Market Flash

Japan's Sekisui Chemical Co., Ltd. (4204.T) announced on December 25 its plan to begin mass production of next-generation perovskite solar cells (PSCs) in 2027.

Recently, the draft of the Hazardous Chemicals Safety Law was submitted to the 13th meeting of the Standing Committee of the 14th National People's Congress for review.

MAIRE announces that NEXTCHEM (Sustainable Technology Solutions), through its subsidiary Stamicarbon (a leading licensor of nitrogen fertilizer technologies), has won new contracts related to its proprietary NX STAMI urea technology in Canada.

• MAIRE
• NEXTCHEM

The U.S. Department of Energy’s Bioenergy Technologies Office announced their intent to award funding to support high-impact R&D projects in two priority areas: Sustainable Propane and Renewable Chemicals and Algae Systems Cultivation and Pretreatment.

• BETO
• renewable chemicals
• Algae R&D

Inspired by professionals and consumers, backed by science, internal research and Fiabila’s unconditional commitment to safety for all, the French supplier’s new UV Gel concept has won a 100% satisfaction rate among consumers.

• Fiabila

On December 20, 2024, the European Food Safety Authority (EFSA) published document number 2024.9176, proposing a revision of the maximum residue limit (MRL) for dimethomorph in agricultural products. Specifically, the agency recommends adjusting the maxim

On December 24, 2024, Japan's Consumer Affairs Agency announced a public consultation on the partial revision of the Food Labeling Standards, with feedback due by January 28, 2025. The main contents of the revision include:

Recently, the environmental impact assessment information for the 10,000-ton xanthan gum project by Inner Mongolia Military Creation United Biological Technology Co., Ltd. has been publicly announced on relevant websites. The project is located in the Agr

On December 25, 2024, Eli Lilly’s glucose-dependent insulinotropic polypeptide (GIP)/glucagon-like peptide-1 (GLP-1) receptor agonist Tirzepatide (brand name: Mounjaro) was officially commercialized in the Chinese market. According to reports, several e-c

In 2024, the global economy exhibits a distinct polarization, with “U.S. Exceptionalism” becoming the dominant topic in foreign exchange markets. Despite facing high prices and tightening monetary policies, the U.S. economy continues to perform strongly,

What profound impacts do you think the increasing number of countries joining the BRICS organization will have on the global economy and politics? Feel free to discuss!

The American Chemistry Council (ACC) recently released a report predicting that US chemical production will decline by 0.4% in 2024, but will see a moderate recovery in 2025, with an expected growth of 1.9%.

LVMH Recherche, the R&D arm of LVMH Beauty, has entered into a multi-year strategic partnership with Integrated Biosciences, a biotech innovator specializing in artificial intelligence (AI) and synthetic biology.

• LVMH Recherche

SK Nexilis, the world's largest copper foil manufacturer, said on December 23 that it received a $133 million subsidy from the Polish government under the EU's Temporary Crisis and Transition Framework (TCTF) program.

• SK Nexilis

Japanese chemical company Toagosei announced that it will establish a local legal entity "Toagosei India" in Ahmedabad, Gujarat, India. The company will invest 250 million yen to establish the legal person.

• Toagosei

MIRAILAB BIOSCIENCE Inc., headquartered in Chuo-ku, Tokyo, has commissioned Global Ocean Distribution Pte Ltd to sell its original supplement brand "MIRAI LAB" containing β-nicotinamide mononucleotide (β-NMN).

• MIRAILAB BIOSCIENCE
• β-NMN
• MIRAI LAB

TOPPAN Holdings has entered into an agreement with Sonoco Products Company, a global leader in high-value sustainable packaging, to acquire Sonoco's thermoforming and flexible packaging (TFP) business for approximately $1.8 billion.

• TOPPAN Holdings
• Sonoco

At the same time, the supply of raw milk has shown significant growth, from 6.8 million liters in 2020 to an estimated 29.1 million liters by 2024.

Beixin Carpoly recently won the bid for China Railway Construction Corporation Limited (CRCC)'s 2025 material procurement framework agreements for secondary and tertiary materials in the North China, Northeast, and East China regions, marking a new stage

Recommendations: Trade stakeholders should apply for required certificates well in advance of shipment and fully understand Saudi Arabia’s certification requirements and procedures to ensure smooth customs clearance.