Mergers, Acquisitions, and Partnerships news (page 2)

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  7 August 2026

  Viva Energy and Nestlé use recycled polypropylene for KitKat wrappers

  Proof-of-concept converts soft-plastics pyrolysis oil into food-grade polypropylene for a limited KitKat wrapper run, with full processing completed in Victoria.
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  6 August 2026

  argenx launches $77-per-share tender offer for Forte

  Commences cash offer of $77 per share; merger to follow subject to HSR clearance and a >50% tender condition.
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  6 August 2026

  bp to acquire Woodside’s 70% stake in Calypso (Block TTDAA 14)

  Acquisition will raise ownership to 100% and operatorship of the Calypso deepwater gas project offshore Trinidad and Tobago; deal expected to close by end‑2026 pending approvals.
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  6 August 2026

  Trinseo Q2 2026 financial results

  Net loss $120M; adjusted EBITDA $81M; free cash flow negative $125M; advancing DIP-backed debt restructuring and restarted Americas Styrenics sale.
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  6 August 2026

  Petrobras posts R$52.4bn Q2 2026 profit

  Quarterly results bolstered by record own oil output, above-100% refinery utilization and higher derivative production, supporting cash generation and lower imports.
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  6 August 2026

  ORLEN Group posts record Q2 2026 profits and PLN 14.7bn H1 capex

  Q2 results: revenue PLN 76.5bn, LIFO EBITDA PLN 13.9bn, net profit PLN 7.7bn; record foreign retail profits and H1 capital expenditure PLN 14.7bn.

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  5 August 2026

  SEQENS agrees in principle to comprehensive financial restructuring

  Agreement in principle with creditors to deleverage the balance sheet, convert senior lenders into shareholders and preserve operations; completion expected by end of 2026.
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  5 August 2026

  Eli Lilly Q2 2026 results: revenue +48%, raises guidance; retatrutide package complete

  Revenue rose 48% to $23.0bn driven by Mounjaro and Zepbound; updated 2026 revenue guidance to $85–87bn; retatrutide Phase 3 package complete supporting a Q1 2027 BLA.
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  5 August 2026

  AkzoNobel: shareholders approve all-share merger with Axalta

  Shareholders approved the all-share merger and related governance changes; completion depends on regulatory clearance and is expected end‑2026/early‑2027.
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  5 August 2026

  DuPont expands Corian® Design distribution with Hallmark and Parksite

  Expanded partnerships increase coverage across Mid-Atlantic and Midwest, improve regional service and support the 2026 Nature in Motion color launch.
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  4 August 2026

  SABIC completes sale of Engineering Thermoplastics business in Americas and Europe to Mutares

  Sale of ETP assets for $450 million improves EBITDA margin ~130–140 bps and removes a loss-making unit from the portfolio.
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  4 August 2026

  Wacker Biotech and Eclipsebio partner on end-to-end RNA design and GMP production

  Combines AI-driven sequence design and sequencing analytics with GMP-compliant pDNA/IVT and LNP manufacturing to offer clinic-ready RNA supply chains.
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  4 August 2026

  ORLEN acquires 216 MW hybrid solar‑wind project in Greater Poland

  216 MW hybrid PV and wind complex in Kazimierz Biskupi to produce ~315 GWh/year, use cable pooling and join nearby Kleczew to form a 485 MW onshore renewables cluster.
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  4 August 2026

  Kemira acquires REPUR S.r.l., adds activated carbon reactivation capability

  Adds thermal reactivation capability for spent activated carbon; REPUR had ~€5M revenue and 21 employees; purchase price undisclosed.
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  4 August 2026

  Aramco Q2 and H1 2026 results

  Strong H1 profits and cash flow; Q2 free cash flow hit by $13.6bn working-capital build. Dividend declared and key upstream/gas projects on track for 2026–27 completion.
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  3 August 2026

  SOCAR acquires ITOCHU’s 3.65% stake in Azeri‑Chirag‑Gunashli, lifting its share to 35.3%

  Raises national operator's ACG stake to 35.3%; transaction met legal and contractual requirements; first free gas production from ACG fields begins this year.
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  3 August 2026

  SOCAR buys ITOCHU's 3.65% ACG stake, raising its share to 35.3%

  Share in ACG rises from 31.65% to 35.3% after purchase of a 3.65% participating interest; transaction executed under legal, contractual and SOCAR internal rules.
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  3 August 2026

  Mitsubishi Gas Chemical and Veritas In Silico file patent for nucleic acid drug targeting lncRNA H19

  Patent application covers a nucleic acid therapeutic against lncRNA H19 developed with an AI-driven discovery platform; commercialization planned using dedicated CRDMO capacity.
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  3 August 2026

  bp sells Gelsenkirchen refinery to Klesch Group

  Sale reduces underlying opex by about $1 billion, is free-cash-flow accretive based on historical performance, and transfers assets, liabilities and employees.
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  1 August 2026

  CATL and Pinglu Canal Group to build zero-carbon energy system for Pinglu Canal

  Pilot electric ships to use marine batteries with a 'battery bank' leasing service, plus wind/solar, storage, microgrids and an intelligent carbon-monitoring system along the canal.
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  31 July 2026

  POSCO Group signs MOU with Meteoric Resources to secure Brazilian rare earths

  MOU covers long-term supply, possible equity investment and definitive agreements to channel Brazilian rare earth intermediates into refining for permanent-magnet makers.
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  31 July 2026

  KazMunayGas and Sinopec review joint projects

  2D (900 km) and 3D (300 km2) seismic work ahead of a 7,000 m ultra‑deep well; 1.25 MMtpa PE plant >34% complete; Aktobe output target 800 Kt by 2028; CCUS working group proposed.
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  31 July 2026

  LyondellBasell Q2 2026 earnings

  EBITDA $1.3bn ($2.1bn ex-items); net income $0.6bn ($1.4bn ex-items); completed European asset divestiture; $500m Cash Improvement Plan target by end‑2026.
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  31 July 2026

  Moeve H1 2026: €1.2bn Clean CCS EBITDA; 69% of H1 capex to energy transition in Spain

  Net income €458m, capex €605m and operating cash flow €762m; leverage fell to 1.2x; groundbreaking for 300 MW Andalusian Green Hydrogen Valley on Sept 17; Galp merger talks continue.
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  31 July 2026

  bp launches sale process for its North Sea business

  Launching a process to market its North Sea business for potential sale, part of a portfolio review to focus capital on highest-value opportunities.
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  31 July 2026

  FUCHS posts 11% H1 sales growth to EUR 2,003m and raises EBIT outlook

  EBIT rises 24% to EUR 260m; free cash flow before acquisitions EUR 61m; full takeover of Turkish JV in April 2026; Middle East conflict tightens base‑oil supply.
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  31 July 2026

  Shell to sell BG Cyprus Ltd to MOL Group for up to $720 million

  35% non-operated stake in Cyprus Block 12 (Aphrodite); produced gas to be sold to EGAS; completion expected early 2027, subject to approvals.
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  31 July 2026

  OMV Q2 2026: Clean CCS operating result €1,706m

  Strong cash flow and low leverage; all segments profitable. Chemicals lifted by Borouge International closing and higher olefin/polyolefin prices.
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  31 July 2026

  Holcim: H1 recurring EBIT +11.5% organically, guidance upgraded

  Net sales +5.2% organic H1; recurring EBIT margin 18.1%; closed Xella and Cementos Pacasmayo; FY2026 guidance raised to ~5% sales and ~10% recurring EBIT growth.
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  31 July 2026

  MCG Group Q1 consolidated results (FY Mar 2027)

  Sales rose 14% to ¥1,004.2bn; core operating income doubled to ¥114.1bn. Semiconductor demand, higher prices, FX and Middle East-driven naphtha effects boosted performance.