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Chinese chemical industry news
3 March 2026
GSK Finalizes RAPT Therapeutics Acquisition
GSK acquires ozureprubart, a potential long-acting anti-IgE therapy for food allergies, with phase IIb data expected in 2027. The deal is valued at $2.2 billion.
2 March 2026
WuXi Biologics in S&P Global Sustainability Yearbook for Fourth Year
Recognized for top sustainability performance, achieving a Top 1% S&P Global CSA Score, and earning multiple ESG accolades across various indices and initiatives.
27 February 2026
BASF Advances "Winning Ways" Strategy Milestones
BASF boosts free cash flow, starts Zhanjiang plants, and cuts costs. 2025 EBITDA drops to €6.6B; 2026 outlook: €6.2-7.0B EBITDA, €1.5-2.3B free cash flow.
26 February 2026
GSK's Linerixibat Gets Priority Review in China for PBC-Related Itch
Linerixibat shows significant improvement in cholestatic pruritus in PBC patients, based on GLISTEN phase III trial data. Regulatory reviews ongoing in US, EU, UK, and Canada.
26 February 2026
Covestro Meets 2025 Guidance Amid Challenges
Sales and EBITDA fell in 2025. Strategic moves and partnerships aim to boost growth. 2026 outlook: stable EBITDA, improved cash flow, and reduced emissions.
25 February 2026
Regulation Essential for OCCS Investment in Maritime Decarbonization
A DNV report highlights the need for clear regulations to advance OCCS technology, crucial for maritime decarbonization, with pilot projects showing technical feasibility and economic potential.
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25 February 2026
Vopak Announces Record 2025 Results and EUR 1.7 Billion Shareholder Program
Net profit rose 61% to EUR 604M. Operating cash flow hit EUR 823M. EUR 4B investment by 2030 planned. EUR 1.1B in growth projects underway. Energy transition projects worth EUR 200M in progress.
24 February 2026
Novo Nordisk's UBT251 Achieves 19.7% Weight Loss in Phase 2 China Trial
UBT251, a triple agonist, showed significant weight loss and improved health markers in a Chinese phase 2 trial, with a safe and well-tolerated profile.
19 February 2026
INEOS Secures €300M French Grant to Decarbonise Lavera Site
The investment cuts CO2 by 331,000 tonnes annually, secures jobs, boosts competitiveness, and supports France's industrial and climate goals through electrification and carbon capture.
18 February 2026
NEXTCHEM Secures Licensing Deal in China for NX CONSER™ Technologies
The technologies will enable efficient co-production of BDO and DMS, supporting biopolymer production with improved cost, energy efficiency, and sustainability.
13 February 2026
Sinopec's Natural Gas Power Project Connects to Grid
Sinopec's project uses natural gas pressure differences for power, generating over 10,000 kWh by Feb 12, reducing costs and enhancing energy efficiency with intelligent control systems.
13 February 2026
Elkem Q4 2025: Market Challenges Offset by Cost Improvements; Silicones Division Sale
EBITDA fell 24% YoY. Silicones sale to Bluestar boosts focus and flexibility. Safety incident in Lyon. Market uncertainties persist, but strong cost positions aid adaptation.
12 February 2026
Sinopec Phenol Debuts in International Market
Sinopec's phenol export to New Zealand marks its international debut, achieved through strategic market analysis, efficient coordination, and meeting customer specifications.
12 February 2026
Sinopec Capital Invests in Jushi's Shanghai Listing
Jushi, a leader in fiber-reinforced materials, issued 261M shares to boost production and R&D. Future collaboration will focus on carbon fiber and clean energy applications.
12 February 2026
NEXTCHEM Expands Polymer Portfolio with NXPand Suite and Launches NX CONSER PolyFlex Technology for Spandex Production
NX CONSER PolyFlex offers sustainable PTMEG production for spandex, using both conventional and bio-based feedstock, enhancing flexibility and resistance for high-growth textile markets.
11 February 2026
Port of Antwerp-Bruges Urges Action at European Industry Summit
Europe's industry faces challenges from high costs and slow permits. Urgent action is needed to boost competitiveness and prevent further decline.
11 February 2026
INEOS Warns: Europe's Chemical Industry at Risk Without Immediate Action
Europe's chemical industry faces closures, job losses, and increased emissions. Urgent action needed on energy costs, carbon taxes, and trade defense to restore competitiveness.
10 February 2026
Sinopec Dataset Achieves MIIT Quality Certification
The dataset passed national standards, scoring over 90 in key metrics, supporting AI applications and providing a model for the petrochemical industry.
9 February 2026
WuXi Biologics Earns Third Consecutive EcoVadis Platinum Medal
Recognized for top ESG performance, the company strengthens sustainability with SBTi-approved targets, ISO 20400 certification, and green innovation initiatives.
9 February 2026
DOMO to Establish Asia Development Center in China
The new center in Haiyan will enhance innovation, support Asian customers, and focus on sustainable growth, leveraging local production and supply chain strengths.
6 February 2026
Covestro, Fertiglobe, TA’ZIZ Explore Ammonia Collaboration
The MoU explores ammonia supply and infrastructure, focusing on low-carbon production and long-term opportunities in China, the US, Europe, and the UAE.
6 February 2026
Evonik Expands HTPB Production Globally
Evonik boosts HTPB output with new facilities in Germany and Asia, enhancing supply reliability and meeting global demand.
6 February 2026
Sony Establishes First Global Supply Chain for Renewable Plastics in High-Performance Products
Fourteen companies collaborate to create a supply chain for renewable plastics, enhancing Sony's product sustainability and tracking GHG emissions to reduce carbon footprint.
5 February 2026
Bio-LNG Bunkering in Rotterdam Increases Sixfold in 2025
In 2025, Rotterdam saw a rise in LNG and biomethanol bunkering, while bioblended fuels initially dropped but later recovered. The port also conducted its first ammonia bunkering test.
4 February 2026
ARLANXEO Opens New HNBR Plant in China
The new plant in Changzhou boosts HNBR production for strategic sectors, enhances local R&D, and supports sustainability with advanced technology and energy efficiency.
3 February 2026
WuXi Biologics and Vertex License Agreement for T-cell Engager
Vertex gains global rights to develop a trispecific T-cell Engager for autoimmune diseases, with WuXi Biologics providing research and development services.
3 February 2026
Arkema and Senior Collaborate on Next-Gen Battery Materials
The collaboration aims to enhance battery performance, safety, and efficiency through advanced materials and separator technologies, supporting innovation in the global battery market.
30 January 2026
Dangote and XCMG Partner on African Infrastructure and Green Projects
The partnership focuses on infrastructure, mining, and green projects in Africa, emphasizing sustainability, innovation, and mutual growth through shared expertise and resources.
29 January 2026
Roche Reports 7% Sales Growth in 2025 Results
Pharmaceuticals and diagnostics drive profit and earnings growth. Key approvals and advancements in therapies. Dividend increase proposed. Board changes announced. Positive 2026 outlook.
29 January 2026
WuXi Biologics and Sinorda Biomedicine Partner to Develop Bispecific Antibody
The collaboration aims to advance SND006 for autoimmune diseases, leveraging WuXi's expertise to expedite IND applications in China and the U.S.
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