Market News

Global Hydrazine Hydrate Market: Key Developments

In September 2022, Lonza Group, announced the completion of the expansion of its Highly Potent API (HPAPI) multipurpose suite in Visp (CH). The expansion adds development and manufacturing capacity for ADC payloads, which supports the entire development and manufacturing pipeline from feasibility studies to the commercial supply.
In May 2022, Lanxess AG partnered with Provivi Inc. to scale up the production of pheromone products, through its Saltigo business unit. This partnership would create a number of opportunities for driving the market growth.
In November 2022, Matrix Fine Chemicals entered a new cooperation agreement with a global logistics provider. With this acquisition, the company can use a new warehouse in Southern Germany to store hazardous and non-hazardous materials.
In October 2022, Gujarat Alkalies and Chemicals Ltd started manufacturing hydrazine hydrate at its new plant in Gujarat, India. India imports nearly all its annual requirement of 17,000 tons of hydrazine hydrate. The GACL unit will be the first large-scale hydrazine hydrate factory, cutting down the nation's chemical import by 60%.

Hydrazine Hydrate Market Report Snapshots