Home
News
Topics
Sectors
Reports
Events
Clusters
Products
WEEKLY
FOCUS
ALPHA
Search
About Us
Sign in
Chemical Industry News, Data & Insights
About Us
Sign in
Home
News
Topics
Sectors
Reports
Events
Clusters
Products
WEEKLY
FOCUS
ALPHA
Products
WEEKLY
FOCUS
ALPHA
Financial Performance and Strategy news
(page 5)
5 June 2026
Huntsman sells Italian automotive aftermarket unit to Trelleborg
Azeglio-based Gomet sold to Trelleborg for €42.5m; 2025 revenue ~€24m; proceeds to reduce outstanding borrowings.
5 June 2026
Takeda revises FY2025 results after AMITIZA® antitrust verdict
Recorded JPY 402.5bn legal provision and JPY 58.4bn tax benefit; core results and FY2026 guidance unchanged. Company will appeal and seek a stay; district court action expected H2 2026.
4 June 2026
LanzaTech JV IPO Raises ~$75M, Signals Secure Fuel‑Supply Potential
IPO of 40M H‑shares in Hong Kong raised ~$75M and implied ~US$750M market cap; JV reports annual revenue of roughly $77–87M and targets waste‑derived ethanol‑to‑SAF.
2 June 2026
QEMETICA sells salt assets to K+S and launches Resource Recovery unit
Divests evaporated salt business for €350–€380m to fund a new Resource Recovery segment focused on waste-to-energy and energy security.
2 June 2026
INEOS Energy signs LNG supply deal with Marubeni for Asia deliveries from 2029
DES LNG supply agreement to deliver into Asian markets, marking the firm's first Pacific Basin deliveries and expanding its diversified global LNG portfolio to meet rising regional demand.
2 June 2026
EAS Batteries launches ultra‑high‑power 22 Ah LFP cell using Asahi Kasei Acetolyte
22 Ah LFP cell using acetonitrile electrolyte achieves 2,550 W/kg continuous, 3,760 W/kg 2s pulse, ~2,400 cycles at 5C/100% DoD; samples in customer evaluation; 46xxx format planned.
The right choices in the European chemical industry
Save time with
chemXplore Alpha
Learn more
1 June 2026
OCI agrees to sell 50% of OCI Nitrogen to AGROFERT
Divests 50% for ~€55m (subject to adjustments); buyer gains operational control. Put/call on remaining 50% exercisable from 2 years post-close at 7x two-year avg. pro-forma adj. EBITDA. Target H2 2027.
1 June 2026
EEW updates Green Financing Framework; ISS-Corporate issues Second Party Opinion
Publishes updated Green Financing Framework aligned with ICMA and LMA standards and the EU Taxonomy; covers energy, circular economy, carbon capture; independent SPO confirms quality
1 June 2026
CATL opens world’s largest energy-storage testbed for real-world validation
10-ha, RMB3bn Xiamen facility offers open station-level validation across five labs: 35kV/100MVA grid sim, 1kV–500kV HV tests, 20MW combustion, -50–100°C climate chambers, EMC for 40-ft containers
29 May 2026
Petrobras to invest over R$70 billion in Sergipe
R$70B in Sergipe funds SEAP deep-water (P-81/P-87 FPSOs: 240k bpd, gas processing), 32 wells, 134 km pipeline; R$12.5B decommission 26 shallow platforms; fertilizer restarted (1.8k t/d)
29 May 2026
Rompetrol Rafinare Q1 2026: Turnover up 8%, net profit achieved
Q1: EBITDA $27.5M; March shutdown (700+ tasks) completed; Petromidia processed ~1.2Mt, white product yield 83.76%; domestic fuel share 66%; state contribution $577M
29 May 2026
EU Innovation Fund Net‑Zero Call: 358 applications, €17.5bn requested (6× budget)
Applicants across 27 countries submitted large/medium/small projects, pilots and cleantech manufacturing for energy‑intensive, carbon management, renewables and storage; results Oct 2026
29 May 2026
IFF to sell Food Ingredients business to CVC
Food Ingredients business sold for ~$4.3B (≈10x EBITDA); seller retains ~10% stake; net proceeds ~$3.8B for debt reduction, buybacks and reinvestment; close by end Q2 2027.
29 May 2026
Uniper appoints Tina Hinz General Counsel & Chief Compliance Officer
Tina Hinz becomes General Counsel & CCO on June 1, 2026. Ex-Linklaters, at the firm since 2016; led financings, trading compliance, crisis stabilisation and EU compliance rollout.
29 May 2026
Eni and Seri Industrial to develop LFP stationary battery supply chain
Agreement to build integrated LFP battery platform: cell/module plants, BESS assembly, recycling and cathode production. 2nd gigafactory >8 GWh by 2029; BESS line ready H1 2027. 30% stake for €55m.
28 May 2026
SkyNRG and KLM start construction of Netherlands' first dedicated SAF plant
Construction begins on DSL-01. First commercial-scale SAF plant to secure non‑recourse financing; aims for ~100,000 t/yr by 2028 via HEFA from low‑quality feedstocks, >100 jobs and €16M JTF support.
28 May 2026
ORLEN Group Q1 2026: solid results and lowest fuel prices in the EU
Q1 results: LIFO EBITDA PLN14.1bn, revenue PLN75.8bn, net profit PLN8.1bn; operating cash flow PLN8.5bn; record PLN9.3bn dividend; PLN5.4bn capex on energy security and low-carbon projects
28 May 2026
Johnson Matthey preliminary results year ended 31 March 2026
Strategy driving cash: free cash flow £168m (+163%); pro forma underlying operating profit +6% at constant PGM/FX. Catalyst sale £1,325m on track; Cormetech buy agreed; new PGM refinery 2027.
28 May 2026
Johnson Matthey to acquire US SCR catalyst maker Cormetech
Buyer will acquire a US SCR catalyst maker for $360M cash, enhancing stationary emissions control tech, tapping AI/data‑centre demand; $1B pipeline; expected close mid‑2026
28 May 2026
EIB loans €300M to Limagrain to boost seed R&D
€300M InvestEU-backed loan under TechEU to fund seed genetic R&D: improve yields, disease/drought resistance, nutrient use, nutritional and environmental traits to bolster EU agricultural sovereignty.
28 May 2026
UPM and Sappi sign definitive agreement on graphic paper JV
Definitive deal to form 50/50 graphic paper JV combining two European businesses; €600m debt + €100m RCF secured; combined EV €1,420m; ~€100m annual synergies; regulatory approvals pending
27 May 2026
ANDRITZ wins hydropower expansion contracts with COPEL adding 2.1 GW
Turnkey contracts will add >2.1 GW across two plants, lift installed capacity by 34%, start construction in 2026 and bring units online in 2030.
27 May 2026
PTT Global Chemical wins IFR Asia 2025 Thailand Capital Markets Deal award
Awarded IFR Asia's Thailand Capital Markets Deal for a $1.1bn subordinated hybrid debenture (5.25- & 10-yr), 8x demand; boosts financial flexibility and supports low-carbon growth strategy.
27 May 2026
Petrobras to invest R$2.8bn in Amazonas for Urucu gas expansion and Transpetro fleet
R$2.8bn to expand Urucu gas (R$2.5bn for new wells, ~40 km lines) and add 18 barges + 18 pushers to insource bunker logistics, create jobs and boost regional energy supply
27 May 2026
ORLEN opens 300,000‑tonne HVO plant using domestic feedstocks
HVO plant cuts transport GHGs ≥65%, raises national biofuel capacity to ~700kt (target 1.1Mt by 2030), reduces imports, strengthens domestic feedstock supply and farming partnerships.
27 May 2026
Sumitomo Corporation and Gresham House to develop 694 MW UK BESS portfolio
JV will fund five utility-scale BESS projects with phased buildout (first three starting this fiscal year), expanding capacity and improving grid resilience.
27 May 2026
AkzoNobel to file SEC F-4 for Axalta merger; rejects Nippon Paint/Sherwin-Williams cash offer
Boards said the proposal undervalued the company, lacked regulatory/divestment certainty and failed to protect stakeholders; they unanimously back the planned merger and will provide updates.
27 May 2026
Sinopec Shengli Jiyang shale oil zone surpasses 2 million tons, advances low‑maturity development
59 wells >100 t/day (max 263); output rising to 700,000 t in 2025; drilling cut 133→17 days for 6,000m wells; proven reserves 327M t, resources 1.05B t; target 3M t/yr.
27 May 2026
Mitsubishi Chemical to Discontinue Certain Epoxy Resins at Tokai Plant
Some epoxy grades (BPA, BPF, and related formulations) will cease around Sep 30, 2027 due to aging equipment and weak market; certain items may be outsourced while focus shifts to semiconductor resins.
26 May 2026
WACKER to reduce stake in Siltronic
Announces a corporate transaction and warns that access restrictions in the preceding filter must be acknowledged before the information is displayed.
← Previous
Next →
