Results for: Industrial Applications

The global glycolic acid market is experiencing significant growth, driven by its versatile applications in cleaning and skincare. This article analyzes key market trends, including the increasing demand for 70% glycolic acid in industrial applications, the popularity of high-purity glycolic acid in cosmetics, and the dominant role of Asia Pacific in the market. We explore key players and recent market developments, providing insights for businesses looking to capitalize on this burgeoning market.

The global glycolic acid market is experiencing significant growth, driven by its versatile applications in cleaning and skincare. This article analyzes key market trends, including the increasing demand for 70% glycolic acid in industrial applications, the popularity of high-purity glycolic acid in cosmetics, and the dominant role of Asia Pacific in the market. We explore key players and recent market developments, providing insights for businesses looking to capitalize on this burgeoning market.

Cyngn Inc. (CYN), a developer of AI-powered autonomous driving software solutions for industrial applications, announced the pricing of its public offering today with an expected gross proceeds of approximately $5 million. The offering comprises 50,000,000 shares of common stock and pre-funded warrants at a purchase price of $0.10 per share. The net proceeds from the offering will be used for general corporate purposes, including working capital. Aegis Capital Corp. acted as the sole bookrunner for the offering.