Donald Trump’s diplomatic mission to China comes at a critical moment for global energy markets. Rising tensions around the Strait of Hormuz and uncertainty over Iranian oil flows are driving volatility in crude prices and reshaping geopolitical alliances.
Alliance Fibres is strengthening India’s circular textile economy by launching textile-to-textile recycled polyester staple fibres and filament yarns using pre- and post-consumer textile waste while expanding its sustainable manufacturing capabilities in Gujarat.
CJ Biomaterials and Yuhan-Kimberly introduced a biodegradable reusable paper towel made with amorphous PHA technology, designed to reduce microplastics while improving durability and sustainability.
BASF is restructuring its Ultradur® portfolio with dedicated Aqua grades for drinking water applications and new BPA-free food contact grades designed to meet upcoming EU regulations effective in July 2026.
Oil prices today are being driven by growing geopolitical tensions between the United States and Iran, while China and Russia continue to influence global energy markets. Here’s what investors, businesses, and consumers need to know.
Plastic Energy, the UK-based chemical recycling company behind the TAC process, has entered administration due to liquidity issues. Its Spanish subsidiaries and recycling plants in Seville and Almería remain operational while administrators seek buyers for key assets and patents.
Aditya Birla Group is redefining technical textiles with an integrated, sustainability-focused strategy that combines advanced fibres, high-performance yarns, and circular manufacturing solutions for global industries.
Borouge International showcased its global expansion and recycling strategy at PRSE, highlighting investments in chemical recycling, recycled feedstock, and circular plastics solutions across global markets.
US-Iran War Oil Prices Surge as Strait of Hormuz Crisis Shakes Global Markets Oil Prices Stay Volatile as the US-Iran Conflict Escalates Global oil markets remain highly volatile as tensions between the United States and Iran continue to disrupt energy supply chains and shipping routes across the Middle East. Brent crude and West Texas Intermediate…