Supply Chain

Fastmarkets Deepens Saudi Scrap Price Ties With NIDC Under Vision 2030

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Fastmarkets Deepens Saudi Scrap Price Ties With NIDC Under Vision 2030

London – September 18, 2026 -- Fastmarkets has confirmed ongoing stakeholder engagement with Saudi Arabia's National Industrial Development Center (NIDC) to further develop its ferrous scrap price indices in the Kingdom, as the country builds out its steel and recycling infrastructure under Vision 2030.

Fastmarkets launched its first Saudi scrap benchmark in August 2025

The price reporting agency introduced its steel scrap HMS 1&2 index, domestic composite, delivered Saudi Arabia, riyals/tonne (code MB-STE-0939), in August 2025 following consultation with local market participants, including NIDC.

CKGSB-IE Report: Chinese Firms Shift to 'Capability Export' Globally

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CKGSB-IE Report: Chinese Firms Shift to 'Capability Export' Globally

Singapore – September 18, 2026 -- Chinese companies are entering a third phase of globalization defined by exporting operating capabilities rather than just products, according to a joint report released by Cheung Kong Graduate School of Business (CKGSB) and IE University's China Observatory.

Report identifies 'capability export' as the new phase of Chinese globalization

Titled Chinese Companies' New Playbook for Going Global, the study finds firms are transferring technical standards, product development processes, supply-chain organization, service models, branding and business models abroad while adapting them to local conditions. The research is led by CKGSB Professor of Economics and Associate Dean Li Wei.

TrusTrace Launches Platform to Automate Supply Chain Compliance Programs

Stockholm – September 18, 2026 -- TrusTrace has launched a new platform designed to close the gap between the supply chain data global brands collect and their ability to act on it, as sustainability and due diligence regulations multiply worldwide.

Platform rolls out in phases starting this month after a year of validation with leading brands

The system expands TrusTrace's existing traceability and compliance infrastructure, built on real-time, lot-level forward traceability and AI-powered backward chain-of-custody data across materials and sourcing models. Its first module, Supply Chain Intelligence, lets brands query suppliers, facilities, products, and materials using natural language, surfacing gaps and generating reports in seconds.

HawkEye 360, Leonardo Sign MoU for Sovereign European ISR

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HawkEye 360, Leonardo Sign MoU for Sovereign European ISR

Paris – September 18, 2026 -- HawkEye 360, Inc. (NYSE: HAWK) has signed a Memorandum of Understanding with Leonardo S.p.A. to integrate radio-frequency sensing data into a sovereign, multi-sensor intelligence solution for European customers.

Leonardo takes data integration lead while HawkEye 360 supplies dedicated RF capacity

Under the MoU, Leonardo will manage overall data integration and institutional engagement across Europe through its geospatial solutions arm, while HawkEye 360 provides RF data capacity tailored to European operational requirements. The first phase integrates a customized RF layer into Leonardo's global Intelligence, Surveillance, and Reconnaissance (ISR) service offering, including reserved capacity for defined European areas of interest.

HawkEye 360 Opens Luxembourg Unit to Expand EU Defense Footprint

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HawkEye 360 Opens Luxembourg Unit to Expand EU Defense Footprint

Paris – September 18, 2026 -- HawkEye 360, Inc. (NYSE: HAWK) has established its first European subsidiary, HawkEye 360 Luxembourg, S.à r.l., marking the company's initial legal entry into the European Union's defense and space industrial base.

HawkEye 360 CEO meets US envoy to Luxembourg during Paris space summit

The announcement coincided with a meeting between HawkEye 360 Chief Executive Officer John Serafini and U.S. Ambassador to Luxembourg Stacey Feinberg during World Space Business Week in Paris. Serafini said establishing the Luxembourg entity strengthens the company's ability to work alongside European governments and industry, support sovereign national requirements, and move its space-based radio frequency (RF) capabilities closer to regional customers.

ACI World Demands Overhaul of 50-Year-Old Airport Slot System

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ACI World Demands Overhaul of 50-Year-Old Airport Slot System

Montreal – September 18, 2026 -- Airports Council International (ACI) World released a white paper calling for an urgent modernisation of the global airport slot allocation system, warning that a regulatory framework designed more than 50 years ago is now stifling competition and driving up costs for passengers.

Congested airports have surged more than 25% in a decade

The number of the world's most congested, slot-restricted airports has jumped by over 25% in the last ten years, according to the white paper. ACI World projects global passenger traffic will nearly double by the mid-2040s, intensifying pressure on a capacity allocation system that has not evolved alongside industry growth.

Borr Drilling Exits Perfomex Stake, Retains Mexico Rigs via Bareboat Deal

Hamilton, Bermuda – September 18, 2026 -- Borr Drilling Limited (NYSE: BORR) (OSE: BORR) has signed definitive agreements to sell its 51% equity interest in Mexican joint ventures Perforaciones Estratégicas e Integrales Mexicana S.A. de C.V. and Perforaciones Estratégicas e Integrales Mexicana II, S.A. de C.V. (together, "Perfomex") to its long-standing local partner.

Local partner takes full ownership of Perfomex and rig operations

Once the deal closes, Borr's partner becomes sole owner of Perfomex and takes over management of the jack-up rigs Galar, Gersemi and Njord, which currently work under contract with PEMEX. Borr Drilling will retain title to all three rigs and continue earning from the underlying PEMEX contracts through bareboat charter agreements, with economics expected to remain largely unchanged from the current setup.

VTT-Led €3M Project Cracks Code on Profitable Plant Protein Output

Espoo – September 18, 2026 -- VTT Technical Research Centre of Finland and seven food industry partners have concluded a three-year, €3 million project concluding that profitable plant-based ingredient production depends on converting every raw-material fraction into value, not just isolating protein.

The RETHINK project, funded by Business Finland and running from June 2023 to August 2026, examined how Finland's oat and faba bean supply chains could be restructured into investable ingredient businesses. Industrial partners included Anora, Apetit, Fazer, Helsingin Mylly, Raisio, Valio and Viking Malt.

Shanghai Electric H1 Revenue Jumps 16.6% on CNY100.4bn Order Book

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Shanghai Electric H1 Revenue Jumps 16.6% on CNY100.4bn Order Book

Shanghai – September 18, 2026 -- Shanghai Electric posted operating revenue of CNY 63.332 billion (USD 9.17 billion) in the first half of 2026, up 16.6% year-on-year, while net profit attributable to shareholders rose 18.2% to CNY 970 million (USD 140.49 million). New orders reached CNY 100.39 billion (USD 14.54 billion), extending the company's order backlog across energy equipment, industrial equipment and integrated services.

Energy Equipment segment drives growth with 21.4% revenue increase

The Energy Equipment segment generated CNY 36.558 billion (USD 5.29 billion) in revenue, up 21.4%, led by wind power and energy storage. Industrial Equipment revenue rose 1.9% to CNY 18.954 billion (USD 2.75 billion), supported by digital upgrades in machine tools, elevators and industrial components. Integrated Services revenue climbed 31.5% to CNY 10.862 billion (USD 1.57 billion) on supply chain coordination and full-lifecycle service work.

ATI CEO Kim Fields to Address Aerospace Demand at Morgan Stanley Conference

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ATI CEO Kim Fields to Address Aerospace Demand at Morgan Stanley Conference

Dallas – September 18, 2026 -- ATI Inc. (NYSE: ATI) Board Chair, President and CEO Kim Fields will participate in a fireside chat at the Morgan Stanley 14th Annual Laguna Conference in Dana Point, California, on September 18, 2026, at 4:05 p.m. ET.

Fields will field questions on aerospace demand and ATI's specialty materials portfolio

The session will be hosted by Kristine Liwag, Morgan Stanley's Senior Aerospace & Defense equity analyst, giving institutional investors direct access to ATI's leadership on growth opportunities within the aerospace and defense supply chain.