Market Flash

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.

The Bureau of Indian Standards (BIS) has established mandatory certification for polyurethane (PU) products under the Polyurethane Quality Control Order. Manufacturers are required to ensure that their products comply with IS 17397 (Part 1):2020 or ISO 16

Earlier, on November 2, 2024, Donglai announced a Strategic Investment Framework Agreement with Sanjiao Town to promote its development in South China. The project involves building a headquarters, R&D center, production facilities, and warehouses on appr

In August 2024, BMS terminated its partnership with Agenus for TIGIT/CD96 dual antibodies, leading to a $200 million loss. Similarly, collaborations such as the $3 billion investment with Immatics have also been terminated. These actions reflect Boerner's

In today’s market, companies must first secure market share and then focus on reducing overall costs through optimized production processes and lower operating expenses. Some argue that by maintaining a robust product line and using generic drugs to offse

Automotive Color & Supply (ACS), a portfolio company of WILsquare Capital and an automotive and industrial coatings and supply distributor headquartered in Fort Wayne, Indiana, has acquired Paint Works. Terms of the transaction were not disclosed.

• Automotive Color & Supply
• Paint Works

GMM Pfaudler Limited, through its German subsidiary Pfaudler GmbH, has signed an investment and shareholders agreement on December 20, 2024, to acquire 51% of the shares of a Polish limited liability company.

• GMM Pfaudler Limited
• Pfaudler

Sumitomo Chemical has decided to transfer its LCD polarizing film business in China to Sunnypol Optoelectronic Technology.

• Sumitomo chemical
• Sunnypol

Chlorum Solutions USA, a subsidiary of the Brazilian Chlorum Solutions Group, has partnered with Thyssenkrupp Nucera to develop its first US chlor-alkali plant in Casa Grande, Arizona.

• Chlorum Solutions USA
• Thyssenkrupp Nucera

CagriSema is a combination drug composed of semaglutide and a long-acting amylin analog, cagrilintide. Given Novo Nordisk's success with semaglutide in diabetes and weight loss, CagriSema was highly anticipated as the next-generation product.

According to the CDE website on December 25, Boehringer Ingelheim’s (BI) oral HER2 inhibitor Zongertinib tablets (BI 1810631) have been proposed for inclusion in the priority review process. The drug is intended for treating unresectable or metastatic HER

In recent months, China, Japan, and the UK have collectively reduced their holdings of U.S. Treasury bonds. U.S. national debt has grown rapidly, surging from $34 trillion to $36 trillion in just one year. In 2023, the debt increased by $2 trillion within

On December 24, LB Group’s subsidiary Orient Zirconium Industry announced the transfer of its 79.28% stake in Mingrui Zirconium Industry to LB Group’s wholly-owned subsidiary, Baililian Hong Kong. The transaction, valued at RMB 100 million, has been compl

On December 21, the 13th meeting of the Standing Committee of the 14th National People's Congress was held. During the session, the Draft Hazardous Chemicals Safety Law (hereinafter referred to as the Draft) was reviewed.

Kose announced the acquisition of an 80% stake in Thai fragrance brand PanPuri. Under the terms of the transaction, Puri is expected to become a consolidated subsidiary of Kose from December 30, 2025.

• Kose
• PanPuri

Japanese industrial giant Sumitomo Chemical announced its decision to sell its 2.97% stake in Japan Amazon Aluminum Co., Ltd. (NAAC) to YKK AP Inc. for an undisclosed amount.

• Sumitomo chemical

As a major step in expanding its product portfolio, Clean Fino-Chem Limited (CFCL), a subsidiary of Clean Science and Technology Limited, has commenced commercial production of Butylated Hydroxytoluene (BHT).

• Clean Fino-Chem
• Butylated Hydroxytoluene

Rodda Paint Company, in partnership with the Cloverdale Group of Surrey, British Columbia, Canada, announces the acquisition of Miller Paint Company, an ESOP (employee owned company) with deep roots in the Pacific Northwest since 1890.

• Rodda Paint Company
• Cloverdale
• Miller Paint Company

According to Vietnamese media reports, Nguyen Thi Thanh Thuy, Director of the Department of Science and Technology and Environment, stated at the "Coconut Product Sales Matching" forum that Vietnamese coconuts are gradually transforming into high-value ex

Crude oil prices experienced a slight decline amid thin trading before the holiday, primarily influenced by a strong dollar and the resumption of supply through Russia's key Druzhba oil pipeline. As the U.S. government avoided a shutdown crisis, the stren