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Crisis and Risk Management news
(page 3)
6 April 2026
Trinseo: The Node That Ran Out of Time
Lender waivers expiring; missed interest; market cap far below debt. Costly M&A and validated PC/ABS dissolution recycling tech, but cash‑strapped amid energy shocks and no sovereign backer—sale likely.
1 April 2026
Nouryon raises global ketone peroxide prices up to 30%
Effective April 1, 2026: price adjustments across Cadox, Butanox and Trigonox due to Middle East-driven oil and feedstock cost rises; supplier will work with distributors to maintain supply.
30 March 2026
PETRONAS Monitors Malaysia’s Fuel Supply
Fuel supply strained by West Asia crisis—~40% of crude via Strait of Hormuz; crude prices +40%, shipping and insurance up. Domestic demand exceeds supply; govt subsidises RON95/diesel; avoid hoarding.
30 March 2026
LANXESS hikes sulfur-based product prices 40%
Immediate average 40% price increase on sulfur-based products (sulfuric acid, oleum, sodium bisulfite) due to higher sulfur, logistics and energy costs; adjustment needed to secure supplies.
27 March 2026
Sasol — Middle East developments and business impact
Middle East conflict disrupted gas supply - ORYX GTL shut; ~60 staff safe. Fuel and chemicals impacted; Secunda/Natref secure inventories and alternative crude; contingencies active.
27 March 2026
LKAB cuts Kiruna production
Changing rock conditions force temporary shutdown of pellet plant KK3 Apr–Nov, cutting ~2 Mt deliveries in 2026. No layoffs; plant gets maintenance; other mine areas assessed; restart aimed 2027.
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26 March 2026
Toray Industries imposes emergency surcharges after crude and naphtha price surge
Temporary surcharges on petrochemical products after crude/naphtha price spike from Middle East tensions and Hormuz blockade; reviewed regularly to secure supply.
26 March 2026
thyssenkrupp Electrical Steel extends Isbergues production cuts amid import crisis
Below-cost imports forced full Isbergues shutdown Jun–Sep; orders slashed, ~1,200 jobs at risk; company seeks urgent trade protection; customer supply remains guaranteed.
26 March 2026
Equinor completes investigation into Mongstad benzene exposure
Probe: prolonged benzene exposure during filling—task overran; no re-assessment; respirators insufficient. Naphtha→glycol; more PPE, detector training and a safety engineer; authorities notified.
25 March 2026
Boliden: Seismic damage at Garpenberg cuts production to ~30%
Seismic activity eased; limited production restarts in Q2 at ~100 kt/month. Major damage in an ore body delays some mining into 2026. Q1 EBITDA impact -SEK400M; zinc grade slightly down.
25 March 2026
BASF raises European standard amines prices up to 30%
European commodity amines face immediate or per-contract price rises across ethanol, ethylene, methyl/isopropanol and DMF-related amines, due to higher raw-material, energy and logistics costs amid the Middle East conflict.
23 March 2026
ADNOC’s Al Jaber: Weaponizing the Strait of Hormuz Is Economic Terrorism
Al Jaber says choking the Strait of Hormuz is economic terrorism that raises costs worldwide; it's a security, not supply, issue. Urges open waters, cites UAE resilience and invites leaders to ADIPEC.
23 March 2026
LANXESS raises Polymer Additives prices up to 50%
Increase reflects cumulative cost rises for energy, critical raw materials and logistics amid geopolitical tensions; aimed at safeguarding long‑term supply reliability and sustainability.
20 March 2026
WACKER raises silicone prices effective April 1, 2026
Middle East conflict disrupted energy, raw-materials and trade routes, raising oil, gas, feedstock and logistics costs. Silicones unit affected; customers will be notified.
19 March 2026
QatarEnergy: Missile strikes cut LNG export capacity 17%, $20bn annual loss
Missile strikes at Ras Laffan damaged LNG Trains 4 & 6; repairs may take 3–5 years with force majeure on contracts. Pearl GTL offline ≥1 year; condensate, LPG, naphtha and helium production affected.
19 March 2026
Technip Energies: Gulf region update
Monitoring Gulf after attacks on Riyadh refinery and Ras Laffan LNG; no injuries or damage at operated sites; precautionary shelter-in-place and relocations; coordinating with authorities.
19 March 2026
Hungary refuses to recognize Croatian convictions against MOL Group CEO
Budapest court ruled Croatian convictions incompatible with Hungarian law, citing fair-trial and defense breaches, after ICSID/UNCITRAL found no corruption and INTERPOL lifted the warrant
19 March 2026
Equinor Annual Report 2025
Record production and strong cash results in 2025; safety improved; adjusted operating income $27.6B; production 2,137 mboe/d; renewables +25%; emissions −34% since 2015.
19 March 2026
QatarEnergy: Missile Attacks Damage LNG Facilities
18 Mar strike at Ras Laffan damaged Pearl GTL. Early 19 Mar missile attacks hit multiple LNG sites, causing large fires and extensive damage; emergency teams responded, no casualties.
18 March 2026
Boliden: Garpenberg mine production suspended after seismic activity
Garpenberg mine evacuated March 14 after heightened seismic activity; concentrator stopped March 15. Inspections began March 18; gradual restart pending inspections; timing and impact unknown.
18 March 2026
BASF raises European Home Care, I&I and Industrial Formulators prices up to 30%
Prices increased up to 30% (higher for some items), effective immediately or per contracts, citing raw material volatility, rising logistics, packaging and energy costs across Europe.
16 March 2026
Neste Advocates Strong Anti-Fraud Measures in Biofuels Supply Chains
Neste emphasizes rigorous supplier audits, traceability, and collaboration to combat fraud in renewable raw materials, ensuring compliance and authenticity in its supply chains.
16 March 2026
Equinor Completes Investigation of Mongstad Fatal Accident
An internal probe into a fatal crane accident at Mongstad identifies safety improvements for lifting operations. Measures are being implemented to prevent future incidents.
16 March 2026
Garpenberg Mine Incident - Boliden
A rock fall at Garpenberg mine led to injuries and evacuation due to increased seismic activity. Production halted pending safety inspections.
13 March 2026
MOL and Slovnaft File Complaint Against JANAF's Pricing Practices
JANAF's pricing is deemed excessive and unjustified, impacting energy supply security. MOL and Slovnaft have raised concerns with the European Commission over these practices.
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
ABO Energy Bondholders Approve Restructuring
Bondholders support restructuring, waive termination rights, and elect a joint representative to negotiate agreements, ensuring continued progress for the company's recovery plan.
9 March 2026
MOL Group and JANAF Begin 10-Month Adria Pipeline Capacity Tests
The Adria pipeline undergoes 10-month tests to assess transport performance, logistics, and capacity, involving international experts. Results aim to resolve capacity debates by 2027.
7 March 2026
Aurubis Hamburg Site Fatal Accident
A deflagration during routine operations led to a fatality and minor injury. The fire was controlled, and authorities are investigating. No environmental threat occurred.
6 March 2026
Heidelberg Materials Closes Paderborn Cement Plant
Due to declining demand, the Paderborn plant will close, affecting 53 jobs. Heidelberg offers internal transfers. Quarry and concrete operations remain. Ternocem production moves elsewhere.
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