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Mergers, Acquisitions, and Partnerships news
(page 8)
23 June 2026
Evonik builds Lülsdorf–Wesseling methanol pipeline to secure methionine feedstock
Shared regional storage and a new 4 km methanol pipeline improve feedstock security for methionine production while cutting Scope‑3 emissions and enabling future green methanol.
22 June 2026
ArcelorMittal and AWS to industrialise AI and supply low‑carbon steel
Cloud, AI and edge tech will be deployed at plant floors for predictive maintenance, quality control, process optimisation and digital twins; plus a multi‑year lower‑carbon structural steel supply for Europe and the UK.
19 June 2026
Evonik sells Hanau pharmaceutical-ingredient assets to ProChem
Selected Hanau production assets transfer to a CDMO; Hanau GMP lipid unit retained to supply clinical and small commercial needs; deal expected to close 19 June 2026.
19 June 2026
Holcim acquires Xella
Adds European walling brands (Ytong, Hebel, Silka, Multipor); projected 2026 sales €1bn; €60m run-rate EBITDA synergies by year three; EPS accretive in year one.
18 June 2026
NAN GreenMet and Silox form 50:50 JV to build India's advanced Li‑ion battery recycling platform
A 50:50 joint venture will set up India's most advanced Li‑ion battery recycling and critical minerals recovery platform.
18 June 2026
Toray selected by JAXA for on‑orbit 3D printing and advanced materials
Develop 3D printing materials and equipment for in-space manufacturing to produce satellite components, repair parts, debris shields and large structures.
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18 June 2026
Jordan Green Ammonia secures 1,000‑ha Aqaba lease for 120,000 t/yr green ammonia project
A 1,000‑hectare site in Aqaba leased for a green ammonia plant producing 120,000 t/yr using 550 MWp solar plus storage; financial close targeted September 2027.
18 June 2026
ProLogium and Elysian sign MoU to evaluate next‑generation batteries for large electric aircraft
Parties will assess pack‑level energy density targets (320–420 Wh/kg) to support large battery‑electric aircraft with 750–1,000 km ranges and explore European supply‑chain localization.
18 June 2026
Statkraft and Alcoa agree 4.8 TWh supply to secure Lista aluminium plant
About 4.8 TWh of power for 2028–2031 to underpin Lista production after Line 2 restart, supporting the plant’s 95,000 tpa nameplate capacity and further development.
18 June 2026
ORLEN takes 20% stake in Goliat and four Norwegian licences
Acquisition adds ~58 million boe (including ~3 BCM gas) and aims to lift output from ~4,000 to ~12,000 boe/d through development of Goliat and Goliat Ridge.
17 June 2026
SONATRACH and VNG AG sign MoU on green hydrogen and methane reduction
MoU to explore cooperation on green hydrogen, ammonia projects and methane emissions reduction, building on a 2022 agreement.
17 June 2026
PCC SE consolidates MCAA business into PCC Rokita SA
Share-swap would issue 4,251,619 new shares using a six‑month VWAP example (68.05 PLN), implying about €68m valuation; aims to centralise MCAA production and capture synergies.
17 June 2026
Repsol signs MoU to assess Horcón area in Venezuela
MoU with Venezuelan government and PDVSA to evaluate Horcón area, study offshore gas prospects, and address payments and crude cargo scheduling.
17 June 2026
SOCAR and ICD sign MoU to explore PPP financing
Joint MoU to explore financing for public–private partnership projects in Azerbaijan and other member countries, with ICD providing tailored Sharia-compliant solutions for project companies.
17 June 2026
IEA Bioenergy Task 39 and IEA AMF Task 66 deepen collaboration on Sustainable Aviation Fuels
Formal collaboration will pool expertise, resources and networks to tackle SAF adoption barriers and expand joint seminar activity.
17 June 2026
Bilfinger awarded Phase 2 turnkey expansion at Gübretaş Söğüt Gold Mine
Turnkey installation, EI&C and commissioning of a new processing plant for the Söğüt Gold Mine; 24-month contract starting June 2026 with up to 650 workers onsite.
16 June 2026
Eni and Hera launch Ravenna Environmental Hub
26-hectare Ca’ Ponticelle site repurposed for circular-economy hub with waste pretreatment, soil biorecovery, 6 MWp PV and experimental vanadium flow battery.
16 June 2026
PureCycle advances food-contact PCR for New Jersey 2027 mandate
NJDEP confirms PureFive resin qualifies as PCR; 20% food-contact PCR required Jan 2027, rising to 50% by 2036; Amcor produced compliant containers.
16 June 2026
Siemens, Databricks and FFT integrate Industrial Edge with Databricks Platform
Edge-to-cloud link streams contextualized shopfloor and plant data directly to the cloud for scalable AI models, removing the need for complex IoT middleware.
16 June 2026
MOL and Serbian government sign shareholders' agreement on NIS governance
Defines governance and decision-making for NIS, secures Pancevo refinery operation and market supply with a 10‑year capacity commitment, but closing awaits seller agreement and OFAC approval.
16 June 2026
Essar Energy Transition Fuels and IRH agree USD 500 million crude and product facility
USD 500 million facility to secure crude sourcing, diversify feedstock and optimise working capital for Stanlow refinery’s refining and trading activities.
16 June 2026
MAIRE/NEXTCHEM buys 70% of ETEK (owner of SISEMTEK) to add metals recovery capabilities
Majority buy adds pyrometallurgical, hydrometallurgical and electrowinning tech to recover precious and critical metals from e‑waste, batteries, PV panels and mining tailings.
16 June 2026
Westlake acquires Wilhelmshaven PVC and VCM plant
Completed acquisition of Wilhelmshaven PVC/VCM site with 380,000 t/yr PVC capacity on Germany’s North Sea coast and a deep‑water dock for raw‑material supply.
16 June 2026
Olin and Huntsman to merge as OlinHuntsman
All-stock merger creates an integrated North American chemicals platform with vertical chlorine/caustic integration, ~$12.5B pro forma revenue and $400M+ identified synergies.
16 June 2026
MOL Group signs production sharing agreement for Libya O7 offshore block
JV with Repsol and TPAO for deepwater O7 block off Libya; commitment includes 1,500 km 2D and 2,300 km² 3D seismic surveys and one exploration well.
16 June 2026
Kemira acquires Clear Water Technologies business in California
Adds California boiler and cooling‑tower service business with 2025 revenue just over USD 3M and 12 employees; to be integrated into Water Solutions to expand industrial water treatment services in North America.
15 June 2026
EIB: Egypt and EU invest €690 million to modernise Egypt's electricity grid
Up to €690m will fund grid upgrades to integrate 22 GW of solar and wind by 2030, cut transmission losses, improve reliability and reinforce Egypt as a regional clean‑energy hub.
15 June 2026
Eastman acquires Jarylec dielectric brand from Arkema
Acquisition covers trademarks, customer list, technical documentation and IP for dielectric fluids used in high‑voltage transformers; production stays in Marl, Germany.
15 June 2026
Croda’s Avanti Polar Lipids partners with NovoArc to expand lipid offering for pharma research
Adds advanced lipid technologies offering improved stability and enabling new delivery routes for mRNA, protein and peptide therapeutics; initially for research use with scale-up development.
15 June 2026
Stahl acquires Weilburger Graphics packaging coatings business in Brazil
Acquisition adds Weilburger Graphics' Brazil packaging coatings portfolio; production to be insourced in 2026 and local manufacturing capacity expanded; closing pending approvals.
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