The 1 MW PEM electrolyzer will produce hydrogen for a refuelling station to supply dual‑fuel heavy trucks and help build South Island hydrogen infrastructure.
Strong cash flow and low leverage; all segments profitable. Chemicals lifted by Borouge International closing and higher olefin/polyolefin prices.
Net sales +5.2% organic H1; recurring EBIT margin 18.1%; closed Xella and Cementos Pacasmayo; FY2026 guidance raised to ~5% sales and ~10% recurring EBIT growth.
Sales rose 14% to ¥1,004.2bn; core operating income doubled to ¥114.1bn. Semiconductor demand, higher prices, FX and Middle East-driven naphtha effects boosted performance.
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.
Q1: operating cash flow €776m (€1,624m excl NWC, +20%); net income €323m; leverage 17%. Energy down, Fuels flat, Chemicals up on Borealis reclass. and higher polyolefin margins; Borouge closed
FDA approved sNDA for CAPLYTA (lumateperone) to prevent relapse in schizophrenia. Phase 3 randomized‑withdrawal: 63% lower relapse risk (HR 0.37); 84% relapse‑free at 6 months; safety consistent.
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.
Worley provides technical support for New Zealand's LNG terminal, ensuring international standards and local compliance, from procurement to commissioning.
Sinopec's phenol export to New Zealand marks its international debut, achieved through strategic market analysis, efficient coordination, and meeting customer specifications.