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Mergers, Acquisitions, and Partnerships news
(page 12)
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
Avantium and Heynen prototype releaf PEF cushion for bedding and upholstery
Prototype cushion uses plant-based PEF (releaf) to trial automated foam encapsulation in bedding/upholstery, assessing performance and sustainability; shown at Interzum Forum Italy, 4-5 June 2026
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.
26 May 2026
BASF and Arva partner to supply verified low‑CI grain for 45Z biofuel tax credits
Collaboration links biorefineries to verified low-CI grain via farmer-direct and commercial channels, delivering audit-ready CI scores, traceability and turnkey 45Z administration.
26 May 2026
Evonik partners with University of Guanajuato on sustainable, lower-toxicity mining chemicals
Academic-industry collaboration to develop biosurfactant-based, lower-toxicity chemicals for mining, accelerating market rollout while reducing environmental impact.
26 May 2026
PureCycle Granted Thailand FastPass for Rayong Polypropylene Recycling Facility
Certificate valid May 6, 2026 - Dec 31, 2028; accelerates approvals and permits; requires ≥20% of stated investment within six months; at IRPC eco-industrial zone; supports 1B-lb recycling by 2030.
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26 May 2026
Lilly acquires three companies to expand infectious disease portfolio
Adds a better-tolerated shingles vaccine, bacterial-toxin vaccine platform for S. aureus, N. gonorrhoeae and C. trachomatis, and nanoparticle EBV vaccine tech; deals include milestone payments.
26 May 2026
AGC Biologics Starts NN4101 Bispecific Antibody Development and GMP Production
With Novelty Nobility, moves Copenhagen cell‑line/MCB work to GMP manufacturing in Chiba from May 2026. Targets retinal neovascular disease; global cGMP network enables tech transfer.
25 May 2026
Eni approves FID for Baleine Phase 3 in Côte d’Ivoire
Phase 3 lifts oil from 60k to 150k bpd and gas from 80 to 200 MMcf/d. New FPSO. All gas for domestic power/industry. Phased fast‑track development to boost energy security and local growth
25 May 2026
Aramco transfers PRefChem ownership to PETRONAS
PRefChem is now fully owned by the buyer; deal boosts acquirer's operations and supply flexibility, lets seller optimize downstream assets. Also to explore crude supply, tech exchange and distribution
25 May 2026
Sines strengthens transatlantic digital connectivity
Telesur–EllaLink deal to build Caribbean Gateway cable linking the Caribbean, Europe, US and Brazil, boosting capacity and redundancy and EU digital resilience; boosts ZILS appeal for data infra
22 May 2026
Acelen Renewables raises US$1.5bn to build SAF/HVO biorefinery in Bahia
Bahia biorefinery to produce 1 billion litres/year of SAF and HVO, targeting start of operations in 2029.
22 May 2026
MOL obtains U.S. license to continue NIS negotiations
OFAC granted a license to continue negotiations to acquire a majority stake in NIS until 6 June 2026; talks enter final phase—significant progress, but some terms remain to be settled.
22 May 2026
Eli Lilly's Foundayo (orforglipron) reduces body weight up to 13% in adults 65+
Once-daily oral orforglipron can be taken any time without food/water restrictions; showed significant 72-week weight loss across ages and diabetes status; safety consistent; GI AEs common.
22 May 2026
Merck secures CHMP positive opinion for KEYTRUDA + Padcev in cisplatin‑ineligible resectable MIBC
CHMP backed perioperative regimen for cisplatin‑ineligible resectable MIBC after Phase 3 KEYNOTE‑905 showed significant EFS, OS and pCR gains; EC decision due by Q3 2026; FDA cleared Nov 2025.
21 May 2026
PETRONAS Chemicals Group 1Q2026: 97% plant utilisation and improved earnings
High plant utilisation, RM7.0bn revenue and RM1.2bn EBITDA; PAT RM427m vs LAT RM730m prior quarter amid higher commodity prices.
21 May 2026
Eni inks long-term LNG deals in Indonesia
Three long-term deals secure ~2 MTPA LNG from Kutei Basin; supply via Bontang LNG, reactivating one idle train to maximize use of existing infrastructure.
21 May 2026
Rely wins Power2X EPC for 20MW Djewels green hydrogen plant in Delfzijl
Project reached FID/NTP and moves into construction. Will use John Cockerill pressurized alkaline electrolysis; first hydrogen expected mid‑2028; plant ties into local Chemical Park and Nobian.
21 May 2026
Eni CCUS Holding secures £500m+ financing facility for CCS platform
Facility backs Liverpool Bay CCS (operational 2028; 4.5 Mt/yr rising to 10 Mt by 2030s), funds other projects (L10, Bacton, Ravenna option); 13-bank syndicate; 30% built
21 May 2026
PureCycle and Reliable Caps launch closures made with PureFive recycled polypropylene (up to 75% PCR)
Bright white, colorable closures using certified, domestically sourced recycled PP; FDA-grade and GreenCircle‑certified, suited for contact‑sensitive food, beverage and personal‑care packaging.
21 May 2026
EIF commits €200m to Copenhagen Infrastructure Partners' Advanced Bioenergy Fund II
€200m backing to scale biomethane in Europe via greenfield anaerobic‑digestion plants converting agricultural waste; fund targets €1.5bn and aims to strengthen energy security.
21 May 2026
QatarEnergy, Egypt and ExxonMobil sign MoU to study Cyprus gas via Egypt LNG
MoU to study commercializing Cyprus gas via Egypt’s existing gas and LNG export infrastructure, explore flexible frameworks, boost Eastern Mediterranean integration and supply diversification.
21 May 2026
Iberdrola signs 10-year PPA with Gonvarri Industries for 26,000 MWh/year
PPA covers eight production sites in four European countries, with 100% guarantees of origin (80% wind/20% solar). It secures stable, competitive supply to boost electrification and decarbonisation.
21 May 2026
Starck International develops agricultural terminal at North Sea Port
14‑ha Vlissingen terminal to consolidate bulk agricultural flows for storage, transshipment and circular animal‑feed processing. Fast start in existing warehouses; creates dozens of jobs.
21 May 2026
ADNOC deploys Taurob heavy‑duty inspection robot and co‑develops operator robot
Inspector robot conducts autonomous hazardous-site inspections with LiDAR and thermal imaging. A heavy-duty operator robot to lift, grip and turn valves in extreme temperatures — operational 2026.
21 May 2026
Gasunie, Open Grid Europe and Thyssengas to develop Netherlands–Germany hydrogen corridor
Cross‑border hydrogen link planned between Zevenaar and Elten by 2031, reusing existing gas pipelines; first phase connects the Rhine‑Ruhr region, later southern hubs such as Ludwigshafen
21 May 2026
EemsGas secures €149.8m SDE++ operating subsidy for biomethane production
Project (>€100m) will build a demolition-wood gasification plant producing 18M m3/yr biomethane. Earlier €30m DEI+ grant. Construction 2027, operation 2029. Subsidy secures 15‑yr revenue
21 May 2026
Shofu, Tosoh, Mitsui Chemicals, Orbray launch zirconia dental-waste recycling project
Verification project to recycle zirconia dental milling waste into regenerated raw material and remanufactured blocks for reuse; practical use targeted by FY2028 with dental labs.
21 May 2026
EnviTec Biogas to deliver first EnviThan plant in Denmark for Gasum
935 Nm3/h upgrading unit in a 45-ft container with SEPURAN Green membrane, ready to feed the gas grid by year-end; enables plant to raise output from 40 to up to 70 GWh/yr.
21 May 2026
Kemira and CuspAI design AI‑generated PFAS‑removal materials
Generative AI designed novel MOFs targeting PFAS (GenX, PFBS, PFOS), screened ~300T structures, yielded 5,000 candidates narrowed to ~20 in six months; next phase: development and testing
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