Auto industry faces long term battery, raw material shortage: Tavares
Carlos Tavares, CEO of Stellantis, has reportedly stated that the automotive industry will continue suffering from a shortage of raw materials and batteries in the coming year as it transitions toward....
EU must recycle more to reach its carbon-neutral goal by 2050: report
A new report released on Monday, April 25, 2022, has reportedly warned that Europe must act quickly to ensure supplies of critical metals that are needed for its green energy transition, adding that t....
Saudi Arabia: Sabic introduces the latest compound for 5G antennas
Saudi Basic Industries Corporation (SABIC), the leading chemical manufacturing firm based in Saudi Arabia, has reportedly unveiled the new compound named LNP Thermocomp OFC08V, which is ideal for 5G b....
Covestro introduces plant-based version of hexamethylene diamine
Covestro AG, one of the leading producers of top-quality polymers, has reportedly unveiled a plant-based version of hexamethylene diamine (HMDA). The make HMDA is volumes, Covestro has collaborated w....
World leaders from 173 nations sign new treaty to curb plastic waste
World leaders, representatives, and environment ministers from over 173 countries have reportedly agreed to form a legally binding treaty to curb plastic waste, a unified action that is being describe....
Glencore sets aside $1.5 bn for bribery and market manipulation probes
Anglo-Swiss commodity trading and mining company, Glencore plc, will be reportedly setting aside more than $1.5 billion to cover an array of bribery and market manipulation probes, which it expects to....
Major mining firms to see slip in profits amid rising cost pressures
World’s largest mining firms will be reportedly recording a drop in profits this month, as investors will be on the lookout for increasing cost pressures, with the slowed growth in China’s....
LG Chem eyes $50.1Bn in sales by 2030 amid push for green transition
LG Chem Ltd., a leading South Korean chemical maker headquartered in Seoul, has reportedly announced that it aims to elevate its sales to more than ₩60 trillion (~$50.1 billion) by the end of 20....
Chemicals in plastic consumer products may cause weight gain: Study
A new study has reportedly found that chemicals present in plastic consumer products are capable of adversely affecting the metabolism of human bodies, and may also be contributing to the development ....