Brazilian chemical industry news

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  13 March 2026

  Petrobras Adjusts Diesel Prices

  Diesel prices rise by R$ 0.38/liter for distributors. Federal tax exemptions and a subsidy program mitigate consumer impact.
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  13 March 2026

  Petrobras Joins Diesel Subsidy Program

  Petrobras' Board approves joining a diesel subsidy, pending regulatory review. The move aligns with its strategy to maintain market share and profitability without price volatility.
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  13 March 2026

  EIB Global Funds ATOME's Green Hydrogen Fertiliser Plant in Paraguay with USD 95 Million

  The Villeta plant will produce low-carbon fertiliser using Paraguay's renewable energy, creating 5,000 jobs and enhancing regional fertiliser supply and sustainability.
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  12 March 2026

  Petrobras Invests R$ 21 Million in Four Climate Resilience Projects

  Four projects in Rio Grande do Sul and São Paulo will enhance climate resilience through nature-based solutions, with a focus on community involvement and environmental benefits.
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  12 March 2026

  Evonik and IMCD Expand U.S. Distribution for VISIOMER® Methacrylates

  IMCD will distribute VISIOMER® Specialty Methacrylates in the U.S., enhancing support for coatings, adhesives, construction, and more.
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  11 March 2026

  Repsol, TotalEnergies, Shell Begin Oil Production at Brazil's Lapa Southwest

  Lapa Southwest adds 25,000 barrels/day, boosting Lapa field to 60,000. Three wells tie-back to FPSO. Repsol focuses on Brazil for growth, with Raia Project set for 2028.

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  11 March 2026

  TotalEnergies Launches Lapa South-West Project

  The Lapa South-West project boosts production by 25,000 barrels/day, aligning with TotalEnergies' strategy for low-cost, low-emission growth in Brazil.
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  11 March 2026

  Elkem Restructures and Cuts Costs to Boost Competitiveness

  Elkem introduces a new structure, reduces workforce by 300, and cuts costs by NOK 1.9 billion to enhance profitability amid market challenges.
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  10 March 2026

  IFF Expands in Latin America with New Enzyme Hub and Brazil Lab

  IFF enhances Latin American operations with enzyme production in Argentina and a home care lab in Brazil, boosting innovation and regional market support.
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  6 March 2026

  Petrobras 2025 Net Profit Hits R$ 110 Billion

  Despite a 14% Brent price drop, increased oil and gas production drove strong financial results, with R$ 200 billion in operational cash flow and significant investments in E&P projects.
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  3 March 2026

  Petrobras Invests R$151 Million in Libra Rocks Geological Project

  Libra Rocks aims to enhance oil recovery and reservoir management using AI and geological models, partnering with Brazilian universities for research and innovation.
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  2 March 2026

  Galp 4Q & FY25 Financial Results

  Strong 2025 performance with €2.2bn cash generation, 4% DPS increase, and €250m buyback. Key growth in Brazil, Namibia, and Sines. Net debt at €1.3bn, FCF at €81m.
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  25 February 2026

  Topsoe Chosen by Petrobras for Major SAF and Renewable Diesel Project in Brazil

  Petrobras will use HydroFlex® technology to process 1 million tons of feedstock annually, pending final investment decision and approvals.
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  24 February 2026

  Brenntag Partners with Nanum for Nanomaterials Distribution

  The agreement enhances Brenntag's specialty offerings in Brazil, integrating advanced nanotechnology for improved solutions in coatings, polymers, energy, and water treatment sectors.
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  19 February 2026

  AGC Biologics Gains Anvisa GMP Certification for Seattle Facility

  The Seattle site can now supply biopharmaceuticals to Brazil, enhancing AGC's global supply capabilities and expanding regulatory approvals to over 11 countries.
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  12 February 2026

  Petrobras Updates on Braskem Share Transaction

  Petrobras' Board approved not exercising rights in Braskem share transfer to Shine I FIDC, allowing ongoing negotiations to proceed. Further updates will be disclosed as available.
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  10 February 2026

  Petrobras P-79 Platform Reaches Búzios Field

  The FPSO P-79 arrived at the Búzios field to expedite production. It has a capacity of 180,000 barrels of oil and 7.2 million m³ of gas daily, part of the Búzios 8 Production Development project.
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  10 February 2026

  Petrobras Oil and Gas Production Hits 3 Million Barrels in 2025

  Production rose 11% in 2025, with reserves up 1.7 billion boe. Domestic sales increased, driven by diesel and gasoline. Offshore production and refining efficiency reached new highs.
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  3 February 2026

  Symrise Earns High CDP Sustainability Scores

  Symrise scores A- in climate and water, B in forests from CDP, highlighting transparency and commitment to sustainable practices and environmental impact reduction.
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  2 February 2026

  Equinor Sells Argentina Onshore Assets to Vista Energy

  Equinor divests its Vaca Muerta onshore assets for $1.1B, enhancing financial flexibility and focusing on offshore opportunities.
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  29 January 2026

  Iberdrola Sells Spanish Gas Plants to Edison Next

  The sale includes five gas plants and four biomethane projects, aligning with a strategy to focus on electrification and renewable energy.
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  27 January 2026

  Moeve Reduces Fresh Water Use by 21% in Spanish Industrial Parks Since 2019

  Moeve plans a 25% water reduction by 2028, expanding efforts to Brazil, Canada, and China, while maintaining top water management ratings.
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  27 January 2026

  Nouryon Announces 2025 Supplier of the Year Awards

  Nouryon recognizes suppliers for innovation, resilience, and sustainability, enhancing its supply chain and customer value.
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  26 January 2026

  Iberdrola Earns Fifth Consecutive Spot on CDP's "A List" for Environmental Transparency

  Recognized for top environmental transparency, Iberdrola's commitment to electrification and sustainability is highlighted by CDP, with only 4% of companies achieving this status.
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  15 January 2026

  Arkema Earns Top Employer 2026 in 10 Countries

  Recognized for HR excellence, Arkema excels in quality of life, diversity, skills development, and digital HR, covering 82% of its workforce across 10 countries.
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  15 January 2026

  Iberdrola Achieves Top Employer Enterprise Seal Again

  Recognized for excellence in people management, Iberdrola surpasses industry standards, securing the Top Employer Enterprise seal for the second year, with certifications in ten countries.
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  13 January 2026

  BASF Acquires AgBiTech for Biological Insect Control

  BASF to fully acquire AgBiTech by 2026, enhancing insect control solutions in Brazil with NPV technology, supporting sustainable agriculture and integrated pest management.
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  8 January 2026

  SABIC Divests European Petrochemicals and Americas/Europe Engineering Thermoplastics for $950 Million

  The divestments aim to optimize the portfolio, enhance cash flow, and focus on high-margin markets, while maintaining strategic access and customer service.
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  22 December 2025

  Clariant Denies Competition Law Allegations by MOL Group and Braskem

  Clariant received damage claims totaling EUR 950 million related to 2020 competition law infringement but rejects the allegations, citing no market impact.
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  16 December 2025

  Iberdrola and Microsoft Sign 150 MW PPAs and Expand AI Collaboration

  The alliance enhances digital capabilities, AI use, and renewable energy projects, including new PPAs in Spain and existing ones in the US, totaling 500 MW.