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Canadian chemical industry news
5 May 2026
Johnson & Johnson: TREMFYA (guselkumab), first IL‑23 inhibitor to show efficacy in perianal fistulizing Crohn’s disease
Phase 3 FUZION: Week‑24 combined fistula remission 28.3% (100 mg q8w) and 27.0% (200 mg q4w) vs 10.3% placebo; safety profile consistent; CHARGE head‑to‑head trial initiated.
1 May 2026
INEOS Enterprises to sell INEOS Calabrian to Ecovyst
Sale covers ultra-pure sulphur dioxide and derivatives business with plants in Texas and Ontario; deal valued at $190M; expected to close by end-June 2026; operations unchanged until completion.
29 April 2026
Worley to deliver FEED for Dow Path2Zero cogeneration in Canada
FEED for cogeneration with post-combustion carbon capture; brownfield unit targeted by 2030 to support net-zero Scope 1/2 and expand low-carbon polyethylene output.
27 April 2026
Shell to acquire ARC Resources
Deal adds 370 kboe/d, lifts production CAGR to 4% to 2030, boosts low‑cost Montney liquids and gas, ~US$16.4bn enterprise value, accretive to FCF/share from 2027; closes H2 2026
26 April 2026
Toray launches 0.005 µm ultrafiltration module to reduce biofouling
Module enters mass production for wastewater reuse; cuts biopolymer permeate to ~1/3 vs conventional, reducing RO cleaning frequency, operational issues and reuse OPEX.
24 April 2026
BASF launches ELASTOSPRAY BMB biomass‑balance isocyanate for North American SPF market
Drop-in biomass-balance isocyanate for SPF systems requires no reformulation, offers 21-29% lower product carbon footprints, REDcert2-verified, supports EPDs and local renewable-energy production
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23 April 2026
Dow Q1 2026 results
Q1: Net sales $9.8B (-6%); volumes -2%; local price -7%. GAAP loss $445M; operating EBIT $154M. Cash from ops $1.1B aided by NOVA payment. Sadara equity loss recognition suspended.
21 April 2026
Roche’s fenebrutinib halves RMS relapse rate to ~1 per 17 years
FENhance 1/2: the BTK inhibitor cut MRI lesion activity vs teriflunomide and showed trends to less disability; PPMS trial non‑inferior to ocrelizumab. Safety: similar LFTs; more deaths.
21 April 2026
EBA annual event: Europe shifts to industrial-scale battery execution
Panelists stressed transition from project launches to industrial ramp-up, needing coordinated policy, finance and market measures, new funding tools, and scalable tech to secure competitiveness
21 April 2026
OCI Global sells remaining Methanex stake
Sold 2,612,962 shares (~3.4%) in a block trade at US$52.85 each on 20 April; net proceeds ≈US$138.1M. May acquire or dispose of such securities in the future.
20 April 2026
Elkem sells Saguenay biocarbon unit to CHAR Tech, secures 5‑year 62,500‑t supply
Sale transfers pilot/demo facility and proprietary pellet tech; site to be upgraded to 15,000 t/yr of pellets, converting raw biochar into biocarbon for ferrosilicon decarbonisation and smelter supply.
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.
15 April 2026
PPG acquires pavement-marking maker Ozark Materials
All-cash $65M purchase of a U.S. pavement-marking supplier serving US and Canada. About 130 employees; strengthens Traffic Solutions and North American market presence.
15 April 2026
GSK acquires 35Pharma for $950m
Deal closed for biotech developing HS235, an activin‑receptor therapy for pulmonary hypertension; designed to cut bleeding risk and offer metabolic benefits. PoC trials in PAH and PH‑HFpEF planned.
14 April 2026
OCI Global sells 2M Methanex shares for ~$116.6M
Block trade on 13 April; ownership fell from ~6.0% to ~3.4%. Transaction was for investment purposes; company may repurchase or further sell shares depending on market and the stock's performance.
10 April 2026
Eni invests US$70M in Nouveau Monde Graphite
US$70M in a US$297M raise to fund Matawinie & Becancour; investor gains ~11.5% stake and board seat, secures exclusive graphite/anode supply for Brindisi gigafactory; pending AGM approval
2 April 2026
ABO Energy Advances International Projects
Sold rights to 63 MW wind project in New Brunswick (with PPA); signed Owner’s Engineering for 64.86 MWp Belorado I solar in Spain; received final payment for sold 200 MW Colombian solar project.
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
31 March 2026
Johnson Matthey DPFi DPF earns Canadian CSA certification
Electrically regenerating diesel particulate filter certified by CSA for Canadian underground mining/tunnelling; also certified by Canmet and VERT and approved by US MSHA.
28 March 2026
Amgen: Repatha cuts first major cardiovascular events 31% in high‑risk patients without significant atherosclerosis
VESALIUS‑CV subgroup (3,655 high‑risk diabetics without known atherosclerosis) showed a 31% reduction in first major CV events vs placebo; median LDL‑C 44 mg/dL over ~4.8 years.
28 March 2026
Takeda’s Zasocitinib: Once‑daily pill achieves rapid, durable clearance in plaque psoriasis
Phase 3: ~70% reached sPGA 0/1 at week 16; PASI90 up to 61%, PASI100 up to 33%. Responses rose through week 24 and >90% of responders maintained effect to week 60. Safety consistent with prior studies
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
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
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.
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.
19 March 2026
GSK: Lynavoy (linerixibat) FDA-approved for cholestatic pruritus in PBC
FDA approved linerixibat for cholestatic pruritus in adults with PBC after GLISTEN phase III showed rapid, sustained itch and sleep improvements. Common AEs: diarrhea, abdominal pain.
19 March 2026
Clariant opens pharma-grade PEG manufacturing plant in Texas
GMP-compliant excipient production strengthens supply-chain resilience, shortens lead times, and improves continuity and traceability for pharma customers across North & Latin America.
17 March 2026
Kemira obtains PMRA approval in Canada for KemConnect DEX
Chlorine-free performic-acid wastewater disinfection; used in Paris 2024 wastewater works. Combines on-site generation, real-time monitoring and dosing algorithm. Canada rollout pending approvals
17 March 2026
BASF Agricultural Solutions invests €17M to expand Saskatoon canola breeding centre
Construction 2026–2027 adds automation, genomic-selection pipelines and a research glasshouse to boost breeding throughput, speed genetic gain and deliver higher-yield, disease-resistant hybrids
16 March 2026
OCI Sells Methanex Shares
OCI sold 3.3 million Methanex shares for $172.6 million, reducing its stake from 12.9% to 8.6%. Future transactions depend on market conditions and Methanex's performance.
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