Austrian chemical industry news

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  18 May 2026

  OMV starts production at Austria’s largest gas discovery in 40 years

  Wittau well begins gas output; first phase 11 TWh for winter 2026/27, recoverable up to 48 TWh. EUR150m invested so far; project could double Austria’s gas production.
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  7 May 2026

  EU awards €1.09bn to nine hydrogen projects via European Hydrogen Bank

  Selected projects across seven EEA countries will add ~1.1 GW electrolyser capacity, produce >1.3 Mt H2 over 10 years, avoid ~9 Mt CO2e; premiums €0.57–€3.49/kg; Spain/Germany add €1.7bn
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  7 May 2026

  UPM, Michelman and BOBST launch EU‑compliant bio‑based paper packaging concepts

  Two paper packaging concepts for EU SUPD: fiber papers with bio-based coatings giving moisture/mineral-oil and oxygen barriers, wide heat-seal window, recyclable/compostable, production-ready.
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  6 May 2026

  OMV invests €65m in Schwechat Innovation Hub

  New Schwechat hub (8,120 m²) will house labs, pilot plants and a technical centre with 50 workstations and space for up to 15 test facilities. Construction 55% done; start-up H1 2027.
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  6 May 2026

  Borouge: First XLPE from Borouge 4 to support UAE energy sector

  New plant doubles output (+100,000 t/yr), awarded ~$600M in local contracts, expands site capacity by 1.4M t and is expected to deliver up to $400M net profit over three years.
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  4 May 2026

  SPIE appoints Markus Holzke Group CEO and updates executive committee

  Appointment effective after Apr 30, 2026 AGM. Rainer Hollang named CEO for Germany/Switzerland/Austria. Executive committee membership reorganized.

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  4 May 2026

  SPIE appoints Rainer Hollang General Manager for Germany, Switzerland and Austria

  Rainer Hollang becomes GM for Germany, Switzerland & Austria (effective May 1, 2026). He joins the group executive committee reporting to Markus Holzke; civil engineer with a long internal career since 2005.
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  30 April 2026

  Borouge Q1 2026: $156M Net Profit on Operational Resilience

  Q1 revenue $1.2B; production 1.21Mt (98% capacity), sales 1.09Mt. 61% of March output rerouted via alternative logistics. Prices rose 62% in March. H2 2025 dividend $658M; merger forms global polyolefins platform.
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  30 April 2026

  Lhyfe to supply green hydrogen to BMW Group’s Steyr R&D centre

  Multi-year deal to supply green hydrogen to an Austrian R&D site for development and validation of third-gen fuel-cell systems; first Austrian deliveries via bulk transport; RFNBO-certified.
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  27 April 2026

  Evonik to supply SEPURAN® Green membranes to Malaysia’s MTC Orec

  Signed large-scale deal to supply membrane tech for biogas upgrading; supports expansion of biogas plants across Asia. Membranes enable low-energy LNG-quality biomethane; patented, customizable.
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  24 April 2026

  EMA recommends Redemplo for adults with familial chylomicronaemia syndrome (FCS)

  siRNA blocking APOC3 cut triglycerides 80% vs 17% in trial; lowered acute pancreatitis rates; given subcutaneously every 3 months; common AEs: hyperglycaemia, headache, nausea.
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  20 April 2026

  Boehringer Ingelheim launches £150M AI accelerator in London’s Knowledge Quarter

  Adds a new Computational Innovation centre to the global footprint, focusing on AI/ML for drug R&D to deepen disease biology and speed discovery; first 50 AI experts by end of 2027.
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  20 April 2026

  OMV appoints Emma Delaney as CEO

  Emma Delaney named CEO effective Sept 1, 2026 (3+2 years); Alfred Stern will leave Aug 31, 2026; CFO Reinhard Florey’s term extended to June 30, 2029 and he becomes Deputy Chairman.
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  20 April 2026

  Siemens launches Eigen Engineering Agent for autonomous industrial engineering

  Moves industrial AI from assistance to autonomous execution—plans, codes, configures and validates systems. Pilots report 2–5× faster delivery, up to 50% efficiency gains and higher solution quality.
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  16 April 2026

  Lilly ACHIEVE‑4 confirms Foundayo cardiovascular safety and cardiometabolic benefits

  ACHIEVE-4: Foundayo non-inferior vs insulin glargine for MACE-4 (HR 0.84); improved A1C (-1.6 vs -1.0) and weight (-8.8% vs +1.7%) at 52 wks; 57% lower all-cause death; GI AEs; FDA filing planned.
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  13 April 2026

  Johnson & Johnson reports positive 12‑month VARIPULSE results at EHRA 2026

  12‑month post‑market study: 84.2% freedom from atrial arrhythmia (90.5% paroxysmal; 75.3% persistent); 0.8% primary adverse events; CE‑mark allows ablation beyond pulmonary veins
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  10 April 2026

  OMV proposes Emma Delaney as CEO

  Committee proposes Emma Delaney as CEO from Sept 1, 2026 (3‑yr term + optional 2). Irish bp EVP, 30 years' energy experience. Supervisory Board will decide; CFO Florey’s 2‑yr extension also proposed.
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  8 April 2026

  BASF: 95‑t plate falling‑film evaporator arrives at Ludwigshafen

  Heat pump under construction will use waste heat and renewable electricity to generate ~500,000 t/yr CO₂‑free steam (50 MW), cutting ~100,000 t CO₂/yr for formic acid production; commissioning mid‑2027.
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  31 March 2026

  OMV and XRG form Borouge International

  Merger of Borouge, Borealis and NOVA creates global pure‑play polyolefins leader with 13.6 Mtpa capacity, >$500M synergies, advantaged feedstock and investment‑grade ratings
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  26 March 2026

  ADNOC and OMV appoint executive team for Borouge Group International AG

  Roger Kearns, Dr. Stefan Doboczky and Dr. Hasan Karam to lead; interim CFO until May 2026; supervisory board set; deal on track to close by end‑March 2026, forming a global polyolefins leader
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  26 March 2026

  OMV and ADNOC appoint Borouge Group International AG executive team

  Appointed CEO Roger Kearns, CCO Dr. Stefan Doboczky, COO Dr. Hasan Karam; interim CFO Daniel Turnheim until May 2026. Appointments precede planned combination and acquisition closing by Mar 2026.
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  25 March 2026

  SPIE to acquire SGS Industrial Services to expand industrial services in Germany

  Adds ~800 staff; strengthens electrical & mechanical installation capabilities; €180M 2025 revenue, >10% margins; self‑financed; EPS accretive; closing by June 2026 subject to approvals
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  19 March 2026

  OMV and ADNOC delay BGI listing, exchange offer and capital increase to 2027

  Timing aligned to a 2027 capital increase; 2026 dividend cut will lower parent payout by ~€0.6–0.7/sh (payout USD250m vs USD500m). Further support measures possible.
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  19 March 2026

  ADNOC and OMV advance formation of Borouge Group International AG

  Agreement allows marketing of B4 volumes, adds ~$400M net over 3 years (~10% EPS accretion), supports 16.2 fils dividend, targets strong credit ratings; transactions close ~Mar 2026.
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  6 March 2026

  SPIE Governance Changes

  Gauthier Louette steps down in 2026. Markus Holzke becomes CEO, Patrick Jeantet Non-Executive Chairman. Roles split for strategic growth.
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  23 February 2026

  AMAG Secures €75M EIB Loan for R&D Innovation

  EIB's first TechEU loan in Austria supports digital and green advancements, boosting Europe's industrial base and securing critical raw materials.
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  4 February 2026

  OMV Reports EUR 4.6 Billion Clean CCS Operating Result for 2025

  OMV's 2025 results show strong cash flow, low leverage, and improved chemicals and fuels performance, despite lower energy results. Dividend proposed at EUR 4.40 per share.
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  30 January 2026

  Hycamite Hosts Finnish Officials, Highlights Critical Minerals Role

  Officials toured Hycamite's facility, learning about its methane-splitting tech for low-carbon hydrogen and graphite, supporting EU supply-chain goals and reducing import dependency.
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  22 January 2026

  LANXESS Partners with VERBUND for Green Electricity Supply

  Green electricity from Bavarian hydropower will cut LANXESS's CO2 emissions by 60,000 tons, aiding its goal of climate-neutral production by 2040.
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  6 January 2026

  Evonik Wins 2026 kununu Top Company Award

  Evonik earns the kununu Top Company Award for the fifth consecutive year, reflecting high employee satisfaction based on independent reviews.