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Recent Articles

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Fitch forecasts US electric vehicles to account for 26% of sales by 2030, up from 9% in 2022, assuming current regulatory conditions; rising investments into EV battery manufacturing viewed as upside for EV sales, domestic EV manufacturing

China polyolefin market continues to see declining imports, rising exports; self-sufficiency rage of China PET market is expected to rise to 62%: ICIS

Europe PET, PTA sales suffer poor demand, leading some suppliers to assess production plans post-maintenance; cost of shipments from Asia have plummeted by 50%, putting downward pressure on European producers: ICIS

Seven states in Midwest form Midwest Hydrogen Coalition to coordinate hydrogen production in the region, with the group stating one use for the hydrogen is transportation; the hydrogen could provide fuel for fuel-cell semi trucks

The Metal Company enters into labor neutrality agreement with UAW to allow collective bargaining at its metal processing facilities; TMC processes critical minerals needed for EV batteries from polymetallic nodules collected from Eastern Pacific Ocean

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