Market Flash
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October PVC Prices Rise Then Fall; Calcium Carbide Producers Face Increasing Losses, Ethylene Producers Narrow Losses
2024-10-30In October, the price of polyvinyl chloride (PVC) experienced fluctuations of first rising and then falling. The center of gravity in prices has moved higher compared to September, but the move has not been uniform. Specifically, the cost of the two main
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EU Food Safety Authority Identifies Safety Risks of Argon and Helium as Food Additives
2024-10-30On October 28, 2024, an update from the European Union Food Safety Authority (EFSA) revealed that the EU Group on Food Additives and Flavorries (FAF) has completed a re-assessment of the safety of argon (E 938) and helium (E 939) as food additives. This n
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Econic and Chimcomplex partner to produce CO₂-based polyols in Europe
2024-10-30Econic Technologies and Chimcomplex have signed a memorandum of understanding to collaborate on exploring the production of CO₂-based polyols to improve the sustainability and performance of materials across industries.
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Global Potassium Benzoate Shortage Leads to Higher Preservative Costs!
2024-10-30The global potassium benzoate market is experiencing unprecedented volatility as a complex array of challenges continue to drive up costs across the supply chain.
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Australia New Zealand Food Standards Agency Issues Amendment 233: Ten Major Food Standard Revisions Cause Market Shock!
2024-10-29On 29 October 2024, Food Standards Australia and New Zealand (FSANZ) officially published the Official Gazette on the amendments to the ANZ Food Standards Code No. 233. The amendment mainly involves the standard revision in the following aspects:
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Straumann's Financial Report Reveals: Asia-Pacific Market Grows by 19.7%, while North American Market Grows Only by 2%!
2024-10-29Straumann (STMN.S), one of Switzerland's leading dental implant makers, reported impressive results on Tuesday. The report shows that the company delivered significant organic revenue growth in the third quarter, with double-digit growth rates, as more pe
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Shionogi’s COVID-19 Oral Medication Shows Significant Efficacy, but Faces a Crisis with 2 Million Treatment Courses Being Destroyed!
2024-10-29Shionogi & Co., one of Japan's leading drugmakers, said in a statement Tuesday that the results of an ongoing late-stage global clinical trial showed that its oral pill treatment for COVID-19 was significantly effective in reducing the spread of the virus
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National Industrial Enterprises' Total Profit Decreases by 3.5%! The Chemical Raw Materials Industry Plummets by 4%, with State-Owned Enterprises' Profits Shrinking by 6.5%
2024-10-29On October 27th, the National Bureau of Statistics released the latest economic data. According to these figures, we can learn that in the first nine months of this year, namely from January to September, the total profits made by the larger industrial en
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IGS Acquires Liquidmetal Industrial Solutions’ Coatings and Materials Business
2024-10-29IGS has acquired the engineered coatings and materials business of Liquidmetal Industrial Solutions, strengthening its global leadership in asset integrity and environmental efficiency technologies.
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Only 10% of Vietnam's Pharmaceutical Companies Meet International Standards, with Imexpharm Leading the Pack
2024-10-28Through the implementation of the high-tech drug production strategy, Vietnamese companies are committed to ensuring a stable drug supply in the domestic market and actively preparing for integration into the global supply chain system.
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$100 Million! Sunlit Fluo Establishes Factory in the U.S., Causing a Shockwave in the Semiconductor Industry with 50 Jobs on the Horizon
2024-10-28Sunlit Fluo & chemical Co. Ltd., a Taiwan-based supplier of semiconductor chemicals. Today, they announced the official opening of their first manufacturing facility outside of Asia, Sunlit Arizona, LLC. Located in Phoenix, Arizona, the $100 million facil
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China's Steel and Oil Industries Face Losses Exceeding $9.5 Billion! Traditional Economy on the Brink of Collapse
2024-10-28Between January and September this year, China's steel industry accumulated losses of a staggering $5 billion. At the same time, the oil industry's losses also widened, reaching $4.5 billion. The figures reflect the pressure on China's traditional commodi
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Invista to Resume Production of Key Chemicals at U.S. Plant, Causing Market Ripples
2024-10-28On October 23, 2024, Invista announced an important decision to continue production of hexanediamine (HMD) at its facility in Orange, Texas, USA. The decision marks a major shift in Invista's business strategy.
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India Imposes Anti-Dumping Duty of Up to $217/Ton on Chinese Isopropanol!
2024-10-28On October 22, 2024, the Revenue Bureau of the Ministry of Finance issued Circular No. 22/2024-Customs(ADD). The circular details the final ruling of the anti-dumping investigation against Isopropyl Alcohol products from China by the Ministry of Commerce
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McDonald's U.S.: Beef Patties Not the Source of E. coli Contamination
2024-10-28However, in an effort to ensure food safety, burgers that resume sales will no longer contain raw onion slices that are currently believed to be the source of the contamination.
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Shell to acquire US combined cycle power plant
2024-10-28Shell Energy North America (SENA), a subsidiary of Shell plc (Shell), has signed an agreement to acquire 100% of RISEC Holdings (RISEC), which owns a 609 megawatt (MW) twin-unit combined cycle gas turbine power plant in Rhode Island, USA.
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Schwan Cosmetics expands makeup portfolio with new hybrid products
2024-10-28The German makeup manufacturer is adding lip gloss and eyebrow-boosting gel to its makeup portfolio.
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Mitsui Chemicals Completes Expansion; MDI Demand Expected to Grow by 6% Annually
2024-10-25On October 23, Mitsui Chemical Co., LTD., a well-known Japanese chemical company, officially made an important announcement. The expansion project of a diphenylmethane diisocyanate (MDI) production plant of its subsidiary Kumho Mitsui Chemical Co., Ltd. w
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Econic Technologies and Chimcomplex Join Forces to Convert 30% of CO2 into Polyols, Signaling Major Changes for European Manufacturing!
2024-10-25On October 22, 2024, Econic Technologies, a deep tech company in the field of renewable carbon, signed a far-reaching memorandum of understanding (MOU) with Romanian chemical giant Chimcomplex.
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Honeywell Divests Additive Manufacturing Business; Market Expected to Shrink to $3.6 Billion in 5 Years
2024-10-25On October 8, 2024, Honeywell International Inc. (NASDAQ: HON, $222.35, Market cap of $144.4 billion) officially unveiled A plan to spin off its Advanced Materials division (SpinCo) into a separate U.S.-listed company. The plan is to divest shareholders
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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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