Polytechnyl, the French subsidiary of Domo Chemicals, has been placed in receivership, affecting sites near Lyon and Valence and putting 540 jobs under uncertainty.
As of January 16, 2026, the global oil price landscape shows Brent crude around $64.05/barrel and WTI near $59.52/barrel, driven by a mix of fading geopolitical risk, solid supply signals and cautious market sentiment. Here’s a clear breakdown of today’s price movements, core drivers, and the near-term outlook for energy markets and the world economy.
Italy has opened Europe’s first industrial hub capable of fully recycling lithium-ion batteries, achieving 99.6 percent material recovery and reshaping the future of electric mobility.
Researchers have developed a plant-based biodegradable film that matches plastic’s moisture and oxygen barrier performance, opening new possibilities for sustainable packaging at scale.
The European Commission is moving quickly to stabilize the plastics recycling sector, addressing imports, energy costs, and regulatory fragmentation with new end-of-waste and chemical recycling rules.
Small modular nuclear reactors are attracting billions in investment, but a critical weakness remains. The United States no longer has the manufacturing capacity needed to deliver on nuclear’s promises.
DOMO Chemicals resumes limited production in Germany after state intervention, securing jobs, reducing environmental risks, and opening a window for restructuring during insolvency proceedings.
Oil price momentum on January 15, 2026 reflects a tug-of-war between oversupply concerns and geopolitical risk. Brent hovers near $63,60/b and WTI at $59,35/b, with key drivers shaping short-term trends and investor sentiment.
Hankook and Michelin are reshaping the tire industry through 3D printed tires, unlocking sustainability, advanced safety, customization, and new production models for future mobility.