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American chemical industry news
(page 6)
2 September 2025
Sumitomo and Partners to Acquire Air Lease Corporation
The acquisition, valued at $7.4 billion, aims to expand Sumitomo's aircraft leasing business, with completion expected in FY2026, enhancing their global market position.
1 September 2025
Worley Appoints Former Incitec Pivot CEO to Board
Jeanne Johns joins as Non-Executive Director, bringing global expertise. Sharon Warburton retires after six years, noted for her leadership in strategy and risk management.
1 September 2025
Equinor Backs Ørsted's Rights Issue
Equinor supports Ørsted's Rights Issue to strengthen its balance sheet, maintaining a 10% stake and considering board nomination, with a potential investment of up to DKK 6 billion.
28 August 2025
ORLEN and Synthos to Build Poland's First SMR Plant in Włocławek
Equal partner rights, U.S. tech access, and site selection advance Poland's first SMR project, with construction led by a special purpose vehicle.
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.
27 August 2025
FDA Reviews Bayer's Gadoquatrane Application
Gadoquatrane, a low-dose MRI contrast agent, shows positive Phase III results. It's under review in the U.S., Japan, and EU for use in adults and children, including neonates.
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26 August 2025
BASF and Yara Halt Low-Carbon Ammonia Project
The project was discontinued to focus on higher value initiatives. Yara will continue exploring U.S. ammonia investments. Both companies maintain existing ammonia operations.
25 August 2025
Sasol Advances CMD Goals with Strong FY25 Financials
Achieved 75% higher free cash flow, improved EBITDA, and advanced emission reduction. Strengthened balance sheet, reduced net debt, and increased EPS by over 100%.
22 August 2025
Ørsted's Revolution Wind Ordered to Halt Offshore Work by BOEM
Revolution Wind halts offshore work; Ørsted seeks resolution. Project is 80% complete, aims for 2026 COD. Evaluating financial impact and potential legal actions.
21 August 2025
ORLEN Group Q2 2025: Strong Profit Growth
Q2 2025 saw doubled LIFO-based EBITDA, strategic investments in energy transition, and complete shift from Russian crude, enhancing regional energy security.
14 August 2025
LANXESS Responds to Market Challenges
Sales and EBITDA fell in Q2 2025. Debt reduced by 18%. Guidance lowered. Production network optimized for cost savings.
7 August 2025
NEXTCHEM (MAIRE) Secures U.S. Contract for Low-Carbon Hydrogen Tech
The project uses NX eBlue™ tech to produce 15,000 Nm³/h of low-carbon hydrogen, reducing CO₂ emissions with renewable energy and integrated carbon capture.
5 August 2025
Aurubis AG Raises Annual Forecast After Strong Nine-Month Results
Higher metal and sulfuric acid revenues boost earnings. Strategic projects advance, with Richmond site commissioning in progress. Forecast for 2024/25 operating EBT narrowed to €330-370 million.
5 August 2025
Asahi Kasei Demonstrates High-Yield, High-Purity Biomethane Production
A new biogas purification system using zeolites achieves 99.5% yield and 97% purity, targeting commercialization by 2027.
4 August 2025
Technip Energies Wins Major EPC Contract for US LNG Facility
The contract involves six liquefaction trains using a modular solution, enhancing schedule and cost efficiency. Pending final investment decision, it strengthens the company's LNG leadership.
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.
31 July 2025
WACKER Q2 Earnings Meet Expectations
Sales and EBITDA fell due to weak demand and trade uncertainties. Net income was negative. Full-year outlook revised down. Focus on growth, cash, and cost management.
31 July 2025
Arkema Q2 2025 Results
Despite weak demand and economic uncertainties, EBITDA margin held at 15.2%. Sales fell 2.3%, with cost-cutting efforts doubled to €100M. EBITDA guidance adjusted to €1.3-1.4B for 2025.
31 July 2025
Clariant Q2 2025: Strong Profitability, Flat Sales
EBITDA margin rose to 17.5% despite flat sales. Savings program underway. 2025 sales growth forecast lowered to 1-3%.
31 July 2025
Covestro Q2 2025: Market Volatility Impacts Performance
Q2 sales and EBITDA fell due to price drops and tariffs. Forecasts adjusted. Acquisition of Pontacol AG to boost sustainable growth. New CCO appointed.
31 July 2025
Bayer Adjusts 2025 Sales Forecast and Increases US Litigation Provisions
Raises 2025 sales and earnings guidance; expects currency impacts; reports Q2 sales of €10.7B; sets €1.2B for Roundup litigation; settles 131,000 claims; awaits court rulings.
30 July 2025
Symrise H1 2025 Financial Results
Achieved 3.1% organic sales growth, increased EBITDA margin to 21.7%, and set new cost savings target of €40m for 2025 amid challenging market conditions.
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.
30 July 2025
Linde Opens Major Helium Storage Cavern
A new helium storage cavern in Texas enhances global supply reliability, supporting industries like aerospace, electronics, and healthcare.
30 July 2025
Evonik Shifts Epoxy Curing Agent Production to Renewable Electricity
The transition cuts Scope 1 and 2 emissions by one third, supporting a 25% reduction by 2030 and climate neutrality by 2050.
29 July 2025
Arkema Achieves Global ISCC PLUS Certification for Acrylic Monomers
ISCC PLUS certification enables efficient, low-carbon projects in coatings, adhesives, and more, using bio-attributed monomers and a Mass Balance approach for renewable materials.
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.
24 July 2025
Kemira Invests in Tarragona for New ACH Production Line
A €20M investment in Tarragona will enhance ACH production for efficient, sustainable water treatment, targeting urban climate challenges and expanding market reach in Europe and Africa.
22 July 2025
TotalEnergies Invests in U.S. Sustainable Forestry
Agreement with NativState to conserve 100,000 hectares, offering sustainable income, improving forest health, and generating carbon credits for offsetting emissions from 2030.
21 July 2025
Linde Invests in U.S. Space Sector Expansion
New agreements boost industrial gas supply for rocket launches in Florida and Texas, enhancing capacity and infrastructure for space exploration.
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