WK Kellogg announced it will remove artificial colors and BHT from all cereals by the end of this year, accelerating its previous 2027 target by utilizing fruit- and vegetable-based juices. This move responds to consumer demand and retailer pressures from companies like Target and Walmart.
Major producers including Wanhua, BASF, and Huntsman raised MDI and TDI prices due to supply constraints from plant maintenance. Despite volatile oil markets, the polyurethane raw material sector remains strong with tight supply expected through 2027.
Norway's sovereign wealth fund opposes the U.S. SEC's proposal to scrap mandatory climate-related risk disclosures, arguing such data informs investment decisions. Sweden's AP7 pension fund shares this opposition to preserve baseline financial materiality.
Tronox Holdings reported a Q2 net loss of $171 million despite 19% sales growth driven by higher TiO2 and zircon volumes. The company forecasts continued pricing increases for both commodities in Q3 amid elevated input costs.
UK-listed Genel Energy rejected a £202 million takeover bid from rival DNO, following its recent agreement to acquire Capricorn Energy in a separate $360 million deal.
DuPont's Liveo Pharma TPE Ultra-Low Temp Tubing won a 2026 R&D 100 Award for biopharmaceutical processing flexibility down to -86°C. Its FilmTec Fortilife XC220 membrane technology was also named an R&D 100 Finalist.
UK trade unions urge Prime Minister Burnham to pressure Trump to end the Iran war, linking the conflict to rising energy and food costs. They call for revoking US access to British bases to de-escalate tensions affecting global oil supplies.
Major oil companies reported record refining profits driven by tight global supply, while pharmaceutical leaders Eli Lilly and Merck contributed to a strong quarterly earnings season amidst geopolitical risks.
JBS agreed to a joint venture with Indonesia's sovereign wealth fund PT Danantara, committing $2.5 billion to protein production across Southeast Asia and Oceania. The deal includes Australian and New Zealand assets and aims for a future IPO pending regulatory approval.
Vistra Corp reported a slight Q2 profit decline due to $472 million unrealized hedge losses, though adjusted EBITDA rose 31% driven by higher energy prices. The company also secured FERC approval for its Cogentrix Energy acquisition.
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