New Zealander chemical industry news

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  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.
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  30 April 2026

  OMV: Clean CCS operating result ~EUR 1.0bn in Q1 2026

  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
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  27 April 2026

  Johnson & Johnson: FDA approves CAPLYTA sNDA to reduce schizophrenia relapse risk

  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.
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  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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  17 February 2026

  Worley Advises on New Zealand LNG Terminal

  Worley provides technical support for New Zealand's LNG terminal, ensuring international standards and local compliance, from procurement to commissioning.
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  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.

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  4 February 2026

  OMV Reports EUR 4.6 Billion Clean CCS Operating Result for 2025

  OMV's 2025 results show strong cash flow, low leverage, and improved chemicals and fuels performance, despite lower energy results. Dividend proposed at EUR 4.40 per share.
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  17 December 2025

  Brenntag's Exclusive Nitric Acid Distribution Deal with Henan Yongchang in Australia and New Zealand

  The agreement boosts supply security, expands product offerings, and strengthens partnerships in agriculture, mining, and industrial sectors in Australia and New Zealand.
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  18 November 2025

  Sinopec's First HDPE Export to Australia and New Zealand

  Sinopec ships low-odor HDPE for liquid food packaging to ANZ, meeting specific customer needs and expanding its synthetic resin market.
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  29 October 2025

  OMV Boosts Q3 2025 Clean CCS Operating Result by 20% to EUR 1.3 Billion

  Fuels and Chemicals drive growth; Energy segment declines. Cash flow up 7%, leverage at 16%. Progress on Borouge Group and Neptun Deep project.
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  2 October 2025

  BASF Introduces AI-Enhanced Rice Yield Guarantee in Japan

  AI-driven service integrates soil improvement and yield guarantee for Japanese rice farmers using Dry Direct-Seeding Rice method, enhancing productivity and sustainability.
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  9 September 2025

  Brenntag and Sudarshan Expand Pigment Supply to Australia

  The agreement extends a long-term partnership, providing access to sustainable anticorrosive pigments for paints, coatings, and plastics in Australia's demanding climate.
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  21 August 2025

  Covestro Names Annie Chen as Taiwan Managing Director

  Annie Chen, current Head of Supply Chain, will succeed Dr. Carsten Wildebrand as Managing Director in Taiwan, continuing to lead supply chain operations in Asia-Pacific.
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  31 July 2025

  OMV Reports EUR 5.79 bn Sales in Q2 2025

  Q2 2025: Strong chemical results, low leverage, ongoing Borouge integration, and green hydrogen projects. Energy segment hit by lower oil prices; Fuels & Feedstock affected by shutdowns.