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Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Plastic, chemical waste exceeded planet’s safe limit: study

The total weight of plastic on Earth is now four times the biomass of all living animals, says study. Image/AFP
  • There are an estimated 350,000 different manufactured chemicals on the market and large volumes of them end up in the environment
  • Since 2020 plastic production has increased to 367 million tones but less than 10 percent of the world’s plastic is currently recycled

Chemicals and plastics are affecting biodiversity, piling additional stress on already stressed ecosystems.

Pesticides kill living organisms indiscriminately and plastics are ingested by living things.

“Some chemicals are interfering with hormone systems, disrupting growth, metabolism and reproduction in wildlife,” Carney Almroth said.

While greater efforts are needed to prevent these substances being released into the environment, scientists are now pushing for more drastic solutions, such as production caps.