Sateri Holdings, a speciality cellulose maker, is pushing ahead with its Hong Kong stock market listing plan, the company said on Thursday.
Sateri, controlled by Indonesian tycoon Sukanto Tanoto and his family, plans to raise up to $600 million by selling 505.33 million shares in a range of HK$6.60 to HK$9.20 each.
Two Hong Kong IPOs worth more than $3 billion were pulled on Wednesday after stock markets around the world took a beating because of tensions in Korea and Ireland's debt problems.
Arkema has announced the launch of its Carat Project at its Carling site in France. This initiative aims to enhance the capabilities and sustainability of the facility, which specializes in producing acrylic monomers and superabsorbent polymers.
The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.
Boehringer Ingelheim recorded positive growth in the first half of 2025 with an increase in Group sales of 6.3% to € 14 billion.
Carbon black manufacturer Orion Engineered Carbons plans to rationalize production lines in North and South America and EMEA.
Swiss pharma heavyweight Roche announced has entered into an exclusive collaboration and licensing agreement with Denmark’s Zealand Pharma. Under the terms of this agreement, the two companies will collaborate to co-develop and co-commercialize petrelintide, Zealand Pharma’s amylin analog as a standalone therapy as well as a fixed-dose combination with Roche’s lead incretin asset CT-388.
