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Sustainability
Plant-based spread maker tries move into paper-based tubs
...Starch coatings can be compostable, but not recyclable....
January 9, 2024
News in-depthChinese trade
Brazil launches China anti-dumping probes after imports soar
...“Last year saw one of the most critical situations in the entire history of the national chemical industry,” said André Passos Cordeiro, president of the Brazilian chemical industry association....
March 17, 2024
FT Live
Accelerating the Energy Transition in Asia
Industrial strategies and policy drivers for sustainability
Tuesday, 30 JulyMandala Club, 31 Bukit Pasoh Rd, Singapore 089845
Orascom Construction Industries NV
Egypt’s richest man Nassef Sawiris considers breaking up his empire
...By the end of the year OCI had agreed to offload two fertiliser holdings for about $3.6bn apiece, to the Abu Dhabi National Oil Company and Koch Industries of the US....
February 14, 2024
Abu Dhabi National Oil Co
Adnoc’s $30bn chemicals deal with Austria’s OMV stalls
...Talks over a planned $30bn merger between the chemicals arms of Abu Dhabi National Oil Company and Austria’s OMV have stalled over recent weeks, putting at risk a complicated deal to create a new market...
February 23, 2024
Climate change
Exxon leads industry fight against UN plans to limit plastic
...The statement from McKee, who is also the chair of the International Council of Chemical Associations, which represents the largest petrochemical companies, drew an angry response from environmental campaigners...
April 22, 2024
Disease control and prevention
Crop chemicals boost drug resistance of killer fungi, scientists warn
...But Nippon Soda, a chemical company based in Tokyo, launched an agricultural fungicide called ipflufenoquin in Japan in 2021, which has a mechanism of action very similar to F2G’s olorofim — leading to concerns...
January 9, 2024
FT Live
Financial Times @COP
FT Live events coinciding with COP
Monday, 11 NovemberBaku, Azerbaijan
News updates from December 15: Rudy Giuliani ordered to pay $148mn to 2020 election workers, Israel mistakenly kills three hostages in Gaza
Abu Dhabi National Oil Company takes control of fertiliser producer in $3.6bn deal
...The Abu Dhabi National Oil Company has acquired a controlling stake in fertiliser producer Fertiglobe in a $3.6bn deal, as it pushes to diversify its business....
December 15, 2023
Abu Dhabi National Oil Co
UAE energy group Adnoc to lift spending on decarbonisation projects
...company Covestro on a potential acquisition that could value the group at roughly €14bn.It has also held discussions with Austrian energy group OMV over a deal that could combine their chemical divisions...
January 22, 2024
Energy sector
Anything can be a PFASt-growing industry
...technologies (like DD, ECL); and waste management companies with hazardous or chemical waste programs (like CWST, GFL, RSG, and WCN) could benefit from an increase in PFAS-related regulations....
January 24, 2024
Lex PopuliInvestments
If you like a company, should you buy its shares?
...Ballast for the theory comes from a National Bureau of Economic Research paper....
April 19, 2024
Live news updates from July 14: Higher rates boost JPMorgan profits, China’s central bank dismisses deflation risk
Austrian energy group in talks over chemicals deal with Abu Dhabi National Oil Company
...Austrian energy group OMV is in talks with Abu Dhabi National Oil Company over a deal that could combine its chemicals arm Borealis with Borouge, the chemicals company majority-owned by the United Arab Emirates...
July 14, 2023
News updates from January 26: ICJ grants South Africa’s request for emergency measures in Gaza, US core PCE dips below 3%
What to watch in Asia today
...Earnings: Japanese chemical company Shin-Etsu, robotics specialist Fanuc and South Korean battery maker LG Energy Solution release results....
January 26, 2024
Chinese economy
China’s factory activity adds to signs of recovery
...“In March, as companies accelerated their resumption of work and production after the spring festival, market activity increased,” Zhao Qinghe, senior statistician at the National Bureau of Statistics, said...
March 31, 2024
Renewable energy
US places bets on European companies in $6bn effort to clean up its heavy industry
...The National Cement Company of California, owned by French materials group Vicat, won up to $500mn for a proposal to become “carbon neutral”, including by using carbon capture and replacing some fossil fuels...
March 25, 2024
Pirelli & C SpA
Pirelli shares jump after Italian investors boost stake in tyremaker
...brands, which Rome considers a strategic national asset due to its proprietary technology....
January 9, 2024
FT Live
Climate Capital Live
The leading global platform for climate science, finance and business
Wednesday, 19 March 2025London, UK & Online
Pollution
Raw sewage discharges in England and Wales hit record
...Just 16 per cent of waterways in England and Wales meet minimum EU standards and none meet the standards for chemicals, according to separate Environment Agency data....
March 27, 2024
Britain after Brexit
The B-word Hunt failed to mention Premium content
...to EU-based companies....
March 7, 2024
Mergers & Acquisitions
Covestro to start deal talks after Adnoc raises bid price to €14bn
...German chemical company Covestro has agreed to enter into “open-ended” talks on a potential acquisition by the Abu Dhabi National Oil Company, after the Mideast state-owned energy group raised its offer...
September 8, 2023
Britain after Brexit
A glimpse of the Brexit debate of the future Premium content
...Reland picks out many of the areas where new EU rules are adding to the compliance burden of UK companies that export to Europe, or their smaller suppliers....
April 18, 2024
News in-depthBraskem SA
Fight for Brazil chemicals group Braskem draws in foreign bidders — and Lula government
...So far, Apollo has teamed up with the Abu Dhabi National Oil Company, or Adnoc, with an offer pitched at R$47 per share....
August 18, 2023
Disrupted Times
‘Reality check’ for the green transition
...Claims that researchers at Google Deep Mind and elsewhere had created new chemical compounds using artificial intelligence appear to be overblown, writes Anjana Ahuja....
April 19, 2024
Chemicals
Austria’s OMV and Abu Dhabi in talks over merging chemicals businesses
...Austrian energy group OMV is in talks with Abu Dhabi National Oil Company over a deal that could combine their chemical divisions, as part of an ambitious plan to create a global force in petrochemicals....
July 14, 2023
Batteries
Tech start-ups race to make EV battery recycling sustainable
...A clutch of start-ups, including Hong Kong’s GRST and Oregon-based OnTo Technology, as well as larger companies such as German chemicals giant BASF, are working on a water-based technology seen as a commercially...
November 12, 2023
Iran
US accuses Iran of attacking tanker in Indian Ocean
...A chemical tanker operating in the Indian Ocean has been attacked by a drone launched from Iran, according to the US military, expanding the threat faced by international merchant shipping....
December 24, 2023
US-China relations
Biden and Xi have ‘candid’ call in first talks since November
...Biden also told Xi about his concerns about a Chinese company’s ownership of TikTok, according to John Kirby, the National Security Council spokesperson....
April 2, 2024

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