Supply Chain

Madrid – October 01, 2026 -- Fresenius SE & Co. KGaA has completed the acquisition of the remaining 45% stake in mAbxience from Insud Pharma, giving the German healthcare group full ownership of the Spanish biosimilars manufacturer.

Fresenius consolidates control after four-year partnership

Fresenius first acquired a 55% majority stake in mAbxience in August 2022 and has consolidated the business since then. The deal closes out that ownership structure, placing mAbxience's biosimilars platform entirely within Fresenius Kabi's Biopharma division, which spans development, manufacturing and commercialization.

Seoul – October 01, 2026 -- LG Energy Solution has signed a non-binding memorandum of understanding with U.S. commercial EV startup indiGOtech to supply 46-series NCM cylindrical battery cells from 2027 to 2030, targeting indiGOtech's upcoming Flow Ride and Flow Cargo electric vans.

Deal targets commercial van platforms for logistics and ride-hailing

indiGOtech, headquartered in Woburn, Massachusetts, builds an integrated ecosystem combining electric commercial vans, charging infrastructure, and digital fleet services for the North American market. The battery supply agreement would underpin the company's Flow Ride and Flow Cargo vehicle lines, aimed at last-mile delivery, logistics, and ride-hailing fleets.

Las Vegas – October 01, 2026 -- bolttech and Bold Penguin have entered a global strategic partnership to build a combined commercial and personal lines insurance distribution offering spanning the U.S., Europe and Asia.

Two AI-enabled platforms merge complementary distribution networks

bolttech, an insurtech operating in 39 countries across four continents, will integrate its personal and commercial lines protection services, AI-enabled workflows and global distribution expertise with Bold Penguin's commercial-lines digital exchange and carrier network. Bold Penguin brings its DeX ai data and AI services platform along with an integrated commercial carrier network exclusively focused on commercial insurance.

Los Angeles – October 01, 2026 -- CometAPI now routes access to more than 500 AI models through a single OpenAI-compatible API key, serving over 10,000 active developers with average response times under 400 milliseconds and a 99.9% uptime target.

Platform consolidates fragmented model access into one credential

As AI teams increasingly rely on multiple large language models, image generators, video systems and audio tools, each provider typically requires separate registrations, SDKs, billing dashboards and authentication methods. CometAPI CEO Lee Sonic said he built the platform after becoming frustrated with these fragmented integration requirements while testing different AI models as a developer. The company positions itself not as a simple API aggregator but as an infrastructure layer that absorbs model complexity rather than passing it to application developers.

Dallas – October 01, 2026 -- The U.S. Department of Commerce and the Republic of Korea have selected Related Companies and NextEra Energy Resources, working with Lewis Energy Group, to build Project Star, a $22-billion-plus energy campus in Encinal, Texas, delivering 6.47 gigawatts (GW) of natural gas-fired generation.

Gas plant will directly power a 5 GW data center campus next door

At full scale, the generation facility will supply a privately funded 5 GW data center campus under development by Related Digital on an adjacent site, with surplus capacity fed back into the grid. The structure aligns with Texas Governor Greg Abbott's mandate that data center developers bring their own generation onto the ERCOT system rather than draw solely on existing utility supply.

Pune, India – – October 01, 2026 -- The global battery electrolyte market is projected to grow from $12.22 billion in 2025 to $50.98 billion by 2034, expanding at a compound annual growth rate of 17.2%, according to a new analysis by Maximize Market Research.

EV battery deployment jumped nearly 30% in 2025

Global EV battery deployment reached 1.2 TWh in 2025, up almost 30% from 2024, with electric vehicles accounting for more than 70% of total battery deployment worldwide. The surge is driving higher consumption of liquid electrolytes, lithium salts, solvents and additives across passenger vehicles, electric two-wheelers and commercial EVs.

Pune, India – – October 01, 2026 -- The global dimethyl carbonate (DMC) market was valued at $1.18 billion in 2025 and is projected to reach $2.15 billion by 2034, expanding at a compound annual growth rate of 6.9% from 2026, according to a new analysis by Maximize Market Research.

Battery electrolyte demand for DMC outpaces the broader chemical market

The battery electrolyte application segment is forecast to grow at an 8.32% CAGR through 2031, faster than the overall DMC market. Global electric car sales exceeded 17 million units in 2024, while EV battery demand surpassed 950 GWh, up more than 25% from 2023. DMC is blended with other carbonate solvents in lithium-ion electrolyte formulations, and battery manufacturers increasingly require purity levels above 99.9%, tightening specifications on moisture control, impurity management and batch consistency.

Bismarck, N.D. – October 01, 2026 -- MDU Resources Group (NYSE: MDU) has reached a positive Final Investment Decision for its subsidiary WBI Energy to build the Bakken East Pipeline, a project estimated to cost between $2.7 billion and $3.2 billion.

Pipeline will carry 1.4 Bcf per day across 350 miles of North Dakota

The pipeline will run from the Bakken region in western North Dakota to a location near Fargo in the eastern part of the state, with an initial design capacity of 1.4 Bcf per day. The system is being engineered with flexibility to accommodate future capacity growth beyond that initial figure.

Hamilton, Bermuda – – October 01, 2026 -- Borr Drilling Limited (NYSE: BORR, OSE: BORR) has locked in new commitments for three premium jack-up rigs, extending contract coverage across West Africa and the North Sea into mid-2027.

Norve wins 245-day firm scope off West Africa

An undisclosed operator issued a binding letter of award for the Norve, covering a firm scope of three wells over an estimated 245 days. The contract is set to start mid-December 2026, keeping the rig committed into August 2027, with priced options adding a further 175 days of potential work.

Shell exercises option on Natt in Nigeria

Shell Nigeria Exploration and Production Company has exercised a one-well option on the Natt. Based on the current well program, the rig is expected to remain under contract with Shell into early August 2027.

Brownsville, Texas – October 01, 2026 -- Saronic has broken ground on Port Alpha, a next-generation shipyard on 835 acres at the Port of Brownsville representing a private capital investment of more than $3 billion. Vice President JD Vance and Texas Governor Greg Abbott joined Saronic leadership and federal, state and local officials at the ceremony, where the company said the facility is expected to generate up to 10,000 direct jobs and an estimated $264.5 billion in economic impact for Texas.