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Mergers, Acquisitions, and Partnerships news
(page 9)
28 April 2026
Plastic Ingenuity adopts PureCycle PureFive recycled PP for coffee lids
Coffee lids now use 25-100% recycled polypropylene from a dissolution process; material retains virgin-like performance, has FDA food-contact clearance and GreenCircle certification.
28 April 2026
GSK: FDA grants priority review and Breakthrough Therapy for bepirovirsen
Phase III B-Well trials showed significantly higher functional cure rates and acceptable safety in chronic hepatitis B; drug is an antisense oligonucleotide; PDUFA date 26 Oct 2026
28 April 2026
UPM joint venture with Sappi enters EU Phase II merger review
EC opened Phase II on 28 Apr 2026. The proposed graphic-paper JV needs approvals in other jurisdictions; parties are cooperating and say the deal strengthens European supply resilience.
28 April 2026
MAIRE's Nextchem awarded NX CONSER C5+ license and process design for TMA plant in China
Licensed process design and technical services for a continuous Trimellitic Anhydride (TMA) plant in China, cuts power, steam and water use; two-phase rollout, optional proprietary equipment.
28 April 2026
Brenntag to distribute Nouryon Bermocoll cellulose ethers in Brazil
Agreement expands distribution into Brazil for coatings and inks, offering tailored viscosity control, technical support and logistics to strengthen supply and coatings performance.
28 April 2026
BASF and Nutrien partner to expand farmer access to low‑carbon biofuel markets
Farmers get agronomist support and digital tools to document low-carbon-intensity corn, connect with biorefineries, and access low-CI biofuel programs (e.g., Section 45Z).
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28 April 2026
REMONDIS: Closing the Textile Loop
Joint initiatives improve textile collection, sorting and recycling; mechanical and chemical recycling needed for mixed fibres. EPR funding and eco-modulation to fund infrastructure and boost reuse.
28 April 2026
Air Liquide Q1 2026: growth and record investments
Q1 sales €6.8B (+3.4% ex-currency/energy). Gas & Services +2%; Healthcare +4%. Efficiencies €142M; operating cash flow +7%. Investments €1.5B, backlog €5.5B; DIG Airgas closed; +100bps margin target 2026.
28 April 2026
MAIRE’s Nextchem wins TMA licensing, process design and technical services contract in China with NX CONSER C5+
Continuous TMA production tech delivers power, steam and water savings. TMA feeds PVC plasticizers, coatings and polyester resins. Project in two phases with optional proprietary equipment supply.
28 April 2026
bp Q1 2026 results
Q1: upstream and downstream reliability rose; underlying RC profit $3.2B; operating cash flow $2.9B after $6.0B working-cap build; net debt $25.3B; Gelsenkirchen sale agreed.
28 April 2026
dsm-firmenich sells Action Pin to AP Marensin
Announced Apr 28, 2026: sale of Action Pin (Castets, France), 110 employees, ~€50M sales in 2025; transaction pending regulatory approvals; financial terms undisclosed.
27 April 2026
Johnson Matthey chosen by Liquid Sunshine for Guangxi biomethanol plant
Planned biomethanol plant will use biomass gasification to produce 75,000 t/yr in phase 1; phase 2 could convert CO2 + electrolytic H2 to e‑methanol for e‑fuels, aiding marine decarbonisation.
27 April 2026
Evonik to supply SEPURAN® Green membranes to Malaysia’s MTC Orec
Signed large-scale deal to supply membrane tech for biogas upgrading; supports expansion of biogas plants across Asia. Membranes enable low-energy LNG-quality biomethane; patented, customizable.
27 April 2026
Shell to acquire ARC Resources
Deal adds 370 kboe/d, lifts production CAGR to 4% to 2030, boosts low‑cost Montney liquids and gas, ~US$16.4bn enterprise value, accretive to FCF/share from 2027; closes H2 2026
27 April 2026
Brenntag Specialties to distribute Shinehigh supramolecular actives
Exclusive global (ex-Russia) distribution for supramolecular actives in beauty & personal care across Europe, Americas, India and Vietnam; offers deeper penetration and validated efficacy
27 April 2026
Lilly to acquire Ajax Therapeutics for AJ1‑11095, a first‑in‑class Type II JAK2 inhibitor
Lead program in Phase 1; POC data due late 2026. Designed to deliver deeper, more durable responses than current Type I JAK2 therapies. Deal may pay up to $2.3B, subject to closing.
27 April 2026
Evonik and Higuchi open joint lab in Yokohama
New Yokohama lab gives local formulators hands-on access to EUDRAGIT polymers, formulation support and technical services to speed oral drug development and boost regional innovation.
27 April 2026
Dow and RDM Group launch Multiboard CirculaRR — food-contact packaging from 100% recycled fibre and recycled PE
Plastic-coated paper packaging made from recycled cartonboard and ISCC PLUS-certified recycled PE. Food-contact compliant, designed for mixed-paper recycling; suitable for frozen and dry pet food
27 April 2026
Galp Q1 2026 Results
Strong Q1 with €943m RCA EBITDA, Upstream €685m; net income €272m; OCF €713m; FCF €47m; net debt stable at €1.3bn; Namibia exploration & Moeve merger progressing.
27 April 2026
Veolia and Amazon to Use Reclaimed Water for Data Center Cooling
Deploy containerized treatment to convert wastewater into cooling water for a Mississippi data center by 2027, reusing >83M gal/year; AI will optimize operations and scaling.
27 April 2026
Sinopec Debuts New Materials at China Plastics & Rubber Expo
At the Shanghai expo, the exhibitor presented five themed zones, 25 sub-industry solutions, 150+ new polymer materials and an online e-trade zone, and signed a strategic packaging collaboration
24 April 2026
Johnson & Johnson to acquire Atraverse Medical
Agreement to acquire a private med-device firm specializing in RF transseptal left-heart access; HOTWIRE RF guidewire (FDA-cleared) used in ≈3,000 procedures; expected close Q2 2026; terms undisclosed
24 April 2026
Iberdrola sells Mexico business
Mexico business sale completed: 2,600 MW (1,368 MW gas/cogeneration; 1,232 MW wind/solar), plus commercial ops and development projects; aligns with strategy to focus on contracted generation.
24 April 2026
Mitsui Chemicals, Idemitsu Kosan and Sumitomo Chemical cleared by JFTC for Sumitomo’s PP and LLDPE integration into Prime Polymer
MOU (Sept 2025) and definitive agreement (Dec 2025) formalize PP/LLDPE business integration; overseas antitrust reviews are ongoing and the deal will close after their clearance.
24 April 2026
TotalEnergies greenlights Mirny 1 GW wind and 600 MWh BESS in Kazakhstan
FID taken and financing secured for Kazakhstan wind+BESS project; $1.2B investment (75% external). 25‑yr PPA; ~100 TWh over 25 yrs to power ~1M people. Partners: 60/20/20; Saft supplies BESS.
24 April 2026
PETRONAS Strengthens OGSE Resilience and Competitiveness at Partners Day
OGSE Partners Day convened 800+ stakeholders to advance resilience, tech adoption, talent and finance. Launched sustainable vendor financing MoU with major banks to support green transition.
24 April 2026
Kemira Q1 2026: Revenue and Profitability Down; Performance Actions Accelerated
Q1 revenue and margins fell due to weak demand, pricing and FX; volumes stable. Operative EBITDA down; operating cash flow improved. Outlook unchanged; cost and pricing measures accelerated.
24 April 2026
Eni Q1 2026 results: raises share buyback to €2.8bn
Q1: E&P +9% to 1.8 mln boe/d; ~1bn boe discovered; FY CFFO raised to €13.8bn; Plenitude demerger, Acea adds clients to reach 11m; Enilive FIDs two biorefineries; proforma gearing 15%
23 April 2026
Reliance Enterprise Intelligence names Parminder Singh CEO
Asia‑Pacific tech leader to head a JV that combines Meta AI with Reliance’s compute, enterprise reach and Jio connectivity to scale sovereign enterprise AI in India.
23 April 2026
Chevron Lummus Global & ART‑Envi: Enclosed ECHO coke‑handling system
Exclusive enclosed coke‑handling solution combines delayed‑coking tech with ECHO system to eliminate open pits, cut dust/odors/spillage, prevent evaporative water loss, and fit tight plots
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