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Sustainability and Environmental Initiatives news
(page 4)
29 July 2026
PETRONAS extends LNG supply to Hokuriku Electric and signs carbon-neutral MOU
Renewal HOA secures up to 0.54 MTPA LNG for 10 years from 2028 and an MOU to explore hydrogen, ammonia, renewables and CCS/CCUS.
29 July 2026
BASF reports stronger Q2 results, advances restructuring and portfolio moves
Earnings rose across most segments on stronger prices and volumes; Q2 sales €17.2bn and EBITDA before special items €2.4bn; full-year EBITDA guidance lifted to €6.9–7.7bn.
28 July 2026
Toray develops resin-film substrate for anode current collectors
Resin-film substrate for anode current collectors matches copper performance, cuts collector weight 50–60%, reduces cell weight ≈10%, produced at 4.5 µm and sampled to customers.
28 July 2026
Petrobras Q2 2026 own production reaches 3.34 MMboed
Record oil, NGL and gas output reached 3.34 MMboed in Q2, up 14.1% YoY; operated production 4.87 MMboed; refinery utilisation 101.2% and derivative imports at pandemic-low.
28 July 2026
Eastman and University of Tennessee extend research partnership through 2032
Six-year master research agreement includes at least $3 million in funding for sponsored projects, service agreements, student programs and on‑campus collaboration.
28 July 2026
INEOS Project ONE: final cracker modules reach Antwerp after Strait of Hormuz delay
First of two final heavy modules reached Antwerp after months trapped in the Strait of Hormuz; second expected shortly as installation and commissioning enter peak phase.
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28 July 2026
Volkswagen fits ID. Buzz spoilers with PLEXIGLAS® (Röhm) Piano Black mold‑in‑color PMMA
Mold‑in‑color PMMA removes coating, cutting VOCs, energy and water use; delivers Class A glossy, UV‑ and chemical‑resistant exterior parts produced with 2C injection‑compression.
28 July 2026
Air Liquide H1 2026: near €14bn revenue with Q2 acceleration
Second-quarter comparable growth accelerated; operating margin, recurring profit and cash flow improved while record investments and the DIG Airgas deal closed.
28 July 2026
TotalEnergies approves development of Cronos gas field in Cyprus
Cyprus' first gas field will send about 2.8 Mtpa LNG to Europe via Egypt's Damietta terminal; start-up expected 2028 and half the output will be marketed to Europe.
27 July 2026
DHL Express secures 6,000 t SAF from Moeve for Madrid gateway
One-year supply from July 2026–June 2027 covers ~50% of Madrid gateway fuel; SAF from waste/residue feedstocks with ~80% lifecycle GHG savings.
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
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.
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
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.
24 July 2026
Infineum and Kangtai expand partnership with Southern Asia distribution deal
Distribution arrangement lets Southern Asia distributors add partner’s additives and components, broadening product lines and supporting Kangtai’s regional expansion.
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
Johnson Matthey completes acquisition of Cormetech
Adds US SCR catalyst maker with gas-turbine IP to Clean Air business; combined unit to target power-generation and data-centre demand with sales >£200m and mid-teens margin in 2026/27.
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
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
Symrise signs put option to acquire Floral Concept
Put-option deal to buy a French premium natural-fragrance ingredients house, aiming to expand premium naturals in Grasse and combine capabilities for fine perfumery; closing targeted Q3 2026.
23 July 2026
Enilive to acquire OIL! service-station network from Prax
Adds about 320 stations across Germany, Denmark, Austria and Switzerland; sites to be integrated progressively and will offer HVO biofuel, fast EV charging and convenience formats; subject to approvals.
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
EIB study: Europe must boost mineral exploration tenfold to meet CRMA goals
Study finds Europe needs a step-change in exploration spending and permitting reform to convert geological potential into domestic critical raw materials supply.
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.
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