Matt Blois - Profile and Journalist Details
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Matt Blois
Verified
Business Reporter, Journal of the American Chemical Society
Nashville
Beats
Investing, Blockchain NFT, Sports Business, GamingCrypto, Web3 AI, Finance
consumer health, preliminary medical research
Content
By Matt Blois Verified| C and EN Verified Battery materials producers across the globe are hitting the brakes on expansion plans. Umicore, LG Chem, and other firms say that subdued demand for electric vehicles and uncertainty about policies supporting the battery industry are forcing them to pull back. Umicore executives recently told investors that the company is halving the amount of money it will spend on battery materials projects between 2025 and 2028.
By Matt Blois Verified| C and EN Verified Several biobased chemical makers plan to scale up production of nylon precursors made via fermentation. They are responding to demand from consumer product companies that want to reduce greenhouse gas emissions from yoga pants, athletic clothes, and other plastic products. The clothing company Lululemon says it will work with the start-up ZymoChem to scale up a fermentation process for adipic acid, a precursor of nylon 6,6.
By Matt Blois Verified| C and EN Verified Battery materials producers across the globe are hitting the brakes on expansion plans. Umicore, LG Chem, and other firms say that subdued demand for electric vehicles and uncertainty about policies supporting the battery industry are forcing them to pull back. Umicore executives recently told investors that the company is halving the amount of money it will spend on battery materials projects between 2025 and 2028.
Company Info
Journal of the American Chemical Society
Washington, District of Columbia, United States
+1 202-872-4600