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Chemicals & Energy: Page 52

Ocean Yield Investing in Four LR1 Oil Tankers

The ships will be built with special duel-fuel engines that allow the vessels to use methanol as their main energy source.

Photo: iStock.com/nightman1965

Hanwha Ocean Secures LNG Carrier Order Worth Almost $260M

Hanwha won the contract from an undisclosed client based in Asia and will deliver the LNG tanker to the customer during the first half of 2027.

Seoul, South Korea. Photo: iStock.com/Mirko Kuzmanovic

Extreme Weather Could Hurt the Globe's Sugar Supply

Since June 2023, sugar prices have risen by 42% year-on-year with more increases expected during the second half of the year due to ongoing shortages.

Photo: iStock.com/Andrii Shablovskyi

ExxonMobil in Talks with Car and Battery Makers to Create Lithium Supply Chains

The talks with potential buyers, such as Ford, Tesla, Volkswagen, Samsung and SK On, are still in the early stages.

Indianapolis, Indiana. October 2021. Photo: iStock.com/jetcityimage

Copper Hits Three-Month High Amid Demand Hopes, Supply Risks

Copper rose as much as 1.8% to $8,821 a ton on the London Metal Exchange, the highest level since April 21.

Copper pipes. Photo: iStock.com/SimoneN

Sunak Defends U.K.'s Decision to Grant 100 North Sea Oil and Gas Licenses

Sunak said the decision to grant the licenses was the right thing to do, arguing that the choice aligns with the country’s net-zero emissions goals.

Photo: iStock.com/tifonimages

U.S. Automakers Turn to Domestic Sourcing for Innovative Battery Technology

The U.S. needs to get to a place where it's easier for factories and mines to source battery materials, says Gene Berdichevsky, the co-founder of Sila Nanotechnologies.

Lithium ion battery modules. Photo: iStock.com/Pasha Pechenkin

Defunkify Drives the Junk Out of Its Supply Chain

Defunkify was satisfied it had the business of removing odor from clothing all sewn up, but then realized it was struggling to manage operational planning, scheduling and execution capability in house. That’s when River Rock Advisors stepped in.

3 Pl 0823 30 Supply Chain Brain

Indian PM Promises Financial Assistance to Domestic Semiconductor Manufacturers

During a speech at the SemiconIndia 2023 conference, Modi highlighted the government’s commitment to making policy changes that promote the growth of the Indian semiconductor sector.

Photo: iStock.com/Liangpv

Digitizing a Global Supply Chain for Greater Readiness for Interruptions

Vulnerability to climate change in the form of storms that shut down a key partner in its supply chain prompted polymer producer Meraxis to turn to software to better manage risk and unpredictability.

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Qatar Ordering Over $9B of LNG Carriers from Three South Korean Companies

Shipping companies serving Qatar Gas are planning to sign contracts with the three shipbuilders between September and October to construct 40 LNG carriers

Klaipeda, Lithuania. Photo: iStock.com/Natallia Pershaj

Global Coal Demand Broke Records in 2022, More Growth Expected in 2023

The demand for coal increased in 2022 because it was more readily available and cheaper than gas in some parts of the world.

Photo: iStock.com/Andrzej Rostek

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

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Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

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