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Argentina
Argentina’s Cement Demand Expands 8% in October
Argentina’s cement market grew 7.5 per cent year-on-year in October 2025, with total consumption reaching 968,372 tons compared with 900,698 tons in October 20…
Nigeria
Thyssenkrupp Uhde Selected by Dangote Fertilizer Ltd. To License Four Urea Granulation Units in Nigeria
thyssenkrupp Uhde Fertilizer Technology (UFT) has signed contracts with Nigeria’s Dangote Fertiliser Limited (DFL) to supply its UFT® Fluid Bed Granulation Te…
Germany
HyperStrong and LEAG to Develop 1.6GWh BESS Project in Germany
HyperStrong International, the Germany-based subsidiary of Beijing HyperStrong Technology, has signed an engineering, procurement, and construction contract wit…
Electrolyzer
Germany’s Stablegrid Selects ITM Power for 710MW Energy Projects
ITM Power has been appointed as the technology partner and electrolyser supplier by Stablegrid Group for two major hydrogen-based grid-balancing projects in Ger…
United States
Nokia Plans $4 Billion AI Investment in the United States
Nokia, the Finland-based telecommunications equipment provider, announced on Friday a planned investment of $4 billion in the United States, focused on research…
Metal
AIP Plans Sale or Listing of French Aluminium Plant, Union Says
American Industrial Partners (AIP), a U.S. investment firm, is preparing to sell or list France’s largest aluminium smelter, Aluminium Dunkerque, accordin…
Nigeria
Nigeria’s Dangote Refinery Delays CDU Maintenance to End of January 2026
Nigeria’s Dangote Refinery, Africa’s largest with a capacity of 650,000 barrels per day, has postponed planned maintenance on its primary crude dist…
SAF
Phillips 66 to Supply SAF to DHL for Three Years
Phillips 66 has secured a three-year agreement to supply DHL Group with more than 240,000 metric tons of sustainable aviation fuel (SAF). The fuel will be produ…
China
COSCO Sells Vintage VLCC for Steep Discount
COSCO Shipping has sold the 2006-built, scrubber-fitted VLCC Cosgrand Lake (299,000 dwt) for around $35 million to undisclosed buyers, shipbrokers report.The Ja…
United States
US Existing Home Sales Increase in October
U.S. existing home sales rose in October as prospective buyers capitalized on declining mortgage rates, despite ongoing challenges from elevated housing costs a…
China
Foxconn, OpenAI Partner on AI Hardware Manufacturing
Foxconn has entered into a cooperation agreement with U.S.-based OpenAI to jointly design and develop data center racks, related components, and artificial inte…
Power Construction
Siemens Energy to Invest $2.3 Billion in Power Grid Factories by 2028
Siemens Energy has announced plans to invest approximately 2 billion euros (equivalent to 2.3 billion U.S. dollars) in expanding and modernizing its worldwide p…
Armenia
Armenian Firm to Invest amd1.9bn in New Cement Plant
Dragsman Cement, an Armenian cement producer, has received government approval to invest AMD 1.9 billion (approximately US$5.0 million) in a new production line…
Gas power plant
GE Vernova to Provide H-Class CC Equipment for Kozienice Plant in Poland
Enea Group has awarded GE Vernova a contract to supply two 9HA.01 gas turbine combined-cycle blocks for a new 1.2 GW power plant at Kozienice, Poland. Commercia…
Solar Battery (Storage)
Germany’s Largest Solar Battery Storage Hybrid Plant Commissioned
Statkraft, Europe’s largest renewable energy producer, has commissioned Germany’s biggest solar-battery hybrid power plant under the Renewable Energ…
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