Market Flash
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Prices of Benzene and Styrene Plummet! EPS Industry Profit in September Only 288.63 CNY/Ton, Styrene Value Chain Faces Worsening Losses!
2024-11-01With the contradiction between the supply growth rate being too fast and the insufficient follow-up of downstream demand becoming increasingly prominent, the profit margins of benzene and its downstream industrial chain continue to be squeezed, leading to
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Drugs Approved for Sale in Bangladesh May Harm Patients, Raising Global Health Concerns!
2024-11-01More than a year ago, New Zealand customs officials began intercepting several batches of injections marked with the brands Fitaro and Orsema, produced by the little-known Bangladeshi pharmaceutical company Incepta Pharmaceuticals.
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Last Week's Food Safety Report: 12 Instances of Non-Compliance from Chinese Products, EU RASFF Issues Urgent Alert!
2024-11-01This week (October 28 to November 1), South Korea, Japan and a number of other countries and regions have issued food related policies and notifications. The following content will be detailed from two aspects of foreign import and export policies and mea
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HSE Announces Significant Increase in Pesticide Residue Limits, Raising Concerns Over Safety of British Agricultural Products!
2024-11-01The UK's Health and Safety Executive (HSE) recently made three important announcements about Maximum Residue Levels for certain pesticides in certain agricultural products. MRL) for revision.
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EU agency finds around 6% of cosmetics contain banned chemicals
2024-11-01A pilot enforcement project found that around 6% of cosmetics tested contained hazardous substances banned under European regulations, the European Chemicals Agency said in a statement on October 30.
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Hexcel Corporation plans to divest its Austrian operations
2024-11-01Hexcel Corporation intends to refocus its industrial business on preferred carbon fiber applications that are in line with its core competencies.
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OCSiAl opens plant in Serbia to increase graphene nanotube production
2024-11-01OCSiAl has opened its first European production plant in Serbia, the new facility is dedicated to the production of TUBALL™ nanotubes and nanotube-based products.
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Kemira to close Vancouver pulp and paper chemicals plant
2024-11-01Finnish chemicals company Kemira has announced plans to consolidate some of its pulp and paper chemicals production in North America, thereby closing a manufacturing plant in Vancouver, Canada.
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EU Decides Caffeine is No Longer Considered a Basic Substance!
2024-10-31According to the latest news published in the Official Journal of the European Union, on October 31, 2024, the European Commission officially published regulation (EU) 2024/2766.
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Pharmaceutical Giants Challenge the U.S.'s First Mandatory Drug Price Negotiation Law, Claiming $6 Billion!
2024-10-31Legal advisers for AstraZeneca, Bristol Myers Squibb and Johnson & Johnson filed a petition on Wednesday with the federal appeals court in Philadelphia to rehear a lawsuit The lawsuit challenges the first law in US history to force drug companies to negot
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SK Chemicals Launches New Copolyester Product with Up to 70% Recycled Material Content
2024-10-31South Korean resin manufacturer SK Chemicals (SKC, Seoul) has announced the launch of a new copolyester product called Ecotria Claro 300. This product is transparent, resistant to chemical corrosion, and is ideal for extrusion blow molding (EBM) processes
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EU Imposes Up to 35.3% Tariff on Chinese Electric Vehicles! Local European Manufacturers Under Huge Pressure
2024-10-31According to CCTV News, the European Commission announced on October 29 local time that it has concluded the anti-subsidy investigation into electric vehicles (BEV) imported from China and decided to impose final anti-subsidy duties for a period of five y
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Wood awarded Saudi Aramco engineering services contract
2024-10-31Wood, a leading global consulting and engineering company, has been awarded a major engineering services contract for Aramco’s Southern and Northern Regions Gas Increment Project in Saudi Arabia.
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Barracuda Technologies Launches First Modular Biorefinery Project in India
2024-10-31Barracuda Technologies Pvt. Ltd., a subsidiary of San Francisco-based Barracuda Technologies Inc., has successfully launched its first modular biorefinery project in India, marking a major milestone in sustainable and circular material production.
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LG Chem to Supply Thermally Conductive Adhesives in North America
2024-10-31LG Chem plans to expand its share of the global mobility market by supplying thermally conductive adhesives to North American automakers, and the company also said it intends to develop its automotive adhesives business into a multi-million dollar divisio
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EU Warns New Food Enzymes May Trigger Health Crisis, Intake Exceeds Limits by 333 Times!
2024-10-30On October 25, 2024, the European Food Safety Authority issues an opinion on the safety evaluation of a food enzyme containing four enzyme activities. It is known that this food enzyme contains four activities of endo-poly galacturonase, pectin esterase,
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Eli Lilly's Donanemab Leads to Patient Deaths in Key Phase 3 Trial
2024-10-30The Eli Lilly Company and its partners recently announced positive results from the Trailblazers -ALZ 6 study, a Phase 3b clinical trial evaluating donanemab in patients with early symptomatic Alzheimer's disease (AD).
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Controversy Erupts Over South Korea's New Drug Compensation Price Reform: 68 Drugs Face Refund Risks!
2024-10-30The Ministry of Health and Welfare (MHW) recently announced an implementation plan to improve the compensation price system for innovative new drugs, which aims to revise the current regulations on drug compensation and price setting. The proposal is curr
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GlaxoSmithKline Acquires CMG1A46 for $300 Million
2024-10-30In preclinical studies, CMG1A46 has shown rapid and profound B-cell depletion in both blood and tissue, which could lead to a more sustained patient response. The treatment is currently in phase I clinical trials in the United States and China for lymphom
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LG Chem's Third Quarter Operating Profit Plummets by 42.1%
2024-10-30On October 28, 2024, LG Chem announced its third-quarter earnings report. According to the report, sales for the quarter came in at a staggering 126,704 trillion won, while operating profit came in at 498.4 billion won. Sales and operating profit grew by
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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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