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Mergers, Acquisitions, and Partnerships news
28 July 2026
bp adds TPAO as 15% partner in Kirkuk redevelopment
15% stake added to the Kirkuk redevelopment vehicle; ConocoPhillips holds 42%; project targets over 3bn boe across multiple Kirkuk fields; assets currently with NOC/NGC.
28 July 2026
Ercros H1 2026 results and approved delisting
Net loss €3.9m in H1 2026 despite €22.7m adjusted EBITDA; liquidity €75m; delisting approved with Bondalti Iberica tender at €3.505/share.
28 July 2026
GSK Q2: strong core results, R&D acceleration and 20+ Phase III starts in 2026
Core operating profit +7% and core EPS +9%; sales up, driven by Specialty Medicines and Vaccines; new R&D centre and a 3-year £1.9bn annual savings target to fund late-stage pipeline.
28 July 2026
Air Liquide H1 2026: near €14bn revenue with Q2 acceleration
Second-quarter comparable growth accelerated; operating margin, recurring profit and cash flow improved while record investments and the DIG Airgas deal closed.
28 July 2026
Mitsui Chemicals joins CuspAI-led AI Materials Foundry as founding member
Founding-member move ties chemical R&D to a 45+ partner network using CuspAI’s MIRA platform for end-to-end generative‑AI materials discovery.
28 July 2026
AGC Biologics secures long-term manufacturing partnership with leading global biopharma
Deal covers commercial manufacturing of multiple biopharmaceuticals using new Yokohama site; revenue expected at several tens of billions of yen; GMP services targeted for 2027.
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27 July 2026
DHL Express secures 6,000 t SAF from Moeve for Madrid gateway
One-year supply from July 2026–June 2027 covers ~50% of Madrid gateway fuel; SAF from waste/residue feedstocks with ~80% lifecycle GHG savings.
27 July 2026
Saipem H1 2026 results
H1 revenue and margins improved; adjusted EBITDA €836m; strong order intake; guidance adjusted for extra Middle East costs while cash generation remains robust.
27 July 2026
Technip Energies and EDF sign framework to support EPR2 delivery
Agreement embeds external project and construction management personnel into nuclear new-build teams to boost execution discipline and schedule predictability.
27 July 2026
Galp 2Q26 results and guidance update
Strong cash generation and higher earnings supported a proposed 10% dividend rise to €0.70/share; Bacalhau ramp-up and a €318m renewables purchase shaped the quarter.
27 July 2026
argenx to acquire Forte Biosciences, adding anti‑CD122 candidate FB102
FB102 shows Phase 1b proof in vitiligo and celiac; Phase 2 in celiac expected H2 2026. Acquisition executed as $77/share cash tender offer; close targeted Q3 2026.
24 July 2026
Petrobras P-33 heads from Açu Port to Rio Grande for sustainable recycling
Platform sold to Gerdau and Grupo Ecovix will be recycled at Rio Grande under a sustainable dismantling plan; it left Açu Port after being docked since Feb 2024.
24 July 2026
Merck outlines LMIC access plans for alimatravir with 129‑country voluntary licenses
Early, multi-faceted plan includes seven royalty‑free licenses covering 129 LMICs, regional manufacturing support in Africa and Latin America, and early manufacturing investment to speed availability.
24 July 2026
AGC to transfer its APK shares to Saint‑Gobain K.K.
Transfer covers a 50.72% holding in APK, a producer of polyurethane waterproofing and flooring materials; closing expected around Dec 2026 pending approvals.
24 July 2026
Infineum and Kangtai expand partnership with Southern Asia distribution deal
Distribution arrangement lets Southern Asia distributors add partner’s additives and components, broadening product lines and supporting Kangtai’s regional expansion.
23 July 2026
Air Liquide to invest over $150M in Idaho gas plant for memory-chip maker
Idaho unit to supply ultra‑pure nitrogen, oxygen and argon for rising AI-driven memory-chip production; operations slated to start in 2028.
23 July 2026
Johnson Matthey completes acquisition of Cormetech
Adds US SCR catalyst maker with gas-turbine IP to Clean Air business; combined unit to target power-generation and data-centre demand with sales >£200m and mid-teens margin in 2026/27.
23 July 2026
Symrise signs put option to acquire Floral Concept
Put-option deal to buy a French premium natural-fragrance ingredients house, aiming to expand premium naturals in Grasse and combine capabilities for fine perfumery; closing targeted Q3 2026.
23 July 2026
Kemira acquires ANMAC Water Treatment Service business
Acquires California-based provider of preventive pinhole corrosion protection for large buildings; 2025 revenue USD 8.5m and 19 employees; purchase price undisclosed.
23 July 2026
Enilive to acquire OIL! service-station network from Prax
Adds about 320 stations across Germany, Denmark, Austria and Switzerland; sites to be integrated progressively and will offer HVO biofuel, fast EV charging and convenience formats; subject to approvals.
23 July 2026
UPM H1 2026: Q2 EBIT up 71%; plywood demerger approved and graphic paper JV agreed
Q2 comparable EBIT rose 71% to €212m; portfolio moves include a graphic paper joint venture and approved demerger of the plywood unit.
22 July 2026
GSK's Jideytro (zidesamtinib) approved in US for ROS1‑positive NSCLC
FDA clears zidesamtinib for adults with advanced ROS1‑positive NSCLC after prior ROS1 inhibitor; ARROS‑1 showed 44% ORR and durable responses, including in brain metastases.
22 July 2026
Pirelli, Pyrum, Synthos and BASF launch tyre-to-tyre circular supply chain
Converts end-of-life and scrap tyres into recovered carbon black, tyre pyrolysis oil and ISCC PLUS‑certified synthetic rubber for reuse in tyre production.
21 July 2026
SABIC and CEER sign MoU to explore materials collaboration for Saudi EVs
MoU to assess advanced materials for EV applications, co-develop material and processing solutions, share sustainability know‑how and support a local supply chain for the Saudi EV sector.
21 July 2026
PTT Global Chemical wins BRIPC Best Practice Case in IP 2025 for muconic acid patent
Patent for improved muconic acid commercialized; collaboration with Toray advanced bio-based adipic acid and pre-commercial Bio‑Nylon 6,6, supporting circular economy.
21 July 2026
TotalEnergies: FID for Umm Shaif Gas Cap development
Final investment decision taken to develop the gas cap above Umm Shaif and Nasr offshore reservoirs, targeting >600 million cubic feet/day by 2030 and up to 1.5 billion in future.
20 July 2026
tk accelis outlines mid-term targets and spin-off plan at Capital Markets Day
Presents >4% sales CAGR and 4–5% adjusted EBITDA margin targets, details growth strategy and plans a minority-stake spin-off subject to thyssenkrupp shareholder vote on 7 Aug 2026.
20 July 2026
IFF to sell botanical extracts, vitamins & minerals and food enhancement activities to SuanNutra
Sale covers botanical extracts, vitamins & minerals, natural colors, antioxidants and certain Peru flavor activities; operations generated ~$170M in 2025 and employ ~600 across five plants; expected close by end‑2026.
20 July 2026
WuXi Biologics hits 1,000th molecule milestone with Earendil Labs trispecific antibody
Trispecific ophthalmic antibody marks the platform's 1,000th molecule; collaboration advanced multiple multispecifics, fusion proteins and ADCs from DNA to IND with faster-than-average timelines.
17 July 2026
SONATRACH and Siemens Energy sign MoU on maintenance, green hydrogen and compression
MoU to co-develop maintenance and repair solutions, training, digitalisation and predictive maintenance, and to support local green steel and green ammonia value chains.
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