UBE Corp. (Tokyo)announced that it held a groundbreaking ceremony for a dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) plant in Louisiana.

Japan's UBE has broken ground in Louisiana on a DMC and EMC plant – key components for lithium-ion batteries in EVs and battery storage.

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Deepak Nitrite has taken good support at the lower end of the rising trendline, and the momentum indicator MACD (Moving Average Convergence Divergence) has turned bullish on the daily charts.