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Project Updates and Milestones news
(page 6)
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.
27 July 2026
argenx to acquire Forte Biosciences, adding anti‑CD122 candidate FB102
FB102 shows Phase 1b proof in vitiligo and celiac; Phase 2 in celiac expected H2 2026. Acquisition executed as $77/share cash tender offer; close targeted Q3 2026.
27 July 2026
Shengli Jiyang completes China's first continental rift lake basin shale‑oil demonstration area
New three‑dimensional development model delivered two 100Mt fields, added 327Mt proven reserves, cut 6,000m well drilling to 17 days, raised single‑well output and reduced energy use.
26 July 2026
BASF starts global registration for Replexor Active (fendioxypyracil)
Novel PPO herbicide targets broadleaf weeds and key annual grasses; dossiers filed in Brazil and Australia with US and Argentina filings planned next year and market entry aimed ~2030.
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24 July 2026
Roche’s Susvimo recommended by CHMP for nAMD
First continuous‑delivery ranibizumab implant for nAMD receives CHMP backing; designed to maintain vision with as few as two refills per year versus monthly injections.
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
Petrobras P-33 heads from Açu Port to Rio Grande for sustainable recycling
Platform sold to Gerdau and Grupo Ecovix will be recycled at Rio Grande under a sustainable dismantling plan; it left Açu Port after being docked since Feb 2024.
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.
23 July 2026
Teijin and FUJIFILM Business Innovation achieve closed-loop recycling for multifunction-printer exterior parts
An 80% recycled polycarbonate alloy resin is used to make remanufactured printer front covers with restored physical properties and white-color matching.
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
Genmab and AbbVie clarify EPCORE DLBCL-1 US primary endpoint not met
The trial's sole U.S. primary endpoint—overall survival—did not reach statistical significance; additional results will be submitted for peer review.
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
Johnson & Johnson: TECVAYLI + TALVEY reduce progression risk 89% and death risk 62% in earlier-line RRMM
Phase 3 MonumenTAL-6 shows BCMA+GPRC5D bispecific combo and talquetamab+pomalidomide both significantly improved PFS versus investigator’s choice in patients with 1–4 prior lines.
23 July 2026
Lilly's retatrutide shows large weight and A1C reductions in Phase 3 TRIUMPH‑2 and TRIUMPH‑3
First‑in‑class triple agonist delivered large 80‑week weight losses and meaningful A1C and cardiometabolic improvements in difficult‑to‑treat obesity populations.
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
Uniper appoints Worley as preferred EPC for Connah’s Quay low-carbon power project
Preferred EPC chosen for proposed Deeside low‑carbon power plant fitted with carbon capture, targeting at least 95% CO2 removal and connection to regional CO2 transport.
23 July 2026
eM‑Rhône chosen under France low‑carbon hydrogen support mechanism
Selected under France’s national support scheme for low‑carbon hydrogen production, a development framed as a milestone toward delivery.
23 July 2026
KMG‑Aero, KazFoodProducts and KBR advance Kazakhstan SAF project
Two trilateral agreements set out a Process Design Package and a PURESAF ATJ licence to produce SAF from alcohol-based agricultural feedstocks.
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
GSK's Jideytro (zidesamtinib) approved in US for ROS1‑positive NSCLC
FDA clears zidesamtinib for adults with advanced ROS1‑positive NSCLC after prior ROS1 inhibitor; ARROS‑1 showed 44% ORR and durable responses, including in brain metastases.
22 July 2026
Takeda’s ORZEYFUL (oveporexton) approved in China as first OX2R agonist for narcolepsy type 1
China approves first oral OX2R-selective orexin agonist for narcolepsy type 1 for patients 16 and older; Phase 3 trials reported improvements in sleepiness and cataplexy.
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
Petrogas selects Worley for Abeona CCS pre‑FEED
Pre‑FEED will refine concept and cost estimates for a Dutch North Sea CCS network, potentially reusing a Port of Amsterdam pipeline to inject CO2 into depleted offshore reservoirs.
22 July 2026
Eni and KazMunayGas: first electricity from 120 MW gas unit at Mangystau hybrid plant
First industrial electricity from the 120 MW gas unit at the 247 MW Mangystau hybrid plant; integrates solar, gas and planned wind to decarbonize regional supply.
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