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Canadian chemical industry news
30 October 2025
Statkraft Sells Assets for NOK 13.5 Billion in Q3 2025
Statkraft's Q3 results fell due to low prices and negative hedging. Asset sales aim to reduce complexity and fund growth in prioritized markets and technologies.
29 October 2025
Iberdrola Launches €1 Billion EU Green Hybrid Bond
Iberdrola's €1 billion green hybrid bond saw high demand, oversubscribed 8 times, with a 3.75% coupon. It aligns with EU Green Bond Standard, attracting sustainable investors.
29 October 2025
Baltic Power Installs Key Offshore Substations
Two offshore substations installed to transmit wind-generated electricity to Poland's grid, with significant local manufacturing involvement. Completion set for next year, providing 1.2 GW capacity.
28 October 2025
Merck's KEYTRUDA and WELIREG Combo Improves DFS in RCC Patients Post-Nephrectomy
The LITESPARK-022 trial shows improved DFS with KEYTRUDA and WELIREG in RCC patients. Safety profiles align with previous studies. Results to be shared with regulators.
27 October 2025
Johnson & Johnson's Icotrokinra Shows Therapeutic Benefit and Safety in Ulcerative Colitis
Icotrokinra shows sustained clinical benefits and safety in ulcerative colitis, with Phase 3 trials underway for broader applications.
23 October 2025
Merck's KEYTRUDA and KEYTRUDA QLEX Get FDA Priority Review for Bladder Cancer Treatment
FDA grants priority review for KEYTRUDA combinations with Padcev, showing improved survival in muscle-invasive bladder cancer patients ineligible for cisplatin-based chemotherapy.
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23 October 2025
BASF Announces Leadership Change in Communications
Nina Schwab-Hautzinger to leave BASF in 2026 for a new role. Successor to be announced. She modernized communications and led during key transitions.
16 October 2025
E3 Lithium and Axens Sign MOU for Lithium Carbonate Sale and Sorbent Supply
The MOU outlines plans for E3 to supply lithium carbonate and Axens to provide a lithium sorbent, aiming for secure supply chains and future definitive agreements.
3 October 2025
Tessenderlo Kerley Acquires Eastman's Metam Labels in North America
The acquisition expands Tessenderlo Kerley's soil fumigation portfolio, enhancing distribution and support for U.S. and Canadian growers, with a focus on safety and regulatory compliance.
30 September 2025
BASF Names Andy Gutacker SVP and GM of Geismar Site
Gutacker to lead operations at BASF's largest North American site, succeeding Lebold. He brings extensive experience from roles at BASF, Linde, and Air Products.
23 September 2025
Trinseo and Modified Concrete Suppliers Enhance Gordie Howe Bridge with Advanced Materials
The Gordie Howe Bridge uses advanced latex-modified concrete for durability, reducing maintenance and enhancing performance, setting a new standard for infrastructure projects.
18 September 2025
BASF Expands xarvio FIELD MANAGER to Argentina and Brazil
xarvio FIELD MANAGER enhances farm management with data-driven insights, precision tools, and customizable features for agribusinesses in Argentina and Brazil.
15 September 2025
Brenntag Expands Lallemand Enzyme Distribution to North America
The agreement extends enzyme distribution from Europe to North America, enhancing baking solutions with advanced, sustainable innovations for U.S. and Canadian markets.
10 September 2025
Greenergy and Belledune Port Authority Sign Lease Agreement
The lease of a tank facility boosts regional growth, enhances fuel supply, and supports green initiatives, with CN aiding distribution via rail.
1 September 2025
Moeve Names Antonio Joyanes EVP of Energy Parks & E&P
Antonio Joyanes to lead Energy Parks and E&P. Alex Archila retires after 42 years, praised for his leadership and contributions to Moeve's transformation.
27 August 2025
Genesis Fertilizers and Gunvor Partner on Natural Gas, DEF, and Carbon Credits
The partnership aims to secure natural gas supply, DEF offtake, and carbon credits, supporting a low-carbon fertilizer facility in Western Canada.
26 August 2025
Aurubis AG Secures Copper Concentrate Offtake from Troilus Gold
The agreement ensures long-term access to copper concentrate, enhancing portfolio resilience. Deliveries start post-Troilus Mine construction, backed by German government financing.
7 August 2025
Lyten Acquires Northvolt Assets in Sweden and Germany
Lyten acquires Northvolt's Swedish and German assets, boosting battery production and energy independence efforts in Europe and North America.
1 August 2025
Borealis Partners with IMCD for Bormed™ Distribution in Americas
Effective August 1, 2025, the agreement expands access to healthcare polyolefins in the Americas, enhancing service and compliance for medical and pharmaceutical applications.
30 July 2025
Uniper and Tourmaline Sign 8-Year Gas Supply Deal
The agreement secures 80,000 MMBtu/day from 2028, enhancing supply diversity and European energy security with TTF pricing and delivery to Louisiana's ANR SE hub.
24 July 2025
Dow Q2 2025 Financial Results
Net sales fell 7% YoY. GAAP net loss was $801M. Cash flow negative $470M. CEO cites actions for $6B growth by 2026 amid weak conditions. Dividends adjusted for capital balance.
23 July 2025
BASF, AltaGas Sign Long-Term Butane Deal
The agreement diversifies BASF's feedstock in Asia and strengthens AltaGas' export operations, enhancing supply chain resilience and reducing risk.
21 July 2025
EU Approves Bayer's Nubeqa for Advanced Prostate Cancer
EU approves darolutamide with ADT for mHSPC, based on ARANOTE trial. Offers treatment flexibility with or without chemotherapy, enhancing patient care.
18 July 2025
Mitsubishi Chemical Invests in Licella for Oil Conversion Expansion
Investment supports global expansion of Cat-HTR™ technology for converting waste plastics and biomass into sustainable fuels, aligning with goals for a low-carbon, circular economy.
23 June 2025
Linde to Supply Gases for Low-Carbon Ammonia Plant in Louisiana
A new air separation unit will supply oxygen and nitrogen to a major low-carbon ammonia project, enhancing existing infrastructure in the U.S. Gulf Coast. Completion is expected by 2029.
30 January 2025
Northvolt North America Leadership Change
Karen Chang and Jose Diaz are interim CEO and COO, respectively, during the leadership transition. Paolo Cerruti remains Chairman, supporting strategic growth and continuity.
22 November 2024
Peter Carlsson Steps Down as Northvolt CEO
Northvolt files for Chapter 11, appoints interim leadership, and initiates CEO search. Carlsson remains as Senior Advisor and Board Member.
1 August 2024
Trafigura Acquires Greenergy
Trafigura completes acquisition of Greenergy's European and Canadian supply businesses, aiming to enhance growth and support a lower carbon future.
23 August 2022
EverWind and Uniper Sign MOU for Green Hydrogen Hub in Nova Scotia
The MOU secures 500,000 tonnes of green ammonia annually, advancing Nova Scotia's green hydrogen hub, supporting decarbonization in Germany, and fostering Canada-Germany energy collaboration.