Industry News

McCormick–Unilever Deal Signals Major Shift in Global Consumer Food Market

McCormick & Company has announced a major strategic deal with Unilever involving the acquisition of Unilever’s food business, marking a significant development in the global consumer goods and packaged food industry.

TotalEnergies and Masdar Form $2.2 Billion Renewable Energy Joint Venture in Asia

TotalEnergies has partnered with Masdar to establish a renewable energy joint venture valued at approximately $2.2 billion, aimed at accelerating clean energy deployment across key Asian markets.

Coal Usage Rises Across Asia Amid LNG Supply Disruptions

Coal-based power generation is witnessing a renewed surge across several Asian economies as countries grapple with tightening liquefied natural gas (LNG) supplies and rising fuel costs.

Lithia & Driveway Expands Portfolio with Strategic Dual Acquisition in Tennessee and Oregon

World's Largest Automotive Retailer Acquires Toyota of Gallatin and Mercedes-Benz of Medford, Adding USD 225 Million in Annualised Revenue and Entering the High-Growth Nashville Market.

Iran Conflict Sends Global Oil Prices Surging to One-Year Highs

Iran Conflict Sends Global Oil Prices Surging to One-Year Highs

Presidio Production Company Debuts on NYSE, Marking a New Era for Yield-Driven Oil & Gas Investing

Fort Worth-Based Presidio Completes USD 735 Million Business Combination with EQV Ventures, Launches as a Technology-Optimised, No-Drill Oil & Gas Operator with a 12.2% Dividend Yield

Stepan Company Closes New Jersey Surfactants Facility Amid Commodity Market Pressures

U.S.-based surfactants producer implements Project Catalyst restructuring with multi-site closures and asset decommissioning.

Solstice Advanced Materials Expands Uranium Conversion Capacity to Meet Nuclear Renaissance Demand

Illinois facility increases uranium hexafluoride production by 20% amid surging nuclear energy growth and $2 billion order backlog.

Hydrite Chemical Invests $63 Million in South Carolina Manufacturing Expansion

Chemical solutions provider establishes Southeast regional hub with greenfield facility in Laurens County.

BASF Bolsters European BDO Production Capacity Amid Antidumping Measures

European chemical giant responds to supply security concerns by expanding 1,4-butanediol output at flagship German facility.

AbbVie Commits $380 Million to Expand U.S. API Manufacturing Capabilities

Pharmaceutical giant accelerates domestic production expansion amid tariff pressures and supply chain reshoring initiatives.

Hubergroup Chemicals Unveils ELARA High-Performance Additive Brand For Global Coatings And Inks Markets

Strategic portfolio expansion marks company's transformation into comprehensive formulation partner across coatings, printing inks, and adhesives industries.

Air India And Lufthansa Group Forge Strategic Alliance To Unlock India-Europe Aviation Growth

Landmark Joint Business Partnership to Enhance Connectivity and Travel Experiences Between Two Major Economic Regions

Adani's $100 Billion Gambit: India Stakes Claim in Global AI Infrastructure Race

Indian conglomerate commits record investment to build renewable-powered AI data centers by 2035, positioning the nation as a strategic alternative to traditional computing hubs as global tech giants seek energy-efficient, regulation-friendly infrastructure beyond U.S. borders.

SOLVE Chemistry secures 5.4 USD Million to modernize chemical production, London

The funding will support the scale-up of AI-driven technology designed to accelerate and improve industrial chemical manufacturing.

Novartis Enters Landmark $1.7 Billion Licensing Agreement with SciNeuro for Next-Generation Alzheimer's Disease Therapeutics

Novartis acquires global rights to Chinese biotech's brain-penetrant antibody technology targeting amyloid beta clearance with enhanced blood-brain barrier crossing capabilities.

NVIDIA and Eli Lilly Forge Landmark USD1 Billion AI Partnership to Transform Pharmaceutical Research Through Integrated Physical AI and Robotics

Global AI computing leader and pharmaceutical giant establish first-of-its-kind co-innovation laboratory in San Francisco Bay Area combining computational power, biological expertise, and physical AI systems.

Solar Wind Hybrid Systems Market Is Anticipated To Grow At A CAGR of 7.85% By 2031

Solar Wind Hybrid Systems Market growth is driven by stringent environmental regulations and rising living standards, increasing demand for clean, reliable, and sustainable energy solutions during the forecast period 2027-2031.

Linde-Praxair Merger: What is it and How Does it Impact Global Industrial Gases Market?

With the Linde-Praxair merger almost complete, TechSci Research takes an in-depth look at how the deal impacts global industrial gases market

PNC Financial Services Group to Acquire FirstBank

PNC Financial Services Group, Inc. announced its latest move to expand nationally with a USD 4.1 billion acquisition of Colorado-based FirstBank Holding Company.