Market Flash
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SPIC and Rio Tinto take the lead in Mongolia to collaborate on improving electric vehicle battery technology
2024-11-08Global mining giant Rio Tinto has joined forces with China's State Power Investment Corporation (SPIC) to introduce ground-breaking battery replacement technology for electric dump trucks at the Oyu Tolgoi copper mine in Mongolia.
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UK Eases Restrictions on Pesticide Use!
2024-11-07Recently, the Health and Safety Executive (HSE) has issued an important announcement concerning the updated and adjusted regulation of two pesticide active substances - flusulfonon and amphenicone.
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Fructosyl Transferase May Harm Gut Health!
2024-11-07On 7 November 2024, Food Standards Australia and New Zealand (FSANZ) issued a circular No. 314-24. In this notice, a specific application number A1299 is referred to.
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Zealand Pharma Plans to Launch Phase 2b Trial for Obesity Treatment in 2024
2024-11-07Danish biotech company Zealand Pharma announced in a statement on Thursday that they expect to initiate a phase 2b clinical trial of petrelintide, its candidate for the treatment of obesity, in the fourth quarter of 2024.
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Lotte Chemical Reports Q3 Loss of 513.8 Billion KRW, Market Shocked!
2024-11-07Lotte Chemical Corp. said in a financial report released Thursday that it suffered significant financial difficulties in the third quarter, Posting a net loss of 513.8 billion won ($368 million).
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Comparison of Trump and Harris Policies: Chinese Companies Face Tariff Wars in the U.S., Trump's Approach More Aggressive, Harris Relatively Mild but Challenges Remain
2024-11-07In the field of international trade, both Trump, who represents the Republican Party, and Harris, who represents the Democratic Party, have shown a certain degree of consistency in their China policies.
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Trump's Election as the 47th President Triggers Political Earthquake: Unprecedented Concentration of Power and Social Division
2024-11-07Donald Trump was successfully elected the 47th President of the United States in the November 5 election, announced and accepted by Kamala Harris at Howard University in Washington, DC. Harris pledged to support a peaceful transfer of power and ensure a s
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Citroniq Chemicals to Build World’s Largest Decarbonized Plastics Plant in Nebraska
2024-11-07Citroniq Chemicals, a leader in biochemical manufacturing, has selected Falls City, Nebraska, as the site for its groundbreaking bio-based production mega-facility.
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Toray Advanced Composites Acquires Colorado Thermoplastics Manufacturer
2024-11-07Toray Advanced Composites has announced a strategic expansion of its continuous fiber reinforced thermoplastic composites business through the acquisition of the assets, technology and intellectual property of Gordon Plastics, Inc., based in Englewood.
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Trump Wins 2024 U.S. Election: What Are the Implications for the U.S.-China Trade War and Taiwan Strait Situation?
2024-11-06With the 2024 US presidential election over, Republican candidate Donald Trump has managed to secure at least 270 electoral votes to once again become the national leader of the United States.
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Ukrainian Grain Exports Surge by 68.7%! October Maritime Transportation Totals 5.28 Million Tons
2024-11-06In a statement on Tuesday, the Ukrainian Cereals Association (UGA) noted that Ukraine's exports of cereals and oilseeds by sea and river in October this year reached a staggering 5.28 million tons, an increase of 68.7 percent compared to the same period l
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Viking Weight Loss Drug Shocks Industry with 6.8% Weight Reduction in 28 Days
2024-11-06At Viking's ObesityWeek conference on Sunday, data from a study got a lot of attention. The early study, which included 92 participants, showed that those who took a 100 mg dose of Viking tablets lost an average of 6.8 percent of their body weight in just
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Innovent Biologics Faces Three Major Crises: Escalating Losses, Failed PD-1 Overseas, Unclear Path to Internationalization!
2024-11-06The investment in Fortvita, the market is highly concerned about the actions of innovative pharmaceutical companies, which is a supervisory force, which is also increasingly normal for innovative pharmaceutical companies.
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Spanish Chemical Industry Sales Increase by 4.8%, Production Up by 7.1%, but Faces €3 Billion Decarbonization Funding Gap
2024-11-06Recently, statistics released by the Spanish Federation of Chemical Companies (Feique) show that in 2024, Spanish chemical sales are expected to increase by 4.8% compared to 2023, reaching 86.5 billion euros, and production is expected to increase by 7.1%
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Robertet acquires Phasex to expand its extraction capabilities
2024-11-06The supplier of natural ingredients for flavors and fragrances has signed an agreement to acquire Phasex, a pioneer in supercritical CO2 extraction, headquartered in North Andover, Massachusetts, USA.
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Solvay licenses hydrogen peroxide process technology to North Huajin Chemical Industries for 300,000 tonnes of propylene oxide per year
2024-11-06Solvay has reached an agreement to license its advanced hydrogen peroxide technology to North Huajin Chemical Industries for use in its Panjin plant in Liaoning Province, China.
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Hallstar acquires Sytheon, expanding its active ingredient portfolio
2024-11-06Hallstar, a global specialty chemicals company, announced the acquisition of Sytheon, Ltd., whose active ingredients, including flagship products such as Sytenol® A, will form a new product line for Hallstar's Beauty Division.
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Concerns Raised Over Pesticide Residue Limits in Food, Strict Restrictions on Products Like Rice and Coffee!
2024-11-05The Brazilian National Health Surveillance Agency (ANVISA) officially issued Directive IN No333 on November 1, 2024 through the official Gazette. This directive mainly involves the development and revision of the maximum residue limits for pesticides such
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Health Canada Approves New Food Enzyme!
2024-11-05On October 30, 2024, Health Canada issued the official document M-FAA-24-13. In this document, the Ministry of Health proposed amendments to the current list of enzymes used in food.
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Evotec SE Shocking Sale: German Chemical Base Worth Hundreds of Millions Changes Hands
2024-11-05Evotec SE (EVO), a leading drug discovery and development company, today announced that Evotec DS GmbH, its chemical active drug manufacturing site in Halle/Westphalia, Germany, has been successfully sold to Monacum Partners GmbH, a private equity firm ba
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Life Sciences Industry Overview
The coverage spans the global life sciences industry across pharmaceuticals and food & nutrition, tracking the shift from lowest-cost sourcing to supply continuity, quality, and risk management, along with product trends and the growing edge of differentiated, globally capable players.Published in: June.2026
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