Cyanide Manufacturer with Oaktree Investment Enters U.S. Battery Market

A promising development in the intersection of chemical production and energy innovation has emerged from Oaktree Capital Management-backed Cyanide maker, which recently announced its expansion into the U.S. battery industry. This strategic move comes at a time when the demand for sustainable energy solutions is surging, particularly in the electric vehicle (EV) sector.

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China's Energy Policy Shift: Oil Refiners Urged to Reduce Fuel Production in Favor of Chemicals

In a significant directive aimed at transforming its energy landscape, the Chinese government has mandated oil refiners to cut back on fuel output and transition toward the production of chemicals. This announcement, emerging from the annual session of the National People's Congress (NPC), signifies a pivotal moment in China's approach to energy production and industrial strategy.

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