Industry News

Thailand’s PSP Specialties Public Company Limited has finalised the full acquisition of Recycle Engineering Co., Ltd (RE), investing a further THB 220.5 million ( USD 6.80 million) to move from a 65%

Two of Germany’s leading industry associations, UNITI Bundesverband EnergieMittelstand e.V. and Verband der Schmierstoff-Industrie e.V. (VSI), have unanimously approved a merger that will create a unified voice

Versalis, the chemical subsidiary of Italian energy giant Eni, has inaugurated a demonstration plant in Mantua, Italy, dedicated to chemical recycling of mixed plastic waste using its proprietary Hoop® technology

GS Caltex has strengthened its presence in the data centre cooling sector by supplying its immersion cooling oil to LG Uplus, marking a key step in its commercialisation of next-generation cooling technologies. The South Korean energy company has begun supplying

Mitsui Chemicals, Inc. has announced its decision to transfer its entire 50% stake in Shanghai Sinopec Mitsui Chemicals Co., Ltd. (SSMC) to joint venture partner Sinopec Shanghai Gaoqiao

Shell plc has firmly denied reports it is in early takeover discussions with rival bp, following a Wall Street Journal (WSJ) article claiming such talks were underway. The energy major issued a formal

ExxonMobil is celebrating the 100th anniversary of its Mobil™ Delvac™ brand in 2025, a milestone marking a century of advancements in diesel engine lubrication. Since its inception in 1925, the brand has earned global recognition for enhancing engine durability

The Asia-Pacific region accounted for nearly half of the world’s avoided fossil fuel use in 2024, according to the Energy Institute’s (EI) 2025 Statistical Review of World Energy. Released in partnership with KPMG and Kearney, the annual review paints a

Chevron is seeking buyers for its 50% stake in Singapore Refining Company (SRC), a key refining asset jointly owned with PetroChina, according to media reports. The move is part of a broader strategy to optimise the U.S. oil

The ORLEN Group has launched Multifuel, a proprietary technology that enables the flexible generation of electricity and heat using hydrogen, natural gas, or any combination of the two. Co-developed with Horus