Crisis and Risk Management news

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  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.
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  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.
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  10 February 2026

  Elkem Reduces Production at Norwegian Plants

  Elkem halts production at Rana and Salten due to market challenges, high inventory, and power costs, potentially leading to temporary layoffs.
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  9 February 2026

  Symrise Antitrust Investigation Closed by U.S. DoJ

  The U.S. DoJ found no unlawful practices. Symrise maintains its commitment to ethical business and anticipates similar outcomes in other investigations.
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  9 February 2026

  Novo Nordisk Sues Hims & Hers Over Unapproved Semaglutide Products

  Novo Nordisk seeks to stop Hims from selling unapproved semaglutide, citing patient safety risks and patent infringement.
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  3 February 2026

  DOMO Polymer Solutions Spain Enters Insolvency

  The company is assessing solutions under court supervision. Operations in Blanes are paused, affecting 100 employees. Restructuring options are being reviewed.

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  3 February 2026

  QatarEnergy, METI, JERA Agree on LNG Supply for Japan Emergencies

  The MoU ensures LNG supply to Japan during emergencies, highlighting Qatar's role in energy security and stable supply.
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  2 February 2026

  Court Allows Ørsted's Sunrise Wind Project to Resume Construction

  A U.S. court lifted a suspension, allowing the Sunrise Wind Project to restart construction, prioritizing safety and aiming to provide reliable power to New York.
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  29 January 2026

  Lilly Addresses AHA Concerns on 340B Program Changes

  Lilly extends claims data collection to curb 340B program abuse, countering AHA's claims of illegality and burden, aiming for transparency and patient benefit.
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  23 January 2026

  Avantium Updates on FDCA Plant Start-Up

  Start-up delayed to mid-2026 due to titanium weld issues, adding €7M in costs. Sales to begin in the second half of 2026.
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  20 January 2026

  Pakistani Farmers Sue RWE Over Climate Impact

  Pakistani farmers claim damages for 2022 floods, alleging significant climate impact. RWE argues such lawsuits harm legal certainty and industrial stability in Germany.
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  16 January 2026

  Sasol Addresses Sulphurous Odour Reports in Johannesburg

  Secunda Operations are stable with emissions within limits. No source identified for Johannesburg odour. Monitoring and community engagement continue.
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  14 January 2026

  DOMO Chemicals Germany: Facilities to Operate Minimally

  Saxony-Anhalt orders continued minimal operation of Leuna facilities for safety. Insolvency proceedings ongoing; employee wages secured until March.
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  9 January 2026

  Polytechnyl Begins Judicial Reorganization

  Following failed financing talks, judicial reorganization aims to ensure operational continuity and minimize disruptions, with court-appointed administrators assessing financial options.
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  7 January 2026

  Sunrise Wind Challenges Lease Suspension in Court

  Sunrise Wind seeks a preliminary injunction against a lease suspension, citing legal violations and project delays, impacting energy supply and jobs.
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  30 December 2025

  Grupa Azoty Polyolefins Seeks EUR 2.98 Billion in Arbitration Against Hyundai Engineering

  The dispute involves a contract from May 2019 for the Polimery Police Project, alleging failure to meet obligations, leading to project non-completion.
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  29 December 2025

  DOMO Chemicals Germany Files for Insolvency, Restructuring Under Review

  Operations continue as the insolvency administrator explores restructuring, with wages secured for three months. High energy costs and imports have impacted the business.
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  26 December 2025

  Elkem Reports Second Fatality After Saint-Fons Workshop Accident

  A second employee has died from the Saint-Fons accident. Two remain hospitalized. Operations are temporarily shut down. Internal and external investigations are underway.
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  24 December 2025

  Elkem Reports Fatality After Explosion at Saint-Fons Workshop

  An explosion at a Saint-Fons site resulted in one death and three injuries. Operations are halted, and investigations are underway. Psychological support is provided to affected employees.
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  22 December 2025

  Snøhvit Future Project Update by Equinor

  Snøhvit Future faces delays and cost increases, now at NOK 20 billion. Onshore compression starts in 2029. Electrification cuts CO2 by 850,000 tonnes annually.
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  22 December 2025

  Clariant Denies Competition Law Allegations by MOL Group and Braskem

  Clariant received damage claims totaling EUR 950 million related to 2020 competition law infringement but rejects the allegations, citing no market impact.
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  18 December 2025

  INEOS' Jim Ratcliffe Urges EU Action to Save Chemical Industry

  Ratcliffe warns of Europe's chemical industry decline due to Chinese imports and high energy costs, urging immediate tariff protection and carbon tax action to prevent further facility closures.
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  17 December 2025

  MOL: Danube Refinery Repairs Expected by Q3 2026

  A fire at the Danube Refinery was caused by equipment failure. Repairs are underway, with insurance claims in progress. Production loss is mitigated by increased feedstock processing and imports.
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  16 December 2025

  UPM Ends Graphic Paper Production in Ettringen

  UPM will close its Ettringen mill by December 31, 2025, affecting 189 jobs. An after-care team and a transfer company will support impacted employees.
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  16 December 2025

  Equinor Challenges Økokrim Penalty

  Equinor disputes a NOK 220M fine and NOK 500M confiscation claim for historical emissions, arguing it self-reported and addressed the issues. The case will proceed to court.
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  15 December 2025

  Borealis Settles Kallo PDH2 Dispute

  Borealis and IREM Group settle contract dispute, ending arbitration and allowing both parties to proceed.
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  8 December 2025

  North Sea Strategy Threatens UK Energy Security

  The UK's Energy Profits Levy and restrictive policies risk jobs, reduce energy security, and increase reliance on imports. Urgent tax reform is needed to restore investment and stabilize the sector.
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  5 December 2025

  Sumisho Realty Management Receives Business Improvement Order

  SRM received a business improvement order for compliance issues. Measures are underway to prevent recurrence and strengthen internal controls. Impact on financial results is expected to be limited.
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  1 December 2025

  Huntsman Revises Q4 2025 Outlook

  An unplanned outage at the Rotterdam facility will likely reduce Q4 2025 adjusted EBITDA by $10 million, with production expected to resume mid-December.
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  29 November 2025

  Grupa Azoty Polyolefins Begins Restructuring to Continue Operations

  The company initiates restructuring due to inability to service liabilities, aiming for continued operations and creditor arrangement by November 2025.