Sinopec, Aramco start building $10 billion petchem complex in China’s Fujian

Item 1 of 2 The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photo [1/2]The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, […]

Samsung SDI finalizes deal with GM to build $3.5 bln joint EV battery factory in US

SEOUL/WASHINGTON, Aug 28 (Reuters) – South Korea’s Samsung SDI (006400.KS), opens new tab said on Wednesday it has completed an agreement with General Motors (GM.N), opens new tab to build a joint electric vehicle (EV) battery factory in the U.S. state of Indiana. The two companies will invest about $3.5 billion to build a battery […]

Trump and TSMC announce $100 billion plan to build five new US factories

TSMC plans $100 billion investment in United States CEO announces the plan during meeting with Trump Investment will include new chip factories TSMC shares decline as investors weigh higher US costs WASHINGTON, March 3 (Reuters) – Taiwan semiconductor company TSMC plans to make a fresh $100 billion investment in the United States that involves building […]