News
Thermax, a leading energy and environmental service firm in India, is partnering with Reykjavik Geothermal to develop power plants in India. A 3 MW pilot project in Ladakh has been planned. This deal is in alignment with similar deals Thermal has executed on in the recent past, seeking to strengthen its position as a supplier of clean energy projects in India.
News
In the October 2026 edition of the ADI Chemicals Newsletter, ADI examines how HF Sinclair, BP, and Saudi Aramco are shifting toward industrial, thermal-management, and specialty-fluid applications as engine-oil demand growth slows. Recent M&A includes Nippon Paint Holdings’ agreement to acquire AkzoNobel’s decorative paints business in Southeast Asia and Oceania, alongside Heidelberg Materials’ and CRH’s […]
News
In the October 2026 edition of the ADI Newsletter, ADI examines whether the U.S. could stop exporting diesel as President Trump considers a ban amid Russia and Middle East disruptions that have cut refining capacity and pushed diesel prices higher. Public opinion on data centers is also shifting as AI-driven electricity demand raises concerns about […]
News
In September 2026 edition of the ADI Chemicals Newsletter, chemical portfolio realignment continued to accelerate. Shell is exploring the sale of its U.S. chemicals business, while TotalEnergies acquired Shell’s European renewables unit and Lotte Chemical moves to divest its Southeast Asian petrochemical subsidiaries. Sika expanded its adhesives and sealants footprint in Turkey, and Mitsui increased […]