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(page 17)
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.
News type
New Projects and Expansions
New Projects and Expansions
Project Updates and Milestones
Project Updates and Milestones
Mergers, Acquisitions, and Partnerships
Mergers, Acquisitions, and Partnerships
Innovation and Product Development
Innovation and Product Development
Operational Changes and Investments
Operational Changes and Investments
Sustainability and Environmental Initiatives
Sustainability and Environmental Initiatives
Financial Performance and Strategy
Financial Performance and Strategy
Executive Appointments and Governance Changes
Executive Appointments and Governance Changes
Regulatory and Compliance Updates
Regulatory and Compliance Updates
Workforce and Corporate Social Responsibility (CSR)
Workforce and Corporate Social Responsibility (CSR)
Crisis and Risk Management
Crisis and Risk Management
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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.
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
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.
19 December 2025
Merck and U.S. Government Partner to Expand Medicine Access and Reduce Costs
Merck commits $70B to U.S. production, offers key drugs at reduced prices, and delays tariffs to enhance domestic manufacturing and innovation.
19 December 2025
AkzoNobel Extends CFO Tenure Ahead of Axalta Merger
Maarten de Vries extends CFO role by a year; Fredrik Westin won't join. CEO of merged entity will be from AkzoNobel, CFO from Axalta.
19 December 2025
Uniper Cancels €1bn KfW Facility, Secures New Funding
Uniper cancels KfW facility due to strong cash position, secures €0.7bn in new bank facilities, diversifying funding sources.
19 December 2025
Johnson & Johnson Supports HRS Registry for PFA Data Collection
The registry will gather real-world data on PFA for AFib, aiming to improve treatment strategies and outcomes in electrophysiology.
19 December 2025
ORLEN Acquires Full Ownership of Butadiene Unit from Synthos
The deal secures control over a butadiene unit, integrates it into ORLEN's value chain, and revises agreements for future cooperation and operational flexibility.
19 December 2025
Lhyfe Projects 2025 Revenue Doubling
Focus on European projects, enhance operations, outsource EPC, cut costs by 30% in 2026, and target profitability through strategic resource allocation and market alignment.
19 December 2025
UPM's Leuna Biorefinery Begins Commercial Production of Bio-based Chemicals
The biorefinery produces industrial sugars, enabling renewable glycols and lignin fillers, supporting the shift from fossil to bio-based materials, with full operations expected by 2026.
19 December 2025
NEXTCHEM (MAIRE) Secures Urea Technology Contract in China
A new urea plant in China will use Ultra-Low Energy technology, cutting steam use by 35% and cooling water by 16%, marking its tenth global application.
19 December 2025
Clariant Sells Venezuelan Business
Clariant divested its Venezuelan unit for USD 1.8M. The move affects 60 employees and will impact net profit due to a CHF 236M noncash reclassification, but not cash flow or EBITDA guidance.
19 December 2025
WuXi Biologics Earns CDP "A" Ratings for Climate and Water
Recognized for environmental leadership, achieving net-zero by 2050, and reducing water use by 30% by 2025. Collaborates with suppliers for sustainable practices.
19 December 2025
ADNOC Secures $2 Billion Green Financing from K-SURE, Totaling $5 Billion in 18 Months
ADNOC's $2B green financing supports lower-carbon projects, aligning with global standards. This enhances ADNOC's sustainable finance and strengthens ties with South Korea.
19 December 2025
Idemitsu Kosan and Mitsui Chemicals to Consolidate Chiba Ethylene Complexes
The companies will consolidate ethylene production at Mitsui's site by July 2027 to enhance competitiveness amid declining domestic demand and increased global competition.
18 December 2025
Viscaria and Aurubis Sign Copper Offtake Deal
The agreement secures sustainable copper for Europe, supporting electrification and manufacturing, and covers 50% of Viscaria's output from 2028-2035, with an option to extend.
18 December 2025
INEOS' Jim Ratcliffe Urges EU Action to Save Chemical Industry
Ratcliffe warns of Europe's chemical industry decline due to Chinese imports and high energy costs, urging immediate tariff protection and carbon tax action to prevent further facility closures.
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