PT Bumi Baru Plastik plans to expand polyolefin recycling capacity to 2,600 metric tons monthly by late 2028, backed by Circulate Capital investment. The firm targets future export markets while upgrading water treatment systems.
TotalEnergies declared force majeure on toluene supplies from its Normandy refinery due to strikes disrupting production and logistics. The strike affects xylene and toluene chains, halting deliveries from the 50,000 mt/year capacity facility.
HelloFresh faces a class action lawsuit alleging physical abuse, discrimination, and restricted bathroom access against workers at its Newark facility. The company denies the claims following an internal investigation, with a court hearing scheduled for October.
Danantara Investment Management and INA finalized investment in Chandra Asri's world-scale chlor-alkali plant in Indonesia, currently 80% complete with commercial operations targeted for 2027. The project aims to boost domestic production of key raw materials, reducing import reliance for downstream industries.
Ukrainian forces targeted Russian oil infrastructure with over 1,000 drones, sparking fires at a St. Petersburg terminal. The attack coincides with rising tensions between Kyiv and Washington over US sanctions policy toward Moscow.
China's Ministry of Commerce and Ministry of Science and Technology have released a draft catalog proposing export restrictions on 40 key technologies in AI, biomedicine, and photovoltaics. Officials state the move aligns with international practices to prevent technology loss while ensuring safe exchanges.
Goldman Sachs reduced Sherwin-Williams' price target to USD 410, keeping a Buy rating ahead of Q3 earnings. Investors watch for continued positive performance after the company exceeded Q2 estimates.
Dutch retailer Ahold Delhaize reported a cybersecurity incident to police after detecting suspicious activity in its infrastructure, confirmed as malicious actions.
Vontobel Holding Ltd. bought 14,647 DuPont shares worth $1.9M in Q3. This follows DuPont's strong earnings and a maintained "Moderate Buy" rating from analysts.
Wells Fargo reaffirmed its $350 price target for Air Products following a mixed Q3 with $3.16 billion revenue and a GAAP net loss. Analyst sentiment remains constructive ahead of Q4 results on November 5, 2026.
Curated Wealth Partners LLC reduced its stake in Sherwin-Williams by selling 12,876 shares. The company recently reported strong quarterly earnings with an EPS of $3.70 and maintains a Moderate Buy rating.
Ithaca Energy warns it may halt UK investment unless the Rosebank oilfield is approved. The $3.8 billion project stalled due to activist opposition, leading the firm to consider Canadian assets instead.
Hawkins Inc (NASDAQ:HWKN) is scheduled to announce Q2 fiscal 2027 earnings on October 26th, with analysts forecasting $1.19 per share and $302.70 million revenue. The stock holds a consensus "Hold" rating alongside recent executive stock purchases.
The EU draft strategy omits a moratorium on new Arctic oil and gas drilling following Norwegian lobbying, while maintaining broader climate emission goals. This shift impacts energy security as Norway supplies nearly a third of the bloc's gas imports.
UK steelmakers face a record £30/MWh electricity cost premium over French rivals due to global gas price surges, sparking calls for government subsidies to maintain competitiveness amid reindustrialization efforts.
Siemens executive Cedrik Neike announced plans to raise factory automation levels to 70%-80% using AI and digital twins, investing €500 million in the Erlangen plant to enhance productivity.
Indian tax authorities investigate Pernod Ricard and Diageo over potential tariff misclassification of bulk Scotch imports under the India-UK trade deal. Both companies confirm cooperation with regulators amid broader scrutiny in the region.
Qatar plans to build two 825MW power plants and sign a 20-year LNG supply deal to revive Lebanon's energy sector, including renewable energy components.
US natural gas futures rose slightly on forecasts of colder weather boosting heating demand and increased flows to LNG export terminals, while production rebounded following hurricane-related shut-ins.
Google and McKinsey agreed to purchase 320,000 metric tons of carbon credits for a Brazilian silvopasture project, funding the restoration of 8,700 hectares of degraded pastureland through Working Trees.
ChemBrief