Market Flash

Researchers interested in finding partners in the UK or South Korea are invited to submit expressions of interest before the program launches in January 2025.

According to Reuters, eight sources have revealed that the world’s top hedge funds are actively recruiting medical professionals, including doctors, scientists, and analysts, to provide in-depth expert analysis on the future trends of pharmaceutical stock

In recent years, the global automotive market has encountered growth bottlenecks and increasing competition, becoming an intensely competitive sector.

On November 27, 2024, SolarEdge Technologies, a global leader in smart energy technology, officially announced its decision to terminate all business activities in its energy storage division due to poor company performance.

The U.S. Department of Commerce's Bureau of Industry and Security (BIS) announced that it will issue a ban on High Bandwidth Memory (HBM), covering models HBM2E, HBM3, and HBM3E, which will take effect on January 2, 2025.

The Chinese phosphate rock market has recently been affected by the export ban on phosphate fertilizers, impacting both price and supply.

FSN E-Commerce Ventures Limited, the parent company of beauty and fashion retailer Nykaa, has completed the acquisition of a majority stake in clean beauty and personal care brand Earth Rhythm.

• Nykaa
• Earth Rhythm
• FSN E-Commerce Ventures Limited

According to an official announcement from the EU, on December 2, 2024, the European Commission issued Regulation (EU) 2024/2964, approving polymeric betaine as an active ingredient for biocides in product category 8.

South Korean petrochemical major Lotte Chemical has begun shutting down its ethylene glycol (EG) and methyl methacrylate (MMA) production facilities at its Yeosu Plant 2.

• Lotte chemical

Arkema has completed the acquisition of Dow’s Flexible Packaging Laminating Adhesives business, one of the world’s leading producers of flexible packaging adhesives.

• Arkema
• Dow

The Ministry of Economy and Finance announced a flexible tariff operation plan for 2025, which includes maintaining zero tariffs on crude oil used to produce naphtha throughout next year.

• Naphtha
• South Korea

Hovione, headquartered in Lisbon, Portugal, has completed a major expansion in Europe and the US.

• Hovione

On November 27, 2024, the European Food Safety Authority (EFSA) announced that its Nutritional, Novel Foods, and Food Allergens (NDA) panel has published a scientific opinion on the safety of tiger nut oil (Cyperus esculentus oil) as a novel food.

As of the week ending November 29, 2024, global oilseed prices have been fluctuating, with Chicago soybean futures rebounding from recent lows, primarily due to record-high soybean export sales from the U.S. and continued purchases by China.

On November 28, 2024, the European Food Safety Authority (EFSA) released its annual summary report on Transmissible Spongiform Encephalopathies (TSE) for 2023.

Recently, at the 2024 China Coatings Industry Information Annual Conference and the 12th China Coatings Technology Innovation Summit Forum, Liu Jie, Secretary-General of the China Coatings Industry Association (CCIA), released an analysis report on the de

In recent years, the global automotive market has faced growth bottlenecks, becoming a highly competitive "red ocean" market. In this context, the rise of new energy and intelligent technologies is leading industry transformation.

Sparc Technologies claims improved anti-corrosion properties from solvent-based coatings with added graphene to more environmentally friendly water-based alternatives.

• Sparc Technologies

On November 27, 2024, Jaguar Land Rover, in collaboration with Dow and Adient, announced a technological breakthrough in recycling used polyurethane seat foam, marking its first application in the production of new seats. Preliminary tests show that mater

EU member states have approved the imposition of final anti-dumping duties on titanium dioxide imported from China. About 15 countries supported the move, while 8 opposed it and 4 abstained.