Iran War Oil Prices: Brent Near $85 as Hormuz Risks Rise
Brent is trading near $85 and WTI near $80 as renewed US-Iran fighting, sanctions and disruption around the Strait of Hormuz unsettle oil markets.
Brent is trading near $85 and WTI near $80 as renewed US-Iran fighting, sanctions and disruption around the Strait of Hormuz unsettle oil markets.
Sportswear brands are testing cellulosic fibres as they seek to reduce dependence on fossil-based synthetics without sacrificing comfort or performance.
Plastipak plans to introduce a single-pellet PET resin containing 30% recycled material, designed to help packaging manufacturers simplify processing while maintaining consistent performance.
Covestro and BYD are establishing a long-term collaboration to develop advanced materials for electric vehicles, batteries, energy storage and emerging technology platforms.
Oil prices remain exposed to renewed US-Iran hostilities and disruption in the Strait of Hormuz. Here is what Brent near $80 and WTI near $75 could signal for energy markets, inflation and the global economy.
Pellenc ST’s optical sorters and artificial intelligence are helping Suez improve material recovery at the modernized Firminy sorting facility in France.
Westlake has completed the acquisition of a major PVC and VCM production site in Wilhelmshaven, strengthening its European chlorovinyls network.
APR has extended its PCR program to verify the percentage of post-consumer recycled plastic in finished and semi-finished products across the supply chain.
Researchers studying Colombian mangrove soil have identified 12 potential plastic-degrading enzymes, including salt-tolerant and possibly heat-resistant candidates.