AGP Executive Report
Last update: 10 hours agoEngineering & Circularity: Kanadevia Inova acquired Chennai-based Petrokens, adding more than 80 staff and expanding engineering support for waste-to-resource projects across India and Asia-Pacific. Company Moves: LG Chem expanded its obesity-drug licensing deal with Rhythm Pharmaceuticals to $855 million, while Neogen Chemicals reported 42% revenue growth in Q2 and raised its standalone business outlook. Reliance Industries also posted record quarterly profit, powered partly by its oil-to-chemicals business. Supply Chains: Reports warn China’s chemical expansion is squeezing global producers; Russia’s three-month ban on some petrochemical exports adds uncertainty. Environmental Risks: The UK launched its first study of PFAS and other contaminants in people’s blood and urine, while researchers reported a lower-temperature method to destroy PFAS. In Kenya, farmworkers are seeking legal action over alleged pesticide poisoning.
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