ChemBriefGACL commences construction of phosphoric acid plantjust now
Gujarat Alkalies and Chemicals Ltd. began construction of a 33,870 metric ton/year phosphoric acid plant at its Dahej site, involving a $59.2 million investment.
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Adama’s loss widens on lower sales, pricing pressuresjust now
Adama reported widened losses due to lower sales and pricing pressures, exacerbated by extreme weather across Europe in Q3. The agrochemical company faces intensified operational challenges impacting its financial performance.
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2026-09-18
Adama Announces Executive Appointments2026-05-06
Adama Records GHG Emission Cut in 2025Sinkholes, Scarred Land and Scapegoats: The Scourge of Illegal Gold Mining in Johannesburgjust now
High gold prices fuel illegal mining in Johannesburg, driving water theft and infrastructure collapse while generating an estimated $1bn in illicit revenue annually. Experts debate whether informal miners or formal industrial dewatering cause most sinkholes.
China Electricity Council Forecasts 4%-4.5% Rise in Annual Power Consumption; Mercedes-Benz Q3 Profits Under Pressure in Chinajust now
The China Electricity Council forecasts a 4%-4.5% rise in annual power consumption. Reports also highlight increased legal risks for Chinese firms overseas and Mercedes-Benz's continued profit pressure in China.
FMC Reports $2.1 Billion Q3 Loss Amid Channel Pricing Reset1 hour ago
FMC Corp. reported an 80% sales plunge and $2.1 billion Q3 net loss due to distributor inventory adjustments and pricing model overhauls in its crop protection business. The company lowered its fourth-quarter outlook amid persistent commodity pricing pressures.
Russia Imposes Windfall Taxes on Mining and Energy Sectors to Fund War Budget4 hours ago
Russia imposed windfall taxes on mining companies producing iron ore, nickel, and gold to fund military spending amid a swollen budget deficit. Additional tax hikes on investment income and imports further strain an economy reliant on energy exports.
Linde Q3 Beats Estimates Amid Strong Sales Gains in Americas, Asia6 hours ago
Linde PLC reported third-quarter adjusted net income of $2.122 billion, exceeding analyst estimates, driven by 9% year-over-year sales growth totaling $9.404 billion across key regions.
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Industrial Projects Announcement: October 29, 20266 hours ago
Recent announcements include projects by Shandong Lianke Technology for silica and carbon black in Egypt, and Air Liquide for industrial gases in Asia.
Panasonic's battery unit posts higher Q2 operating profit, lifts forecast8 hours ago
Panasonic Holdings' energy unit Q2 operating profit surged to 55.6 billion yen, driven by EV battery and data center storage sales. The company raised its full-year profit forecast by 16% to 198 billion yen.
BP posts net income of $8.46 billion, beating expectations9 hours ago
BP reported third-quarter underlying profit of $8.46 billion, surpassing analyst expectations. The company plans to use excess cash flow to address remaining liabilities from the 2010 Deepwater Horizon oil spill while meeting net debt reduction targets early.
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Sanofi lifts expectations for 2026 sales growth, looks to M&A9 hours ago
Sanofi raised its annual sales growth forecast to a low-teens percentage, driven by strong demand for Dupixent. The company also announced plans for potential M&A deals exceeding €5 billion to secure late-stage assets.
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Merck KGaA opens bioprocessing production center in South Korea9 hours ago
Merck KGaA has opened a €300 million bioprocessing production center in Daejeon, South Korea, marking its largest life science investment in APAC. The facility expands capacity for critical materials used in biologic medicine development and manufacturing.
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Axalta falls short of estimates on higher raw material costs10 hours ago
Axalta Coating Systems reported Q3 net income down 14% to $95 million, missing analyst estimates due to higher raw material and freight costs. The company also cut full-year adjusted EBITDA guidance while proceeding with its proposed merger with AkzoNobel.
Tanzania and Angola Agree to Link Ocean Corridors by Rail10 hours ago
Tanzania and Angola agreed to link their ocean corridors via a railway through Zambia and the DRC to facilitate copper and fuel trade. State energy firms are also assessing partnerships for an oil refinery project within the Lobito corridor.
Taxes and high oil prices are set to spur more UK energy deals11 hours ago
High oil prices and UK tax incentives are driving consolidation in the North Sea oil and gas sector, with M&A hitting $19.6 billion year-to-date. Analysts predict further mergers as companies seek scale to manage costs and maximize tax credits.
Air Liquide maintains 2026 guidance on higher Q3 revenue11 hours ago
Air Liquide maintained 2026 guidance following a 10% Q3 revenue rise to €7.26 billion, fueled by AI semiconductor gas demand. It initiated a €4 billion share buyback under its 2030 strategic plan targeting 10% EPS growth.
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Iron Ore Heads for Lowest Month-End Close Since October 202211 hours ago
Iron ore futures are heading for their lowest month-end close since October 2022 near $91 per ton, driven by ample global supplies and high Chinese stockpiles. Steel mills in China face profitability struggles as demand remains muted through year-end.
Copper Declines as Tech Selloff, Oil Rally Dent Risk Appetite12 hours ago
Copper prices declined on the London Metal Exchange amid tech sell-offs and rising oil prices, while a Rio Tinto mine incident added to supply concerns. Industrial metals faced mixed performance as global growth worries impacted risk appetite.
Gold slips as higher oil, US inflation data bolster Fed hike bets12 hours ago
Gold and precious metals prices dropped as rising oil costs and US inflation data boosted expectations for a Federal Reserve rate hike. Investors now price in a 75% chance of a December increase, reducing appeal for non-yielding bullion.
German Chancellor Merz Says EU to Shape Better Trade Offer Amid Global Pressure12 hours ago
German Chancellor Friedrich Merz stated the EU will lead efforts to improve the global trade order, highlighting opportunities for bilateral cooperation with South Korea, where nine MOUs were signed covering energy and biohealth sectors.
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