announced on January 9, 2025, that company shareholder and Vice Chairman Jia Tongchun and his concerted parties have completed their share reduction plan, totaling 3.5 million shares. Mr. Jia personally reduced 3.3433 million

Elementis recently issued an official announcement stating that it will adjust the prices of its Performance Specialties products effective January 15, 2025.

According to analysis by restructuring consultancy Falkensteg, Germany is expected to face a wave of severe bankruptcies in 2025, with the number of business closures likely to increase by 25% to 30% compared to 2024, reaching the highest level since the

UPM Raflatac has announced a new partnership with Highlands to boost sales of UPM Raflatac’s office products in the UK. Highlands will support the growth objectives of the notepad business under UPM Raflatac’s inFO Notes and UPM Notes brands.

• UPM Raflatac
• Highlands

Global specialty chemicals innovator Perstorp, a wholly owned subsidiary of Malaysia’s Petronas Chemical Group Berhad (PCG), will serve the growing specialty fluids market from its new plant in Amsterdam.

• Perstorp

Viridis Chemical has announced the relocation of its renewable chemicals plant from Columbus, Nebraska to Peoria, Illinois.

• Viridis Chemical
• Ethyl acetate

Borosil Renewables Limited, India’s largest and oldest solar glass manufacturer, has announced a 50% expansion of its solar glass production capacity, re-emphasizing its commitment to Atmanirbhar Bharat.

• Borosil Renewables Limited
• solar glass

Analysts point out that the record rise in coffee prices shows no signs of slowing down. Some experts warn that as one of the most traded commodities globally, it may take years for coffee prices to recover. The price of coffee for March delivery reached

On Wednesday, January 8, the Singapore Parliament officially passed a bill aimed at updating the food safety system. This bill stipulates that operators whose licenses are revoked due to food safety violations will face a ban on license eligibility for up

Puli Pharmaceuticals announced on January 5, 2025, that it is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws. The company received an "Administrative Penalty Notice" from th

Sanofi announced on January 9 that its CD38 monoclonal antibody isatuximab injection has been approved for sale in China. This medication will be used in combination with pomalidomide and dexamethasone to treat adult patients with multiple myeloma (MM) wh

The Ministry of Finance recently issued a notice aimed at further strengthening support for equipment upgrades and technological transformations. According to this notice, eligible equipment upgrade loans that are issued after March 7, 2024,

In Pakistan, Finance Minister Muhammad Aurangzeb presided over a meeting of the Cabinet Economic Coordination Committee (ECC), which officially approved an immediate ban on the use of ozone-depleting insulation and foaming materials. These materials are p