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Brazilian chemical industry news
20 April 2026
GSK's Blenrep approved in China for 2L+ relapsed/refractory multiple myeloma
Approved with bortezomib+dexamethasone for adults after ≥1 prior line; DREAMM‑7: 3x PFS (36.6 vs 13.4m) and 42% lower death risk; outpatient ADC; ocular AEs manageable.
16 April 2026
Petrobras: Ordinary General Meeting decisions
Approved 2025 accounts and 2026 capital budget; allocated 2025 results with two equal payments (May 20, Jun 22); elected 11 directors and 5 fiscal council members; set remuneration caps.
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.
14 April 2026
Honeywell to supply ETJ technology for Petrobras’ first large-scale SAF plant in Latin America
ETJ process to be built at REPLAN (São Paulo) to produce up to 10,000 bpd SAF from ethanol — the first large-scale ETJ project in Latin America.
14 April 2026
Petrobras to invest $450M in world's largest seabed seismic monitoring project
Permanent seabed seismic sensor network in Mero (Santos Basin) will map reservoir behavior to improve recovery and monitor FPSO production. 460 km cables in place; first data Q2 2026; AI used.
14 April 2026
Equinor sells 8.07% stake in Scatec, retains 8.05%
Sold at NOK125/share for ~NOK1.6bn; remaining holding subject to 90‑day lock‑up. Average in‑price ~NOK80/share; Brazilian solar partnerships unaffected.
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14 April 2026
WACKER and Amyris partner on bio-based personal-care ingredients
Develop bio-based functional ingredients for cosmetics; expand silicone range with renewable raw materials; test novel molecules and production integration.
13 April 2026
Petrobras greenlights SEAP I FID and advances contracting of two Sergipe‑Alagoas platforms
SEAP II FID had been approved earlier. SBM Offshore to build two BOT FPSOs with combined 240,000 bbl/d and 22 MMm3/d gas. Contract signing May 2026; production ~2030/2031; investment >R$60bn.
13 April 2026
Petrobras approves restart of UFN III fertilizer plant construction in Três Lagoas
Board approved resumption of UFN III construction; ~$1B to complete, operations in 2029; ~8,000 construction jobs; capacity ~3,600 t/d urea and 2,200 t/d ammonia; strategic for domestic supply
13 April 2026
Lucas Meyer Cosmetics by Clariant unveils AlgaSurge, Lysofix Liquid and LightYears at in-cosmetics 2026
Introduces a microalgae skin longevity active that boosts hydration, collagen and renewal, and reduces inflammation and spots. Emulsifier data: soothes, repairs barrier and improves hair combing.
13 April 2026
Petrobras discovers hydrocarbons in deepwater pre‑salt Campos Basin well
Hydrocarbons found in pre-salt of Campos Basin (block C‑M‑477) in exploratory well 201 km off Rio de Janeiro at 2,984 m water depth; presence confirmed by logs, gas shows and fluid samples.
10 April 2026
Petrobras to regain 100% of Tartaruga Verde and Espadarte Module III
Signed to acquire remaining 50% of Tartaruga Verde and Espadarte III for US$450M: $50M signing; $350M at close; two deferred $25M. Pending ANP approval. Fields producing ~55k b/d
6 April 2026
Petrobras names Angélica Laureano to executive board
Claudio Schlosser's mandate ended immediately as Exec. Dir., Logistics & Markets. Angelica Laureano takes over 7 Apr 2026-Apr 2027. William Franca temporarily covers Energy Transition/Sustainability.
2 April 2026
FDA approves Lilly's Foundayo (orforglipron), oral GLP‑1 for anytime dosing
Oral GLP‑1 produced ~12% mean weight loss (~27 lb) at 72 weeks in Phase 3. Available via direct home delivery with low‑cost copays; carries thyroid tumor and GI side‑effect warnings.
2 April 2026
Petrobras settles Shared Tupi Field redetermination payments
On 31/03/2026 received ~R$3bn from partners and paid ~R$600m to the Union; participation increased from 67.216% to 67.457% effective 01/12/2025; amounts recognized in 4Q25.
1 April 2026
BASF acquires AgBiTech
Deal closed Mar 31, 2026 after regulatory approvals; adds proven biological insect-control tech, boosts offerings in Brazil and enables global scaling to broaden farmer insect-control options
27 March 2026
Eastman raises ester prices effective April 1, 2026
isobutyl acetate +$0.15/lb (NA, LatAm), +$0.28/lb (APAC); n-butyl (excl Eastapure) +$0.15/lb (NA, LatAm); n-propyl +$0.15/lb (NA, LatAm). Cited higher raw-material and energy costs.
26 March 2026
Petrobras discovers pre-salt oil in Campos Basin
3-BRSA-1397-RJS well at Marlim Sul, 113 km offshore, 1,178 m water depth; oil interval confirmed. Samples taken for lab analysis. Drilling completed safely to assess reservoir potential.
25 March 2026
Petrobras and Finep launch R$30m biorefining R&D call
R$30m R&D call for biorefining to develop low‑carbon biofuels from residual feedstocks via biotechnological routes; part of a Technological Ecosystems initiative (up to R$120m). Deadline 29/5
24 March 2026
Equinor begins Raia pre‑salt gas drilling offshore Brazil
Six wells started 24 Mar with Valaris DS‑17 in ~2,900m water; recoverable >1bn boe; capacity 16m m3/day (~15% national demand); start‑up 2028; $9bn investment; FPSO ~6 kg CO2/boe.
23 March 2026
Equinor adds 230 MW Esquina do Vento wind complex in Brazil
Acquired ready-to-build 51-turbine onshore wind complex; expands onshore renewables and storage platform, supports integrated wind/solar/trading strategy, targets ~1 TWh/year and double-digit returns.
20 March 2026
Petrobras contracts two thermoelectric plants in 3rd Capacity Reserve Auction
Contracted two thermoelectric plants in 3rd LRCAP; combined with prior auction totals nine plants (~2.6 GW firm capacity for SIN, 2026–2031). Estimated annual fixed revenue ≈ R$4.45bn.
20 March 2026
Petrobras resumes investments in Minas Gerais during Lula visit
During Lula’s visit to Regap (Betim), resumption of investments announced: R$3.8bn (2026–30), up to R$9bn/10 yrs; 8k–36k jobs; +25k bpd capacity (2027) and 13.3 MW solar plant.
19 March 2026
Equinor Annual Report 2025
Record production and strong cash results in 2025; safety improved; adjusted operating income $27.6B; production 2,137 mboe/d; renewables +25%; emissions −34% since 2015.
18 March 2026
Petrobras Contracts 8 Thermoelectric Plants in 2026 Capacity Reserve Auction
Result secures ~R$4bn annual fixed revenue, requires signing CRCAPs, proving firm fuel supply and meeting ONS operational rules; portfolio totals 4.9 GW, supporting SIN availability
16 March 2026
Petrobras to Acquire Full Ownership of Tartaruga Verde and Espadarte Fields
Petrobras will pay $450M to acquire Petronas' 50% stake in Tartaruga Verde and Espadarte fields, regaining full ownership. Completion awaits regulatory approval.
13 March 2026
Petrobras Adjusts Diesel Prices
Diesel prices rise by R$ 0.38/liter for distributors. Federal tax exemptions and a subsidy program mitigate consumer impact.
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.
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.
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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