Solvay has officially opened its application development lab in Shanghai. Housing some 30 scientists, engineers and technicians, it will seek to “advance custom-tailored application developments” using Solvay technologies, notably for the automotive, new energy, life sciences, smart devices and semiconductors.

IMCD has agreed agreement to acquire Shanghai Sanrise Industries & Development, a major distributor in China’s personal care markets. This will take place in two tranches: 70% now and the rest in 2025. Closing, subject to customary conditions and regulatory approval, is expected to take place in Q1 2023.