All news (page 62)

11 May 2026

POSCO Holdings invests USD 765m for 30% stake in Australian lithium JV with Mineral Resources

Secures rights to 30% of spodumene concentrate from Wodgina and Mt. Marion; aims to link upstream mining supply with downstream processing and capture dividend income.
11 May 2026

PTT Global Chemical Tops S&P Global Sustainability Ranking for 7th Year

Ranked Top 1% in S&P Global CSA for seven consecutive years; the first company to do so. Named Sustainability Yearbook Member 13 years and added to Dow Jones Best‑in‑Class World and Emerging indices.
11 May 2026

Worley partners with Baker Hughes to deliver integrated LNG solutions

Non-exclusive MOU to jointly develop integrated, lower-carbon LNG projects - combining EPCM/EPCI delivery, modular liquefaction, advanced turbomachinery and digital tools to derisk and speed delivery
11 May 2026

Covestro to install Dormagen steam compressor, cutting Germany energy use 2%

Heat-pump upgrade will save ~40,000 t CO2/yr, cut low three-digit GWh energy use; investment low double-digit million euros; expected operation mid-2027.
11 May 2026

LanzaTech selects North Sea Port, Ghent for Europe’s first commercial ATJ SAF plant

€500M ATJ project targeting 79,000 t/yr SAF and 9,000 t/yr renewable diesel; EIA scoping filed; ~50 permanent jobs and ~300 FTE construction; FEED complete; EU Horizon support.
11 May 2026

BASF Agricultural Solutions opens BioHub fermentation plant in Ludwigshafen

High double‑digit €m investment started commercial fermentation of biological crop actives (B. amyloliquefaciens, P. coprobium), boosting production flexibility and supply resilience.
11 May 2026

RIFT expands Iron Fuel plans to Rotterdam

Reserved Maasvlakte with Port of Rotterdam to advance commercial-scale Iron Fuel projects; Rotterdam complements Antwerp with infrastructure, logistics and low-carbon hydrogen
11 May 2026

Ørsted and PGE start Baltica 2 offshore installation

First foundations installed for a 1.5 GW offshore wind farm. 111 monopiles (107 turbine, 4 substation) to be installed through Q4 2026; commissioning expected in 2027; 25-yr CfD.
11 May 2026

GSK partners with Sino Biopharmaceutical (CTTQ) for exclusive China launch of bepirovirsen

Potential first-in-class CHB treatment under priority review in China; deal provides access to 5,000+ medical centres at launch, local import/distribution, hospital access and initial 5.5-yr supply.
11 May 2026

Aurubis reports stronger Q2 and raises full-year forecast

Q2 operating EBT €121m (+15% q/q); H1 EBT €226m; H1 EBITDA €351m (+3%). Net cash flow €161m, down on higher inventories. ROCE 8.1% as €1.7bn projects near completion; new recycling plants ramping up.
11 May 2026

Sumitomo Corporation: Noirmoutier 500 MW Offshore Wind Farm in France Begins Commercial Operation

Construction complete; commercial operation started. 12 km offshore; ~25‑yr life. Annual output ≈ supply for 800k users. Power sold under long‑term fixed‑price PPA; financed via syndicated loan.
11 May 2026

Sinopec’s first deep coal‑seam gas well surpasses 50 million m³ cumulative production

First deep coal-seam gas risk-exploration well: >50M m³ cumulative, 27,000 m³/day. Deployed 2022, producing since 2023; data-driven optimization and fluid/sand/fines control sustain stable production.
11 May 2026

Shanghai Petrochemical commissions phase‑one of 30,000‑t large‑tow carbon fiber project — China’s largest 48K single‑line

Phase-one (2 lines) of a 30,000-t large-tow carbon-fiber project in Ordos began production. Single-line >3,000 t (48K); +50% capacity, 188-day build, >60% green power
9 May 2026

Uniper demolishes Scholven towers D & E for H2-ready CCGT

Two 114 m cooling towers were demolished at 11:00; ~15,000 t of concrete will be recycled for site backfill. Demolition used a coordinated safety plan; no resident evacuations.
8 May 2026

Röhm names Goswin Uehlenbruck CFO

Internal successor takes over June 1, 2026; predecessor exits after six-plus years; successor brings 27 years in chemicals and 12+ years in international finance.
8 May 2026

argenx: FDA expands VYVGART/VYVGART Hytrulo approval to all adult gMG patients

Phase-3 ADAPT SERON: VYVGART showed rapid, significant, sustained improvements across anti-MuSK, anti-LRP4 and triple-seronegative gMG; safety consistent; IV/SC options; access support.
8 May 2026

Petrobras RNEST sets April diesel S‑10 record — 385 million L

Upgrades (2025 revamp) raised capacity to 130 kb/d, lifting refined‑fuel output ~60% y/y; R$12bn to finish train‑2 to reach 260 kb/d by 2029, boosting energy security and cutting imports.
8 May 2026

INA, MOL and Syrian Petroleum Company discuss reactivating INA’s Syria operations

Three-day talks assessed restarting oil and gas operations. Joint experts will evaluate technical, operational, commercial and regulatory prerequisites and set a reactivation roadmap.
8 May 2026

Clariant Q1 2026: Resilient performance amid Middle East conflict

Q1 sales down 2% (CHF918m); EBITDA margin fell to 17.5% (-130bp). Free cash-flow conversion rose to 54%. CHF80m savings program on track; 2026 guidance unchanged amid conflict
8 May 2026

MOL Group Q1 2026: USD 212m profit amid supply disruptions and price controls

Higher hydrocarbon prices lifted upstream; production 95.5 mboepd. Downstream hit by lower refining volumes and feedstock scarcity; Rijeka delayed coker opened. Consumer services and circulars rose.
8 May 2026

Evonik Q1: €475m adjusted EBITDA, outlook confirmed

Q1 sales fell 9% to €3.43bn; volumes -2%, prices -1%; margin down to 13.9%; net income halved to €125m; Q2 aided by customer pre‑buying; CFO change and 1,000 job cuts planned
7 May 2026

Chandra Asri Group advances CA‑EDC plant into jetty and storage tank construction

CA‑EDC now 66% complete and entering jetty and storage tank construction to support 827 kt/year caustic soda and 500 kt/year EDC; operations targeted Q1 2027.
7 May 2026

argenx Q1 2026 Financial Results & Business Update

Q1 product sales $1.3B (+63% YoY); profit $366M; PDUFA May 10 for seronegative gMG; VYVGART label expansions, multiple pipeline readouts in 2026–27; cash $4.9B
7 May 2026

ALTTION joins AIQBE as strategic ally

Offers industrial protection services: anti-corrosion, passive fire protection, rope access, turbine maintenance and automation; will share solutions and best practices in technical forums.
7 May 2026

Worley appointed feasibility advisor for St George’s Araxá niobium and rare earths project

Appointed feasibility advisor to provide consulting and engineering for feasibility studies, metallurgy and process, mine planning, plant/tailings design, procurement and construction.
7 May 2026

Borouge expands UAE logistics network with Gulftainer and Etihad Rail partnerships

Agreements secure East Coast export access, streamline inland logistics, and create an integrated rail corridor from Ruwais to ports—boosting multimodal resilience, predictability and lower emissions.
7 May 2026

Diamond Infrastructure Solutions issues RFQ for Freeport power and steam modernization

RFQ seeks developers to replace two legacy cogeneration plants at Freeport with advanced baseload power and steam facilities (operational ~2032); proposals due June 25, 2026.
7 May 2026

EU, Brazil and China launch Open Coalition on Compliance Carbon Markets

New coalition to strengthen domestic carbon markets: improve MRV, accounting, transparency and offsets. Open to nations with national compliance schemes; New Zealand and Germany have joined.
7 May 2026

Barbara Flesche named SolarPower Europe President

Elected president brings 20+ years in renewables and will push rapid solar deployment, battery storage scale-up, system integration, stronger supply chains and supportive regulation
7 May 2026

Fluor wins feasibility study for Anglo American’s Woodsmith mine in UK

Selected for feasibility study; contract value recognized in Q2 2026. Mine to extract polyhalite via deep shafts and a 37 km conveyor to Teesside; target 13 Mt/yr; tunnelling underway

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