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Key Developments

  • In February 2024, BASF SE, a global chemical company, announced the initiation of a divestment process for its shares in two joint venture companies located in Korla, China. The companies involved are BASF Markor Chemical Manufacturing (Xinjiang) Co, Ltd and Markor Meiou Chemical (Xinjiang) Co, Ltd.
  • In May 2023, Brenntag, a leading global distributor of chemicals and ingredients, announced plans to acquire Colony Gums, Inc., a specialized provider of gum-based ingredients and solutions

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