Breaking News - Dow Claims Over €6 BillionClariantDow Europe files a lawsuit against Clariant and three other companies for €767 million, claiming violation of competition laws in the ethylene procurement market. Clariant denies the allegations and will defend its position.
Shell Eyes BP Merger in Historic $2 Trillion Energy DealShellShell is reportedly exploring a potential acquisition of BP, a deal that could create a global energy giant worth over ￥1.97 trillion, marking one of the largest mergers in oil and gas history.
Chemical Giants Closing FactoriesCapacity NewsGlobal chemical giants like BASF, Dow, and Covestro are closing factories, triggering raw material shortages and price hikes in coatings, with major impacts on supply chains and production costs.
Oil Spill Accident at Shell TerminalNIMASAAn oil spill occurred at Shell's Bonny terminal in Nigeria on December 15, 2024, after a pipeline rupture. NIMASA is working with Shell to contain the spill's environmental impact. This follows a similar incident in Singapore in October 2024.
