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Solvay licenses hydrogen peroxide process technology to North Huajin Chemical Industries for 300,000 tonnes of propylene oxide per year

Solvay licenses hydrogen peroxide process technology to North Huajin Chemical Industries for 300,000 tonnes of propylene oxide per year

2024-11-06

Solvay 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.

Hallstar acquires Sytheon, expanding its active ingredient portfolio

Hallstar acquires Sytheon, expanding its active ingredient portfolio

2024-11-06

Hallstar, 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.

Concerns Raised Over Pesticide Residue Limits in Food, Strict Restrictions on Products Like Rice and Coffee!

Concerns Raised Over Pesticide Residue Limits in Food, Strict Restrictions on Products Like Rice and Coffee!

2024-11-05

The 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

Health Canada Approves New Food Enzyme!

Health Canada Approves New Food Enzyme!

2024-11-05

On 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.

Evotec SE Shocking Sale: German Chemical Base Worth Hundreds of Millions Changes Hands

Evotec SE Shocking Sale: German Chemical Base Worth Hundreds of Millions Changes Hands

2024-11-05

Evotec 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

Domestic LNG Prices Plummet! Average Price in October Drops 7.34%, Market Supply Surplus, Inventory Pressure Surge!

Domestic LNG Prices Plummet! Average Price in October Drops 7.34%, Market Supply Surplus, Inventory Pressure Surge!

2024-11-05

Since the end of this year's heating season, the domestic liquefied natural gas (LNG) market price reached its highest for the year in early September at $5,323 per ton, $759 higher than the current average price.

 Zhaoke Ophthalmology Achieves Breakthrough Progress, Potential Market Value Up to 120 Billion RMB!

Zhaoke Ophthalmology Achieves Breakthrough Progress, Potential Market Value Up to 120 Billion RMB!

2024-11-05

Recently, Zhaoke Ophthalmology Company announced an exciting news that the company's eye drug candidate NVK002 has achieved impressive positive results in the Phase III clinical trial (China CHAMP).

FDA Reveals Quality Issues at Danish Factory, Novo Nordisk Shares Plunge Nearly 1.1%

FDA Reveals Quality Issues at Danish Factory, Novo Nordisk Shares Plunge Nearly 1.1%

2024-11-05

On Tuesday, October 29, Eastern time, Bloomberg published an interesting story. According to an inspection report released by the U.S. Food and Drug Administration (FDA) in March this year, the FDA conducted a detailed investigation of the Novo Nordisk pl

TGI Fridays Faces Closure Crisis Amid Rising Costs and Changing Consumer Habits After 60 Years of Operation

TGI Fridays Faces Closure Crisis Amid Rising Costs and Changing Consumer Habits After 60 Years of Operation

2024-11-04

According to the Washington Post on Wednesday, TGI Fridays, a popular casual dining chain in the United States, filed for bankruptcy protection on Tuesday (local time).

EU Warns of Safety Concerns Regarding Lemon Yellow as a Feed Additive in Freshwater Fish Bait

EU Warns of Safety Concerns Regarding Lemon Yellow as a Feed Additive in Freshwater Fish Bait

2024-11-04

On December 30, 2024, according to the latest news from the European Food Safety Authority (EFSA), at the request of the European Commission, the EU Animal Feed Additives and Products (FEEDAP) Study Group conducted an in-depth scientific assessment of the

Kennedy and Trump Join Forces: Unveiling the Astonishing Inside Story of the

Kennedy and Trump Join Forces: Unveiling the Astonishing Inside Story of the "Make America Healthy Again" Super Political Action Committee!

2024-11-04

Donald Trump's endorsement of Robert F. Kennedy Jr. and his fringe health theory has drawn much attention in Washington and beyond, with powerful agricultural interests scrambling to protect their industry from the potential impact of Kennedy's theory.

Volkswagen Group Operating Profit Plummets 42% as German Economy Slides into Recession, Scholz Government Faces Intense Pressure

Volkswagen Group Operating Profit Plummets 42% as German Economy Slides into Recession, Scholz Government Faces Intense Pressure

2024-11-04

According to the third quarter financial results released by the German Volkswagen Group on October 30, the group's operating profit fell by 42% from the same period last year to 2.86 billion euros, hitting a three-year low.

Year-to-Date Returns Exceed 30%! Gold ETFs Soar, Experts Warn: Gold Prices May Face Correction Risks

Year-to-Date Returns Exceed 30%! Gold ETFs Soar, Experts Warn: Gold Prices May Face Correction Risks

2024-11-04

This week, the international gold price continued to rise to a new record, once exceeding $2,800 / ounce. Since the beginning of the year, gold has gained more than 32% and hit record highs more than 30 times.

Grace Announces Startup of Nayara Energy’s 450,000 tonnes/year Polypropylene Plant

Grace Announces Startup of Nayara Energy’s 450,000 tonnes/year Polypropylene Plant

2024-11-04

WR Grace & Co. announces that Nayara Energy Limited has successfully started up its new 450 kilotonnes/year (KTA) UNIPOL PP process technology plant in Vadinar, Gujarat, India.

Yoshitsu and Saynoday Sign Five-Year Strategic Cooperation Agreement

Yoshitsu and Saynoday Sign Five-Year Strategic Cooperation Agreement

2024-11-04

Yoshitsu announced a five-year strategic cooperation agreement with Saynoday, which reflects the high level of mutual trust and confidence of both parties in exploring growth opportunities in the beauty and daily necessities sectors in Asia.

RPM Acquires TMP Convert

RPM Acquires TMP Convert

2024-11-04

RPM International Inc. announced the acquisition of TMP Convert SAS (TMPC) as part of its Fibergrate Structures (Fibergrate) business, which is part of RPM’s Performance Coatings Group.

Chemical Manufacturers Association Releases Report Revealing

Chemical Manufacturers Association Releases Report Revealing "Staggering" Challenges in Implementing Circular Economy!

2024-11-01

The Association of International Chemical Manufacturers (AICM) recently released its 2024 annual sustainability report in Chengdu, Sichuan Province, aiming to advocate for the concept of green growth.

Prices of Benzene and Styrene Plummet! EPS Industry Profit in September Only 288.63 CNY/Ton, Styrene Value Chain Faces Worsening Losses!

Prices of Benzene and Styrene Plummet! EPS Industry Profit in September Only 288.63 CNY/Ton, Styrene Value Chain Faces Worsening Losses!

2024-11-01

With 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

Drugs Approved for Sale in Bangladesh May Harm Patients, Raising Global Health Concerns!

Drugs Approved for Sale in Bangladesh May Harm Patients, Raising Global Health Concerns!

2024-11-01

More 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.

Last Week's Food Safety Report: 12 Instances of Non-Compliance from Chinese Products, EU RASFF Issues Urgent Alert!

Last Week's Food Safety Report: 12 Instances of Non-Compliance from Chinese Products, EU RASFF Issues Urgent Alert!

2024-11-01

This 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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