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Innovation and Product Development news
(page 17)
12 May 2026
Novo Nordisk: Wegovy cuts weight and reduces cardiovascular and migraine risk across menopausal stages
Trials and real‑world data: semaglutide gave 19.7–22.6% weight loss, 15–17.5% waist reduction, ~42% MACE risk reduction in perimenopause, 42–45% lower migraine and 25% lower depression risk
12 May 2026
Eni and MSC Cruises test Enilive HVO diesel on cruise ship
Pure HVO ran ~2,000 hours on a ship engine with no modifications; matched fuel performance, cut NOx ~16% and particulates, and cut lifecycle GHG ~80%. Validated by maker and independent certifier.
12 May 2026
Coolbrook appoints Dr Frank Eulitz CTO to lead industrial scale-up
Veteran turbomachinery expert brings 30+ years' R&D and OEM experience to lead scale-up and manufacturing of RotoDynamic electrification tech for high-temperature, fossil-free industrial heat
12 May 2026
Novo Nordisk: Wegovy 7.2 mg yields ~28% weight loss in early responders
STEP UP trial: early responders (≥15% at 24w) sustained major weight loss at 72w; higher dose reached goals faster than 2.4 mg; 84% of lost weight was fat and muscle function preserved.
11 May 2026
ASPİLSAN Enerji A35 3500 mAh 18650 silicon/graphite cell
New 18650 lithium‑ion cell delivers 3500 mAh using a silicon/graphite composite anode; shown at SAHA 2026 and positioned for defense, mobility and global markets, including the USA.
11 May 2026
PTT Global Chemical Tops S&P Global Sustainability Ranking for 7th Year
Ranked Top 1% in S&P Global CSA for seven consecutive years; the first company to do so. Named Sustainability Yearbook Member 13 years and added to Dow Jones Best‑in‑Class World and Emerging indices.
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11 May 2026
Worley partners with Baker Hughes to deliver integrated LNG solutions
Non-exclusive MOU to jointly develop integrated, lower-carbon LNG projects - combining EPCM/EPCI delivery, modular liquefaction, advanced turbomachinery and digital tools to derisk and speed delivery
11 May 2026
LanzaTech selects North Sea Port, Ghent for Europe’s first commercial ATJ SAF plant
€500M ATJ project targeting 79,000 t/yr SAF and 9,000 t/yr renewable diesel; EIA scoping filed; ~50 permanent jobs and ~300 FTE construction; FEED complete; EU Horizon support.
11 May 2026
BASF Agricultural Solutions opens BioHub fermentation plant in Ludwigshafen
High double‑digit €m investment started commercial fermentation of biological crop actives (B. amyloliquefaciens, P. coprobium), boosting production flexibility and supply resilience.
11 May 2026
GSK partners with Sino Biopharmaceutical (CTTQ) for exclusive China launch of bepirovirsen
Potential first-in-class CHB treatment under priority review in China; deal provides access to 5,000+ medical centres at launch, local import/distribution, hospital access and initial 5.5-yr supply.
11 May 2026
Shanghai Petrochemical commissions phase‑one of 30,000‑t large‑tow carbon fiber project — China’s largest 48K single‑line
Phase-one (2 lines) of a 30,000-t large-tow carbon-fiber project in Ordos began production. Single-line >3,000 t (48K); +50% capacity, 188-day build, >60% green power
9 May 2026
Uniper demolishes Scholven towers D & E for H2-ready CCGT
Two 114 m cooling towers were demolished at 11:00; ~15,000 t of concrete will be recycled for site backfill. Demolition used a coordinated safety plan; no resident evacuations.
8 May 2026
argenx: FDA expands VYVGART/VYVGART Hytrulo approval to all adult gMG patients
Phase-3 ADAPT SERON: VYVGART showed rapid, significant, sustained improvements across anti-MuSK, anti-LRP4 and triple-seronegative gMG; safety consistent; IV/SC options; access support.
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
7 May 2026
argenx Q1 2026 Financial Results & Business Update
Q1 product sales $1.3B (+63% YoY); profit $366M; PDUFA May 10 for seronegative gMG; VYVGART label expansions, multiple pipeline readouts in 2026–27; cash $4.9B
7 May 2026
PureCycle Achieves A3 CosPaTox Rating for Leave‑On Cosmetic‑Grade PureFive Resin
Independent study shows dissolution recycling converts post‑consumer polypropylene into A3 leave‑on cosmetic grade resin commercially, removing contaminants, retaining performance and lowering CO₂
7 May 2026
Moeve Q1 2026 Clean CCS EBITDA €506m, ramps Spain energy-transition capex
Q1 net income €147m; capex €272m (69% to energy transition); operating cash flow €283m; FID for 300MW Andalusian green hydrogen; non-binding talks with Galp; net debt €2.56bn (1.6x).
7 May 2026
SPIE Joins Consortium to Build PanTera Actinium‑225 Production Facility in Mol
Consortium to build facility boosting production of a cancer radioisotope; scope includes HVAC, sanitation and technical gases. Construction started; equipment integration planned late 2026.
7 May 2026
UPM, Michelman and BOBST launch EU‑compliant bio‑based paper packaging concepts
Two paper packaging concepts for EU SUPD: fiber papers with bio-based coatings giving moisture/mineral-oil and oxygen barriers, wide heat-seal window, recyclable/compostable, production-ready.
7 May 2026
Roche to acquire PathAI for AI-driven digital pathology
Adds best‑in‑class Image Management System and AI pathology tools to diagnostics, boosting lab automation, companion diagnostics and biomarker discovery. Deal closes H2; $750M + up to $300M
7 May 2026
Sinopec and Nanjing University Form Strategic Partnership
Agreement deepens R&D, platforms, talent training and think‑tank work; aligns industry‑university‑research‑use to speed innovation and support energy security and green, low‑carbon transition.
7 May 2026
MAIRE’s Nextchem awarded licensing and PDP for urea-to-DEF plant in Virginia
Licensing & PDP won for a 700 STPD urea melt plant in Virginia, fully integrated to convert all urea to DEF; FID/NTP targeted H1 2027; reflects rising DEF demand from tighter emissions.
6 May 2026
PureCycle Technologies Q1 2026 Results
Ironton turnaround finished early/under budget; record 8.4M lb production (~10M lb feedstock); 5th consecutive revenue growth; two P&G approvals; Q1 net loss $33.4M; liquidity $131M.
6 May 2026
LanzaTech partners with DTU BRIGHT to build C1 biofoundry
Multi-year deal to design and install a next-gen C1 biofoundry, accelerating gas fermentation R&D to convert CO, CO2 and methane into fuels, chemicals and materials.
6 May 2026
OMV invests €65m in Schwechat Innovation Hub
New Schwechat hub (8,120 m²) will house labs, pilot plants and a technical centre with 50 workstations and space for up to 15 test facilities. Construction 55% done; start-up H1 2027.
6 May 2026
Eli Lilly commits $4.5B to Indiana manufacturing, opens first genetic‑medicine facility
Buildout now totals $21B in Indiana since 2020; upgrades at Lebanon API to produce Foundayo, Zepbound/Mounjaro and retatrutide; project to scale API capacity and boost regional jobs and GDP.
6 May 2026
Topsoe and BioVeritas partner on second‑generation renewable fuels
Deal enables conversion of second-gen feedstocks (woody biomass, corn stover, straw, wastes) into KEYTones for processing with HydroFlex, allowing scalable renewable fuels and SAF in existing plants.
6 May 2026
ORLEN partners with AWS for cloud-based digital transformation
Migrate IT to cloud and adopt cloud-native apps to improve efficiency, scalability and security; use AI/ML, analytics and ISV solutions; multi-cloud strategy and staff upskilling.
6 May 2026
Carbon Neutral Fuels' Project Starling completes FEL3A, advancing UK eSAF deployment
FEL3A completed for UK eSAF project: integrated design and 3D model, Class 3 cost estimate. Targets 25,000 tpa by 2031 with ~95% lifecycle GHG reduction; DAC integrated.
6 May 2026
Nouryon launches Perkadox PM-60ST-GR to restore recycled polypropylene performance
Organic peroxide added in extrusion restores recycled PP chains, raising melt viscosity and resistance (up to 10×) to allow more recycled content in packaging, auto and consumer goods
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