Business News

  • Final opinion on the safety of dihydroxyacetone (DHA)
    Post time: 03-09-2022

    The European Commission’s Scientific Committee on Consumer Safety (SCCS) has adopted its opinion on the use of dihydroxyacetone (DHA) in cosmetic products. The final opinion was published on 9 March 2020. Dihydroxyacetone is currently not regulated under the Cosmetics Regulation 1223/2009 but ...Read more »

  • Biocides Market Global Trends and Forecasts
    Post time: 06-23-2021

    BIOCIDES MARKET FORCAST The Biocides market size is estimated to be USD 11.3 billion in 2021 and is projected to reach USD 13.6 billion by 2026, at a CAGR of 3.7% between 2021 and 2026. Factor such as stringent regulatory environment will drive the biocides market. The major restraint for the mar...Read more »

  • The Great Preservative Debate: Is Phenoxyethanol Safe?
    Post time: 05-10-2021

    All personal care products that contain water need to be preserved so they don’t grow harmful organisms that can make you very sick. Phenoxyethanol is safer than parabens and is the best preservative currently available that has been scientifically proven to be effective and safe at low concentr...Read more »

  • Covid-19: ECHA and industry respond to disinfectant shortages
    Post time: 04-16-2021

    24 March 2020 - 0 Submitted by Andrew Warmington The European Chemicals Agency (ECHA) and the European Commission have announced plans to help EU member states and industry to address disinfectant shortages caused by the Covid-19 pandemic. This has recently become a critical issue in many EU ma...Read more »

  • Ascensus buys Strem Chemicals
    Post time: 04-16-2021

    12 April 2021 - 0 Submitted by Andrew Warmington Ascensus has completed the acquisition of Strem Chemicals, bringing together two major suppliers of catalogue chemicals, mainly for life science, microelectronic and other speciality applications. Strem CEO Ephraim Honig will become chief science a...Read more »

  • Sinochem-ChemChina merger is approved
    Post time: 04-16-2021

    China’s State-owned Assets Supervision & Administration Commission (SASAC) has approved the long-planned merger of Sinochem and ChemChina. Partly to alleviate competition concerns, they will operate as separate subsidies of a newly created holding company owned by SASAC. The combined entity w...Read more »

  • Phenoxyethanol — toxicity, side effects, diseases and environmental impacts
    Post time: 07-04-2018

    Naturally-occurring in green tea, phenoxyethanol is a glycol ether that has a commercial, laboratory-produced synthetic counterpart. In its pure chemical form, it is a colorless liquid with a pleasant odor, commonly used in perfumes and cosmetics. Other uses for phenoxyethanol are insect repellen...Read more »

  • China acetone at two-year low as supply outstrips demand
    Post time: 07-04-2018

    SINGAPORE (ICIS)–China’s domestic acetone prices fell to a two-year low amid increased supply in June while demand is weak, with downstream plants at major production hubs running at reduced capacities due to strict government-led environmental checks. On 28 June, spot prices were assessed ...Read more »

  • US March benzene contracts settle lower, tracking weaker spot
    Post time: 03-06-2018

    01 March 2018 21:42 Source:ICIS News HOUSTON (ICIS)–US March benzene contracts settled 5 cents/gal ($15/tonne) lower at $3.06/gal free on board (FOB) US Gulf, sources confirmed on Thursday. Benzene contract prices have declined for three consecutive months, posting a cumulative dec...Read more »

  • US February ethylene settles 2.75 cents/lb lower
    Post time: 03-06-2018

    02 March 2018 18:13 Source:ICIS News HOUSTON (ICIS)–US February ethylene contracts have settled for a majority of participants at a decline of 2.75 cents/lb from the prior month amid lower spot prices and lower production costs, market sources said on late on Thursday and on Friday....Read more »

  • NE Asia C3 falls 3% over three weeks; near-term outlook bearish
    Post time: 03-06-2018

    05 March 2018 04:23 Source:ICIS News SINGAPORE (ICIS)–Spot propylene prices in northeast Asia have fallen by 3.1% over three consecutive weeks, weighed down by poor sentiment, and may remain under pressure in the near term amid weakness in China’s domestic market. In the week ended 2 March...Read more »

  • Global Cosmetic Ingredients Market 2017-2021
    Post time: 02-12-2018

    This market research report identifies suppliers like AkzoNobel, Ashland, BASF, Clariant, and Evonik Industries to be the key vendors in the global cosmetic ingredients market. It also presents a detailed segmentation of the global market by type (emollients, single use additives, thickening agen...Read more »

  • China acetone may stay weak amid inactive pre-holiday market
    Post time: 02-12-2018

    09 February 2018 05:48 Source:ICIS News SINGAPORE (ICIS)–Spot domestic acetone prices in China may stay weak amid lacklustre activity in the market ahead of the country’s week-long Lunar New Year holiday. On 8 February, prices in east China closed at Chinese yuan (CNY) 5,950-6,000...Read more »

  • New US methanol capacity will depend on exports to China
    Post time: 02-12-2018

    09 February 2018 20:44 Source:ICIS News NEW ORLEANS (ICIS)–New US methanol capacity coming online soon will have to depend on exports to China, a speaker at a methanol conference said on Friday. Mark Berggren, managing director of  Methanol Market Services Asia, said growth in global...Read more »

  • Eurozone manufacturing grows in October at fastest rate since 2011
    Post time: 11-03-2017

      LONDON (ICIS)–Manufacturing sector output growth reached its highest level since April 2011 in October, with economies in northwest Europe leading the productivity gains, analyst HIS Markit said on Thursday. The eurozone manufacturing sector purchasing managers’ index (PMI) ...Read more »

  • U.S. chemical makers, OSHA form worker safety alliance on diisocyanates
    Post time: 09-20-2017

    Some see effort as response to water down California effort The Trump Administration and a chemical industry group are forming a government-industry alliance with an intent to protect workers from exposure to diisocyanates, substances that are powerful irritants. The effort by the U.S. Occupatio...Read more »

  • The long road to all-natural preservatives
    Post time: 08-01-2017

    Consumers want clean labels, but ensuring food safety and shelf life without synthetics is a challenge Consumers navigate a variety of clean label claims for hot dogs and deli meats. The official hot dog of summer received a makeover this year. Oscar Mayer wieners now boast no added nitrates...Read more »

  • Europe conditionally approves Evonik’s acquisition of Huber’s silica business
    Post time: 06-28-2017

    June 23, 2017 The European Commission has approved Evonik’s acquisition of the silica business of J.M. Huber (Edison, New Jersey) subject to divestment of some of both companies’ activities related to precipitated silica. Evonik announced plans to acquire the business for $630 million in Decembe...Read more »

  • Shipping Co Moller-Maersk Says IT Systems Down Due to Cyber Attack
    Post time: 06-28-2017

    By David Gauthier-Villars Published June 27, 2017 Features Dow Jones Newswires Denmark’s shipping giant A.P. Moller-Maersk A/S (MAERSK-B.KO) said Tuesday that its computer systems had been brought down by a cyber attack. The breakdown is affecting multiple computer systems across several b...Read more »

  • Syngenta elects new board as ChemChina’s $43 billion deal closes
    Post time: 06-27-2017

    16:11 PM | June 26, 2017 | Natasha Alperowicz in Basel At the general meeting of shareholders of Syngenta held today in Basel, the 16 shareholders representing 95.11% of the total share capital approved all the motions proposed by the board of directors. Ren Jianxin, chairman of ChemChina and ar...Read more »

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