Market Updates

Top Healthcare Acquisitions of 2018
August, 2018

Top Healthcare acquisitions of 2018Below is the list of major healthcare acquisitions of 2018.1. Fortive Corporation to gain a new business segmentsIn June 2018, Fortive Corporation, a Startup company featured in the Fortune 500 in 2016 acquired Advanced Sterilization Products (ASP) division of Johnson and Johnson’s Ethicon, Inc., for a cumulative price of nearly $2.8 billion. In 2017, the SAP segment generated a revenue o [...]

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Recent Hack of Singapore Healthcare Data
August, 2018

The personal data of 1.5 million patients in Singapore has been hacked recently in the country’s largest cyber-attack. 160,000 of these patients, including Prime Minister Lee Hsien Loong, had their outpatient prescription data stolen as well. The attackers had accessed and copied information such as names, identity card (IC) numbers, addresses, gender, race, and dates of birth. According to investigations by Integrated Health Information Systems, the data was stolen between 27 June and 4 July 2018.The stolen records we [...]

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Dynamic fluctuations of Soap Colorants Market
August, 2018

Soap colorants exist to make sure the soaps are more attractive and colourful and to an extent give some consistency to the soap. The dynamics of the market are changing evidently. Minute changes in a person’s day to day activity can lead towards change in a market. The social and socio-economic changes are moving very rapidly and manoeuvring the associated markets. 

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Trade War Deepens! Is Chemical Industry Ready for Impact?
August, 2018

US has recently announced additional 10% tariff on Chinese imports worth $200 billion to domestic market. This was followed when the US imposed tariff on $34 billion imports from china and Chinese authorities retaliated with 25% tariff on soybean imports from the US. The situation worsened within a week since first action taken by the US on Friday, 6 July 2018. Although the current tariffs are not directly impacting too much to the chemical business, the heat is expected to reach chemical market soon.Background [...]

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BASF Puts Its Biggest Growth Bet on China!
August, 2018

It is not long ago, when BASF was seen following the feedstock and investing significantly in the US market to improve the propylene supply. The methanol to propylene (MTP) plant has been aimed to capitalize over enough propane gas supplied by shale gas. This is one of the most significant investment planned by BASF in the US which is to fulfil the C3 olefin demand of the company. But, now the company has shifted its focus towards the eastern world and cliched an important memorandum of understanding (MoU) with Chinese authorities.< [...]

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Grey Layer in China Reduces
August, 2018

IntroductionThe Chinese government started an initiative known as ‘Blue Sky’. The newly revised action plan for the year 2018 was released on March 21. The ‘Blue Sky’ action plan aims to purify and to maintain the air quality standards. The initiative includes some majorly affected 28 cities to control air pollution. The major focus is to reduce engineering emissions to help reduce the grey layer. The government has come up with various strategies to reduce the emissions b [...]

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US Chemical Industry Outlook
August, 2018

The US is the world's major economy and its chemical industry is rising for the first time in a decade. With abundant source of low-cost feedstocks, the US chemical market has converted into one of the most favourable markets for chemical production globally. The US chemical in [...]

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Perks of Artificial Sweetener
August, 2018

Artificial Sweetener are low calorie products which are used as substitute for sugar. Various food authorities (FDA in US) approves the sweeteners that can be sold out in the market. Some of the most commonly available sweeteners are Acesulfame potassium, Aspartame, Sucralose, D-Tagatose, and Saccharin. The artificial sweetener is becoming very popular amongst the people as it sweet [...]

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Clariant on regional growth strategy, opens new additives manufacturing facilities in China
July, 2018

Clariant inaugurates new additives production facilities in China The Swiss chemical giant Clariant has marked its presence in the Chinese region by opening new manufacturing facilities in the China. The manufacturing facility sites in Zhenjiang, China will produce additives for paints & coatings industry. The newly opened manufacturing plants are dedicated for the Ceridust micronized waxes and AddWorks synergistic line of additive solutions. Both are used in various applications across t [...]

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GM, Honda sign deal to develop batteries for electric vehicles
July, 2018

General Motors and Honda collaborate efforts to develop energy storage devices for electric vehiclesUS giant General Motors and Japan-based Honda, had come up with a battery improvisation program for electric vehicles. Prior to the new deal on battery both the companies were collectively working on hydrogen fuel cells. With the rising population and increased consumption of energy for transportation purpose has made electric vehicles as the necessity of modern world. By introduction of supercapac [...]

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