US President Donald Trump announced on Tuesday that America First Refining (AFR) will build a new refinery in the state of Texas. This means that the US will have the first major refinery built in the last 50 years.
The escalation of the conflict around Iran is beginning to go far beyond geopolitics and is gradually affecting the global automotive industry. Experts note that tensions in the Middle East are already affecting business expectations, and automakers are being forced to revise their plans for the coming months.
This is about the Al-Ruwais industrial complex. A fire broke out on its territory due to a drone attack. This refinery is the fourth largest in the world in terms of production capacity and the largest in the UAE, Logos Press reported citing RBC.
China started 2026 with unexpectedly strong foreign trade figures. According to the General Administration of Customs of the People’s Republic of China, the country’s exports in January-February grew by 21.8% year-on-year, significantly exceeding analysts’ expectations and becoming the fastest growth rate in recent years.
Rapidly rising prices for gas and oil products are becoming a serious social problem and may result in irreparable economic losses for businesses.
The sugar market is not about “sweetness”, but about economy in its purest form: excess supply, rising costs and managerial mistakes are instantly converted into price. That is why there is always a lot of information noise around sugar – slogans “let’s provide the market with our own”, “the market needs protection”, “importers are enemies”. But the noise does not change the main thing: the market does not punish imports – the market punishes inefficiency. And today this is evident all over Europe.
Scientists from the University of Oulu (Finland) have developed epoxy and polyester resins based on sawdust, straw and other organic waste, which have greater strength compared to materials made of petroleum, Logos Press reports.
The Giurgiulesti Free International Port will have a new legal regime, which simplifies the management of the territory, stimulates investments and protects the rights of residents.
The Katko uranium mining joint venture, whose shareholders are France’s Orano (51%) and Kazatomprom (49%), significantly increased production last year. For the French co-owner, the enterprise has become a key foreign asset in 2025.
A new factory of the company “Brodecchi” S.R.L., one of the major producers of bakery products in Moldova, will be built on the site of the old one, following the model of its modernized production in the city of Orhei. It is planned to equip the production facility with modern equipment, as well as to expand the premises and improve working conditions.
