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Crisis and Risk Management news
(page 2)
22 May 2026
MOL Petrochemicals explosion in Tiszaújváros — one dead, several injured
Fire at olefin plant is being extinguished; company cooperating with authorities. CEO en route. Company expresses condolences and regards the colleague as part of the corporate group.
22 May 2026
MOL Olefin-1 explosion in Tiszaújváros
Explosion during unit restart left one worker dead and nine injured; fire extinguished. Investigation under way. Other complex units keep running; refining and fuel supply unaffected; event insured.
21 May 2026
ADNOC deploys Taurob heavy‑duty inspection robot and co‑develops operator robot
Inspector robot conducts autonomous hazardous-site inspections with LiDAR and thermal imaging. A heavy-duty operator robot to lift, grip and turn valves in extreme temperatures — operational 2026.
19 May 2026
European Commission unveils Fertiliser Action Plan to secure EU fertiliser supply and food security
Immediate liquidity relief and CAP flexibility for farmers; boost domestic, low‑carbon and circular production; improve market transparency, monitoring, and preparedness.
19 May 2026
Takeda: Jury verdict in AMITIZA antitrust case; FY2025 results to be revised
Jury awarded USD 884,943,990 in single damages in AMITIZA antitrust trial; wholesaler/retailer sums subject to trebling. Will appeal, assess provision and revise FY2025 filings; minimal FY2026 impact.
18 May 2026
Seven MDBs Pledge Support for Middle East Conflict Impacts
Offer financing, policy, private‑sector tools and technical assistance to manage shocks to energy, food and trade — providing relief, budget support, liquidity, trade finance, firm support and resilience investments
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14 May 2026
Repsol: Refining is strategic for Spain and Europe
Chairman urged removing investment barriers and securing supply amid Iran crisis. CEO forecasts 6–9% DPS growth to 2028, 30–40% of CFO for returns; AGM ok'd dividends, €350m buyback
14 May 2026
LanzaTech Q1 2026 Results
Q1: closed $30M equity raises (plus up to $20M option), going‑concern resolved; revenue $12M; net loss narrowed to $14.7M; Adj. EBITDA loss $7.9M; OpEx down 59%; India, UK, Japan milestones.
14 May 2026
Johnson Matthey 2026 PGM Market Report
PGM prices surged; platinum hit record. 2026: deficits likely for platinum, ruthenium, iridium; palladium and rhodium may have small surpluses. Strong prices boost recycling; industrial demand firm.
12 May 2026
ABO Energy achieves restructuring milestones and defines strategic priorities
Restructuring draft finds firm viable; sets strategic action areas. Targets sustainable financing by end-July. Won 7.8 MW solar tariff, bid >150 MW wind, sold 16.8 MW farm and 4.5 MW turbine.
8 May 2026
Clariant Q1 2026: Resilient performance amid Middle East conflict
Q1 sales down 2% (CHF918m); EBITDA margin fell to 17.5% (-130bp). Free cash-flow conversion rose to 54%. CHF80m savings program on track; 2026 guidance unchanged amid conflict
8 May 2026
MOL Group Q1 2026: USD 212m profit amid supply disruptions and price controls
Higher hydrocarbon prices lifted upstream; production 95.5 mboepd. Downstream hit by lower refining volumes and feedstock scarcity; Rijeka delayed coker opened. Consumer services and circulars rose.
8 May 2026
Evonik Q1: €475m adjusted EBITDA, outlook confirmed
Q1 sales fell 9% to €3.43bn; volumes -2%, prices -1%; margin down to 13.9%; net income halved to €125m; Q2 aided by customer pre‑buying; CFO change and 1,000 job cuts planned
7 May 2026
Indaver pauses processing of highly PFAS-contaminated waste
Authorities demand extra measurements and monitoring after limited historical soil contamination; four PFAS streams will be suspended while datasets and remediation checks are expanded.
4 May 2026
ADNOC launches Industrial Resilience Program to strengthen UAE manufacturing and supply chains
Five initiatives to boost local manufacturing, prioritize Made in the Emirates, add ICV+ incentives and a Multiplier tool, plus long-term demand visibility to shore up supply-chain resilience
30 April 2026
Repsol Q1 2026 adjusted net income €873m
Inventory-driven earnings and Middle East volatility prompt €1.2bn stock build, kerosene output up 15–20%, €35m in fuel discounts at stations to date.
30 April 2026
TechnipFMC Q1 2026 Results
Q1 revenue $2.49B; net income $260.5M; adjusted EBITDA $466M (or $453M ex-FX); Subsea orders $1.9B; operating cash flow $332M; free cash flow $277M; $265M buyback
30 April 2026
Borouge Q1 2026: $156M Net Profit on Operational Resilience
Q1 revenue $1.2B; production 1.21Mt (98% capacity), sales 1.09Mt. 61% of March output rerouted via alternative logistics. Prices rose 62% in March. H2 2025 dividend $658M; merger forms global polyolefins platform.
30 April 2026
BASF Q1 2026: resilient performance
Solid volume growth offset currency headwinds; EBITDA before special items €2.4bn (vs €2.5bn). Sales slightly down; free cash flow -€1.375bn. Dividend €2.25; outlook unchanged.
30 April 2026
Technip Energies Q1 2026 Results
>€6bn orders, backlog >€20bn; revenue €1.8bn, EBITDA €149m, FCF €132m (89% conv). Middle East disruptions defer €500–600m; Project Delivery guidance cut to €5.7–6.3bn; TP&S steady.
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
29 April 2026
MAIRE Q1 2026: Revenues & EBITDA up; 2026 guidance confirmed
Q1: Net income €76.7m (+19.9%); adjusted net cash €396.1m; order intake €4.78bn; backlog €15.73bn; Nextchem revenue +46%; record dividend €0.585/share
29 April 2026
FUCHS starts 2026 strongly amid volatile markets
Q1 sales +1% to €934m; record EBIT €125m; EPS €0.68 (+15%). FY EBIT target €450m confirmed; sales guidance above €3.7bn. Raw‑material and supply risks weigh on cash flow.
29 April 2026
Neste Q1 2026 Interim Report
Strong Q1: comparable EBITDA EUR 861m; cash flow before financing EUR 286m; renewable margin USD 856/t; oil refining margin USD 23.0/bbl; leverage 31.7%; volumes hit by maintenance
27 April 2026
BASF raises plastic-additive prices up to 25%
Further price increase up to 25% for antioxidants, process and light stabilizers in plastic applications, effective immediately, citing higher raw-material, energy and logistics costs.
24 April 2026
Yara reports higher margins and strong volumes in Q1 2026
EBITDA excl. items rose to USD 896m; net income USD 327m. Middle East conflict disrupted fertilizer supply and raised prices; the company used its global model to sustain production and sourcing.
24 April 2026
Asahi Kasei sues Chinese firms over Duranol™ patent
Filed March 25, 2026 in Shanghai IP Court over water‑based Duranol polycarbonate diol patents; seeks injunction and damages; had prior 2022 Guangzhou win; maintains broader patent portfolio.
23 April 2026
LKAB Q1 2026: Lower earnings, weaker market
Q1 net sales MSEK 7,907 (9,622); operating profit MSEK 860 (3,638). Weaker USD, lower pellet premiums and higher energy, plus transport and mine issues reduced volumes; ~2 Mt 2026 shortfall
20 April 2026
Viva Energy Geelong refinery alkylation-unit fire — update
Fire contained; diesel and jet at ~80% capacity, petrol ~60%; stocks cover reduced output; aiming to restore >90% in weeks; investigation underway.
9 April 2026
Boliden: SEK 700m write-down at Garpenberg mine
March seismic activity damaged the upper Lappberget ore body and infrastructure (ventilation, compressed air, water, power, backfill) and some mobile equipment. Production halt cuts Q1 EBITDA ~SEK 400m
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