International News Briefing: Raw Material News - Evonik will supply membrane technology to a Malaysian bioenergy company Electrical Appliances News – Henkel Launches a Polyurethane Hot Melt Adhesive to Simplify Assembly of Glass and Large Panels in H

Recently, a major announcement shook the global energy market. On April 28 local time, the UAE officially announced that it would withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the "OPEC+" mechanism starting from May 1

Yesterday, the UAE announced its withdrawal from OPEC, effective May 1. Although this decision appears sudden amid the current turmoil, viewed over a longer timeframe, it is the inevitable outcome of the UAE’s multi-year “production-increase strategy

Summary: ① The UAE announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) and the “OPEC+” framework, effective May 1, 2026—a decision that deals a blow to the oil-producing bloc and its leader, Saudi Arabia. ② The

I. Overnight Crude Oil Market Dynamics April 28: Prospects for U.S.-Iran negotiations remain unclear, with shipping through the Strait of Hormuz continuing to face disruptions, driving international oil prices higher. NYMEX WTI crude futures for June

International News Digest: Raw Materials News – Elkem Increases Prices for All Silicone Products in Europe and the Americas Automotive News - Faurecia Sells Interior Business for 1.82 Billion Euros Packaging News - Amcor's New $35 Million Plant in Ma

Mech-I-Tronic, headquartered in Italy, recently announced the acquisition of Apex Machine Co. in Fort Lauderdale, Florida, USA, and RK Ferramentaria in Curitiba, Brazil. This acquisition marks the Group’s official entry into the Americas market and r

Jointly established by the European Commission and the Circular Bio-based Europe Joint Undertaking (CBE JU)Biological Economy Investment Promotion Group (BIDG)to provide financing support for Europe’s bio-based industry. This initiative aims to redu

Europe’s automotive supply chain faces another major asset divestiture as an automotive parts supplier…Faurecia (Forvia)A deal has been reached to sell its interior business group to a fund managed by Apollo Global Management through

YKK won the prestigious 2026 Red Dot Design Award in the product design category for its 3D composite zipper pull developed in collaboration with Variloom. Variloom is a company specializing in on-demand 3D printing and forming systems. The Red Dot