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Industry and Vocational High Schools Collaboration Project Relaunches

Industry and Vocational High Schools Collaboration Project Relaunches

Disney+ Becomes Global Broadcast Platform for Formula E

Disney+ Becomes Global Broadcast Platform for Formula E

China Titanium Approves RMB 11B Expansion

China Titanium Approves RMB 11B Expansion

ACS Green Chemistry Award Goes to Algenesis

ACS Green Chemistry Award Goes to Algenesis

CALL Energy Doubles Its Solar Power Capacity in Zambia

CALL Energy Doubles Its Solar Power Capacity in Zambia

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  • Business World & Markets

Business World & Markets

  • 23 March 2026
Hormuz Strait Disruptions Shake Chemicals and Fertilizer Markets

Ongoing disruptions in the Strait of Hormuz are creating significant bottlenecks in global energy, petrochemical and fertilizer supply chains. Rising input costs are already reshaping agricultural production decisions and increasing pressure on global food prices. Industry experts warn that the impact could extend well beyond short-term volatility.

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  • 10 March 2026
Kocaeli Chamber of Industry Launches Twin Transition Clustering Project in Brno

The Kocaeli Chamber of Industry (KSO) held the kick-off meeting of its “Clustering and Inter-Chamber Cooperation for the Twin Transition” project in Brno, Czechia on March 5–6, 2026. Supported by the Türkiye–EU Business Dialogue II (TEBD-II) program, the initiative focuses on accelerating digital and green transformation in industry through international knowledge exchange and cluster collaboration.

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  • 02 March 2026
BASF Completes Divestment of Optical Brightening Agent Business to Catexel

BASF has finalized the sale of its optical brightening agent (OBA) business to Catexel as of the end of February 2026.

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  • 12 February 2026
Strategic Financing Initiative from Hayat Kimya

The FMCG giant has finalized a long-term financing deal with a consortium of global banking leaders: Citibank, ADCB, and Emirates NBD. This strategic capital injection is set to bolster the company’s international growth and fortify its financial resilience.

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  • 11 February 2026
Layoff Wave Accelerates in the U.S.

Companies across the United States are ramping up restructuring efforts as they pivot toward automation and efficiency gains, driving a sharp increase in layoff announcements in January. According to Challenger, Gray & Christmas, U.S.-based employers announced 108,435 job cuts during the month, up 118% year-over-year and marking the highest January total since 2009.

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  • 10 February 2026
Saint-Gobain Türkiye Appoints Murat Savcı as New CEO

Saint-Gobain Türkiye has announced a change in top management. With extensive experience in the building materials sector across Türkiye and international markets, Murat Savcı has been appointed as the company’s new CEO.

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  • 09 February 2026
Evonik Expands Its Production Footprint

Evonik is strengthening its growth strategy in hydroxyl-terminated polybutadienes (HTPB) by expanding its global production infrastructure. The company has launched construction to boost capacity at its German site while initiating engineering work for a new production facility in the Asian region.

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  • 06 February 2026
From Class To Field: GeleceÄźe DeÄźer Launches Its Second Term

Entek Elektrik’s “Geleceğe Değer” program, carried out in cooperation with SADE, launched its second term in February 2026. After reaching 252 vocational college students in its first year, the initiative aims to strengthen the renewable energy sector with a more qualified and job-ready talent pipeline.

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  • 05 February 2026
New Application Period Opens For The L’Oréal-UNESCO Program

L’Oréal Türkiye has launched applications for the 24th term of its “For Women in Science” Program, carried out in collaboration with the UNESCO Turkish National Commission. Applications will be accepted between 6 February and 1 June 2026, with four women scientists to receive project grants of TRY 400,000 each.

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  • 02 February 2026
Nihal Özçelik Elected Chair of LABSİAD

Following LABSİAD’s Ordinary General Assembly, Nihal Özçelik was elected as Chair of the Board. Özçelik became the first female president in the association’s history, while the new term is expected to be shaped by a transparent and participatory management approach.

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  • 02 February 2026
ĹžiĹźecam Launches Second Coated Glass Line At Bulgaria Facility

Şişecam has commissioned a new coated glass production line with an annual capacity of 6 million square meters at its flat glass facility in Bulgaria. The €20 million investment is set to expand value-added output for the European architectural glass market and support the company’s international sales growth.

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  • 30 January 2026
Dow’s Big Reset

U.S. chemical giant Dow announced it will eliminate 4,500 jobs under a restructuring program called “Transform To Outperform.” The company expects the shift toward AI-driven automation to deliver a $2 billion near-term revenue boost, while generating $1.1–$1.5 billion in one-time costs.

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