Market Flash

Cepsa Química has just launched its new product, NextLab Low Carbon, for Europe and Asia. The production process of NextLab Low Carbon uses renewable heat energy instead of traditional fossil fuels, thus reducing factory emissions.

• Cepsa Química
• NextLab Low Carbon

Edward Life Sciences has announced that 40 of its employees have been notified under a global layoff plan.

China's huge economic size, the full swing of urbanization and continuous investment in infrastructure construction have jointly built a solid foundation for the development of the coating industry.

On September 12, 2024, in the press conference of the Top 500 petroleum and chemical enterprises' sales revenue in 2024 held in Dongying City, Shandong Province

On September 16, 2024, the German Federal Institute for Risk Assessment (BfR) released a compelling study that provides an in-depth look at acrylamide levels in many common foods currently on the food market.

In the first seven months of this year, China's imports of cassava starch from Southeast Asian countries totaled $1.08 billion, of which nearly 800,000 tons were imported from Vietnam, the Viet Cong Electronic News reported.

Graco announced that it has entered into a definitive agreement to acquire Corob for €230 million, subject to customary adjustments and up to €30 million in additional contingent consideration.

• Graco
• Corob

Solvay and MCassab announce the launch of oxygenated solvents Augeo® Clean Multi and Hexylene Glycol for the Brazilian pet care market.

• Solvay
• MCassab

On September 20, 2024, the Ministry of Trade of Turkey issued a circular on import protection measures (Circular No. 2024/9) aimed at protecting the Turkish domestic market and promoting the stable development of the country's economy.

Utah's congressional delegation has expressed strong opposition to a provision in the Inflation Reduction Act (IRA) that gives Medicare the power to negotiate prescription drug prices.

On September 24, Health Canada officially issued an important consultation document called PRVD2024-05, which marks the high importance of environmental protection and ecological balance in the country.

The revision not only reflects the Indonesian government's high emphasis on public health, but also marks another improvement in the country's regulatory system in the field of nutrition and health.

On the important date of September 24, 2024, the Lithuanian Ministry of Agriculture officially issued the order Nr.3D-676, which marks a profound change in the Lithuanian butter and cream products industry.

CNNC HUA YUAN Titanium Dioxide, one of the leading companies in China's titanium dioxide industry, may not have expected to be compared with Evergrande Real Estate, once known as the "first space housing company" and now in trouble.

The introduction of this strategy is not only a profound reflection on the current global food health issues, but also an important guidance for the future development direction of the food industry.

On September 25, 2024, an evacuation order for a community in Ohio remained in effect as officials scrambled to deal with the scene of a hazardous chemical spill.

This initiative not only marks a new breakthrough in technological innovation in the e-cigarette industry, but also triggered widespread concern from all walks of life about the safety and compliance of new chemical substances.

SI Group has announced plans to close its alkylphenol manufacturing facility on Jurong Island, Singapore, in the second half of 2025.

• SI Group
• alkylphenol

Japanese personal care giant Mandom is launching NatureLab Tokyo in Singapore, seeking to tap into the demand for clean, natural and ingredient-led scalp care solutions.

• Mandom
• scalp care

South Korean oil company GS Caltex said in September that it has exported sustainable aviation fuel (SAF) to Japan. The company supplied about 5,000 kiloliters of CORSIA SAF blended with conventional jet fuel to Japan's Narita Airport.

• GS Caltex
• SAF
• jet fuel