Page 169 - CW E-Magazine (21-1-2025)

News from Abroad

EVENT HIGHLIGHTS
PCHi 2025 to feature special zones for fragrances

and AI-led innovations

The Personal Care and Homecare
Ingredients (PCHi) trade show, sched-
uled to be held from 19-21 February
2025, in Guangzhou, China, is set to
feature special zones on the show floor
to highlight innovations in fragrances
besides focus on the use of artificial
intelligence (AI) in the cosmetics
industry.

Among the many highlights of the sium & Testing Zone’, will explore how for personalised skincare and haircare,
leading Chinese event for cosmetics AI is revolutionising the cosmetics in- and blockchain – enabled solutions for
ingredients sector is the debut of the dustry. This dedicated area will feature sustainable and scalable beauty.
‘Fragrance Experience Zone’, which innovative applications of AI across
will showcase three transformative research and development, raw mate- As in the previous edition, the 2025
trends shaping the future of fragrance: rial innovation, personalised consumer show is expected to witness leading
AI-driven innovations, functional experiences, and smart beauty techno- ingredient suppliers launching new
wellness applications, and pioneering logies. The accompanying ‘AI Sympo- products. Global companies like Lucas
explorations into sensory perception. sium’ will dive deep into a range of topics, Meyer Cosmetics by Clariant, Ashland,
Visitors will have the opportunity to including AI-driven formulation, effi- Gattefossé, Givaudan Active Beauty,
witness advanced scent digitisation cacy testing, and the application of 3D and Croda, are set to unveil new offer-
and personalised fragrance solutions bioprinting in cosmetics. Presentations ings, while prominent Chinese firms
powered by AI. will also explore advanced techno- like Jaka Biotech, and Freda Biotech-
logies such as EmotionGPT-powered nology have firmed up plans to debut
Another attraction – the ‘AI Sympo- cosmetic innovations, big data insights new ingredients.
MVP Lithium produces 99% pure battery-grade lithium hydroxide

Canadian lithium extraction firm, “These results demonstrate that demand for lithium.” Driven by the
Midas Vantage Projects (MVP) Lithium the pilot is operating optimally and surging demand for electric vehicles
Ltd. has announced the successful pro- as expected,” said MVP Lithium’s (EVs) and their essential compo-
duction of 99.9% pure battery-grade CEO Mr. Max Iyer. “This milestone nents, the global lithium market
lithium hydroxide from brine in the not only validates our technological valued at $27-bn in 2024, is expect-
DLE (Direct Lithium Extraction) pilot capabilities but also positions MVP ed to soar to $134-bn by 2032, mark-
plant from its resource in the Montney Lithium to play a pivotal role in ing a compound annual growth rate
Formation in Canada. meeting the rapidly growing global (CAGR) of 22%.
Malaysia imposes anti-dumping duties on PET imports from China

The Malaysian government has a petition filed by domestic maker Malaysian government), discovered
imposed provisional anti-dumping tariffs Recron (M) Sdn Bhd, which claimed enough evidence to support the most
ranging from 6.33% to 37.44% on that PET imports from China and recent steps. The provisional duties
imports of polyethylene terephthalate Indonesia were being sold at rates took effect on January 7, and will last
(PET), a synthetic fibre originating lower than their domestic market for up to 120 days, awaiting the final
in China and Indonesia. The action value, causing severe harm to Malaysia’s determination, which is expected to be
is part of a preliminary finding after local sector. Investigations by the published by May 6, 2025.

Chemical Weekly January 21, 2025 169

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