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Kolmar Korea Wins CES 2026 “Best of Innovation” Award in Beauty Tech

Kolmar Korea announced that its AI-powered scar care and cosmetic device has been honored with the prestigious “Best of Innovation” Award in the Beauty Tech category at CES 2026—the world’...

£150 Million Investment Secures UK’s Last Steam Cracker at Grangemouth

INEOS has announced a £150 million (approximately ¥1.4 billion RMB) investment in its Grangemouth chemical complex in Scotland—the UK’s only remaining steam cracker—ensuring the site’s c...

DeepSeek Kicks Off 2026 with New Research Paper Introducing the mHC Architecture

On January 1, 2026, DeepSeek announced the release of a new research paper proposing a novel neural network architecture called mHC (manifold-constrained HyperConnection). The work aims to address...

OPEC+ Increases Production, U.S. Shale Oil Under Pressure

Recently, OPEC+ announced plans to increase oil production, causing international oil prices to fall accordingly. This move has sparked widespread market discussion regarding its motivations and e...

Goodyear Sells Chemical Business for $650 Million

On May 22, U.S. tire giant The Goodyear Tire & Rubber Company announced the sale of the majority of its chemical business to Gemspring Capital Management. The transaction is expected to be com...

LyondellBasell to Sell Four Olefins and Polyolefins Assets in Europe

LyondellBasell announced on June 5 that it has reached an agreement with private equity firm Aequita to enter into exclusive negotiations for the sale of four olefins and polyolefins assets in Eur...

EU to fully ban imports of Russian natural gas by autumn 2027

The Council of the European Union announced on its website on the 3rd that the EU will fully ban imports of Russian natural gas starting in autumn 2027.The announcement stated that representatives...

LG Chem Joins Hands with Haier to Establish Joint Laboratory

On December 1, LG Chem announced a strategic partnership with Haier Smart Home Co., Ltd. (hereinafter referred to as "Haier Smart Home") to establish a joint laboratory aimed at strengthening new ...