Mergers, Acquisitions, and Partnerships news (page 5)

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  14 July 2026

  Mitsui Chemicals to establish MC Dental Holdings America as oral-care global HQ

  New US holding will become the global headquarters for the group's oral care business after the Ultradent acquisition; establishment moved up to July 2026.
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  14 July 2026

  BP Q2 2026 trading statement

  Lower reported upstream volumes from seasonal Gulf maintenance and Middle East disruption; stronger oil and refining realizations; net debt cut to $22–23bn; post-tax impairments about $1bn.
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  14 July 2026

  Topsoe and Sasol license G2L SAF technology to Allied Biofuels for Uzbekistan plant

  License and engineering deal to supply G2L eSAF and bio‑SAF technology for a Khorezm plant producing about 300,000 t SAF/eSAF annually; FID 2027, commercial ops targeted 2030.
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  13 July 2026

  Galp 2Q26 trading update and Moeve downstream talks

  Moeve tie-up aimed for H2 2026; provisional 2Q26 shows 127 kboepd production, $16.8/boe refining margin and 2.3 GW renewables capacity.
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  13 July 2026

  Eni and BMW Group agree use of Enilive HVOlution for BMW corporate fleets

  Corporate fleets to run on 100% HVO diesel from renewable feedstocks with per-vehicle traceability and station coverage across Italy, Germany and Austria.
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  13 July 2026

  AkzoNobel confirms Nippon Paint €7.5bn offer for Decorative Paints

  Multiple conditional, non-binding proposals received; Boards say the offer undervalues the business and continue to support the Axalta merger.

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  13 July 2026

  Sinopec completes reorganization of China Aviation Oil into wholly‑owned subsidiary

  Reorganization finalised; the aviation fuel business is now a wholly‑owned second‑level subsidiary, with integration to accelerate building a world‑class aviation energy supplier and deepen Party‑led governance.
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  13 July 2026

  PETRONAS and Shizuoka Gas renew 30‑year LNG partnership

  SPA for ~0.84 MMT LNG over seven years starting 2032; adds supply flexibility and reliability and includes plans to explore decarbonisation collaboration.
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  13 July 2026

  Lhyfe and Messer: 10-year renewable hydrogen supply deal and 30% equity in four sites

  10-year offtake plus minority equity in four European renewable hydrogen sites; minimum volumes start in 2026 and ramp to several hundred tonnes per year.
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  11 July 2026

  Sinopec completes reorganisation of China Aviation Oil

  Reorganisation aims to strengthen aviation fuel supply security, accelerate SAF scale-up and integrate production-to-sales for greater international competitiveness.
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  10 July 2026

  Hansoh Pharma: Ris‑Rez (risvutatug rezetecan) ARTEMIS‑008 shows overall survival benefit in Chinese SCLC patients

  Phase III trial met overall survival endpoint in advanced or relapsed small‑cell lung cancer in China, with consistent secondary benefits and no new safety signals.
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  10 July 2026

  POSCO HOLDINGS expands into lithium and energy under 'Triple-core' portfolio

  Triple-core portfolio to shore up supply chains; aims Global Top 5 lithium by 2033, KRW 16.7T investment in 2026–2028, and KRW 187T revenue by 2035.
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  9 July 2026

  Petrobras completes acquisition and operatorship of São Tomé and Príncipe Block 3

  Consortium now set with operator at 75% and partners at 15% and 10%; move supports reserve replenishment through new-frontier exploration.
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  9 July 2026

  OXEA FID for Bay City capacity expansion with Air Liquide syngas unit

  Major Gulf Coast plant expansion will raise propionaldehyde output, enable propanol and butanol production, add syngas feedstock with CO₂ recirculation, and target completion by end‑2028.
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  9 July 2026

  INEOS and Recuro to build advanced pyrolysis recycling plant at Bamble (33,000 t/yr)

  Advanced pyrolysis plant at Bamble will process 33,000 t/yr of end-of-life plastics, powered by renewable energy to produce recycled ethylene and virgin-quality recycled polyethylene.
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  9 July 2026

  Rompetrol Rafinare Petromidia marks 50-year milestone

  50-year anniversary of the Năvodari refinery; built on reclaimed land, now a 29‑unit complex with >5 Mtpa capacity, Nelson Complexity 9.32 and 2025 production records.
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  9 July 2026

  Salzgitter AG to acquire 100% of Hüttenwerke Krupp Mannesmann (HKM)

  Acquire Duisburg steelworks, convert site to electric-arc furnace, cut workforce from ~3,000 to ~1,000 and aim for ~90% CO2 reduction.
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  9 July 2026

  SOCAR and Technip Energies Italy sign MoU to explore petrochemical and decarbonisation cooperation

  Delegations agreed to explore flexible petrochemical feedstocks, productivity and energy-efficiency measures, green energy and decarbonisation, and participation in international projects; MoU targets Petkim Master Plan.
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  9 July 2026

  Moeve & Exolum secure €105m project finance for Muelle Sur berth at Port of Huelva

  Project finance backs a 511‑m berth already over 50% complete to serve 2G biofuels logistics, improving handling of sustainable feedstocks and renewable fuels.
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  8 July 2026

  PETRONAS Carigali signs third JDA with IBM and Tridiagonal.AI to advance TriCipta AI

  Expands TriCipta AI into upstream surface-equipment optimisation using IBM IT and Tridiagonal.AI engineering AI; builds on prior AI.SEEK and GEB deployments.
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  8 July 2026

  MAIRE's Tecnimont and Sinopec Engineering sign project execution cooperation agreement

  Partnership pairs advanced engineering and global procurement with large-scale manufacturing and construction to pursue energy and chemicals projects worldwide.
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  8 July 2026

  Avantium with Casa da Malha and Lacatoni develop PEF textile prototypes

  Collaborative project produces PEF-based yarns and knitted sportswear prototypes, including a prototype sports shirt shown at Milano Unica, to test plant-based recyclable polyester in apparel.
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  7 July 2026

  Nobian launches LiSA pilot to scale circular low‑carbon lithium refining

  Pilot will test salt-assisted crystallization to refine LiCl from geothermal brines and recycled batteries into battery-grade lithium with lower energy, CO₂, water and waste.
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  7 July 2026

  Al Baleed Petrochemical joins Carbeau to commercialise Volta CO₂-to-chemicals technology

  Becomes strategic partner in a spin-out commercialising an electrochemical route to turn captured CO₂ into glycolic acid and PLGA using renewable electricity; Salalah eyed for first non‑EU plant.
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  7 July 2026

  ADNOC, XRG and Mitsui sign strategic collaboration across the energy value chain

  Framework to explore LNG, crude, sulfur, shipping, chemicals and international investments, including lower‑carbon fuels and TA'ZIZ projects.
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  7 July 2026

  Axens and Egyptian Refining Company sign long-term collaboration agreement

  Long-term deal to deliver technologies, catalysts, equipment, services and digital solutions to improve refinery performance, asset value and sustainability.
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  7 July 2026

  Fluor secures long-term PMC LTA with Aramco

  Long-term PMC LTA covers pre-FEED through construction management for upstream, downstream, petrochemical and infrastructure projects, using local workforce and digital delivery.
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  7 July 2026

  ADNOC and INPEX sign 15-year SPA for Ruwais LNG

  Supply deal covers 1 mtpa from the 9.6 mtpa Ruwais plant, which starts commercial operations in 2028; project now >90% commercially committed and will run on clean power.
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  6 July 2026

  Michelin and Axens in exclusive talks to commercialize 5‑HMF

  Exclusive talks aim to industrialize 5‑HMF, a bio‑based platform for resins, polymers and PEF; first ~3,000 t/yr plant scheduled to start up early 2027.
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  6 July 2026

  Eni takes 25% stake in EnergyX’s Black Giant lithium project in Chile

  $225m phased investment for a DLE lithium project with closed‑loop brine reinjection; 52.5 kton/y LCE target, staged start‑ups in 2028 and 2030 and up to 25% offtake option.