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Think Tank
Chemicals & Energy: Page 45
U.S. Allowing Samsung, SK Hynix to Receive American Chipmaking Tools in China
The authorization allows the companies to continue using their China-based chipmaking operations without having to apply for licenses with the U.S. to receive new equipment.
New CII Clause Adopted by BIMCO for Voyage Charter Parties
The clause, which aims to create more collaboration between charterers and shipowners to cut carbon emissions, was adopted by BIMCO’s Documentary Committee October 11.
Toyota, Idemitsu to Mass Produce Solid-State Batteries
This comes months after Toyota claimed that it would be shifting towards using solid-state batteries after working on the technology for over a decade.
Microsoft Inks First Renewable Energy Purchase Deal in Japan
Shizen Energy Inc. signed a 20-year agreement with Microsoft to provide 25 megawatts of solar power capacity from a project in the Aichi prefecture.
Procurement’s Need for Digital Transformation in the Spotlight at DPW 2023
Digital transformation is not a project with a start and an end-date; it’s a continuous process, says David Rogers of Columbia Business School.
U.S. Producer Prices Rise by More Than Forecast on Gasoline, Food
The producer price index for final demand advanced 0.5% from August to September, marking the third-straight month of increases.
ERG Signs Deal to Sell Cobalt to American Battery Material Manufacturer
ERG will sell 3,000 metric tons of contained cobalt metal to EVelution annually, which will be used to build an Arizona-based low-carbon cobalt sulfate plant starting in 2024.
Strike Threat Averted at Top Indian Coal Producer
A previous court decision to support a legal challenge by a group of executives to proposed hikes in salaries for other workers was overturned October 10.
Chevron Australia Meeting with Unions for Mediated Talks
The unions and Chevron are scheduled to meet at 10:30 p.m. ET on October 10 for talks with Bernie Riordan, the commissioner of Australia’s Fair Work Commission.
Chevron Australia Workers Back Latest Strike Threat
Night shift workers at Chevron’s Wheatstone and Gorgon facilities elected to restart the strike during an October 6 afternoon meeting.
Aurubis to Keep European Copper Premium at Record High Next Year
The company said it has told customers it will keep the surcharge at $228 a ton ahead of the start of annual supply negotiations in London.
U.S. Going After Chinese Companies Involved in Fentanyl Supply Chain
The sanctions and charges, which were brought on by the U.S. Attorney’s Offices in Florida as well as the Federal Treasury Department on October 3, were strongly condemned by China.
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