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Spanish chemical industry news
16 April 2026
Lilly ACHIEVE‑4 confirms Foundayo cardiovascular safety and cardiometabolic benefits
ACHIEVE-4: Foundayo non-inferior vs insulin glargine for MACE-4 (HR 0.84); improved A1C (-1.6 vs -1.0) and weight (-8.8% vs +1.7%) at 52 wks; 57% lower all-cause death; GI AEs; FDA filing planned.
14 April 2026
ERA launches to accelerate clean hydrogen for EU industrial competitiveness and energy independence
CEO-led alliance published a white paper urging governments to boost demand certainty, lower electricity costs, simplify RFNBO rules, de-risk finance and fund a hydrogen backbone to speed FIDs.
14 April 2026
thyssenkrupp-backed European Resilience Alliance launches to scale clean hydrogen deployment
CEO-led alliance white paper diagnoses bottlenecks—fragmented rules, high power costs, weak demand certainty—and urges bankable demand, simpler support, de-risk finance and cross-border infrastructure
12 April 2026
GSK Mo‑Rez (B7‑H4 ADC) achieves 62% ORR in platinum‑resistant ovarian and 67% in endometrial cancer
BEHOLD-1 phase I: Mo-Rez (B7-H4 ADC) active across expression levels; manageable hematologic toxicity and nausea. 5.8 mg/kg recommended; five Phase III trials planned 2026
9 April 2026
Galp acquires 351 MW Spanish onshore wind portfolio
17 operational wind assets (avg COD 2009) producing ~750 GWh/yr; equity value ~€320m, expected close 2Q26; raises renewables to 2 GW and wind share to ~25%
8 April 2026
BASF at Techtextil 2026 — Practical textile solutions
At Techtextil 2026: showcases include mass‑balanced & biocircular polyamides, loopamid recycling, advanced binders and resins, and stretchable, PFAS‑free microporous TPU membranes.
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2 April 2026
FDA approves Lilly's Foundayo (orforglipron), oral GLP‑1 for anytime dosing
Oral GLP‑1 produced ~12% mean weight loss (~27 lb) at 72 weeks in Phase 3. Available via direct home delivery with low‑cost copays; carries thyroid tumor and GI side‑effect warnings.
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
Gestamp signs 10-year renewable PPA with Iberdrola for 660,000 MWh
Supply of 100% renewable power (80% wind/20% solar) from 34 MW capacity at fixed competitive price; supports electrification and decarbonisation of the auto supply chain. Certificates of origin.
30 March 2026
Itabus fleet adopts Enilive HVO
Entire 100-vehicle fleet runs on HVO made from waste, cutting CO2eq by 79.5%. In 2025 it logged 20M km, used over 3M L HVO (53% avg, 75% peak in Dec).
30 March 2026
UBE obtains food-contact approval for UBECycle recycled PE/PA films
Accredited migration testing plus RecyClass‑certified recycling (following Paulowsky acquisition) confirm regulatory compliance and open use of mechanically recycled PE/PA in regulated packaging.
30 March 2026
Eneve acquires Nemon to enter Iberian market
Acquisition opens Iberian market, adds 30 specialists, supports 100+ suppliers, expands platform with software for billing, forecasting, market comms and trading; integration under way
23 March 2026
Ercros: EcoVadis Gold, 85/100
Ranks in the 98th percentile; environment & ethics 91, labour & human rights 90. Advanced management, many KPIs provided; 100/100 for endorsements, measures and certifications
20 March 2026
Moeve and Naturgy double savings on fuel, gas and electricity
14-day promo (Mar 24–Apr 6): registered users save 10–67¢/L (app + card + Multienergy combos); two 42L fills yield €8–56; professionals get extra 5¢/L.
19 March 2026
Plastic Energy powers start-up of TotalEnergies' Grandpuits advanced recycling plant
New 15,000 t/yr advanced recycling plant now producing TACOIL from hard-to-recycle plastics, feeding petrochemical sites to make high-quality, food- and medical-grade plastics.
18 March 2026
thyssenkrupp nucera to supply 300 MW electrolyzers for Moeve’s Onuba green-hydrogen plant
First phase in Huelva, Spain, will yield ~45,000 t/yr green H2; FID taken Mar 2026. Expected CO2 savings ~250,000 t/yr; part of a scalable Andalusian Green Hydrogen Valley linking to EU industry
17 March 2026
Eni secures €9bn 5-year revolving credit facility
€9bn 5‑year revolver with 2‑year extension option refinancing prior €6bn and €3bn lines; provided by 28 banks, ~40% oversubscription, maintains financial flexibility and extends maturity
13 March 2026
Johnson & Johnson Reports Positive Phase 1 Results for Erda-iDRS in Bladder Cancer
Erda-iDRS shows safety and efficacy in Phase 1 for intermediate-risk bladder cancer, with high complete response rates and ongoing Phase 2 and 3 studies.
12 March 2026
POST-PURPLE Launches Zero-Waste Urban Biorefineries Initiative
The project converts urban waste into resources, reducing emissions and enhancing sustainability in waste treatment through innovative bio-based technologies.
11 March 2026
Elkem Restructures and Cuts Costs to Boost Competitiveness
Elkem introduces a new structure, reduces workforce by 300, and cuts costs by NOK 1.9 billion to enhance profitability amid market challenges.
10 March 2026
Ercros: Selling Shares Means Missing Future Gains
Shareholders selling now miss future synergies. Bondalti's bid may hinder Ercros' 3D Plan and strategic investments. Energy price risks persist amid geopolitical tensions.
10 March 2026
Repsol to Invest €10 Billion by 2028, Focus on Spain and Portugal
Repsol plans €8.5-10B investment by 2028, focusing on growth, efficiency, and low-carbon projects, with 30-40% of cash flow for shareholder returns.
6 March 2026
Iberdrola Acquires First Wind Farm in Victoria, Australia
Iberdrola acquires Ararat Wind Farm, expanding its presence in five Australian states and reinforcing its renewable energy strategy with a 242 MW capacity.
2 March 2026
Galp 4Q & FY25 Financial Results
Strong 2025 performance with €2.2bn cash generation, 4% DPS increase, and €250m buyback. Key growth in Brazil, Namibia, and Sines. Net debt at €1.3bn, FCF at €81m.
27 February 2026
Ercros Reports EUR 8M EBITDA, EUR 54M Loss
Weak demand, high energy costs, and competition impact results. Cost reduction plan on track. Financial debt reduced. Takeover bid rejected. Demand recovery expected in late 2026.
25 February 2026
Renault's Ampere and Basquevolt Partner on Next-Gen Lithium-Metal Batteries
The partnership aims to advance lithium metal batteries for EVs, enhancing energy density, thermal stability, and cost efficiency, while reducing manufacturing complexity and investment.
24 February 2026
Iberdrola France Sells Onshore Portfolio to Technique Solaire
The sale includes 118 MW of wind capacity and 639 MW pipeline. It's part of a strategy to focus on core businesses and key markets like the US and UK. Fifth transaction this year.
23 February 2026
Solvay Reduces Torrelavega Soda Ash Capacity for Competitiveness
Capacity at Torrelavega cut to 420 kt by 2026 due to oversupply and high costs. Sodium bicarbonate unaffected. Focus on regional customers and sustainability. 77 positions reduced.
19 February 2026
Repsol Reports €2.568 Billion Adjusted Net Income
Net income rose 8.1% to €1.899B in 2025. Adjusted net income fell 15.1% amid market volatility and geopolitical issues. Resilient performance supports strategic goals.
17 February 2026
Kemira to Build Activated Carbon Reactivation Plant in Spain
Kemira plans a EUR 20M plant in Tarragona to boost activated carbon reactivation for water treatment, aiming to meet rising demand and support regulatory compliance by 2029.
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