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Project Updates and Milestones news
(page 3)
10 August 2026
Covestro joins KOLLEKT to develop fully recyclable automotive lighting
Three-year, €4.371m consortium will design headlamps for circularity using recyclable polycarbonates, AI-driven robotic dismantling and digital twins to enable industrial-scale plastics recycling.
10 August 2026
PTT Global Chemical strengthens petrochemicals, accelerates Specialty and Green & Bio; positions Map Ta Phut as APAC growth base
Reinforces integrated petrochemical core, starts ethane imports in 2029, shifts toward higher‑value Specialty and Green & Bio, and expands Map Ta Phut as a regional hub.
10 August 2026
MAIRE/Tecnimont to deliver USD 4.3bn Ruwais NGL expansion (RGD Phase 3)
EPC for fifth NGL fractionation unit, sweetening and storage at Ruwais; 23,000 t/d (~8 Mtpa) output; completion scheduled for 2030.
9 August 2026
CATL aviation battery passes adjacent-cell thermal-runaway test
350 Wh/kg prismatic-cell pack prevented thermal propagation across adjacent cells; CAAC witnessed testing; battery ready for mass production and slated for AutoFlight eVTOLs.
7 August 2026
Saipem (SMDC) signs LOI for Rovuma LNG Phase 1 onshore midstream
LOI covers $32M for preliminary engineering and procurement to advance project definition; final EPC award depends on FID and government/regulatory approvals expected in 2026.
7 August 2026
MOL Group Q2 2026 results
Q2 profit USD 786m; strong oil and gas prices plus higher refining and petrochemical margins offset fuel price caps and operational outages.
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7 August 2026
Viva Energy and Nestlé use recycled polypropylene for KitKat wrappers
Proof-of-concept converts soft-plastics pyrolysis oil into food-grade polypropylene for a limited KitKat wrapper run, with full processing completed in Victoria.
7 August 2026
Hou Qijun surveys Shengli Oilfield operations and innovation
Three-day inspection of platforms, geological R&D, shale well factory, smart energy and geothermal demo; stresses tech-management integration, safety, green energy and employee welfare.
7 August 2026
POSCO AIR SOLUTION secures AS9100D for aerospace-grade xenon and krypton
First Asian producer certified AS9100D for aerospace-grade xenon and krypton; begins full-scale supply from a 130,000 Nm³/yr plant after KARI-validated performance.
7 August 2026
VolagHy awarded EIB-backed Project Development Assistance
First large-scale efuel project in Finland selected for EU Innovation Fund PDA with EIB Advisory to strengthen technical and financial structuring and speed investment readiness.
7 August 2026
FY2026 1Q consolidated results
Q1 sales and profits rose on higher methanol and polycarbonate prices, inventory gains and yen weakness; full-year guidance lifted and dividend increased, but methanol-price risk remains.
6 August 2026
GRILLO leads ZACK zinc‑ion battery project
Three-year project to develop water-based acidic zinc‑ion batteries from sustainable raw materials as a low-cost stationary alternative to lithium‑ion.
6 August 2026
Happy Cups makes first cup from Caleyda® (Paques Biomaterials)
Reusable festival cup moulded from locally produced PHA (Caleyda) for the first time; material validated for processing and food-contact approval preparations underway.
6 August 2026
Trinseo Q2 2026 financial results
Net loss $120M; adjusted EBITDA $81M; free cash flow negative $125M; advancing DIP-backed debt restructuring and restarted Americas Styrenics sale.
6 August 2026
PureCycle Technologies Q2 2026 results and commercial ramp
Revenue $4.5M; first P&G resin deliveries; PureFive approved as post‑consumer recycled content in New Jersey; Ironton compounding online; liquidity $236.9M.
6 August 2026
Merck seeks FDA sBLA to extend ENFLONSIA protection for high‑risk under‑2s through second RSV season
FDA accepted an sBLA to add children under two at increased risk for severe RSV for a second-season dose; PDUFA Mar 22, 2027; EMA accepted a parallel filing.
6 August 2026
Petrobras posts R$52.4bn Q2 2026 profit
Quarterly results bolstered by record own oil output, above-100% refinery utilization and higher derivative production, supporting cash generation and lower imports.
6 August 2026
Infinium and American Airlines deliver eSAF on commercial passenger flight
First delivery of electro‑SAF made from waste CO₂ and renewable electricity allocated to a commercial passenger flight; fuel was blended and tested to meet ASTM JetA.
6 August 2026
ORLEN Group posts record Q2 2026 profits and PLN 14.7bn H1 capex
Q2 results: revenue PLN 76.5bn, LIFO EBITDA PLN 13.9bn, net profit PLN 7.7bn; record foreign retail profits and H1 capital expenditure PLN 14.7bn.
6 August 2026
China Sinopec — Continental Shale Oil project mid‑year coordination meeting
Leadership reviewed progress and set targets to scale shale oil via sci‑tech industry finance innovation, tech breakthroughs and strengthened talent and integration mechanisms.
6 August 2026
Aurubis raises full‑year outlook after stronger Q3 and major project progress
Group EBT and ROCE improved; Q3 outperformed prior quarters; large recycling plant started and ~90% of €1.7bn investment programme completed.
6 August 2026
Worley wins engineering contract for USSM multi‑metallic processing hub
Engineering, procurement and construction support for a cobalt refinery and black‑mass line to convert cobalt hydroxide and battery black mass into critical metals.
5 August 2026
thyssenkrupp Rasselstein agrees 20-year PPA for 8 MW on-site PV with VSB (TotalEnergies)
On-site PV to deliver ~8 GWh/year from mid-2027, supplied under a 20-year PPA to cut the plant’s carbon footprint and hedge part of its power needs.
5 August 2026
Sasol commissions Envision for Sasolburg green hydrogen design study
Study to assess integration of renewables, storage and electrolysers for green hydrogen to supply eMethanol and potential eSAF; design phase completes later this year.
5 August 2026
Eli Lilly Q2 2026 results: revenue +48%, raises guidance; retatrutide package complete
Revenue rose 48% to $23.0bn driven by Mounjaro and Zepbound; updated 2026 revenue guidance to $85–87bn; retatrutide Phase 3 package complete supporting a Q1 2027 BLA.
5 August 2026
DuPont FilmTec Fortilife XC220 wins Sustainability Product of the Year
High-pressure reverse osmosis element reaches 220 g/L NaCl to push membrane treatment into ZLD/MLD, enabling higher water recovery, reduced liquid waste and selective salt recovery.
5 August 2026
AkzoNobel: shareholders approve all-share merger with Axalta
Shareholders approved the all-share merger and related governance changes; completion depends on regulatory clearance and is expected end‑2026/early‑2027.
5 August 2026
ORLEN opens Marine Transshipment Terminal in Gdańsk
New terminal enables direct tanker loading/unloading at the Gdańsk refinery; capacity up to ~1.8–2.0 Mt/yr, first-year ~0.5 Mt and ~100 vessels; cost nearly PLN 500 million.
4 August 2026
POSCO DX becomes AI Native, advancing Physical AI and Agentic AI
Rolling out Physical AI for heavy equipment and robotisation while launching Agentee to run AI-agent lifecycles; 200+ agents live and targeted 30% accounting productivity gain.
4 August 2026
Dow and Adient launch SPECFLEX™ REN seating foam with ISCC PLUS bio‑circular attribution
Polyurethane seating foam available with ISCC PLUS bio‑circular feedstocks via mass‑balance attribution, claiming comparable performance and lower product carbon footprint for automotive seating.
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