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(page 17)
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.
4 June 2026
Sumitomo Corporation takes 49% stake in Graphyte-led US JV for CDR credits
49% stake in US JV to commercialise 'Carbon Casting' BiCRS, scale the Loblolly project to 50,000 tCO2/yr, and sell long-duration CDR credits across North America and Japan.
4 June 2026
Sinopec and BYD sign industrial and capital cooperation framework
Signed a framework to cooperate on flash charging networks, ecological integration and upstream–downstream supply‑chain synergy to build an efficient smart energy ecosystem.
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.
3 June 2026
Petrobras to invest up to R$23 million in residual oils and fats collection projects
Funding for collection and commercialization of used cooking oil across São Paulo and Bahia; proposals due July 3, 2026; results expected by year-end.
3 June 2026
Air Liquide invests in Quobly to scale silicon quantum processors
Investment funds R&D and industrialisation of silicon-based quantum processors, backing commercial launch targeted by end‑2026.
News type
Project Updates and Milestones
New Projects and Expansions
Mergers, Acquisitions, and Partnerships
Innovation and Product Development
Operational Changes and Investments
Sustainability and Environmental Initiatives
Financial Performance and Strategy
Executive Appointments and Governance Changes
Regulatory and Compliance Updates
Workforce and Corporate Social Responsibility (CSR)
Crisis and Risk Management
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3 June 2026
BASF appoints Steve Arndt Senior VP, Global Automotive Refinish Coatings
Arndt succeeds Titmarsh as global head of automotive refinish coatings on 1 July 2026; Titmarsh steps down after a 20-year company career.
3 June 2026
Galp: Rodrigo Vilanova resigns; Jorge Fernandez Vidal co‑opted to Board
Board member resigns for family health reasons; Executive Committee reduced to five and duties reassigned; new non‑executive director appointed through 2026.
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.
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.
3 June 2026
BASF Intermediates Geismar Acetylene Unit wins ACC Energy Efficiency Award
Geismar unit cut energy use by deploying advanced process control (APC), earning the ACC's Responsible Care 2026 Energy Efficiency Award.
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.
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.
3 June 2026
MAIRE awarded Industry Mover in S&P Global Sustainability Yearbook 2026
Recognised for the largest year-on-year ESG improvement in its sector; 2025 gains include a 6% cut to Scope 1–2 emissions, 1.2 Mt CO2 avoided and 90,000 m³ of water reused.
3 June 2026
Borouge International & Lanxess advance circular acetone with Borvida B‑acetone
ISCC PLUS‑certified, mass‑balanced acetone from non‑food waste biomass offers up to 175% cradle‑to‑gate carbon reduction while matching conventional acetone performance.
3 June 2026
UPM names Joonas Rauramo Executive Vice President, UPM Energy
Joonas Rauramo will join the Group Executive Team as EVP, Energy on 1 October 2026 and will be based in Helsinki.
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.
3 June 2026
Elkem and Statkraft sign seven-year PPA for Bjølvefossen (2031–2037)
Seven-year agreement secures 1,534 GWh for Bjølvefossen (2031–2037), supporting 150 jobs and low‑carbon foundry‑alloy production with 60,000 mt annual capacity.
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.
3 June 2026
Novo Nordisk launches Wegovy pill in UAE
Oral semaglutide tablet now available in UAE for weight management; shows ~17% mean weight loss in trials and is approved to reduce certain cardiovascular risks.
3 June 2026
Axens and Green Sky Capital partner to develop SAF plant in Egypt
200,000 tpa SAF plant using lipid-based feedstocks and Axens' Vegan® HEFA, targeting production by end‑2027; will source used cooking oil locally and serve Mediterranean/African markets.
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.
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.
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.
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.
2 June 2026
SONATRACH subsidiaries sign three MoUs with Niger's SONIDEP
Three agreements cover seismic acquisition, a drilling joint venture, and fuel distribution plus a bitumen manufacturing JV and training.
2 June 2026
Teijin Frontier develops polyester textile combining heat retention and high breathability
Polyester textile pairs bulky raised nap for dead-air warmth with large-knit voids that double breathability and crimped-yarn moisture wicking; aimed at fall/winter 2027 sports and outdoor apparel.
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.
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.
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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