Chemical news · Three minutes a day
Thursday, September 10, 2026
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Wanhua’s Hungary BorsodChem restarts MDI, TDI outputWanhua Chemical Group announced its Hungarian subsidiary BorsodChem resumed MDI and TDI production after maintenance, restoring annual capacities of 400,000 and 250,000 metric tons respectively.
BP Plc's North Sea assets attract bidders like Adura and NEO Next+ as the company exits the region amid UK policy challenges, with potential valuation near £2 billion.
Aarti Industries commissioned phase one of its Zone IV project in Gujarat, integrating calcium chloride, PEDA, and multipurpose plant assets. This expansion targets agricultural and energy sectors, coinciding with a 41% year-over-year revenue surge in the fiscal first quarter.
Loop Industries Inc. has appointed Jeff Geygan as its new Board Chairman, separating the role from CEO Daniel Solomita to enhance governance. Geygan will oversee strategy while Solomita focuses on commercial execution and partnerships in India and Europe.
Baker Hughes raised its 2026 revenue forecast to $28.50–$30.30 billion following its $13.6 billion acquisition of Chart Industries. Integration of Chart's LNG equipment and process technology is expected to drive fourth-quarter results.
U.S. stocks declined as oil prices exceeded $100 per barrel due to Middle East tensions. Dow Chemical shares fell following reports of a potential exit from a $20 billion partnership with Saudi Aramco.
ERG reports army-backed intruders have resumed illegal operations at its Metalkol cobalt-copper concession in the DRC, stealing tailings and disrupting production. This recurring issue challenges government authority and poses risks to global battery metal supply chains.
The U.S.-Canada trade war has escalated to import bans on Canadian dairy and alcohol, while geopolitical tensions push oil prices above $100 per barrel. Wall Street reacts to OpenAI's GPT-6 launch alongside continued AI infrastructure spending.
Angola's ANPG and ExxonMobil announced a new oil discovery at the Vicango Este-01 well in Block 15, encountering 25 meters of hydrocarbon-bearing sandstone. This marks the 20th discovery in the prolific deepwater block, supporting future production.
Namibia restored jet fuel supplies at Hosea Kutako International Airport to normal levels after a shortage disrupted flights. Suppliers Vivo Energy and Puma Energy confirmed adequate stocks following quality checks.
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