The Chem Ledger
TCL#58: Cross-Border Capital in a Fragmented World
Plus: Rare Earth, Fusion, Semiconductors, and Pharma updates.
Pharma
The Chem Ledger
TCL #51: BHP's Copper Quest, Reverion's Carbon Capture, and Pharma Updates from Novo & Bayer
Welcome to this week's newsletter. This edition features major moves in mining, where BHP's attempts to subsume Anglo American highlight the growing importance of copper, a metal that will underpin much of our renewable energy future. We're also looking at innovative carbon capture tech
The Chem Ledger
TCL #50: A Billion Here, A Billion There
This week saw a flurry of billion-dollar deals across energy, biotech, and pharma. The US Department of Energy is reviving the Three Mile Island nuclear plant with a $1 billion loan, while TotalEnergies is investing $6 billion in Europe's electric future. Johnson & Johnson and Roche made significant
The Chem Ledger
TCL #48: Consolidation and Critical Minerals
Last week's transactions reveal the contours of American industrial policy in action. The federal government is deploying over $700 million in loans and incentives to establish domestic rare earth magnet production, addressing a critical supply chain vulnerability. Meanwhile, capital continues to consolidate. Oil producers are merging to achieve
The Chem Ledger
TCL #47: Silicon Valley and Nuclear Shadows
The collision between artificial intelligence and energy infrastructure is producing unexpected alliances. NextEra Energy and Google are reopening Iowa's Duane Arnold Energy Center, a nuclear plant shuttered for five years, to power Google's expanding AI operations. The US government has separately committed $80 billion with Westinghouse
The Chem Ledger
TCL #44: From Algorithms to Test Tubes
Plus: Arkema's dry battery coatings, Lithium Americas' government backing, and Pfizer's tariff reprieve
The Chem Ledger
The Chem Ledger #43: Rare earth magnets in Estonia, obesity drug manufacturing in Texas
Plus: Pfizer's Metsera acquisition, silicon anodes in Washington, and Lanxess's polymer divestment
The Chem Ledger
TCL #42: The Funding Flow
From geothermal grids to plastic purification, venture capital finds new frontiers in industrial innovation
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TCL #40: Tata's $11bn Chip Bet, Sanofi's Patent Woes and Offgrid's Zinc Play
Companies pivot to new technologies and regions as supply chains tighten.
The Chem Ledger
TCL #39: Activists Target Chemical Giants
From carbon conversion to corporate raiders, the chemical sector seeks new formulas for growth
The Chem Ledger
TCL #37: Silicon Dreams Meet Ceramic Realities
From military-grade materials to electric vehicle pragmatism, industry navigates the turbulent waters of technological transformation.
The Chem Ledger
TCL#32: Legacy Industries Hedge Tomorrow
Established players bet on the technologies that may replace them.