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Operational Changes and Investments news
(page 5)
28 July 2026
Eni FID for Cronos gas development off Cyprus
Final Investment Decision for Cronos targets first Cypriot gas in 2028; field holds >3 Tcf GIIP and will route gas via Egypt’s Zohr and Damietta for LNG exports.
28 July 2026
Volkswagen fits ID. Buzz spoilers with PLEXIGLAS® (Röhm) Piano Black mold‑in‑color PMMA
Mold‑in‑color PMMA removes coating, cutting VOCs, energy and water use; delivers Class A glossy, UV‑ and chemical‑resistant exterior parts produced with 2C injection‑compression.
28 July 2026
Croda H1 2026 results: £880.5m sales and margin progress from transformation
Group organic sales +4.6% in H1; adjusted operating profit £155.8m; free cash flow up 36.8%; FY26 guidance unchanged with 3–6% organic range.
28 July 2026
Air Liquide H1 2026: near €14bn revenue with Q2 acceleration
Second-quarter comparable growth accelerated; operating margin, recurring profit and cash flow improved while record investments and the DIG Airgas deal closed.
28 July 2026
TotalEnergies approves development of Cronos gas field in Cyprus
Cyprus' first gas field will send about 2.8 Mtpa LNG to Europe via Egypt's Damietta terminal; start-up expected 2028 and half the output will be marketed to Europe.
28 July 2026
AGC Biologics secures long-term manufacturing partnership with leading global biopharma
Deal covers commercial manufacturing of multiple biopharmaceuticals using new Yokohama site; revenue expected at several tens of billions of yen; GMP services targeted for 2027.
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27 July 2026
Saipem H1 2026 results
H1 revenue and margins improved; adjusted EBITDA €836m; strong order intake; guidance adjusted for extra Middle East costs while cash generation remains robust.
27 July 2026
Ercros secures €20M ICF loan to decarbonise Tarragona Industrial Complex
Public EcoVerda financing will fund electric boiler, biomass steam, waste-heat recovery and hydrogen optimisation to cut the complex's CO₂ emissions by 56%.
27 July 2026
Galp 2Q26 results and guidance update
Strong cash generation and higher earnings supported a proposed 10% dividend rise to €0.70/share; Bacalhau ramp-up and a €318m renewables purchase shaped the quarter.
27 July 2026
Saipem awarded ~€800m Eni contracts for Ivory Coast offshore and Venice biorefinery
Two awards cover Baleine Phase 3 offshore pipelines and subsea systems, and an EPC deoxygenation unit at the Venice biorefinery to boost HVO output.
24 July 2026
Atyrau Refinery completes preventive maintenance and returns to operation
Refinery resumed operations after PM; now processing 16.2 Kt/d and has shipped gasoline, diesel and LPG while major inspections, catalyst renewals and VDU work were completed.
24 July 2026
Merck outlines LMIC access plans for alimatravir with 129‑country voluntary licenses
Early, multi-faceted plan includes seven royalty‑free licenses covering 129 LMICs, regional manufacturing support in Africa and Latin America, and early manufacturing investment to speed availability.
24 July 2026
Catalyxx to build €120M renewable chemicals plant at ZILS, Sines
First commercial facility will convert bioethanol into butanol, hexanol and octanol, offering low‑carbon alternatives to petrochemical products.
24 July 2026
Neste Q2 2026: record renewable margins lift EBITDA
Record quarterly EBITDA driven by USD 1,223/t renewable sales margin and strong middle‑distillate refining cracks; H2 includes three planned turnarounds and ~€1.2bn capex.
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
Aurora Renewable Carbon secures financing to restart Empyro plant
Empyro will resume pyrolysis oil production from woody biomass residues this summer and add an upgrading unit to produce lignin- and sugar-based chemical feedstocks.
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
BioBTX starts construction of PETRA circular aromatics plant
First commercial plant directly converting mixed plastic waste into 10,000 t/yr BTX plus 8,000 t by-products; construction begins early 2027, start-up mid‑2028.
23 July 2026
Dow Q2 2026 results: $12.1B sales, operating EBIT $1.65B
Operating EPS $1.44 and GAAP EPS $0.99; cash from operations $1.3B; self‑help benefits raised by ~$200M to >$1.3B; polyethylene-led price gains offset by lower volumes and maintenance.
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.
23 July 2026
EIB study: Europe must boost mineral exploration tenfold to meet CRMA goals
Study finds Europe needs a step-change in exploration spending and permitting reform to convert geological potential into domestic critical raw materials supply.
23 July 2026
EnviTec installs EnviThan upgrader and expands Timphaus biogas plant in Lohne
Farm to add 561 Nm³/h biomethane upgrader with first feed-in expected in October; plant expansion permits more manure and slurry input and flexible electricity generation.
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
Timphaus farm adds EnviTec EnviThan biomethane upgrader in Lohne
Family farm expands biogas plant to produce biomethane; construction began in January with grid injection planned for October.
22 July 2026
Moeve and ArcelorMittal sign Spain’s largest CAE deal for 2.1 TWh/year
Secures 2.1 TWh/year energy savings, enabling a new electric arc furnace in Gijón and up to 1 million tCO2e emissions reduction; savings equal >5% of Asturias’ final energy use.
22 July 2026
Saipem wins $260m offshore drilling contract for Côte d’Ivoire
Drillship Santorini set for long-term development drilling with firm commitment, optional extensions and possible work in neighbouring countries; operations start early 2027.
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.
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