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27 May 2026
PTT Global Chemical wins IFR Asia 2025 Thailand Capital Markets Deal award
Awarded IFR Asia's Thailand Capital Markets Deal for a $1.1bn subordinated hybrid debenture (5.25- & 10-yr), 8x demand; boosts financial flexibility and supports low-carbon growth strategy.
27 May 2026
Toray and PTT Global Chemical establish 100% bio-based nylon 66 production
Cassava pulp was converted to bio-muconic, then bio-adipic acid and 100% bio-based nylon 66. Pilot saccharification, fermentation, refinement and lab polymerization.
27 May 2026
Trinseo launches recyclable thermoplastic PC UD tape battery top cover
Thin-wall, flame-retardant thermoplastic composite reduces weight, improves safety and recyclability for EV battery casings; debuted at CIBF 2026 and will appear at Battery Show Europe
27 May 2026
Avantium LCA: releaf reduces carbon emissions up to 88% in 500 mL bottles
Peer-reviewed LCA with industrial data shows plant-based PEF can cut resin GHG emissions up to 71%, enables lighter packaging, improves recyclability, and complements recycling vs PET.
27 May 2026
Iberdrola opens Spain’s largest battery (58 MW / 120 MWh) at Campo Arañuelo
Two LFP battery systems paired with adjacent solar plants store renewable energy for peak demand, enhancing grid stability and supporting electrification and renewables integration.
27 May 2026
MOL begins Olefin-1 plant restoration
Investigation done; risks cleared and approvals granted. Hydrocarbon removal continues. Cleaning, inspections and repairs start; restart may take months. Injured staff improving; fuel supply unaffected.
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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)
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27 May 2026
WuXi Biologics secures GMP release for 18th drug product facility
DP15 at Fengxian is operational, completed GMP batches to supply clinical programs. Features isolator aseptic filling for liquid and lyophilized vials (2R-20R), enabling faster tech transfer.
27 May 2026
Petrobras to invest R$2.8bn in Amazonas for Urucu gas expansion and Transpetro fleet
R$2.8bn to expand Urucu gas (R$2.5bn for new wells, ~40 km lines) and add 18 barges + 18 pushers to insource bunker logistics, create jobs and boost regional energy supply
27 May 2026
EU clears Lone Star acquisition of Domo Chemicals' Engineering Plastics division
European Commission approved the takeover of an engineering plastics unit; transaction covers industrial-grade engineering plastics, raised no competition concerns and was cleared via simplified review.
27 May 2026
BASF Coatings wins Sustainability Award for overspray‑free two‑tone paint process
Overspray‑free wet‑on‑wet two‑tone (OFLA) uses digital paint jets for 100% transfer efficiency, cutting energy ~25% (~1.7 GWh/yr), ~300 t CO2/yr, and reducing masking waste and paint use.
27 May 2026
Synthos awarded EcoVadis Gold for second consecutive year
Ranked in the 97th percentile (top 3%); highest scores in Labor & Human Rights, Ethics and Environment. Will use findings to advance ESG actions, UNGC participation and ESRS/GRI reporting.
27 May 2026
Swiss tribunal finds Croatia failed to prove bribery against MOL's CEO
Swiss tribunal found bribery unproven and discredited key witness, but denied investor compensation, ruling the royalty clause breached Croatian mandatory law and setting a precedent for investors.
27 May 2026
ORLEN opens 300,000‑tonne HVO plant using domestic feedstocks
HVO plant cuts transport GHGs ≥65%, raises national biofuel capacity to ~700kt (target 1.1Mt by 2030), reduces imports, strengthens domestic feedstock supply and farming partnerships.
27 May 2026
Sumitomo Corporation and Gresham House to develop 694 MW UK BESS portfolio
JV will fund five utility-scale BESS projects with phased buildout (first three starting this fiscal year), expanding capacity and improving grid resilience.
27 May 2026
Worley Rosenberg wins Subsea7 contract to fabricate Equinor Fram Sør subsea structures
Will fabricate 34 subsea structures (PLEMs/PLETs/PLRs); steel cutting in June; delivery H1 2027. Project ties back to existing infrastructure and Troll C; peak >80 staff.
27 May 2026
Vattenfall installs SSAB low‑emission steel at Juliusburg/Krukow solar park
At Juliusburg/Krukow 80 MWp solar park, low-emission steel made from nearly 100% scrap cuts substructure CO₂ by 67% (460→153 t), reducing construction supply‑chain emissions.
27 May 2026
AkzoNobel to file SEC F-4 for Axalta merger; rejects Nippon Paint/Sherwin-Williams cash offer
Boards said the proposal undervalued the company, lacked regulatory/divestment certainty and failed to protect stakeholders; they unanimously back the planned merger and will provide updates.
27 May 2026
Sinopec Shengli Jiyang shale oil zone surpasses 2 million tons, advances low‑maturity development
59 wells >100 t/day (max 263); output rising to 700,000 t in 2025; drilling cut 133→17 days for 6,000m wells; proven reserves 327M t, resources 1.05B t; target 3M t/yr.
27 May 2026
Mitsui Chemicals’ mass-balance biomass plastics adopted for Toshiba molded transformers
Mass-balance biomass plastics used in molded transformer parts and coils, compliant with 2026 Top Runner efficiency rules, support carbon-neutral value chains while matching petroleum performance.
27 May 2026
Clariant FAMAX catalysts boost performance at two Yihua formaldehyde plants in China
Two world-scale plants (100 & 120 kt/a) started, cutting energy use, boosting productivity and yields, lowering pressure drop by 10-15%, extending catalyst life; VOC off-gas control ≈99% conversion
27 May 2026
Woosh, Borouge & BlueAlp close diaper-plastic loop with ISCC‑certified pyrolysis oil
Used diaper plastics collected, mechanically separated and chemically recycled into ISCC‑certified pyrolysis oil for new polymer production, demonstrating industrial-scale circularity in Europe
27 May 2026
Asahi Kasei Life Science licenses Noguchi Institute’s precision ADC technology
Novel ADC modality enables precise DAR and attachment-site control for single- and dual-payload ADCs, improving predictability of efficacy/safety; will be commercialized and co-developed.
27 May 2026
Mitsubishi Chemical to Discontinue Certain Epoxy Resins at Tokai Plant
Some epoxy grades (BPA, BPF, and related formulations) will cease around Sep 30, 2027 due to aging equipment and weak market; certain items may be outsourced while focus shifts to semiconductor resins.
26 May 2026
Avantium and Heynen prototype releaf PEF cushion for bedding and upholstery
Prototype cushion uses plant-based PEF (releaf) to trial automated foam encapsulation in bedding/upholstery, assessing performance and sustainability; shown at Interzum Forum Italy, 4-5 June 2026
26 May 2026
WACKER to reduce stake in Siltronic
Announces a corporate transaction and warns that access restrictions in the preceding filter must be acknowledged before the information is displayed.
26 May 2026
WACKER sells 2.1 million Siltronic shares, raising €188 million
Placed at €89.35 each (7% of capital), reducing stake to ~24%; private accelerated bookbuild to qualified/institutional investors; proceeds to strengthen finances and fund growth.
26 May 2026
BASF and Arva partner to supply verified low‑CI grain for 45Z biofuel tax credits
Collaboration links biorefineries to verified low-CI grain via farmer-direct and commercial channels, delivering audit-ready CI scores, traceability and turnkey 45Z administration.
26 May 2026
Evonik partners with University of Guanajuato on sustainable, lower-toxicity mining chemicals
Academic-industry collaboration to develop biosurfactant-based, lower-toxicity chemicals for mining, accelerating market rollout while reducing environmental impact.
26 May 2026
PureCycle Granted Thailand FastPass for Rayong Polypropylene Recycling Facility
Certificate valid May 6, 2026 - Dec 31, 2028; accelerates approvals and permits; requires ≥20% of stated investment within six months; at IRPC eco-industrial zone; supports 1B-lb recycling by 2030.
26 May 2026
Repsol opens 200,000 t/year renewable diesel plant in Puertollano
€130M plant converts waste oils into renewable diesel for road, truck and ship use, avoiding ~700,000 tCO2/yr lifecycle; uses renewable H2 (€16M), enables SAF, jobs and circularity.
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