All news (page 118)

24 December 2025

Elkem Reports Fatality After Explosion at Saint-Fons Workshop

An explosion at a Saint-Fons site resulted in one death and three injuries. Operations are halted, and investigations are underway. Psychological support is provided to affected employees.
24 December 2025

bp sells 65% of Castrol to Stonepeak for $10 billion

bp will use $6 billion proceeds to cut debt, strengthen its balance sheet, and focus on downstream strategy. The deal includes a new joint venture with Stonepeak. Completion expected by 2026.
24 December 2025

Mitsui Chemicals, Idemitsu, Sumitomo Chemical Integrate PP and LLDPE Businesses

The integration aims to enhance competitiveness, optimize production, and achieve cost savings, while focusing on sustainable, high-performance products in Japan's shrinking PO market.
23 December 2025

Grupa Azoty Secures Potash Agreement

Grupa Azoty signed a potash supply deal with Nutrien, ensuring stable quality and supply for NPK fertilizers until 2027.
23 December 2025

Mitsubishi Chemical Develops PFAS-Free Oil-Resistant Paper Coating Technology

New technology coats paper with SoarnoL™ for superior gas barrier and oil resistance, meeting food safety standards and addressing global PFAS regulations.
23 December 2025

Toray Unveils Energy-Efficient Bioreactor Technology

New bioreactor tech cuts energy use by 80-90%, converts chemicals efficiently, and enhances safety. Customizable for diverse applications, it aims to lower costs and environmental impact.
23 December 2025

Ørsted Partners with Cathay for 55% Stake in Taiwan's Changhua 2 Wind Farm

Cathay acquires 55% of Changhua 2 Wind Farm. Ørsted to provide long-term O&M. Transaction valued at DKK 5 billion, closing in Q3 2026. Strengthens Ørsted's capital structure.
23 December 2025

Worley Rosenberg Wins EPC Contract for ConocoPhillips Project

EPC contract covers modifications at Ekofisk Complex. FEED completed; EPC starts Jan 2026, ends autumn 2028. Part of Albuskjell, Vest Ekofisk, Tommeliten Gamma redevelopment. Regulatory approval pending.
23 December 2025

Gasunie and Thyssengas Sign First Netherlands-Germany Hydrogen Transport Agreement

New agreements establish key technical and organizational aspects for safe, reliable cross-border hydrogen transport between the Netherlands and Germany.
23 December 2025

MAIRE Completes 7.9% NEXTCHEM Stake Transfer to Azzurra Next One

The transfer of a 7.9% NEXTCHEM stake to Azzurra Next One is finalized. Current shareholders: MAIRE 82.1%, Azzurra Next One 7.9%, Yousef Al Nowais 5%, MI 5%.
23 December 2025

Arkema to Divest Plastic Additives to Praana

Arkema plans to sell its impact modifiers and processing aids businesses, including a Dutch facility, to refocus on strategic activities. Completion expected Q1 2026, pending consultations.
22 December 2025

OMV Petrom and CE Oltenia Begin 550 MW Solar Park Construction

The solar parks will power 410,000 homes by 2026, with a EUR 400M investment. 70% is funded by the Modernisation Fund. 200 mining technicians retrained for renewable energy roles.
22 December 2025

Technip Energies Secures Equipment Orders from Commonwealth LNG

Technip Energies advances Commonwealth LNG project with key equipment orders, supporting modular construction and accelerating progress towards a 2026 investment decision.
22 December 2025

FDA Approves Novo Nordisk's Oral Wegovy for Adult Weight Loss

FDA approves Wegovy pill, the first oral GLP-1 for weight loss, showing ~17% loss in trials. Available January at $149/month, it also reduces cardiovascular risks in adults with obesity.
22 December 2025

Snøhvit Future Project Update by Equinor

Snøhvit Future faces delays and cost increases, now at NOK 20 billion. Onshore compression starts in 2029. Electrification cuts CO2 by 850,000 tonnes annually.
22 December 2025

Novo Nordisk: FDA Approves Wegovy® Oral Pill for Weight Management

Wegovy® pill, an oral GLP-1, shows 16.6% weight loss in trials. Launch expected in the US by January 2026. Approval based on OASIS and SELECT trials.
22 December 2025

EC Approves Johnson & Johnson's TREMFYA® for Treating Plaque Psoriasis in Children

TREMFYA® gains EC approval for treating moderate to severe plaque psoriasis in children, marking the first IL-23 inhibitor for pediatric use.
22 December 2025

Perpetual Next Completes €35M Bond Redemption Early

The company redeems bonds as part of a debt reduction plan, preparing for 2026 growth capital. It is also expanding biomethanol production across Europe and the U.S.
22 December 2025

ORLEN Expands in Norway with New Field Acquisitions

ORLEN's Norwegian unit acquires stakes in Albuskjell and Vest Ekofisk, boosting gas production by 420 million cubic meters annually.
22 December 2025

INEOS Energy Announces Gulf of America Oil Discovery

The Nashville well confirms high-quality oil in the Gulf's deepwater. Further analysis will assess the find's size, potentially enhancing energy security and supply.
22 December 2025

Prysmian and Versalis Innovate Plastic Cable Recycling

The partnership uses chemical recycling to convert plastic cable scrap into reusable polymers, enabling sustainable cable production and advancing circular economy efforts.
22 December 2025

Covestro Appoints Dr. Rainer Seele as New Supervisory Board Chairman

Dr. Richard Pott steps down after guiding Covestro through key phases. Dr. Rainer Seele, with global expertise, takes over, focusing on sustainability and transformation.
22 December 2025

Topsoe and Partners Launch Dynamic Green Ammonia Plant in Denmark

The world's first dynamic green ammonia plant in Denmark produces 5,000 tons annually, reducing CO2 by 9,600 tons, using renewable power without hydrogen storage.
22 December 2025

Clariant Denies Competition Law Allegations by MOL Group and Braskem

Clariant received damage claims totaling EUR 950 million related to 2020 competition law infringement but rejects the allegations, citing no market impact.
22 December 2025

Roche's Lunsumio VELO Approved by FDA for Subcutaneous Use in Follicular Lymphoma

Lunsumio VELO cuts treatment time to one minute for relapsed follicular lymphoma, offering outpatient care with a manageable safety profile.
22 December 2025

Asahi Kasei Pharma Relocates R&D Hub to Shonan iPark

The move aims to boost R&D capabilities, enhance open innovation, and attract talent by leveraging Shonan iPark's life-science ecosystem and advanced facilities.
21 December 2025

FDA approves Genentech’s Lunsumio VELO SC for relapsed/refractory follicular lymphoma

Subcutaneous bispecific cuts infusion time to ~1 minute; accelerated FDA approval for relapsed/refractory follicular lymphoma after ≥2 therapies, with high complete response in 3L+ patients.
20 December 2025

Fluor Sells Zhuhai Fabrication Yard to COOEC

Fluor will receive $122M from the sale. COOEC will fully own the yard, supporting future Fluor projects. Transaction completion expected in the coming months.
19 December 2025

Stamicarbon (NEXTCHEM) wins NX STAMI Urea licensing, PDP and equipment contract for Shandong Lianmeng plant

Chinese urea plant to use Ultra‑Low Energy NX STAMI Urea design cutting steam use 35% and cooling water 16%; key equipment specified in E‑type super duplex stainless steel.
19 December 2025

Genentech and U.S. Government Reach Drug Cost Agreement

Agreement lowers Medicaid drug costs, promotes innovation rewards, expands patient access, and exempts tariffs, supporting U.S. manufacturing and job growth.

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