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Mergers, Acquisitions, and Partnerships news
(page 16)
19 March 2026
Sumitomo Corporation to Deploy Palantir AIP for OCTG Supply Chain DX
AI/data platform to optimize OCTG supply chain—inventory, processing and billing. Europe pilot validated; rollout from FY2026 with phased function and regional expansion.
18 March 2026
Zephyr to buy permanent carbon removals from Carbon Centric
Four-year buy of carbon removal certificates to offset estimated Scope 1 (10 t/yr), retroactively and going forward, and to support development of permanent CO2 storage projects
18 March 2026
thyssenkrupp nucera to supply 300 MW electrolyzers for Moeve’s Onuba green-hydrogen plant
First phase in Huelva, Spain, will yield ~45,000 t/yr green H2; FID taken Mar 2026. Expected CO2 savings ~250,000 t/yr; part of a scalable Andalusian Green Hydrogen Valley linking to EU industry
18 March 2026
BASF divests Aseptrol biocide business to Oxidium Technologies
Aseptrol chlorine dioxide portfolio sold; terms undisclosed. New owner will expand the technology into additional industries. Formulations, labeling, approvals and supply remain unchanged.
18 March 2026
Refining and Chemical Engineering Group 2025 results
2025: operating revenue RMB700.74B, net profit RMB18.07B; new contracts RMB1,012.48B; first-time special dividend; tech licensing RMB10.13B; overseas front-end wins; front-end/EPC >80% backlog; ESG AA
18 March 2026
Taiwan Bio and Terumo BCT to automate Treg manufacturing on Quantum Flex
Evaluate a 3-in-1 workflow to stabilize and scale Treg production for TRK-001 Phase 2, cut variability and COGS, shorten cycle time, and enable next-gen engineered Treg INDs.
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18 March 2026
Asahi Kasei, Nippon Steel and Nippon Steel Trading recycle electrolysis cell titanium scrap into pure titanium
Titanium scrap from chlor-alkali electrolysis cell production is collected, processed and remelted into high-purity titanium with strict contamination control, traceability and recycling targets.
18 March 2026
Eni approves dual FIDs for Indonesian deep‑water gas hubs
Dual FIDs for Gendalo/Gandang and Geng North/Gehem offshore East Kalimantan. Start 2028; plateau 2029 at 2 bscfd gas and 90,000 bpd condensate. Tie-backs to Jangkrik, new FPSO.
18 March 2026
Siemens expands data center ecosystem to accelerate AI deployments
Investment and partnerships add compute-flexibility, grid-scale energy storage and physics-AI modeling to align AI workloads with grid conditions, speed interconnection and scale data center deployments
18 March 2026
Technip Energies acquires minority stake in Verso Energy’s DEZiR eSAF plant in Rouen
Project will use carbon capture to source biogenic CO2 and has FEED underway; plant due ~2030 to produce 80,000 t/yr eSAF, backed by France 2030/EU fund and planned for replication.
17 March 2026
SOCAR and KMG reach 4 million tonnes of Kazakhstan oil transit via Azerbaijan
427th Kazakhstan shipment left Aktau on Mar 12, arrived Sangachal on Mar 13; oil from Tengiz and Kashagan fields delivered to Sangachal, then sent via BTC pipeline to Ceyhan for export.
17 March 2026
Siemens and Rittal partner on AI data center power infrastructure
Develops scalable, standardized IEC/OCP power distribution for AI data centers - including a white-space 'sidecar' power rack - to handle rising rack densities, speed deployment, and boost efficiency.
17 March 2026
Siemens and Rittal partner on data center power infrastructure
Create standardized, sustainable power distribution for AI data centers: in-rack power units, low-voltage modular/container systems, cooling & safety solutions; pilots underway.
17 March 2026
SOCAR and KMG transit 4 million tons of Kazakh oil via Azerbaijan
Transit of Kazakh oil via Azerbaijan reaches 4 million tons: 3.8 Mt from Tengiz, 0.2 Mt from Kashagan. 427th shipment left Aktau Mar 12; oil moves Aktau-Sangachal-BTC-Ceyhan for export.
17 March 2026
Symrise Launches Care & Wellness Division
The new division integrates cosmetic ingredients, health actives, and biotics to meet demand for holistic care solutions, enhancing innovation and market readiness.
17 March 2026
EIB, Natixis CIB, Sunprime Launch €507M Solar and Storage Project in Italy
Project Sophocles will develop 200 solar plants and 350 MW of storage in Italy, generating 416 GWh annually and reducing CO₂ emissions by 2.86 million tonnes.
16 March 2026
Petrobras to Acquire Full Ownership of Tartaruga Verde and Espadarte Fields
Petrobras will pay $450M to acquire Petronas' 50% stake in Tartaruga Verde and Espadarte fields, regaining full ownership. Completion awaits regulatory approval.
16 March 2026
bp Starts Gas Production at Angola's Quiluma Field
Initial production is 150 mmscf/day, ramping to 330 mmscf/day by 2026. The project is Angola's first non-associated gas development, enhancing its global natural gas market position.
16 March 2026
OCI Global H2 and FY 2025 Unaudited Results
Geopolitical tensions raise gas costs, impacting nitrogen production. OCI divests assets, plans merger with Orascom. Court halts shareholder vote pending inquiry. Revenue and EBITDA decline.
14 March 2026
Ørsted's Revolution Wind Powers New England Grid
Revolution Wind delivers 704 MW to New England, powering 350,000 homes, stabilizing prices, and supporting 2,000 jobs. Expected to save $500M annually in energy costs.
13 March 2026
Statkraft and Power Companies Urge EU to Protect Emissions Trading System
Power firms urge EU to maintain the Emissions Trading System, preserve market mechanisms, and accelerate decarbonization to ensure energy security and competitiveness.
12 March 2026
LBB Specialties Expands Personal Care Portfolio with Sasol
Expanded personal-care portfolio through a partnership with a global chemicals manufacturer, adding access to a broad range of specialty and commodity ingredients for diverse applications.
12 March 2026
Bilfinger and Covestro extend five-year maintenance agreement
Five-year extension for electrical PCT assembly and 24/7 preventive/reactive maintenance at German sites, supporting chlorine production to boost plant availability and efficiency.
12 March 2026
Aptar Pharma and COVIRIX Medical Develop Inhalable Antivirals
The collaboration explores using Aptar's DPI platform for COVIRIX's antiviral delivery, targeting respiratory viruses with high local efficacy and minimal side effects.
12 March 2026
WuXi Biologics and Earendil Labs Partner to Develop Antibodies and ADCs
The collaboration aims to speed up development and manufacturing of bispecific/multispecific antibodies and ADCs for autoimmune diseases and cancer, leveraging AI and advanced biologics expertise.
12 March 2026
Evonik and IMCD Expand U.S. Distribution for VISIOMER® Methacrylates
IMCD will distribute VISIOMER® Specialty Methacrylates in the U.S., enhancing support for coatings, adhesives, construction, and more.
12 March 2026
dsm-firmenich Unveils Performance Boost Plan at Investor Event
The company aims to enhance growth, EBITDA margins, and cash flow, with a share repurchase program and strategic updates amid ongoing macroeconomic challenges.
12 March 2026
RWE Reports Strong 2025 Financials, Plans Growth to 2031
RWE plans €35B investments by 2031, boosting capacity to 65 GW. Focus on US and Germany, with 10% annual dividend growth. Earnings per share to rise from €2.48 to €4.40.
12 March 2026
Clariant Demonstrates Pyrolysis Oil Upgrading for Circular Plastics with Borealis and SINTEF
Clariant's HDMax catalyst converts plastic waste-derived pyoil to cracker-grade feedstock in a single reactor, reducing costs and complexity, advancing circular economy solutions.
11 March 2026
Holcim Acquires Colombian Operations
Holcim expands in Colombia, acquiring Cemex assets. The deal adds 20+ sites, boosting 2026 sales by USD 360M. Expected synergies of USD 30M in 3 years, EPS accretive in year one.
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