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KBR's PureSAF tech chosen for Asia's first commercial-scale ethanol-to-jet sustainable fuel plant.

Market News
29 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

KBR has been selected to provide its PureSAF technology and engineering design services for a new sustainable aviation fuel (SAF) plant on Singapore's Jurong Island, developed by Keppel and Aster. The plant aims to produce up to 100,000 tons of SAF annually, supporting Singapore's goal to become Asia's leading SAF hub and reduce aviation emissions. KBR's PureSAF technology enables 100% drop-in jet fuel production from diverse feedstocks, facilitating a low-carbon transition for the aviation industry. The project is subject to final investment decisions and regulatory approvals, with KBR also partnering with Keppel on broader decarbonization initiatives.

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Constellium sells its automotive structures joint venture in China to focus on core markets.

Constellium sells its automotive structures joint venture in China to focus on core markets.

Constellium has sold its stake in the automotive structures joint venture located in Changchun, China, to a Chinese automotive holding company. The facility, which employs about 200 people, produces aluminum crash management systems and structural co...

Company Fundamentals
Neutral
55 minutes ago
Law firm questions $9.50 per share buyout price of Global Business Travel Group, urges investors to seek higher offer.

Law firm questions $9.50 per share buyout price of Global Business Travel Group, urges investors to seek higher offer.

Kaskela Law is investigating the $9.50 per share buyout offer for Global Business Travel Group (GBTG), arguing it may undervalue the shares. The firm notes that some analysts had price targets as high as $12 per share, about 25% above the buyout pric...

Market News
Bearish
55 minutes ago
MEXC launches TradFi Gala with 1,000,000 USDT rewards and 0-fee Futures trading on AI-related stocks.

MEXC launches TradFi Gala with 1,000,000 USDT rewards and 0-fee Futures trading on AI-related stocks.

MEXC has launched the TradFi Gala, a month-long Futures trading campaign from June 26 to July 26, 2026, featuring 0-fee trading and a 1,000,000 USDT reward pool. The campaign targets AI and semiconductor stock trading, reflecting strong market moment...

Market News
Bullish
55 minutes ago
Zymeworks to acquire Theravance Biopharma for $929M, gaining COPD drug YUPELRI and boosting cash flow.

Zymeworks to acquire Theravance Biopharma for $929M, gaining COPD drug YUPELRI and boosting cash flow.

Zymeworks Inc. announced it will acquire Theravance Biopharma for approximately $929 million in cash, adding the COPD treatment YUPELRI to its portfolio. The acquisition is expected to enhance Zymeworks' earnings and cash flow, supported by a $350 mi...

Company Fundamentals
Bullish
55 minutes ago
McEwen Inc. joins the Russell 2000 Index, boosting visibility among institutional investors.

McEwen Inc. joins the Russell 2000 Index, boosting visibility among institutional investors.

McEwen Inc. has been added to the Russell 2000 Index as of June 29, 2026, following the Russell Reconstitution. This inclusion increases McEwen's visibility to institutional investors and index-tracking funds. The company focuses on gold, silver, and...

Market News
Bullish
55 minutes ago
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