Market Flash

Solvay has announced the official start-up of the second biomass boiler at its soda ash and bicarbonate plant in Rheinberg, Germany, phasing out the plant’s use of thermal coal as an energy source.

• Solvay

According to the notification of Week 47 of 2024 published on the official website of the EU, the EU Rapid Alert System for Food and Feed category (RASFF) notified four cases of food and related products from China. Details of the notification are as foll

Recently, the relevant agencies of the South Korean Gyeongin Administration and the Busan Administration conducted a detailed inspection of many products in the market and found that many products were out of standard, involving kitchen utensils, food, ag

US President-elect Donald Trump has named veteran Wall Street figure Scott Bessent as his Treasury secretary, a decision that sent the dollar and US Treasury yields significantly lower amid expectations that he will moderate Trump's policy proposals.

Recently, the US Department of Commerce announced that it has made preliminary anti-dumping rulings on epoxy resins imported from China, India, South Korea, Thailand and Taiwan.

A Georgia recycling facility operator sued a battery manufacturer for mishandling lithium-ion batteries that led to a fire at a recycling facility, resulting in a $31 million judgment. Metro Site Fabricators filed a lawsuit against SK Battery America for

Shell plans to sell its Singapore plant and other related assets to Indonesia's Chandra Asri and Glencore Group, with the deal expected to close in the first quarter of 2025, a Shell spokesperson announced.

Recently, Sumitomo Chemical Corporation announced that thanks to sales revenue growth of about 5%, the first half of the fiscal year 2024-2025 ended September 2024, the company recorded a net loss of 6.5 billion yen, compared with the net loss of 76.3 bil

DHL Express and global energy giant Shell have signed a partnership agreement to jointly promote sustainable air freight at Brussels Airport. The one-year agreement involves the transport by pipeline of 25,000 tonnes of sustainable aviation fuel certified

Shepherd Color Company announces the continuation of a more than $40 million facility upgrade project in Cincinnati, Ohio.

• Shepherd Color

Gattefossé, a French supplier of natural pharmaceutical excipients and cosmetic ingredients to the global health and beauty industry, is continuing to invest in India, which the group sees as a key market for its expansion.

• Gattefossé

Hyosung Chemical Co. has failed to reach an agreement with a consortium of IMM Private Equity and STIC Investments Inc. to sell its specialty gas unit for 1.3 trillion won ($931 million).

• Hyosung

Lygos, Inc. has partnered with Acme-Hardesty to provide Lygos’ Soltellus line of biodegradable, water-soluble polymers to the personal care and home care markets.

• Lygos
• Acme-Hardesty

Honeywell has agreed to sell its Personal Protective Equipment (PPE) business to Protective Industrial Products (PIP), a portfolio company of Odyssey Investment Partners, in an all-cash transaction valued at $1.325 billion.

• Honeywell

Elkem has announced its financial results for the third quarter of 2024. The report shows that Elkem's EBITDA (earnings before interest, tax, depreciation and amortization) in the quarter reached 1.235 billion Norwegian kroner (about 802 million yuan), th

Recently, the price of raw sulfur has continued to rise significantly, and both imported and domestic products have shown a remarkable growth trend. Up to now, the price of sulfur at the Yangtze River port has risen by 260 yuan/ton from the beginning of t

The European Council for the Industry of Paints, Printing Inks and Artists' Pigments (CEPE) has issued an urgent appeal to its member states, urging them to oppose the European Commission's proposal to impose anti-dumping duties on imports of titanium dio

Reportedly, Vice & Virtue’s first-ever ‘Endocrine-Sensitive’ skincare products work in synergy for radiant skin, reflecting the brand’s promise of ‘bioharmony’, an approach that sees each product work in synergy with the skin’s natural microbiome.

• Vice & Virtue

On November 7, 2024, researchers from Osaka University published a research paper entitled "Transplantation using Induced pluripotent stem cell-derived corneal epithelial cell tablets: a single-arm, open-label, first-in-human intervention study in Japan"

On November 18, 2024, Wantai Bio-issued an official announcement announcing that the clinical trial of its nine-valent HPV vaccine for the indication of the male population has been approved by the State Drug Administration.