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Mergers, Acquisitions, and Partnerships news
(page 4)
24 July 2026
Infineum and Kangtai expand partnership with Southern Asia distribution deal
Distribution arrangement lets Southern Asia distributors add partner’s additives and components, broadening product lines and supporting Kangtai’s regional expansion.
23 July 2026
Air Liquide to invest over $150M in Idaho gas plant for memory-chip maker
Idaho unit to supply ultra‑pure nitrogen, oxygen and argon for rising AI-driven memory-chip production; operations slated to start in 2028.
23 July 2026
Johnson Matthey completes acquisition of Cormetech
Adds US SCR catalyst maker with gas-turbine IP to Clean Air business; combined unit to target power-generation and data-centre demand with sales >£200m and mid-teens margin in 2026/27.
23 July 2026
Symrise signs put option to acquire Floral Concept
Put-option deal to buy a French premium natural-fragrance ingredients house, aiming to expand premium naturals in Grasse and combine capabilities for fine perfumery; closing targeted Q3 2026.
23 July 2026
Kemira acquires ANMAC Water Treatment Service business
Acquires California-based provider of preventive pinhole corrosion protection for large buildings; 2025 revenue USD 8.5m and 19 employees; purchase price undisclosed.
23 July 2026
Enilive to acquire OIL! service-station network from Prax
Adds about 320 stations across Germany, Denmark, Austria and Switzerland; sites to be integrated progressively and will offer HVO biofuel, fast EV charging and convenience formats; subject to approvals.
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23 July 2026
UPM H1 2026: Q2 EBIT up 71%; plywood demerger approved and graphic paper JV agreed
Q2 comparable EBIT rose 71% to €212m; portfolio moves include a graphic paper joint venture and approved demerger of the plywood unit.
22 July 2026
GSK's Jideytro (zidesamtinib) approved in US for ROS1‑positive NSCLC
FDA clears zidesamtinib for adults with advanced ROS1‑positive NSCLC after prior ROS1 inhibitor; ARROS‑1 showed 44% ORR and durable responses, including in brain metastases.
22 July 2026
Pirelli, Pyrum, Synthos and BASF launch tyre-to-tyre circular supply chain
Converts end-of-life and scrap tyres into recovered carbon black, tyre pyrolysis oil and ISCC PLUS‑certified synthetic rubber for reuse in tyre production.
21 July 2026
SABIC and CEER sign MoU to explore materials collaboration for Saudi EVs
MoU to assess advanced materials for EV applications, co-develop material and processing solutions, share sustainability know‑how and support a local supply chain for the Saudi EV sector.
21 July 2026
PTT Global Chemical wins BRIPC Best Practice Case in IP 2025 for muconic acid patent
Patent for improved muconic acid commercialized; collaboration with Toray advanced bio-based adipic acid and pre-commercial Bio‑Nylon 6,6, supporting circular economy.
21 July 2026
TotalEnergies: FID for Umm Shaif Gas Cap development
Final investment decision taken to develop the gas cap above Umm Shaif and Nasr offshore reservoirs, targeting >600 million cubic feet/day by 2030 and up to 1.5 billion in future.
20 July 2026
tk accelis outlines mid-term targets and spin-off plan at Capital Markets Day
Presents >4% sales CAGR and 4–5% adjusted EBITDA margin targets, details growth strategy and plans a minority-stake spin-off subject to thyssenkrupp shareholder vote on 7 Aug 2026.
20 July 2026
IFF to sell botanical extracts, vitamins & minerals and food enhancement activities to SuanNutra
Sale covers botanical extracts, vitamins & minerals, natural colors, antioxidants and certain Peru flavor activities; operations generated ~$170M in 2025 and employ ~600 across five plants; expected close by end‑2026.
20 July 2026
WuXi Biologics hits 1,000th molecule milestone with Earendil Labs trispecific antibody
Trispecific ophthalmic antibody marks the platform's 1,000th molecule; collaboration advanced multiple multispecifics, fusion proteins and ADCs from DNA to IND with faster-than-average timelines.
17 July 2026
SONATRACH and Siemens Energy sign MoU on maintenance, green hydrogen and compression
MoU to co-develop maintenance and repair solutions, training, digitalisation and predictive maintenance, and to support local green steel and green ammonia value chains.
17 July 2026
SONATRACH and Bosch sign MoU to explore green hydrogen in Algeria
MoU to explore green-hydrogen projects in Algeria, including electrolyser manufacture, hydrogen production and technical knowledge exchange.
17 July 2026
bp brings ConocoPhillips into Kirkuk redevelopment
A 42% stake will support redevelopment of Kirkuk oil fields, with an initial >3 billion boe production phase across Baba, Avanah, Bai Hassan, Jambur and Khabbaz.
17 July 2026
Honeywell Technologies completes acquisition of Johnson Matthey Catalyst Technologies
£1.325bn cash deal expands catalyst portfolio across refining, petrochemicals and renewable fuels; integrates catalyst expertise with automation and digital offerings for end-to-end solutions.
16 July 2026
Alfen and CATL partner on 5 GWh sodium‑ion storage deployment in Europe
Joint plan to deploy 5 GWh of sodium‑ion battery storage across Europe to cut costs, diversify supply and reduce exposure to lithium price swings.
16 July 2026
SABIC and Rongsheng sign PDA for Jintang New Materials project in Zhoushan
Evaluating up to 50% stake in Zhoushan advanced-materials project; PDA sets framework toward a potential FID and joint development.
16 July 2026
WISA Group Plc: Finnish regulator approves demerger and listing prospectus; leadership team appointed
Regulator approved the Finnish-language prospectus for the plywood carve-out; EGM, demerger completion and Nasdaq Helsinki listing set for Aug–Nov 2026.
16 July 2026
Lilly to acquire AtaiBeckley to add rapid-acting neuroplastogen pipeline
Adds BPL-003 (mebufotenin benzoate intranasal) and VLS-01 (DMT buccal); upfront $6.75/share plus up to $2.50/share CVR tied to development, regulatory and DEA-rescheduling milestones.
16 July 2026
Uniper supplies Q1 Energie AG with bio‑LNG
Initial delivery expands bio‑LNG availability for heavy road transport; biomethane is liquefied at Gate Rotterdam, shipped in ISO tanks to Germany and distributed to filling stations.
15 July 2026
PureCycle, Mitsui and RM TOHCELLO to bring recycled PP to BOPP film in Japan
Aiming to introduce recycled polypropylene into BOPP flexible packaging; pilot runs successful and a commercial agreement is targeted for 2027 ahead of shipments subject to import clearance.
15 July 2026
GSK completes Nuvalent acquisition, adds three NSCLC assets
Adds three NSCLC assets including two under FDA review for ROS1 and ALK with target decisions later this year; expected 2026 launches; deal valued at ~$10.6bn.
15 July 2026
Johnson & Johnson Q2 2026 results and raises 2026 outlook
Quarterly sales topped $25.3B; adjusted net earnings and EPS rose, free cash flow improved, and full-year revenue guidance was raised above $100B for the first time.
15 July 2026
BASF raises 2026 EBITDA outlook after stronger Q2 results
Q2 sales rose 16% to €17.2bn; EBITDA before special items €2.4bn; net income lifted by a €3.9bn disposal gain; full-year EBITDA guidance raised to €6.9–7.7bn.
14 July 2026
Olin and Huntsman: SEC Declares S‑4 Effective for Planned Merger
SEC declared the Form S‑4 effective; special shareholder meetings set for Aug 25; closing expected H1 2027; transaction targets >$400M in synergies and broader vertical integration.
14 July 2026
Evonik and evitria launch eviCHO CHO‑K1 transient expression kit
Ready-to-use CHO‑K1 transient expression kit simplifies lab workflows and speeds consistent protein production for early-stage biologics research.
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