VINACHEM

Russia has withstood the unprecedented pressure from Western sanctions, Russian President Vladimir Putin said on Monday.

In response to growing demand and stricter policy restrictions, Chinese battery makers are ramping up efforts to construct overseas factories.

Việt Nam's fertiliser import volume reached the highest in more than two years in August, according to the General Department of Customs, while prices fell over the previous year.

Continental continues to step up its activities to ensure a circular economy. Recently, the tire manufacturer added recovered carbon black (rCB) to its newly produced Super Elastic solid tires at its tire plant in Korbach, Germany, thus reducing the use of fossil raw materials and CO2 emissions.

North America is set to lead the global ammonia industry capacity additions with a share of 37% by 2030 by gaining capacity from new-build and expansion projects between 2023 and 2030, according to GlobalData.

Oil prices rose on Tuesday for a fourth consecutive session as weak U.S. shale output spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia.

Total global oil demand is set to increase in 2024 after surpassing pre COVID-19 levels this year, with the bulk of consumption growth expected to come from China, India and the Middle East, OPEC said on Tuesday.