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Mergers, Acquisitions, and Partnerships news
(page 36)
29 October 2025
Baltic Power Installs Key Offshore Substations
Two offshore substations installed to transmit wind-generated electricity to Poland's grid, with significant local manufacturing involvement. Completion set for next year, providing 1.2 GW capacity.
29 October 2025
Brenntag Specialties Pharma Partners with ArcticZymes for Exclusive Distribution of Salt-Active Nucleases
The agreement enables wider access to salt-active nucleases for bioprocessing, enhancing product yield and reducing costs in gene therapy and vaccine production.
29 October 2025
UPM Q3 2025: Resilient Performance Amid Weak Markets
Sales and EBIT declined. Strategic reviews and partnerships initiated. Plywood and paper production adjustments. Biorefinery progress. Sustainability recognized. Uncertainty persists.
29 October 2025
Equinor Q3 2025 Financial Results
Adjusted operating income at $6.21B. Production up 7%. Strong cash flow, cost focus, and strategic developments. Dividend set at $0.37/share.
29 October 2025
OMV Boosts Q3 2025 Clean CCS Operating Result by 20% to EUR 1.3 Billion
Fuels and Chemicals drive growth; Energy segment declines. Cash flow up 7%, leverage at 16%. Progress on Borouge Group and Neptun Deep project.
29 October 2025
BASF Q3 2025 Earnings Slightly Exceed Market Expectations
Sales fell 3% due to currency effects and lower prices. EBITDA before special items was €1.5 billion. Share buyback program to start in November 2025.
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29 October 2025
Sumitomo Corporation Secures Financing for Uzbekistan's Largest Solar and Battery Project
The project will generate 1,000 MW of solar power and 1,336 MWh of storage, supporting Uzbekistan's energy transition with a 25-year power purchase agreement. Completion is expected post-2027.
29 October 2025
Ørsted and Worley Sign Long-Term EPCM Agreement
The eight-year deal supports power generation and CCS in Denmark, enhancing energy infrastructure and decarbonization efforts with a focus on safety and sustainability.
28 October 2025
LyondellBasell Names Polysaf Ltd. Distributor in Israel
Polysaf Ltd. will handle customer interactions in Israel for LYB's non-medical products, enhancing service and support.
28 October 2025
Aramco and GIP Finalize $11 Billion Jafurah Midstream Deal
The Jafurah project will start production by year-end, expanding gas capacity and supporting Saudi Arabia's growth in energy and petrochemicals.
28 October 2025
Topsoe's SOEC Technology Chosen for Forestal's E-Methanol Project
Topsoe's SOEC tech will power Forestal's Triskelion e-methanol project in Spain, enhancing efficiency and sustainability, with operations set for 2028.
28 October 2025
TotalEnergies, Aljomaih Secure 400 MW Solar Project in Saudi Arabia
The 400 MW solar plant in As Sufun will power 68,400 homes by 2027, supporting Saudi Vision 2030's renewable energy goals.
28 October 2025
Air Liquide Q3 2025: Sales Growth and Strategic Successes
Revenue rose 1.9% on a comparable basis. Healthcare and Industrial Merchant drove growth. Investment momentum strong with major projects. DIG Airgas acquisition in South Korea planned.
27 October 2025
NEXTCHEM Partners with Uzkimyosanoat on Carbon Capture in Uzbekistan
A joint working group will assess a carbon capture project in Uzbekistan, potentially leading to further collaboration on engineering, procurement, and construction phases.
27 October 2025
NEXTCHEM Partners with Uzkimyosanoat for Carbon Capture in Uzbekistan
The collaboration focuses on a carbon capture project in Uzbekistan, establishing a Joint Working Group for feasibility and potential EPC phases, aligning with local decarbonization regulations.
27 October 2025
Iberdrola Wins M&A Value Award
Iberdrola's strategic M&A activities, including 26 deals worth over €18.5B, have accelerated its growth, meeting 2026 targets early and boosting its market position.
27 October 2025
OTTCO and Vopak Form Joint Venture in Duqm
The joint venture will develop energy storage and terminal infrastructure in Duqm, supporting energy transition and economic diversification in Oman.
27 October 2025
Air Liquide Acquires NovaAir to Expand in India
The acquisition enhances geographical reach, strengthens market presence, and supports growth in India's industrial and healthcare sectors.
27 October 2025
Galp Q3 2025 Financial Results
Strong Q3 performance with robust cash flow, reduced net debt, and strategic progress in Brazil and Namibia. Upstream, Industrial, and Commercial segments showed solid results.
27 October 2025
Mitsui Chemicals and Polyplastics Partner on Engineering Plastics Marketing
Starting 2026, Polyplastics will manage marketing for ARLEN® and AURUM®, while Mitsui continues R&D and production. Future collaboration opportunities are being explored.
26 October 2025
Hyundai and Toray Partner on Advanced Mobility Materials
The firms signed a joint agreement to develop advanced composite materials for future mobility, focusing on R&D, production, and commercialization.
24 October 2025
Braskem approves R$4.2bn expansion adding 220,000 t/yr ethylene and PE in Rio
R$4.2bn to add 220,000 t/yr ethylene and matching PE at Rio complex. Basic engineering (R$233m) approved. Target end‑2028. Needs extra financing; long‑term ethane supply with Petrobras.
24 October 2025
Eni Q3 and Nine-Month 2025 Results
Strong Q3 performance with increased cash generation, share buyback, and production growth. Strategic projects in LNG, biorefining, and CCUS advance, maintaining low leverage and stable dividends.
24 October 2025
AGC and NPC Partner for Solar Panel Glass Recycling Expansion
Aiming to recycle solar panel glass by 2030, a new method turns cover glass into architectural glass, overcoming technical challenges and enhancing sustainability.
24 October 2025
Kemira Oyj Q3 2025: Profitability Steady Amid Market Challenges
Revenue and EBITDA declined due to market softness. Water Solutions remained strong. Strategic acquisitions and partnerships aim to boost growth. 2025 outlook remains unchanged.
24 October 2025
Kemira Acquires Water Engineering, Inc.
The acquisition enhances Kemira's North American market position and water treatment capabilities, integrating Water Engineering, Inc. into its Water Solutions unit.
24 October 2025
Holcim Reports Continued Profitable Growth
Recurring EBIT up 9.8%, net sales up 2.9%. Acquiring Xella to boost sustainable walling systems. FY2025 guidance confirmed, aligning with NextGen Growth 2030 targets.
23 October 2025
BASF and ANDRITZ License Agreement for OASE Technology
OASE technology to capture 435,000 tons of CO2 annually in Aarhus waste-to-energy plant, pending Danish CCS fund approval.
23 October 2025
Neste and United Airlines Expand SAF Supply to Three Major US Airports
United Airlines will use Neste's SAF at Houston, Newark, and Dulles airports, aiming to reduce emissions and promote sustainable aviation with government support.
23 October 2025
Cytiva Launches Renewable Polyolefins
Cytiva adopts renewable polypropylene to cut Scope 3 emissions, ensuring high performance in healthcare applications with ISCC PLUS-certified materials.
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