China

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Dealing with Price Volatility

It sometimes seems that everyone running a business always thinks that times are tougher now than they used to be. For producers — and buyers — of commodity chemicals, this thinking will take the more specific form of concerns about increased price volatility.

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China said Worried About Sanctions on Russian JVs

Chinese oil and petrochemicals giant Sinopec is planning what it says is its highest capital spending budget in corporate history for 2022 after posting its highest profit in a decade in 2021. In a filing to the Shanghai stock exchange, the group said it expects to spend 198 billion yuan ($31.10 billion) this year, 18% more than last year.

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Bioscience Trends in China’s New Five-Year Plan

China’s 14th Five-Year Plan “145” suggests that the dynamics initiated by the previous Five-Year Plan are to be maintained and even surpassed. As in the previous planning period, high priority is given to modernizing the country and the economy through R&D.

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Selecting the Right European Location for Life Sciences Activities

Agile and resilient: This is how manufacturers in the life sciences industry could be described during the Covid-19 pandemic. As disruption took hold in many other industries’ supply chains, life ­sciences companies moved to rapidly develop new products and build new capacity. They are maintaining this momentum, with pharmaceutical and biotech businesses showing continued interest in expanding existing operations in Europe or starting operations from scratch.

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