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Project Updates and Milestones news
(page 9)
13 July 2026
OMV secures €450m EIB loan for 140 MW green hydrogen plant
Plant in Lower Austria will produce up to 23,000 t/yr of green hydrogen, start by end‑2027, supply Schwechat refinery and cut about 150,000 t CO2 annually.
13 July 2026
GSK’s Jemperli shows sustained clinical complete responses in dMMR/MSI‑H locally advanced rectal cancer
Interim phase II results met primary endpoint (cCR12); trial suggests some patients may avoid chemo, radiation and surgery. Data to be shared with regulators including for US accelerated review.
13 July 2026
Takeda and Indonesia to build national plasma ecosystem for PDMPs
Fractionation license granted; $30M pilot to open plasma donation centers and assess local PDMP manufacturing, first donation center expected 2027.
13 July 2026
Sinopec completes reorganization of China Aviation Oil into wholly‑owned subsidiary
Reorganization finalised; the aviation fuel business is now a wholly‑owned second‑level subsidiary, with integration to accelerate building a world‑class aviation energy supplier and deepen Party‑led governance.
11 July 2026
Sinopec completes reorganisation of China Aviation Oil
Reorganisation aims to strengthen aviation fuel supply security, accelerate SAF scale-up and integrate production-to-sales for greater international competitiveness.
11 July 2026
Novo Nordisk: denecimig (Mim8) shows positive long-term Phase 3 FRONTIER4 results in haemophilia A
Interim FRONTIER4 data show consistent safety and efficacy of denecimig across weekly, biweekly and monthly dosing, with low injection-site reactions and high zero-bleed rates.
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10 July 2026
Hansoh Pharma: Ris‑Rez (risvutatug rezetecan) ARTEMIS‑008 shows overall survival benefit in Chinese SCLC patients
Phase III trial met overall survival endpoint in advanced or relapsed small‑cell lung cancer in China, with consistent secondary benefits and no new safety signals.
10 July 2026
Nordic Ren-Gas and avanca/Alternoil sign €1bn renewable e‑methane offtake
Long-term €1bn offtake secures Tampere-produced e‑methane for heavy-duty transport via existing gas/LNG infrastructure across Europe.
10 July 2026
POSCO HOLDINGS expands into lithium and energy under 'Triple-core' portfolio
Triple-core portfolio to shore up supply chains; aims Global Top 5 lithium by 2033, KRW 16.7T investment in 2026–2028, and KRW 187T revenue by 2035.
10 July 2026
Elkem Q2 2026 results: cost reductions and balance‑sheet strengthening
EBITDA fell on weak silicon prices; raised NOK 1.8bn, refinanced EUR 1bn facility and obtained NOK 750m NIB loan; Elkem Iceland reclassified as discontinued.
10 July 2026
Sinopec wins three 2025 national science and technology awards
Three projects received national awards: a second‑prize Progress Award for a liquid‑holding particle fluidized bed ethylene polymerization process and two second‑prize Technology Invention Awards.
9 July 2026
Petrobras completes acquisition and operatorship of São Tomé and Príncipe Block 3
Consortium now set with operator at 75% and partners at 15% and 10%; move supports reserve replenishment through new-frontier exploration.
9 July 2026
OXEA FID for Bay City capacity expansion with Air Liquide syngas unit
Major Gulf Coast plant expansion will raise propionaldehyde output, enable propanol and butanol production, add syngas feedstock with CO₂ recirculation, and target completion by end‑2028.
9 July 2026
SONATRACH: Incident at Arzew refinery packaging unit
Early-morning incident in the finished-oils packaging unit at Arzew refinery was contained within two hours; no injuries and production and domestic supply remained unaffected.
9 July 2026
Air Liquide to invest $200M in Bay City POX unit for Oxea supply
High‑efficiency unit will produce syngas and low‑carbon hydrogen to feed oxo‑alcohols and performance chemicals expansion; CO2 recycling loop cuts net emissions ~64,000 t/yr; online early 2029.
9 July 2026
EnviTec Biogas opens first integrated biogas‑to‑biomethane plant in Estonia
Combined biogas and membrane upgrading plant produces ~600 Nm³/h biomethane from dairy slurry; digestate reused in agriculture and CNG refuelling supplies regional transport.
9 July 2026
Lilly to present 16 Alzheimer's abstracts at AAIC 2026, including Kisunla and P‑tau217 data
16 abstracts cover Kisunla long‑term extension safety/biomarker data and P‑tau217 blood test performance versus amyloid PET at AAIC 2026.
9 July 2026
Rompetrol Rafinare Petromidia marks 50-year milestone
50-year anniversary of the Năvodari refinery; built on reclaimed land, now a 29‑unit complex with >5 Mtpa capacity, Nelson Complexity 9.32 and 2025 production records.
9 July 2026
Salzgitter AG to acquire 100% of Hüttenwerke Krupp Mannesmann (HKM)
Acquire Duisburg steelworks, convert site to electric-arc furnace, cut workforce from ~3,000 to ~1,000 and aim for ~90% CO2 reduction.
9 July 2026
SOCAR and Technip Energies Italy sign MoU to explore petrochemical and decarbonisation cooperation
Delegations agreed to explore flexible petrochemical feedstocks, productivity and energy-efficiency measures, green energy and decarbonisation, and participation in international projects; MoU targets Petkim Master Plan.
9 July 2026
Topsoe to supply SynCOR tech for J Westling blue ammonia fertilizer plant
Nebraska plant will produce 500 STPD of blue (low‑carbon) ammonia for Midwestern farmers from natural gas, starting in 2029, cutting Gulf Coast transport costs of $100–$120/ton.
9 July 2026
Moeve & Exolum secure €105m project finance for Muelle Sur berth at Port of Huelva
Project finance backs a 511‑m berth already over 50% complete to serve 2G biofuels logistics, improving handling of sustainable feedstocks and renewable fuels.
9 July 2026
thyssenkrupp debuts CI4C Catch4Climate Pure Oxyfuel plant in Mergelstetten
Semi‑industrial demonstration replaces air with oxygen to raise flue‑gas CO₂ and enable near‑95% capture from clinker; dedicated 450 t/day kiln built with >€120m investment.
9 July 2026
TotalEnergies ships first ECA LNG Phase 1 cargo to Asia
16.6% stakeholder will offtake 1.7 Mtpa for 20 years and be sole offtaker during ramp-up; Phase 1 is 3.25 Mtpa using Permian feed gas; completion expected summer 2026.
9 July 2026
WuXi Biologics MFG8 facility clears FDA Pre-License Inspection
FDA PLI pass enables commercial manufacture of a potential blockbuster autoimmune therapy; facility uses 12×4,000L single‑use bioreactors and 4,000–20,000L scale‑out capacity.
8 July 2026
Phaenix pilot installed at Delfzijl Chemport Innovation Center
Pilot will produce PHA-rich biomass to feed the Caleyda® extraction pilot in Emmen, supplying material for application development, validation and quality testing.
8 July 2026
CI4C inaugurates catch4climate Pure Oxyfuel R&D plant
World-first R&D site tests Pure Oxyfuel CO₂ capture at a Mergelstetten cement line to demonstrate energy- and cost-efficient capture and enable wider deployment.
8 July 2026
Evonik invests US$100 million to upgrade Tippecanoe Labs in Lafayette, Indiana
US site modernization will expand U.S. CDMO drug-substance capacity, add automation and Next Generation Technologies, and support more complex API manufacture over five years.
8 July 2026
EEW and Stavenhagen inaugurate district heating using sewage‑sludge residual heat
Residual heat from thermal treatment of sewage sludge will enter the town heating network, cutting fossil-fuel use and supporting phosphorus-recycling efforts.
8 July 2026
SONATRACH makes first LNG delivery to Germany
First LNG cargo to Germany delivered to Wilhelmshaven 1 FSRU on 2 July 2026, lifted at Bethioua GL2Z and carried on the TESSALA LNG tanker.
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