Project Updates and Milestones news (page 5)

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  5 June 2026

  Honeywell sets June timetable for Aerospace spin-off and 1-for-2 reverse split

  Record date June 15; distribution expected June 29 with one new share per two held; new Nasdaq ticker for Aerospace; concurrent 1-for-2 reverse split reduces outstanding and authorized shares.
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  5 June 2026

  Eni awarded exploration Block A1 offshore The Gambia

  Petroleum Exploration Development and Production License signed for a 1,300 km² deepwater block (1,250–3,300 m) on an Atlantic margin with proven hydrocarbon discoveries.
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  5 June 2026

  Clariant expands Daya Bay capacity and extends Exolit™ OP range for e-mobility

  CHF 100 million Daya Bay expansion with second line operational in November; new halogen-free PBT Exolit OP grades for 800V+ e-mobility; ATO-free options and AP 422 A (melamine <0.1%).
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  5 June 2026

  WuXi Biologics completes topping‑out of modular drug‑product facility at Singapore CRDMO Hub

  Modular DP facility in Tuas topped out; 30,000 sqm, adds 120,000 L capacity and targets ~100 million PFS/vial units per year with operations slated for 2027.
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  4 June 2026

  LBC Vlissingen’s Green Energy Hub plans for ammonia, hydrogen and CO₂

  Plans for a Green Energy Hub at Sloehaven to import and store green ammonia, convert ammonia to hydrogen, and provide CO₂ storage; integration with regional infrastructure.
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  4 June 2026

  Sasol invests €60 million to expand Brunsbüttel advanced alumina and specialty materials

  €60m project to debottleneck alumina assets for spherical, high‑purity applications; approvals secured and start-up targeted around 2029.

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  4 June 2026

  Hydrogen value chain forming in North Sea Canal Area

  Import terminals, LOHC and electrolysers advance; pipeline and local distribution are planned, but policy, financing and coordination still limit rollout.
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  4 June 2026

  PPG, IPG Photonics and Whirlpool win 2026 IRI Open Innovation Award for laser curing

  Developed a laser curing platform to replace thermal ovens in powder coating lines, cutting energy use and increasing line speed while working with conventional and laser‑activated powders.
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  4 June 2026

  European Energy Exchange appointed EU ETS common auction platform from 2027

  EU selects fourth common auction platform for its emissions trading system; auctions begin 2027 and ETS2 auctioning starts January 2027 while ETS2 operations start in 2028.
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  4 June 2026

  LanzaTech JV IPO Raises ~$75M, Signals Secure Fuel‑Supply Potential

  IPO of 40M H‑shares in Hong Kong raised ~$75M and implied ~US$750M market cap; JV reports annual revenue of roughly $77–87M and targets waste‑derived ethanol‑to‑SAF.
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  4 June 2026

  Caleyda: food‑grade approval process begins

  EFRO-funded plesTic Ready backs an exploration of food-grade certification for mixed-culture PHA from organic residual streams with value‑chain partners.
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  4 June 2026

  Avantium and MEP Baljeu host EU dialogue on reindustrialising through sustainable chemistry

  Parliament event on 24 June 2026 will examine whether bio‑based and circular carbon can underpin European chemical competitiveness and cut fossil feedstock reliance.
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  4 June 2026

  PETRONAS MoU with regional partners to advance offshore IOR/EOR

  Regional E&P operators and UTP will jointly evaluate fit‑for‑purpose IOR/EOR studies for offshore fields, supported by laboratory testing and potential pilot projects.
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  4 June 2026

  Vitol invests in Delfin FLNG 1 offshore US project

  First US offshore FLNG with 4.4 Mtpa nameplate capacity, 1.4 Mtpa offtake secured; FID taken and production expected in 2030; project cost ~US$5bn.
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  4 June 2026

  MAIRE/Tecnimont wins USD 900m add-on for onshore oil & gas project

  USD 900 million additional scope added to a prior onshore oil & gas contract to optimise existing facilities; further details pending completion of formalities.
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  3 June 2026

  Toray and T2 commercialize autonomous petrochemical trucking

  Commercial autonomous trucking begins on east–west expressways, moving ABS resin with Level 2 trucks using renewable diesel/B5; partners plan Level 4 long‑haul rollout from 2027.
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  3 June 2026

  Siemens and HighByte: HighByte Intelligence Hub added to Industrial Edge

  Native Industrial Edge app to unify OT and IT data, contextualize and pipeline datasets for AI model training and secure setpoint control via Intelligence Center X.
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  3 June 2026

  Air Liquide: nearly €200m investment to supply SK hynix's P&T7 in Cheongju

  Long-term contract to build and operate a nitrogen unit supplying high-purity gases and compressed air to an HBM packaging and testing fab; operations due late 2027.
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  3 June 2026

  Johnson & Johnson: nipocalimab lowers SLE disease activity in Phase 2 JASMINE study

  Phase 2 data show FcRn blocker nipocalimab reduced SLE activity versus placebo, with larger benefit in autoantibody‑positive patients and no new safety signals.
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  3 June 2026

  MOL Group starts first gas production at ACG field

  First commercial gas from non-associated reservoirs beneath and above existing oil layers; initial well drilled from West Chirag; up to 4 Tcf estimated; gas to Sangachal via existing infrastructure.
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  3 June 2026

  UBE MAXELL expands Li-ion separator capacity at Sakai Works

  New Sakai Works facility will boost separator base‑film output ~50% with phase‑one in FY2026 and phase‑two in FY2029; complements a facility due in fall 2026 to serve automotive and ESS demand.
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  3 June 2026

  Coolbrook appoints Veli‑Matti Mattila as Chairman to support industrial scale‑up

  Brings decades of international technology and board leadership to support commercial deployment and industrial execution.
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  3 June 2026

  AkzoNobel: Nippon Paint and Sherwin‑Williams withdraw public offer

  Two bidders have confirmed they will not pursue a public takeover; the company’s boards still back a planned merger of equals with Axalta.
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  3 June 2026

  argenx: Efgartigimod shows sustained myositis benefit, maintained response in Sjogren’s with consistent safety

  ALKIVIA+ 52‑week data show sustained Total Improvement Score gains; RHO+ shows maintained response after switch to biweekly dosing; safety consistent across indications.
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  3 June 2026

  Mitsui Chemicals to expand MR™ high-refractive-index lens material capacity at Omuta Works

  New plant at Omuta Works to raise supply of MR™ high‑refractive‑index ophthalmic lens material, with commercial operations set for first half of 2029.
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  3 June 2026

  Sinopec mass-produces T1000 12K small‑tow carbon fiber

  First mass-produced wet-process T1000 12K small‑tow carbon fiber with single-tow strength >6.5 GPa and modulus >300 GPa, aimed at aerospace and other high-end uses.
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  2 June 2026

  Aptar named CDP Supplier Engagement Leader for sixth consecutive year

  Received an ‘A’ on CDP’s Supplier Engagement Assessment for supplier work to cut Scope 3 emissions—especially from purchased raw materials such as plastics.
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  2 June 2026

  Iberdrola connects 166 MWdc Tower Solar plant in Oregon

  The new solar plant will feed the PGE grid to meet rising demand from large customers and support QTS data‑centre operations; commercial operation expected this summer.
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  2 June 2026

  QEMETICA sells salt assets to K+S and launches Resource Recovery unit

  Divests evaporated salt business for €350–€380m to fund a new Resource Recovery segment focused on waste-to-energy and energy security.
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  2 June 2026

  Evonik opens Asia Beauty Science & Innovation Center in Shanghai

  First integrated beauty R&D hub in Asia, combining biotech-led ingredient development, formulation, testing and a customer experience space to support brands across China and Asia.