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Business & Economics

AW-Lake and KEM Flow Measurement announce merger

AW-Lake (Oak Creek, Wis.; www.aw-lake.com) and KEM Flow Measurement GmbH (Bad Kotzting, Germany; www.kemflow.com) today announced that the two companies are formally coming together as one organization, marking an important milestone in the evolution of two respected names in industrial…

Eni opens supercomputing infrastructure to support digital innovation

Eni S.p.A. (Milan, Italy; www.eni.com) announced today that it is opening up its supercomputing infrastructure to companies, start-ups and research centres, making its computational capacity, specialist expertise and advanced tools available to support the development of artificial intelligence solutions and…

Power Metals and APL Engineered Materials announce effort toward cesium supply chain

Power Metals Corp (Vancouver, B.C.; www.powermetalscorp.com) yesterday announced the signing of a non-binding Memorandum of Understanding (MOU) with APL Engineered Materials Inc. (Urbana, Ill.; www.aplmaterials.com), a privately owned company with decades of experience in cesium processing and chemical production. Amid…

Dow reports Q2 2026 results; sales up 20% year-over-year

Dow (Midland, Mich.; www.dow.com) reported its second quarter 2026 financial results, with net sales of $12.1 billion, which is up 20% year-over-year. This reflects increases in all operating segments and regions. Other financial highlights reported include the following: • Local…

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Economic Indicators: August 2026

The preliminary value for the CE Plant Cost Index (CEPCI) for May 2026 (most recent available) is higher than the previous month, continuing a string of monthly increases since last autumn, while also reaching an all-time high for the CEPCI.…

2026 CEPCI updates: May (prelim.) and April (final)

The preliminary value for the CE Plant Cost Index (CEPCI) for May 2026 (most recent available) is higher than the previous month, continuing a string of monthly increases since last autumn, while also reaching an all-time high for the CEPCI.…

Moeve Chemicals completes verification for production of low-carbon products

Moeve Chemicals (Madrid, Spain; www.moeveglobal.com) has completed the verification of its global manufacturing network for the production of Low Carbon products. Following the latest verification milestone at its Brazil and Shanghai facilities, all of the company’s production plants are now…

Coolbrook and ABB announce industrial-scale deployment of heater for cement plant in India

Coolbrook (Helsinki, Findland; www.coolbrook.com) and ABB (Zurich, Switzerland; www.abb.com) have announced the industrial delivery phase of their partnership to deliver a first-of-its-kind industrial-scale deployment of Coolbrook’s RotoDynamic Heater™ (RDH™) for Adani Cement’s Boyareddypalli Integrated Cement Plant in Andhra Pradesh, India.…

Air Products announces award for semiconductor manufacturing expansion in Taiwan

Air Products (Allentown, Pa.; www.airproducts.com), a world-leading industrial gases company, today announced Air Products San Fu has been awarded a long-term agreement to support a semiconductor manufacturer’s expansion in Taiwan. The project will supply multiple new semiconductor fabs and back-end…

Fluor Corp. awarded FEED contract for aromatics facility in Bahrain

Fluor Corp. (Irving, Tex.; www.fluor.com) announced today that it has been selected by Gulf Petrochemical Industries Company (GPIC; Sitra, Bahrain; www.gpic.com) to execute the front-end engineering and design for a new aromatics facility located in the Kingdom of Bahrain. The project…