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Brazilian chemical industry news
14 May 2026
Petrobras restarts fertilizer production at Fafen-BA
Plant resumed operations after R$100M investment, running at 90% capacity and meeting ~5% of national fertilizer demand. Plans include E&P, biodiesel, waste-oil programs and cultural funds.
8 May 2026
Petrobras RNEST sets April diesel S‑10 record — 385 million L
Upgrades (2025 revamp) raised capacity to 130 kb/d, lifting refined‑fuel output ~60% y/y; R$12bn to finish train‑2 to reach 260 kb/d by 2029, boosting energy security and cutting imports.
7 May 2026
Worley appointed feasibility advisor for St George’s Araxá niobium and rare earths project
Appointed feasibility advisor to provide consulting and engineering for feasibility studies, metallurgy and process, mine planning, plant/tailings design, procurement and construction.
7 May 2026
EU, Brazil and China launch Open Coalition on Compliance Carbon Markets
New coalition to strengthen domestic carbon markets: improve MRV, accounting, transparency and offsets. Open to nations with national compliance schemes; New Zealand and Germany have joined.
7 May 2026
Statkraft Q1 results strong despite lower production
Strong Q1 driven by higher Nordic power prices despite lower hydropower output; underlying EBITDA NOK13.3bn, net profit NOK8.1bn, net debt down NOK8.3bn, ROACE 12.3%
6 May 2026
Equinor Q1 2026 results
Adjusted operating income USD 9.77bn; adjusted net income USD 3.70bn. Record production +9% (2,313 mboe/d). Seven NCS discoveries, Raia drilling, Q1 dividend $0.39/sh, $375m buy-back tranche.
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1 May 2026
Petrobras starts Búzios 8 (P-79) production
Brought online three months early, FPSO adds 180,000 bpd and 7.2M m³/d compression, raising field capacity to ~1.33M bpd; 14 wells planned and up to 3M m³/d gas export.
30 April 2026
TechnipFMC Q1 2026 Results
Q1 revenue $2.49B; net income $260.5M; adjusted EBITDA $466M (or $453M ex-FX); Subsea orders $1.9B; operating cash flow $332M; free cash flow $277M; $265M buyback
30 April 2026
Petrobras posts 1Q26 own production record of 3.23 MMboed
Ramp-up of multiple FPSOs and 10 new wells drove production gains (3.7% QoQ, 16.1% YoY); operated production 4.65 MMboed. Refining utilization, S10 diesel output and logistics records; LPG imports fell.
30 April 2026
Petrobras resumes urea production at Ansa in Araucária, PR
Urea output resumed after 2020 hibernation following R$870M reactivation; mobilization created 2,000 jobs and ~700 ongoing; restart after ARLA‑32 and ammonia tests strengthens domestic supply
28 April 2026
Brenntag to distribute Nouryon Bermocoll cellulose ethers in Brazil
Agreement expands distribution into Brazil for coatings and inks, offering tailored viscosity control, technical support and logistics to strengthen supply and coatings performance.
27 April 2026
Brenntag Specialties to distribute Shinehigh supramolecular actives
Exclusive global (ex-Russia) distribution for supramolecular actives in beauty & personal care across Europe, Americas, India and Vietnam; offers deeper penetration and validated efficacy
27 April 2026
Galp Q1 2026 Results
Strong Q1 with €943m RCA EBITDA, Upstream €685m; net income €272m; OCF €713m; FCF €47m; net debt stable at €1.3bn; Namibia exploration & Moeve merger progressing.
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.
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.
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