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Project Updates and Milestones news
(page 36)
28 March 2026
Takeda’s Zasocitinib: Once‑daily pill achieves rapid, durable clearance in plaque psoriasis
Phase 3: ~70% reached sPGA 0/1 at week 16; PASI90 up to 61%, PASI100 up to 33%. Responses rose through week 24 and >90% of responders maintained effect to week 60. Safety consistent with prior studies
28 March 2026
Johnson & Johnson STEMI-DTU RCT: LV unloading with delayed reperfusion does not increase infarct size
Neutral trial. 30‑min Impella improved pre‑PCI TIMI flow. Age 61+ trended smaller infarcts. More bleeding/vascular events but no higher 12‑month mortality. Elevated lactate predicted larger infarcts.
28 March 2026
Johnson & Johnson: ICOTYDE (icotrokinra) 52‑week data show sustained skin clearance and favorable safety
ICONIC Phase 3: PASI100 rose to 49%/48% (ADVANCE 1/2) by Week52; placebo switchers matched. Adolescents: 57% PASI100, 86% PASI90 at 52w. No new safety signals; fewer AEs vs deucravacitinib.
28 March 2026
Lilly: Taltz + Zepbound superior to Taltz alone in psoriatic arthritis with obesity
Phase 3b TOGETHER‑PsA: combination therapy improved ACR50, MDA, fatigue, function, QoL and cardiometabolic markers; 36‑week primary endpoint met (ACR50+≥10% weight loss 31.7% vs 0.8%).
27 March 2026
EMA recommends Amgen’s Imdylltra for relapsed extensive‑stage SCLC
EMA backs EU approval for a bispecific T‑cell engager for relapsed extensive‑stage SCLC post‑platinum; phase 3: OS 13.6 vs 8.3 months. Main risks: CRS, ICANS
27 March 2026
Sasol — Middle East developments and business impact
Middle East conflict disrupted gas supply - ORYX GTL shut; ~60 staff safe. Fuel and chemicals impacted; Secunda/Natref secure inventories and alternative crude; contingencies active.
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27 March 2026
Lilly's EBGLYSS: durable 4‑year control in moderate‑to‑severe atopic dermatitis
Up to four years of monthly maintenance produced durable skin clearance (EASI‑75 94%, EASI‑90 75%, IGA 0/1 68%), itch relief (Pruritus NRS≤4: 78%), 80% without topical steroids; safety consistent.
27 March 2026
Rompetrol Rafinare completes Petromidia and Vega turnarounds
Mechanical works finished; refineries return to staged full capacity after 700+ maintenance jobs, 6 catalyst swaps, ~900 equipment checks and ~1,200 pipeline tests; authorizations recertified.
27 March 2026
Iberdrola/ScottishPower advances 960 MW East Anglia TWO offshore wind project
€4.5bn project progressing; offshore substation foundations in production; visited by UK Energy Secretary. Will power nearly 1 million homes and support skilled jobs.
27 March 2026
LKAB cuts Kiruna production
Changing rock conditions force temporary shutdown of pellet plant KK3 Apr–Nov, cutting ~2 Mt deliveries in 2026. No layoffs; plant gets maintenance; other mine areas assessed; restart aimed 2027.
27 March 2026
RWE approved for Nordseecluster B offshore wind farm
Planning approval granted for Nordseecluster B, adding 900 MW to reach 1.6 GW (660 MW A under construction). Full output ~6.5 TWh/yr; B due early 2029; 110 MW PPA with Amazon.
27 March 2026
GSK bepirovirsen accepted for EMA review for chronic hepatitis B
EMA accepted bepirovirsen MAA for chronic hepatitis B after Phase III B‑Well 1/2 showed higher functional cure rates vs standard of care; safety profile acceptable.
27 March 2026
Avangrid completes 250,000-panel Tower Solar installation in Oregon
120 MWac plant due online this year; panels built by SEG Solar in Houston. Will feed PGE grid and support a QTS data center; construction created 200+ local jobs and ~$20M economic benefit.
26 March 2026
ADNOC and OMV appoint executive team for Borouge Group International AG
Roger Kearns, Dr. Stefan Doboczky and Dr. Hasan Karam to lead; interim CFO until May 2026; supervisory board set; deal on track to close by end‑March 2026, forming a global polyolefins leader
26 March 2026
FDA approves Novo Nordisk Awiqli, first once-weekly basal insulin for adults with type 2 diabetes
ONWARDS trials (~2,680 pts) showed A1C reductions vs daily basal; safety aligned with class. Key risks: hypoglycemia, injection-site reactions, weight gain. US launch pending
26 March 2026
Novo Nordisk gains US approval for Awiqli, first once‑weekly basal insulin for adults with type 2 diabetes
ONWARDS phase‑3 (~2,680 adults) showed HbA1c reductions vs daily basal insulin with similar safety. US launch planned H2 2026; also approved in EU and 13 other countries.
26 March 2026
Arkema builds recyclable speed board for Zephir record attempts
Eco-designed speed board uses recyclable liquid thermoplastic resin with recycled carbon fiber and matching foam, delivering thermoset-like performance, precision and full chemical recyclability.
26 March 2026
Petrobras discovers pre-salt oil in Campos Basin
3-BRSA-1397-RJS well at Marlim Sul, 113 km offshore, 1,178 m water depth; oil interval confirmed. Samples taken for lab analysis. Drilling completed safely to assess reservoir potential.
26 March 2026
Topsoe terminates supply agreements with First Ammonia
Partner missed key milestones despite extensions, triggering automatic termination. Company still has a 50 MW offtake in place and will complete an SOEC commercialization roadmap by end Q2 2026.
26 March 2026
Dow launches 525 kV ENDURANCE™ XLPE HVDC insulation system
Fully cross-linked XLPE HVDC insulation and semiconductive system, qualified for 525 kV and 90°C operation, enabling higher transmission capacity and simpler cable manufacturing.
26 March 2026
OMV and ADNOC appoint Borouge Group International AG executive team
Appointed CEO Roger Kearns, CCO Dr. Stefan Doboczky, COO Dr. Hasan Karam; interim CFO Daniel Turnheim until May 2026. Appointments precede planned combination and acquisition closing by Mar 2026.
26 March 2026
BASF opens world-scale Verbund site in Zhanjiang, China
World-scale integrated chemical site with 2,000 staff; basic, intermediate and specialty chemicals; 100% renewable power; 1 Mt/yr ethylene cracker with e-drive compressors; up to 50% lower CO2; €8.7bn
26 March 2026
Asahi Kasei stops Crystal IS UVC LED production, shifts to AlN substrates
Discontinues UVC LED device production; redirects resources to develop 100 mm single-crystal AlN substrates for RF and power semiconductors. Financial impact immaterial.
26 March 2026
KazMunayGas 2025 Financial Results
Revenue +12.5% to 9,371 bln KZT; EBITDA +19.6% to 2,393 bln; net profit down to 1,072 bln; net debt cut to 375 bln; production +10%; FCF +2.8%
25 March 2026
Toray develops size-controlled PMMA porous fibers to selectively remove pathogenic proteins
PMMA porous fibers with controllable pores (several nm to ~1,000 nm) selectively capture high-MW pathogenic substances (autoantibodies, lipoproteins, exosomes), enabling blood purification and biopharma
25 March 2026
Boliden: Seismic damage at Garpenberg cuts production to ~30%
Seismic activity eased; limited production restarts in Q2 at ~100 kt/month. Major damage in an ore body delays some mining into 2026. Q1 EBITDA impact -SEK400M; zinc grade slightly down.
25 March 2026
OCI Hands Over Beaumont New Ammonia to Woodside
Beaumont New Ammonia completed testing and was handed over to operator; $470M deferred payment received (20% of proceeds; net proceeds expected $242M in 2026). Project delivered after >6M man‑hours.
25 March 2026
Nouryon secures halal certification in China for personal care and cleaning ingredients
Chinese Boxing and Ningbo plants gained halal certification for fatty amines, quats and chelating agents, enabling wider access to halal personal-care and cleaning markets worldwide.
25 March 2026
PureCycle secures €40M Innovation Fund grant for Antwerp PP recycling plant
Will build a 59,000 t/yr PureFive® polypropylene recycling plant in Port of Antwerp-Bruges (ASTRA PP), using P&G dissolution tech; targets 85% GHG reduction and EU regulatory compliance
25 March 2026
Merck to acquire Terns Pharmaceuticals, adding TERN‑701 for CML
Acquirer to buy target biotech at $53/share (~$6.7B equity, ~$5.7B net). Lead oral allosteric BCR::ABL1 TKI showed week‑24 molecular responses in Phase1/2; expected Q2 2026.
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