Rayong Olefins Co., Ltd.Private▲ Positive
Supplyrelevance
Rayong Olefins successfully restarted its olefins plant after the temporary halt, restoring operations.
Impact on stocks 0
Theme Impact 1
Off-coverage companies 2
SCG Chemicals Public Company Limited (SCGC)Private▲ Positive
Supplyrelevance
SCGC restarted its Rayong Olefins plant after a temporary Middle East-driven shutdown, restoring production capacity and feedstock-secured output.
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Cabot Expands Battery Materials Platform With $50M DOE Grant
Cabot Corporation is expanding domestic production of advanced conductive additives at its Franklin, Louisiana, and Pampa facilities through a modified $50 million grant from the U.S. Department of Energy's Office of Critical Minerals and Energy Innovation. The funding, combined with approximately $75 million of Cabot investment, is intended to meet rising demand for energy storage systems, AI infrastructure, data centers, grid modernization and broader electrification. Under the revised agreement, Cabot will redirect funding from its originally planned Michigan project toward a two-site brownfield expansion, a move expected to accelerate development, improve production efficiency and strengthen supply capabilities. The investment will support Franklin's production of LITX advanced battery-grade conductive carbons, while the Pampa facility will establish Cabot's first commercial-scale production of carbon nanostructures and part of its ENERMAX product family, with both projects expected to become operational by the end of 2028. Cabot's shares have gained 17% year to date compared with the industry's 13.7% rise in the same period.
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SCC jumps 3% after ROC resumes operations, KSS maintains 315 baht target
Shares of Siam Cement Public Company Limited, or SCC, rose 2.70% to 266.00 baht after the company announced the restart of production at its ROC plant, which has an olefins production capacity of about 1.35 million tonnes per year, from September 17, 2026, after it secured sufficient feedstock from sources outside the Middle East, such as Malaysia, Africa and other sources, for continuous production. SCC is targeting a combined utilisation rate with its MOC plant, which has a capacity of about 2.05 million tonnes per year, of more than 80%, close to pre-war levels. Krungsri Securities Public Company Limited, or KSS, said the restart of ROC within the late third quarter of 2026 was in line with the company's target, and maintained its "buy" recommendation on SCC with a 2027 target price of 315 baht, naming it one of its top picks, and expects SCC's normal profit in 2026-2028 to grow by an average of 110% per year.
Matlantis and NVIDIA ALCHEMI Cut Catalyst Discovery From Years to Months
Matlantis announced that ENEOS Holdings Corporation is using its Matlantis PFP machine learning potential with NVIDIA ALCHEMI to accelerate the discovery of new catalyst materials. By combining PFP with NVIDIA ALCHEMI, ENEOS HD evaluated approximately 100 million candidate structures for oxygen evolution reaction catalysts, identifying priority candidates for synthesis and experimental validation. The effort reduced a discovery process that traditionally took years to just a few months. PFP is a general-purpose machine learning interatomic potential supporting all 96 chemical elements, while NVIDIA ALCHEMI provides an accelerated computing platform for scaling computational workflows across chemistry and materials science. Takeshi Ibuka, General Manager of the AI Innovation Department at ENEOS Holdings Corporation, said the work demonstrates how large-scale computational screening can fundamentally change the way materials are discovered and developed. Matlantis President and CEO Daisuke Okanohara and Dion Harris, senior director of HPC, Cloud and AI Infrastructure at NVIDIA, also commented on the collaboration.