Category: 3. Business

  • Today in Energy – U.S. Energy Information Administration (EIA)

    Today in Energy – U.S. Energy Information Administration (EIA)

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    In-brief analysis

    Oct 9, 2025





    We estimate crude oil inventories in China increased by about 900,000 barrels per day (b/d) between January and August this year, essentially acting as a source of demand by removing barrels from the global markets. The stock builds in China limited the downward price pressure we would otherwise expect to see with growing inventories, keeping the Brent crude oil spot prices in a relatively tight range around $68 per barrel (b) in the second and third quarters of 2025.

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    In-brief analysis

    Oct 7, 2025



    weekly U.S. propane inventories


    The United States is well stocked with propane heading into the winter. For the week ending September 26, U.S. propane inventory was 103 million barrels, about 13 million barrels more than the previous five-year average for this time of year, based on data in our Weekly Petroleum Status Report.

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    In-brief analysis

    Oct 6, 2025



    daily Brent crude oil price



    Data source: CME Group, Bloomberg L.P.
    Note: 3Q25=third quarter of 2025



    Crude oil prices were relatively stable in the third quarter of 2025 (3Q25), ending the quarter just 9 cents per barrel (b) less than they started, while refinery margins increased to their highest levels so far this year. In this quarterly update, we review petroleum markets price developments in 3Q25, covering crude oil prices and refinery margins.

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    In-brief analysis

    Oct 3, 2025



    annual value of selected energy trade between the United States and Mexico


    The value of all energy trade between the United States and Mexico was estimated to be $57 billion in 2024, down from nearly $72 billion in 2023, according to data from the U.S. Census Bureau. A combination of lower petroleum output from Mexico and lower fuel prices, particularly for petroleum products that make up the bulk of the cross-border energy trade between the two countries, drove most of the decrease.

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    In-brief analysis

    Oct 1, 2025



    total energy consumption, top three states


    In 2023, Texas consumed more energy than any other state. Total energy consumption in Texas was twice as much as in California, the second-highest consuming state, and more than three times as much as in Florida, the third-highest consuming state, according to recently released data in our State Energy Data System (SEDS). U.S. total energy use peaked in 2007, and between 2007 and 2023, Texas’s energy consumption increased 21%, while U.S. energy use decreased 5%. According to our SEDS data, most of the energy consumption growth in Texas is attributable to increased industrial activity, population, and electricity demand.

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    Tags:
    residential, commercial, transportation, consumption/demand, coal, natural gas, nuclear, renewables, Texas, liquid fuels, Florida, California, oil/petroleum, industrial, states, electricity, generation


    In-brief analysis

    Sep 29, 2025



    SPP and MISO monthly electric power sector electricity generation


    Two electricity markets in the Midwest still generate more electricity from coal than from natural gas in at least some months of the year: Southwest Power Pool (SPP) and the Midcontinent Independent System Operator (MISO). We expect these two regions will generate more electricity from coal than from natural gas in some upcoming winter months, based on forecasts in our latest Short-Term Energy Outlook.

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    In-brief analysis

    Sep 26, 2025



    electricity generating capacity in Brazil


    Growth in distributed solar generation capacity has driven growth in total electricity generation capacity in Brazil since 2019. Distributed solar generation capacity grew from less than 1 gigawatt (GW) in 2018 to 40 GW in 2025 through June, accounting for 43% of all electricity capacity additions over that period.

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    In-brief analysis

    Sep 24, 2025



    U.S. total distillate inventories, end of year


    Data source: U.S. Energy Information Administration, Short-Term Energy Outlook (STEO), September 2025
    Note: Total distillate inventories include distillate fuel oil, renewable diesel, and biodiesel inventories.



    In our September Short-Term Energy Outlook, we forecast U.S. total distillate inventories to end 2025 and 2026 at lower levels than previous years because of significant inventory draws in 2025, strong export demand, and domestic production declines stemming from refinery closures. In the weeks since the publication of this forecast, U.S. distillate inventories have increased substantially, but they remain relatively low. Distillate fuel oil includes both diesel fuel used in vehicles and home heating oil. Lower distillate inventories elevate the risk of higher prices and price volatility from supply disruptions, especially during periods of high demand like the autumn harvest and winter heating season.

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    In-brief analysis

    Sep 22, 2025



    U.S. utility-scale battery capacity


    In our annual survey of power plant activity, we ask operators of utility-scale batteries how they are using their systems, and one use case is increasingly prevalent: price arbitrage. Arbitrage involves buying electricity when prices are relatively low and selling that electricity when prices are high.

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    In-brief analysis

    Sep 19, 2025



    daily net interchange between the New England Independent System Operator, New York Independent System Operator, with Canada


    Over the past few years, net electricity inflows from Canada into New York (New York Independent System Operator, or NYISO) and New England (Independent System Operator of New England, or ISO-NE) have decreased. We identified this trend in an analysis in 2024, and the trend has continued through the first eight months of 2025. From January through August 2025, daily net electricity imports from Canada into ISO-NE averaged less than 40% of those occurring over the same months in 2022. During the same period, NYISO and Canada net trade fell to 25% what it was during the same months of 2022.

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    In-brief analysis

    Sep 17, 2025



    maritime diesel and gasoil imports into Europe



    Data source: Vortexa Analytics
    Note: Europe includes countries in the European Union, Norway, Switzerland, and the United Kingdom.


    In early 2023, the European Union implemented a ban on seaborne imports of diesel fuel, commonly called gasoil, from Russia following Russia’s full-scale invasion of Ukraine the previous year. The ban reoriented trade flows as Europe imported more diesel from the Middle East and the United States rather than Russia. This summer, Europe’s increased reliance on imports from the Middle East, coupled with conflict-related disruptions to refineries and escalating geopolitical tensions, contributed to a tightened global diesel market.

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    In-brief analysis

    Sep 15, 2025



    change in per capita carbon dioxide emissions in selected states


    Per capita CO2 emissions from primary energy consumption decreased in every state from 2005 to 2023, according to recently released data in our State Energy Data System. Total energy-related CO2 emissions in the United States fell 20% over that time, and the population grew by 14%, leading to a 30% decrease in per capita CO2 emissions.

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    In-brief analysis

    Sep 11, 2025

    The article has been corrected to fix a data error



    monthly average natural gas spot prices at Northwest Sumas



    Data source: Natural Gas Intelligence
    Note: Prices are adjusted for inflation based on June 2025 Bureau of Labor Statistics’ Consumer Price Index data.


    Monthly average natural gas spot prices in the northwestern United States reached historic lows in 2025, as ample supply from Canada coincided with subdued regional demand for natural gas-fired electricity. At Northwest Sumas, a key pricing hub for natural gas in the U.S. Pacific Northwest, the daily spot price averaged $1.59 per million British thermal units (MMBtu) in 2025 through August and reached its lowest ever monthly average price of $0.56/MMBtu in June, according to data from Natural Gas Intelligence. The monthly average price for the first eight months of this year is the lowest for this period of any year since at least 1999, and it is about 17% lower than in this same period in 2024.

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    In-brief analysis

    Sep 9, 2025



    annual natural gas balance, selected countries in the Eastern Mediterranean



    Data source: U.S. Energy Information Administration, International Energy Statistics database; The Energy Institute’s 2025 Statistical Review of World Energy
    Note: The natural gas balance estimate is calculated by subtracting each country’s annual natural gas consumption from its respective annual natural gas production.



    In August 2025, Egyptian firm Blue Ocean Energy struck a $35 billion deal with partners in the Chevron-operated Leviathan field offshore of Israel to import more natural gas from Israel, the latest move by Egypt to meet natural gas demand that is outpacing domestic production. In our latest update to the Eastern Mediterranean Energy briefing, we discuss the drivers behind Egypt’s dwindling natural gas supply and analyze the natural gas dynamics in the region.

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    In-brief analysis

    Sep 4, 2025



    U.S. imports of biodiesel and renewable diesel in the first half of the year


    U.S. imports of biodiesel and renewable diesel significantly decreased in the first half of 2025 (1H25) compared with the same period in previous years. This decline is primarily due to the loss of tax credits for imported biofuels and generally lower domestic consumption of these fuels.

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  • Intel Unveils Panther Lake Architecture: First AI PC Platform Built on 18A :: Intel Corporation (INTC)

    Intel Unveils Panther Lake Architecture: First AI PC Platform Built on 18A :: Intel Corporation (INTC)






    Panther Lake will enter high-volume production at Intel’s newest fab in Arizona later this year as company invests in strengthening U.S. technology and manufacturing leadership.

    NEWS HIGHLIGHTS

    • Intel previews Intel® Core™ Ultra series 3 processors, (code-named Panther Lake) – the first client SoCs built on Intel 18A.

    • Panther Lake is already in production, on track to meet customer commitments, and poised to become the industry’s most widely adopted PC platform.

    • First look at Intel® Xeon® 6+ (code-named Clearwater Forest), Intel’s next-gen server product on 18A, is delivering major power and performance gains.

    • Intel 18A is the most advanced semiconductor node developed and manufactured in the United States.

    • Arizona’s Fab 52 is fully operational and set to reach high-volume production using Intel 18A later this year, strengthening U.S. technology and manufacturing leadership.

    CHANDLER, Ariz.–(BUSINESS WIRE)–
    Today Intel revealed the architectural details for the company’s next generation client processor Intel Core Ultra series 3 (code-named Panther Lake) which is expected to begin shipping later this year. Panther Lake is the company’s first product built on Intel 18A, the most advanced semiconductor process ever developed and manufactured in the United States.

    This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251009013156/en/

    Intel CEO Lip-Bu Tan holds a wafer of CPU tiles for the Intel Core Ultra series 3, code-named Panther Lake, outside the Intel Ocotillo campus in Chandler, Arizona. Panther Lake is the first client system-on-chips (SoCs) built on the Intel 18A process node. (Credit: Intel Corporation)

    Intel also previewed Xeon 6+ (code-named Clearwater Forest), its first Intel 18A-based server processor, which is expected to launch in the first half of 2026. Both Panther Lake and Clearwater Forest, as well as multiple generations of products built on Intel 18A, are being manufactured at Fab 52, Intel’s new, state-of-the-art factory in Chandler, Arizona – a key milestone as Intel invests in strengthening American technology and manufacturing leadership and building a resilient semiconductor supply chain.

    “We are entering an exciting new era of computing, made possible by great leaps forward in semiconductor technology that will shape the future for decades to come,” said Intel CEO Lip-Bu Tan. “Our next-gen compute platforms, combined with our leading-edge process technology, manufacturing and advanced packaging capabilities, are catalysts for innovation across our business as we build a new Intel. The United States has always been home to Intel’s most advanced R&D, product design and manufacturing – and we are proud to build on this legacy as we expand our domestic operations and bring new innovations to the market.”

    Panther Lake: Scalable AI PC Performance Built on 18A

    Set to power a broad spectrum of consumer and commercial AI PCs, gaming devices and edge solutions, Intel Core Ultra series 3 processors are the first client system-on-chips (SoCs) built on Intel 18A. Panther Lake introduces a scalable, multi-chiplet architecture that offers partners unprecedented flexibility across form factors, segments and price points.

    Highlights include:

    • Lunar Lake-level power efficiency and Arrow Lake-class performance.1

    • Up to 16 new performance-cores (P-cores) and efficient-cores (E-cores) delivering more than 50% faster CPU performance vs. previous generation.2

    • New Intel® Arc™ GPU with up to 12 Xe cores delivering more than 50% faster graphics performance vs. previous generation.3

    • Balanced XPU design for next-level AI acceleration with up to 180 Platform TOPS (trillions of operations per second).4

    Beyond the PC, Panther Lake will extend to edge applications including robotics. A new Intel Robotics AI software suite and reference board enables customers with sophisticated AI capabilities to rapidly innovate and develop cost-effective robots using Panther Lake for both controls and AI/perception.

    Panther Lake will begin ramping high-volume production this year, with the first SKU slated to ship before the end of the year and broad market availability starting January 2026.

    Clearwater Forest: Efficiency and Scale for the Modern Data Center

    Clearwater Forest is Intel’s next generation E-core processor. Branded Intel Xeon 6+, this processor is the most efficient server processor the company has ever created and is built on Intel 18A. Intel plans to launch Xeon 6+ in the first half of 2026.

    Highlights include:

    • Up to 288 E-cores.

    • 17% Instructions Per Cycle (IPC) uplift over prior generation.

    • Considerable gains in density, throughput and power efficiency.

    Tailored for hyperscale data centers, cloud providers, and telcos, Clearwater Forest enables organizations to scale workloads, reduce energy costs, and power more intelligent services.

    Intel 18A: U.S. Technology Setting New Industry Standards

    Intel 18A is the first 2-nanometer class node developed and manufactured in the United States, delivering up to 15% better performance per watt and 30% improved chip density compared to Intel 35. The node was developed, qualified for manufacturing and began early production at the company’s Oregon location and is now ramping toward high-volume production in Arizona.

    Key innovations on Intel 18A include:

    • RibbonFET: Intel’s first new transistor architecture in over a decade, enabling greater scaling and more efficient switching for improved performance and energy efficiency.

    • PowerVia: A groundbreaking backside power delivery system, enhancing power flow and signal delivery.

    Additionally, Foveros, Intel’s advanced packaging and 3D chip stacking technology, enables the stacking and integration of multiple chiplets into advanced SoC designs, delivering flexibility, scalability and performance at the system level.

    Intel 18A forms the foundation for at least three upcoming generations of Intel’s client and server products.

    Fab 52: Building on Intel’s Five Decades of U.S. R&D and Manufacturing Investment

    Fab 52 is Intel’s fifth high-volume fab at its Ocotillo campus in Chandler, Arizona. This facility produces the most advanced logic chips in the United States and is part of the $100 billion Intel is investing to expand its domestic operations.

    With advanced R&D and production in Oregon, high-volume fabrication in Arizona, and packaging operations in New Mexico, Intel is uniquely positioned to support key national priorities and provide strategic capacity for Intel Foundry customers. Fab 52 builds upon Intel’s 56 years of U.S. R&D and manufacturing advancement and marks a major milestone as the company builds a trusted leading-edge U.S. foundry for the AI era.

    More Context: What is x86 Architecture? A Primer to the Foundation of Modern Computing

    For all claims, see intel.com/performanceindex for additional details. Results may vary.

     

    1 As estimated by SPECrate®2017_int_base (n copies) for long-term expected steady state processor power consumption. As of September 2025. Results may vary. See intel.com/performanceindex for details.

    2 As estimated by SPECrate®2017_int_base (n copies). As of September 2025. Results may vary. See intel.com/performanceindex for details.

    3 As measured on Panther Lake reference validation platform measurement vs Lunar Lake and Arrow Lake-H reference validation platforms as measured by 3Dmark Solar Bay, Cyberpunk 2077 and Borderlands 3.

    4 Based on product specification. See ark.intel.com for more information.

    5 Based on Intel internal analysis comparing Intel 18A to Intel 3 as of February 2024. Results may vary. https://www.intel.com/content/www/us/en/foundry/process/18a.html

    Forward-Looking Statements

    This release contains forward-looking statements that involve a number of risks and uncertainties. Words such as “accelerate”, “achieve”, “aim”, “ambitions”, “anticipate”, “believe”, “committed”, “continue”, “could”, “designed”, “estimate”, “expect”, “forecast”, “future”, “goals”, “grow”, “guidance”, “intend”, “likely”, “may”, “might”, “milestones”, “next generation”, “objective”, “on track”, “opportunity”, “outlook”, “pending”, “plan”, “position”, “possible”, “potential”, “predict”, “progress”, “ramp”, “roadmap”, “seek”, “should”, “strive”, “targets”, “to be”, “upcoming”, “will”, “would”, and variations of such words and similar expressions are intended to identify such forward-looking statements, which may include statements regarding:

    • Our Intel® Core™ Ultra processors series 3 (code-named Panther Lake) and Intel® Xeon® 6+ processors (code-named Clearwater Forest), including expected timing, industry adoption and applicability, architecture, specifications, power usage, efficiency, performance, and capabilities; and

    • Our Intel 18A process node and high-volume production of such node at Arizona Fab 52, including expected timing, performance-per-watt, chip density, energy efficiency, process leadership, usage for future client and server products, and domestic manufacturing investments.

    Such statements involve many risks and uncertainties that could cause our actual results to differ materially from those expressed or implied, including those associated with:

    • The high level of competition and rapid technological change in our industry;

    • The significant long-term and inherently risky investments we are making in R&D and manufacturing facilities that may not realize a favorable return;

    • The complexities and uncertainties in developing and implementing new semiconductor products and manufacturing process technologies;

    • Our ability to time and scale our capital investments appropriately and successfully secure favorable alternative financing arrangements and government grants;

    • Implementing new business strategies and investing in new businesses and technologies;

    • Changes in demand for our products;

    • Macroeconomic conditions and geopolitical tensions and conflicts, including geopolitical and trade tensions between the U.S. and China, the impacts of Russia’s war on Ukraine, tensions and conflict affecting Israel and the Middle East, and rising tensions between mainland China and Taiwan;

    • The evolving market for products with AI capabilities;

    • Our complex global supply chain supporting our manufacturing facilities and incorporating external foundries, including from disruptions, delays, trade tensions and conflicts, or shortages;

    • Recently elevated geopolitical tensions, volatility and uncertainty with respect to international trade policies, including tariffs and export controls, impacting our business, the markets in which we compete and the world economy;

    • Product defects, errata and other product issues, particularly as we develop next-generation products and implement next-generation manufacturing process technologies;

    • Potential security vulnerabilities in our products;

    • Increasing and evolving cybersecurity threats and privacy risks;

    • IP risks including related litigation and regulatory proceedings;

    • The need to attract, retain, and motivate key talent;

    • Strategic transactions and investments;

    • Sales-related risks, including customer concentration and the use of distributors and other third parties;

    • Our significantly reduced return of capital in recent years;

    • Our debt obligations and our ability to access sources of capital;

    • Complex and evolving laws and regulations across many jurisdictions;

    • Fluctuations in currency exchange rates;

    • Changes in our effective tax rate;

    • Catastrophic events;

    • Environmental, health, safety, and product regulations;

    • Our initiatives and new legal requirements with respect to corporate responsibility matters; and

    • Other risks and uncertainties described in this release, our 2024 Form 10-K, our Q1 2025 Form 10-Q, our Q2 2025 Form 10-Q, and our other filings with the SEC.

    Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made in this release and in other documents we file from time to time with the SEC that disclose risks and uncertainties that may affect our business.

    The forward-looking statements in this release are based on management’s expectations as of the date of this release, unless an earlier date is specified, including expectations based on third-party information and projections that management believes to be reputable. We do not undertake, and expressly disclaim any duty, to update such statements, whether as a result of new information, new developments, or otherwise, except to the extent that disclosure may be required by law.

    About Intel

    Intel (Nasdaq: INTC) designs and manufactures advanced semiconductors that connect and power the modern world. Every day, our engineers create new technologies that enhance and shape the future of computing to enable new possibilities for every customer we serve. Learn more at intel.com.

    © Intel Corporation. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.

    Cory Pforzheimer

    Cory.pforzheimer@intel.com

    Source: Intel Corporation

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  • Opening remarks by Vice Chair for Supervision Bowman at the Community Bank Conference

    Opening remarks by Vice Chair for Supervision Bowman at the Community Bank Conference

    Good morning, everyone and welcome. It’s a privilege to be here today at the Federal Reserve Board with so many of our nation’s community bank CEOs. I want to start by thanking our bankers for the essential work you do every day—serving your communities, supporting small businesses and families and keeping local economies strong and growing. Today’s event provides us an opportunity to come together and discuss the future of community banking.

    This great nation hosts the largest and most effective financial system in the world, ensuring that capital flows to those who need it and can put it to productive use. I think of community banks as the foundation of our financial system. You are often the first call for small businesses seeking to grow, for families looking to buy homes, and for anyone seeking to achieve their financial goals. At a time of rapid technological change, a shifting regulatory landscape, and evolving consumer expectations, your work has never been more vital or more challenging.

    The purpose of this conference is about looking ahead, at the opportunities, risks and innovations that will shape the future of community banking. It’s also about telling the community bank story: not only the services you provide and impact you have in your communities but also the value of having strong, profitable and well-managed companies as the foundation of the banking system. There’s a story to tell here and we want to ensure community banks tell it and create their own their narrative.

    This conference brings together more than a hundred community bank CEOs in person and many more attending virtually. Our panels will include CEOs from across our diverse financial system. I look forward to hearing directly from these leaders to share what they are seeing—emerging trends, economic shifts and innovations that are shaping the financial system, including the impact of artificial intelligence and fraud, and which may affect your businesses. This conference also brings a broader perspective, from our Treasury Secretary Scott Bessent, to new technologies with Paxos CEO Chad Cascarilla to private credit and global outlook with Blackstone CEO Stephen Schwarzman, and consumer digital platforms with Robinhood CEO Vlad Tenev. These leaders will help us think more broadly about how economic and industry developments intersect with community banking.

    Another special guest joining us today is CNBC host Jim Cramer, who will moderate a panel of experienced community bank CEOs who have a combined century of banking leadership. Today, we will showcase how community bankers have consistently adapted, innovated, and outperformed while staying true to their mission. These efforts do not necessarily make headlines on the front page of the business section, but they should. And there’s no one better to help elevate the community bank narrative and amplify the value that community banks bring to America’s economy than CNBC’s Jim Cramer.

    Finally, we will also host a traditional policy panel, featuring community bank CEOs discussing capital and liquidity regulation. This session will provide an opportunity for a thoughtful, candid discussion about how our regulatory frameworks affect your institutions and your ability to serve your communities. These conversations are essential to help shape our thinking and inform how we as regulators work to ensure that policies are effective, fair, and balanced.

    The goal and the theme running through all of today’s panels is clear: there is tremendous support from the public and private sector for a strong, resilient, thriving community banking industry. Each of our sessions today reflects a shared belief in the importance of community banks to America’s economic future.

    Thank you for being with us today. Now I would like to thank our Treasury Secretary Scott Bessent for taking time from his busy schedule to be here to discuss community banking, and I will now invite him to share his insight with us.

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  • Klaus Kreipe assumes new role as Head of ContiTech’s Surface Solutions business area

    Klaus Kreipe assumes new role as Head of ContiTech’s Surface Solutions business area

    Kreipe began his career at Continental in 2001 as a development engineer in Hannover, Germany. Over the past two decades, he has held several leadership positions across Europe and Asia, including General Manager of Continental Tires (Shanghai) Co. Ltd., Vice President Marketing & Sales for Asia Pacific, and Head of Original Equipment Truck and Bus Tires. Between 2014 and 2016, he also served as CEO of Eurofit Group, later joining its Advisory Board until 2025.

    Kreipe studied Mechanical Engineering with a focus on Automotive Engineering at the Technische Universität Braunschweig, where he graduated as Diplom-Ingenieur.
    The Surface Solutions business area of ContiTech delivers high-performance surface materials for a wide range of industries, including automotive, furniture, and industrial applications.

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  • Braskem unveils bio-based product innovations at K 2025

    Braskem unveils bio-based product innovations at K 2025


    Braskem’s collaboration with Dutch innovators Bottle Up and Eurobottle brings bio-based materials into practical, reusable designs.



    Braskem, a market leader in the production of biopolymers on an industrial scale, is currently at K 2025, the world’s leading trade fair for plastics and rubber in D



    üsseldorf, Germany. On the opening day, Braskem showcased a new generation of bio-based and circular product solutions aimed at accelerating the transformation of the plastics industry. Under its sustainable portfolio, Braskem is revealing product launches and partnerships that bring sustainability and innovation to life across packaging, healthcare, hygiene, and consumer goods.





    “K 2025 is the ideal platform to show how our innovations are ready for real-world application,” said Walmir Soller, VP Olefins/Polyolefins North America, Europe, and Asia. “We’re not just testing the market; we’re scaling up solutions that combine technical performance with environmental benefits.”




    New product launches



    MDO film with I’m greenTM



     bio-based PE



    Braskem introduces a new application of Machine Direction-Oriented (MDO) technology using bio-based polyethylene derived from ethanol, made with sugarcane. These films deliver enhanced stiffness, optical properties, and recyclability, enabling mono-material packaging such as flow packs, MDO labels, and stand-up pouches. The use of MDO films enables the development of structures that are more aligned with the circular economy, while still meeting performance requirements. The MDO films are developed in collaboration with Cazoolo, Braskem’s circular packaging design lab, and converter FCO Group.



    Medcol: I’m greenTM



     bio-based LDPE for healthcare



    Under the Medcol brand, Braskem presents a low-density polyethylene designed for pharmaceutical applications such as blow-fill-seal processes, like plastic ampoules with twist-off caps. The material meets regulatory requirements without additives and offers improved temperature resistance and flowability. Its updated Life Cycle Assessment study (2023) shows a carbon footprint of -2.27 kgCO



    ²e per kg, reinforcing its sustainability profile within healthcare packaging.



    I’m greenTM



     bio-based HDPE for non-wovens



    Braskem introduces the I’m greenTM bio-based high-density polyethylene specifically developed for the non-wovens market. Designed for hygiene and bi-component fiber applications such as diapers, this HDPE offers low gel levels, excellent processing stability, improved heat resistance, and great color stability. It performs well in both bi-component spunbond and mono-component spunbound processes, ensuring reliability in high-performance hygiene applications. According to a 2023 updated Life Cycle Assessment study, the material has a carbon footprint of -2.01 kgCO



    ²e per kg, underscoring its contribution to more sustainable hygiene product solutions.



    EVA 21%: ultra-soft I’m greenTM



     bio-based foam



    Braskem presents a new I’m greenTM bio-based ethylene-vinyl acetate (EVA) containing 21% vinyl acetate, offering significantly improved softness and flexibility compared to lower VA grades. This material is particularly well-suited for footwear applications, especially soles and insoles that require enhanced comfort and performance. As part of Braskem’s I’m greenT bio-based portfolio, this EVA combines functional advantages with a renewable origin, making it a sustainable alternative for high-quality consumer goods.




    Featured applications at the booth



    Polytan: a leading German manufacturer of high-performance sports surfaces, is using Braskem’s I’m greenTM



     bio-based polyethylene to bring sustainability to its advanced turf technologies. The Poligras Paris GT zero, the world’s first carbon-zero synthetic hockey turf, was prominently featured during the Paris 2024 Olympic Games, setting a new benchmark for sustainable sports infrastructure. In football, the LigaTurf Cross GT zero system offers a fully recyclable and multifunctional turf solution that supports eco-friendly organic infills and meets elite performance standards – all while helping reduce carbon emissions.



    bottle up & Eurobottle: reusable bottles made from I’m greenTM



     bio-based PE.



    bottle up, based in Amsterdam, Netherlands, offers stylish, refillable bottles designed to reduce plastic waste and lower carbon emissions using renewable materials. Eurobottle, from Dronten, Netherlands, has over 30 years of experience producing durable, reusable sports bottles



    -now completely bio-based to support a circular future.



    Together, these partners show how everyday products can combine design, durability, and climate-friendly materials.



    Veja: Veja, the French footwear and accessories brand, created a sneaker with internal layers, made with I’m greenTM



     bio-based materials. This product highlights how bio-based plastics can be seamlessly integrated into premium consumer products without compromising on design or performance.




    Strategic partnerships



    In collaboration with leading machine manufacturers, Braskem is leveraging strategic partnerships to demonstrate the performance of its polymers’ technologies across a variety of transformation processes. Live demonstrations at partner booths will showcase the practical application of these materials, emphasizing their role in driving innovation and sustainability within the industry. These partnerships underscore the importance of seamless integration between equipment, processing methods, and polymers portfolios. By aligning technological capabilities, Braskem and its partners are enabling more efficient, forward-thinking solutions tailored to the evolving needs of the market. It is possible to find Braskem’s polymers at Euro Machinery (Hall 11, I46), Dr. Boy (Hall 13, A43), and Carnevalli (Hall 16, C170).




    Service – Braskem at the K 2025 Fair



    Date: 8 to 15 October 2025



    Booth location: Hall 6 – Stand D27


     


    ABOUT BRASKEM


    Braskem is a global, human-oriented petrochemical company with a forward-looking approach, cultivating strong relationships and generating value for all. Offering sustainable chemical and plastic solutions to improve people’s lives, the company has a comprehensive portfolio of plastic resins and chemical products for various sectors, including food packaging, construction, industrial, automotive, agribusiness, healthcare, and hygiene, among others. Braskem believes that disruptive innovation is the only path to establishing a new relationship with the planet. That’s why it chooses to act in the present, promoting plastic circularity and driving the revolution of bio-based materials. With 40 industrial units in Brazil, the U.S., Mexico, and Germany, the company exports its products to customers in over 70 countries through its 8,500 team members who operate globally under a management model that demonstrates a commitment to ethics, compliance with regulations in all countries, and respect for responsible comp

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  • New Joule Agents and Embedded Intelligence Supercharge Business Returns Across the Enterprise – SAP News Center

    1. New Joule Agents and Embedded Intelligence Supercharge Business Returns Across the Enterprise  SAP News Center
    2. SAP Jumps Ahead In AI Agents With Joule, HCM Features, And More  Josh Bersin
    3. SAP’s Supply Chain Orchestration to Predict and Prevent Disruptions  Supply & Demand Chain Executive
    4. The Next Generation of SAP Ariba: Empowering Procurement  Procurement Magazine
    5. SAP opens data pipeline to Google Cloud  CIO Dive

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  • MEDIA ADVISORY: Stellantis to Announce Third Quarter 2025 Shipments and Revenues on October 30

    MEDIA ADVISORY: Stellantis to Announce Third Quarter 2025 Shipments and Revenues on October 30

    AMSTERDAM – Stellantis N.V. announced today that its Third Quarter 2025 Shipments and Revenues will be released on Thursday, October 30, 2025.

    A live webcast and conference call for the Third Quarter Shipments and Revenues will begin at 1:00 p.m. CET / 8:00 a.m. EDT on Thursday, October 30, 2025.

    The related press release and presentation materials are expected to be posted under the Investors section of the Stellantis corporate website at approximately 8 a.m. CET / 3 a.m. EDT on Thursday, October 30, 2025.

    Details for accessing this presentation are available under the Investors section of the Stellantis corporate website. For those unable to participate in the live session, a recorded replay will be accessible following the event.

     

     

    About Stellantis

    Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is a leading global automaker, dedicated to giving its customers the freedom to choose the way they move, embracing the latest technologies and creating value for all its stakeholders. Its unique portfolio of iconic and innovative brands includes Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. For more information, visit www.stellantis.com.

     

     


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  • Apnimed to Participate in the 5th Annual Needham Private Biotech and MedTech Company Virtual 1×1 Forum

    Apnimed to Participate in the 5th Annual Needham Private Biotech and MedTech Company Virtual 1×1 Forum

    CAMBRIDGE, Mass., Oct. 9, 2025 /PRNewswire/ — Apnimed, Inc., a pharmaceutical company building the industry-leading portfolio of first-in-class oral drugs that address the root causes of obstructive sleep apnea (OSA) and other sleep-related breathing diseases, today announced that management will be participating in the 5th Annual Needham Private Biotech and MedTech Company Virtual 1×1 Forum taking place October 14-15, 2025.

    Apnimed will be hosting investor meetings virtually on Tuesday, October 14, and Wednesday, October 15.

    About Apnimed
    Apnimed is a privately held, clinical-stage pharmaceutical company based in Cambridge, Massachusetts, dedicated to transforming the treatment landscape for sleep-related breathing diseases. We believe the introduction of simple, once-nightly oral drugs may dramatically expand diagnosis and the reach of treatment for people with OSA. OSA, like other common chronic diseases such as diabetes or hypertension, would benefit from having multiple drugs with differing mechanisms to more fully address the heterogeneity of disease pathophysiology. Apnimed envisions a new era where novel oral therapies simplify intervention, expand the reach of diagnosis and treatment, and help more people get the oxygen and restorative sleep needed to thrive.

    Apnimed is advancing a robust pipeline of oral pharmaceutical product candidates designed to improve oxygenation in individuals living with OSA and other chronic sleep-related breathing diseases. Our lead candidate, AD109, could become the catalyst for a new oral treatment paradigm for OSA that has been historically limited to cumbersome devices or invasive surgeries. Apnimed is also developing several therapies as part of its joint venture with Shionogi & Co., Ltd., Shionogi-Apnimed Sleep Science.

    Learn more at apnimed.com or follow us on X and LinkedIn.

    Media Contact:
    [email protected]

    Investor Contact:
    [email protected]

    SOURCE Apnimed, Inc.

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  • Tietoevry signs strategic multi-country agreement with Entercard

    Tietoevry signs strategic multi-country agreement with Entercard

    Tietoevry Industry has further deepened its Nordic collaboration by entering into a new multi-country agreement with Entercard, one of the region’s foremost credit card providers.

    Owned by Swedbank, Entercard has selected Tietoevry Industry to support its continued digital transformation across Norway, Sweden, Danmark and Finland. The five-year agreement (4+1), valued at approximately EUR 15–17 million, encompasses the delivery of Tietoevry’s advanced Multichannel services, alongside smart complementary solutions designed to accelerate Entercard’s digitalisation journey  

    “We are pleased to extend our partnership with Tietoevry. Having a trusted partner that can support us across Norway, Sweden, Finland, and beyond makes it easier for us to streamline operations and provide a consistent, high-quality experience to our customers throughout the Nordics. We look forward to continuing our collaboration and jointly developing services that meet both current and future needs,” said Geir Broum, Chief Information Officer, Entercard.  

    Smart communication and invoice distribution 

    Tietoevry Industry’s Multichannel platform is a robust document processing solution that enables efficient, flexible customer communication. It ensures that invoices, documents, and messages are delivered via the customer’s preferred channel – whether digital or physical – by integrating with digital mailboxes, payment services, and print providers. This empowers Entercard to optimise communication flows, reduce operational costs, and enhance customer experience. 

    This agreement reinforces Tietoevry’s position as a trusted digital partner within the Nordic financial services sector, delivering value-added solutions that drive both digital innovation and cost efficiency. 

    “We are proud to continue our long-standing partnership with Entercard. This agreement underscores our commitment to supporting their operations across the Nordics with reliable, forward-looking digital solutions. By working closely together, we help Entercard optimise communication and invoice processes while ensuring services are tailored to local markets and future-ready,” said Johan Enger Nygaard, Managing Director, Tietoevry Industry. 

    For more information, please contact 

    Tietoevry Newsdesk, news@tietoevry.com, tel. +358 40 570 4072 

    Tietoevry is a leading software and digital engineering services company with global market reach and capabilities. We provide customers across different industries with mission-critical solutions through our specialized software businesses Tietoevry Care, Tietoevry Banking and Tietoevry Industry, as well as our digital engineering business Tietoevry Create. Our around 15 000 talented vertical software, design, cloud and AI experts are dedicated to empowering our customers to succeed and innovate with latest technology. Tietoevry’s annual revenue is approximately EUR 2 billion. The company’s shares are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo Børs. www.tietoevry.com

     

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  • Absolute Emissions from the Permian Basin Declined Nearly 20% Since 2022, Even as Oil and Gas Production Grew, New S&P Global Commodity Insights Analysis Finds

    Absolute Emissions from the Permian Basin Declined Nearly 20% Since 2022, Even as Oil and Gas Production Grew, New S&P Global Commodity Insights Analysis Finds

    HOUSTON, Oct. 9, 2025 /PRNewswire/ — Absolute greenhouse gas emissions from the Permian basin—one of the most prolific oil and gas fields in the world, responsible for 40% of total production in the United States—declined every year since 2022, even as production of oil and gas increased, according to a new analysis by S&P Global Commodity Insights.

    S&P Global Inc. logo

    Absolute greenhouse gas (GHG) emissions from the Permian declined by 25 million metric tons of carbon dioxide equivalent (MMt CO2e) during the years 2022-2024, a 20% reduction during a period when oil and gas production increased by the equivalent of 500,000 barrels per day.

    Although the GHG intensity of oil and gas activity—the ratio of emissions per barrel produced—in the basin has consistently declined over the past several years, the reduction in absolute emissions during a period of production growth was a surprise, the analysis says.

    “This is a whole new ballgame,” said Kevin Birn, Head of the Center for Emissions Excellence, S&P Global Commodity Insights. “Major Permian producers have a long track record of improvements from an emissions per barrel standpoint, but at the end of the day more barrels produced typically means more emissions. However, over the past few years in the Permian, more barrels came with lower emissions. It’s a have-your-cake-and-eat-it-too moment.”

    The biggest factor in the overall emissions reduction has been the improved detection and mitigation of methane, the analysis says. A more potent greenhouse gas, methane emissions account for approximately two-thirds of total emissions in the Permian.

    Improved operations, better equipment and the utilization of artificial intelligence and other advanced technologies reduced the methane intensity of Permian production by more than 50% during the 2022-2024 period, according to a previous S&P Global Commodity Insights analysis for Permian upstream methane. The scale of methane reduction outpaced the impact of production growth leading to absolute emissions declining.

    “The introduction of higher quality observational data in recent years not only establishes a more credible baseline against which to measure emissions mitigation, it enables technologies and practices that allow producers to improve those efforts, or to even anticipate and prevent emissions altogether,” said Raoul LeBlanc, Vice President, Global Upstream, S&P Global Commodity Insights. “Data show methane emissions management is being increasingly normalized as part of field operations and that is driving methane down.”

    The new analysis—which includes methane and carbon dioxide emissions to provide a more complete assessment of the GHG emissions for the Permian—finds that the basin produced nearly 11 million barrels of oil at an average GHG intensity of 22 kilograms of carbon dioxide equivalent per barrel of oil equivalent produced (equivalent to 3.8gCO2e/MJ) in 2024.

    However, intensity varied widely from one well to another, ranging from more than 160 kgCO2e/boe (28 gCO2e/MJ) to less than 4 kgCO2e/boe (0.69 gCO2e/MJ), reflecting the dynamic nature of production in the basin.

    “The variation of intensity from one well to the next underscores the myriad factors that can impact the GHG intensity of any one asset and that an overreliance on basin-wide averages can be extremely limiting,” said Shane Whipple, Emissions Insight Analyst, Center of Emissions Excellence. “Utilizing S&P Global Commodity Insights’ unique capabilities, we are able to provide a level of granularity to truly understand the nature of upstream oil and gas emissions for each individual asset.”

    About the analysis

    The S&P Global Commodity Insight’s estimate of Permian emissions includes carbon dioxide, nitrous oxide and methane emissions of upstream oil and gas operations. Coverage includes all drilling and completions (including natural gas and diesel combustion), operations, electricity imports and flaring and fugitives across the three main Permian plays: Wolfcamp Midland, Wolfcamp Delaware and Bone Springs. Midstream transportation emissions are not included.

    Upstream emissions estimates make use of a complex, purpose-built bottom-up model built atop of S&P Global Commodity Insights extensive upstream database and coverage of all active wells in the Permian on a monthly basis over the entire time period presented in this study. This model is independent of U.S. Environmental Protection Agency reporting although is regularly compared against it and other public sources.

    Beginning in 2022, S&P Global Commodity Insights estimates made use of methane observation data from Insight M. These data greatly increased both the volume of methane emissions and the reliability of those estimates. Estimates prior to 2022 used sophisticated calculations and factors to estimate venting and fugitive methane emissions but were notably lower quality. More information on the methane observation data used from Insight M is available here: https://view.highspot.com/viewer/651121fb7c2bcb2c1c1b9fb0f6868d3f#1  

    Coverage of upstream activity is comprehensive. In 2024, coverage included all 160,000 active wells and 12,000 new wells in the Wolfcamp Midland, Wolfcamp Delaware and Bone Springs—100% of producing wells. Methane observations from Insight M for the same period included 81.8% of the 160,000 active Permian wells, (78.5% of conventional wells and 88.6% of unconventional wells). These assets supplied 90.0% of the 3.9 billion boe produced in 2024.

    Insight M overflights observation data provides a level of resolution that is up to 5 times greater than that of satellites, providing reliable attribution not only by facility, but in most cases to specific assets or pieces of equipment.

    Threshold for detection isn’t a factor for methane estimates prior to 2022 due to the methodology model estimates. Insight M methane observations since 2022, are as low as the range of 50-10 kg/hr depending on the specific overflight. These observed volumes account for more than 68% of total methane released to the atmosphere from upstream oil and gas operations. The volumes from all sources below this threshold were estimated using the Rutherford model developed by Stanford University and included in the totals used in the analysis. More information on the methodology employed by Insight M can be found here: https://view.highspot.com/viewer/992ecc322aa7c4d80d5f6b15a4a0f2c4#1 

    Global Warming Potential Factor:

    S&P Global Commodity Insights conversion of methane to CO2 equivalency are based on a Global Warming Potential (GWP) factor for 100 years of 28 tons of CO2 per ton of methane. Using the 20-year factor of 86 would thus increase both the emissions reduction and the continuing emissions to 3.07 times the figures cited in this report.

    Media Contacts:

    Jeff Marn +1-202-463-8213, Jeff.marn@spglobal.com 

    Americas: Kathleen Tanzy + 1 917-331-4607, kathleen.tanzy@spglobal.com
    Asia: Melissa Tan + 65-6597-6241, melissa.tan@spglobal.com

    About S&P Global Commodity Insights
    At S&P Global Commodity Insights, our complete view of global energy and commodity markets enables our customers to make decisions with conviction and create long-term, sustainable value. 

    We’re a trusted connector that brings together thought leaders, market participants, governments, and regulators and we create solutions that lead to progress. Vital to navigating commodity markets, our coverage includes oil and gas, power, chemicals, metals, agriculture, shipping and energy transition. Platts® products and services, including leading benchmark price assessments in the physical commodity markets, are offered through S&P Global Commodity Insights. S&P Global Commodity Insights maintains clear structural and operational separation between its price assessment activities and the other activities carried out by S&P Global Commodity Insights and the other business divisions of S&P Global. 

    S&P Global Commodity Insights is a division of S&P Global (NYSE: SPGI). S&P Global is the world’s foremost provider of credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help many of the world’s leading organizations navigate the economic landscape so they can plan for tomorrow, today. For more information visit https://www.spglobal.com/commodityinsights.

    SOURCE S&P Global Commodity Insights

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