On March 10, 2026, global medical device giant Medtronic announced that it would acquire U.S. neurointerventional device company Scientia Vascular for $550 million (approximately RMB 3.9 billion), which includes potential milestone payments and an ea

Covestro has announced that it has signed an agreement with the Fraunhofer Institute for Environmental, Safety, and Energy Technology (UMSICHT) to operate a pyrolysis pilot plant for the chemical recycling of 2,000 tons per year of rigid polyurethane

High-performance polymer solutions manufacturer and developer Geon Performance Solutions recently announced the acquisition of the thermoplastic custom compounding company Arkadia Plastics, Inc. The company stated that this move will strengthen Geon'

On March 5, Eastern Time, Vicarious Surgical (NYSE: RBOT)—a surgical robotics company previously backed by Bill Gates and granted the FDA's "Breakthrough Device" designation—officially received a delisting notice from the New York Stock Exchange, ini

Image from the Internet Coinciding with Lufthansa Group's centennial anniversary, the group reported record revenue of €39.6 billion in 2025, up 5% from €37.6 billion in 2024. This record performance was d

The global chemical giant BASF announced that its flame-retardant thermoplastic polyurethane (TPU) at its Shanghai plant has started commercial-scale production, aiming to quickly respond to the growing demand for high-end materials in the Asia-Pacif

On March 10, Zhuansu Vision learned that BASF Group has expanded its dispersion capacity at its Durban site in South Africa, further enhancing its ability to supply high-quality dispersions to customers. These products are primarily used in architect

LG Chem Ltd. will apply a price increase for certain shipments scheduled for March-April, according to a client letter obtained by Platts, part of S&P Global Energy.Declaration of force majeure on the export contract for Dioctyl Terephthalate (DO

AokaiRecently launched ColorFast SFT5500 to expand the aircraft interior materials product line.This product is a PFAS-free, high-performance thermoplastic material specifically engineered to meet the FAA 14 CFR 25.853 Appendix F, Part IV, 55/55 OSU

On March 5, 2026, Wang Chuanfu, chairman and president of BYD, officially launched this technology in Shenzhen: charging from 10% to 70% at room temperature takes only 5 minutes, and to 97% takes 9 minutes. Under a temperature of -30°C, charging from

Shintech Louisiana LLC announced an investment of $3.4 billion in its facility in Iberville Parish, Louisiana, USA. The project includes the construction of a second ethylene unit, as well as a fourth chlorine and vinyl chloride monomer (VCM) unit, t

This week's major industry updates: LianLuo and Wanhua Chemical signed their third-phase strategic cooperation agreement; JuShi Chemical narrowed its losses but still reported a loss of RMB 119 million; KeBaiEr's profit dropped by 41.7%; Meteor C

On March 3, 2026, a spokesperson for Fibrant announced that the company had shut down its caprolactam plant in Geleen, the Netherlands. This move will take approximately 135,000 metric tons per year of caprolactam capacity

Global footwear companies will face a tariff adjustment to 15%, effective as early as this week. On March 4, U.S. Treasury Secretary Scott Bessent revealed this news in a media interview. He also stated that U.S. tariff rates could revert to their pr

In September last year, the LEGO Group announced it would acquire LEGOLAND Discovery Centers and LEGOLAND Parks from Merlin Entertainments. The transaction has now been completed, with a cash consideration of £200 million (RMB 1.846 billion).

Swiss sports brand On launched the TPU upper spray weaving technology – LightSpray™ in 2024, aiming to provide a super lightweight solution for running s

On March 3, Zhuan Su Shi Jie learned that Sumitomo Chemical announced on March 2 that it will implement the following organizational restructuring effective April 1, 2026. Headquarter To strengthen the collaboration of the company's R&D system a

Swiss sportswear manufacturer On Holding AG (On) has announced the opening of a robotic factory in South Korea to produce high-end running shoes, with plans to add more robotic factories in the US and Europe to accelerate production and delivery. The

Eni Group's chemicals division, Versalis, reported an adjusted operating loss of €204 million for the fourth quarter of 2025, compared to €231 million in the same period of 2024. The improved performance reflects the initial effects of the restructur

On February 28, Yiaoyang Waterproof Company's official Weibo announced that the company plans to invest in building a modern production base in Africa. The project has successfully passed the land approval. At the same time, the com