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...The world’s biggest solar panel manufacturer has warned that Europe and the US risk slower decarbonisation of their economies if they restrict Chinese companies from their renewable energy supply chains....
...exports to Russia of goods vital for Moscow’s war machine have soared this year, heightening concerns among the US and its allies that the country is acting as a conduit for sensitive items from their own manufacturers...
...The American Fuel & Petrochemical Manufacturers, an oil refinery trade group, spent millions of dollars on advertisements in 2024 election battleground states decrying an “EPA car ban”....
...Exxon is leading a fightback by the petrochemicals industry against UN plans to limit the production of plastics....
...Weak Chinese volumes mean spreads on commodity chemicals — during the transformation of fossil fuels into petrochemicals such as ethylene — remain near 20-year lows....
...The move will add fuel to a debate raging in the City of London about whether investors’ opposition to larger, American-style executive pay deals at UK-listed companies is hurting their attempts to compete...
...The European parliament voted for the EU to leave an international treaty that is seen by campaigners as protecting fossil fuel investments....
...They’re saying it’s cleaner than the petrochemical facilities that we already have — but we know that that’s a lie.”...
...Carmakers in the US are struggling to sell electric vehicles while the Chinese market powers ahead because their products are inferior, according to one of the world’s biggest battery materials manufacturers...
...SK On, a subsidiary of Korean petrochemical company SK Innovation, has concentrated the bulk of its foreign investments in the US, where it has formed joint ventures with car manufacturers Ford and Hyundai...
...Despite increasing evidence of global warming, politicians and investors are softening their opposition to fossil fuels....
...The FT also has a story today on whether European carmakers can rival China’s BYD, the world’s largest manufacturer of electric vehicles....
...Amos Hochstein, the US government’s chief energy security adviser, said the future energy market could fall into similar traps to those seen with fossil fuels....
...The American Clean Power Association, a lobbying group that includes fossil fuel companies, criticised the leaked guidance, warning “it undermines a promising opportunity for the clean power sector”....
...The South American country’s overall output of the commodity grew 4 per cent in 2022 to 3mn barrels a day, with three-quarters from pre-salt areas, ranking it as the planet’s ninth-largest oil-producing...
...The US shipping regulator has hardened its clampdown on foreign-owned carriers that clashed with American importers during recent supply chain disruptions....
...The great American road trip is going to be fully electrified....
...Boeing’s woes have reignited questions over whether new competitors might emerge to challenge the long-standing duopoly between the American manufacturer and Airbus....
...The 44-year-old’s new role at Holcim, the largest cement manufacturer outside China, comes as the Swiss group pushes to spin off its North-American business next year....
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...“A flood of Chinese imports has devastated several of America’s domestic industries in the past, notably undercutting American solar and steel manufacturers,” a spokesperson for the alliance warned last...
...As the world tries to ditch fossil fuels, the company has positioned itself as a manufacturing powerhouse across a suite of green technologies....
...For example, in 2017, carmaker Toyota moved its North American headquarters from Torrance, California, to Plano, Texas and, in 2021, Nippon Steel consolidated its headquarters in Houston....
...“But you can’t have the renewable power companies or electric-vehicle manufacturers without everything upstream of them. There’s this massive gap in valuation.”...
...The American Chemistry Council (ACC), an industry body representing the petrochemical sector, argued for solutions that would not require reduced production, such as waste management and recycling....
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