Iran War Oil Prices: Brent Near $93, WTI Near $86
Iran war oil prices remain elevated, with Brent near $93 and WTI near $86 as disrupted Gulf supplies and uncertainty over the Strait of Hormuz unsettle markets.
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Shougang Cordenka Joint Venture Signals Powerful Growth—But the Deal Isn’t Final
Shougang Century and Cordenka’s controlling shareholder plan a joint venture targeting industrial rayon and the global tire supply chain.
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Indonesia Textile Recovery Gains Powerful Momentum
Indonesia’s textile industry is regaining momentum as exports, investment and production rise, but modernization will determine whether the recovery lasts.
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Breakthrough Bifacial Ladder Polymers Reach 90% Spin Polarization
Osaka researchers created bifacial ladder polymers that self-assemble into chiral films and produce spin polarization approaching 90%.
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Asahi Recycled Plastic Bottles Mark a Major Win in Australia
Asahi Beverages says every plastic soft drink bottle it produces in Australia now uses 100% recycled PET, replacing virgin plastic in around 350 million bottles annually. Caps and labels are excluded.
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Iran War Oil Prices: Why Brent Is Near $92
Brent is trading around $92 a barrel and WTI around $85 as the US-Iran war keeps the Strait of Hormuz, sanctions and disrupted Gulf exports at the center of the oil market. Here is what is driving prices and what could change next.
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Avantium FDCA Plant Advances Toward Start-Up
Avantium advances its Delfzijl FDCA plant toward start-up while expanding commercial agreements, licensing discussions and its financing plans.
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Suntory’s Bold FtoP Recycling Project Targets 400 Million Bottles in Thailand
Suntory, Indorama Ventures and Iwatani plan to introduce direct flake-to-preform recycling in Thailand. The project could supply around 400 million recycled PET bottle preforms annually from 2028.
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European Textile Giant Gutted: Lenzing Lyocell Restructuring Axes 2,000 Jobs
Lenzing launches a major global restructuring, exiting two European lyocell bases and cutting 2,000 jobs under its new strategic vision.
