Covestro has inaugurated a pilot plant for the chemical recycling of high‑performance polyurethane elastomers at its Leverkusen site in Germany. The investment, described as a “double‑digit million‑euro” outlay, moves the recycling process for Vulkollan elastomers from laboratory development to pilot‑scale…
Saudi Aramco has shifted about 20 million barrels of spot crude to Asian refiners for September‑October pickup outside the Strait of Hormuz after the shutdown of its East‑West pipeline, which halted cross‑country flows to the Red Sea. The sales, confirmed…
U.S. retail sales grew 1.2% in August, surpassing the 0.7% gain analysts had forecast, according to Commerce Department data released on September 16, 2026. The increase follows a revised 0.5% decline in July, which had been unexpected after strong spending…
European Commission President Ursula von der Leyen used her State of the European Union address on Sept. 16, 2026 to propose that Canada become the EU’s first associate member. The suggestion comes as Canada, whose exports are about 70 %…
Brent crude slipped 1.1% to $107.61 a barrel, while benchmark U.S. crude fell 2% to $103.70 a barrel, marking the first weekly decline in oil prices as Saudi Arabia’s key pipeline shutdown adds strain to global supply. The shutdown follows…
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