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Latest news
Germany Funds RWE's Hydrogen Projects
Lhyfe and Elyse Energy to Produce E-Methanol from Green Hydrogen at Nantes Saint-Nazaire Port
23 July 2024
Base chemistry
Biobased & Circular
Energy
Industrial gasses
The project aims to decarbonize maritime transport using e-methanol from green hydrogen. A feasibility study is underway, with a project presentation scheduled for September 2024.
Funding Approved for bp’s Lingen Green Hydrogen Project
22 July 2024
Biobased & Circular
Energy
Industrial gasses
The funding will support a 100MW green hydrogen project in Germany, aiding industrial decarbonization. The project will use renewable power from an offshore wind Power Purchase Agreement.
BioBTX secures €80M for renewable aromatics plant in The Netherlands
19 July 2024
Base chemistry
Biobased & Circular
Polymers
The new plant will convert plastic waste into renewable aromatics, reducing carbon emissions. The €80M funding includes equity, debt financing, and grants, highlighting confidence in the innovative approach.
BASF to Cease Glufosinate-Ammonium Production in Germany
18 July 2024
Food
Production will end by 2025 due to economic reasons. Jobs will be retained until then. The company will source from third-party suppliers and focus on next-gen solutions with lower application rates.
Boehringer Ingelheim Launches Biomass Power Plant
17 July 2024
Biobased & Circular
Energy
The new plant cuts CO2 emissions by 70%, saving 50,000 tons annually. It will cover 95% of energy needs from renewables. The goal is CO2 neutrality by 2030 with global energy-saving projects.
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Heygaz Biomethane to Acquire Ormonde Organics
9 July 2024
Biobased & Circular
Food
Energy
The acquisition includes two anaerobic digestion plants and a planned third facility. The current management will stay. The deal awaits Irish regulatory approval.
Corre Energy and SemperPower to Develop Major Battery Storage in Europe
5 July 2024
Biobased & Circular
Energy
The joint venture will create a 320MW 2-hour battery project in the Netherlands, aiding grid balance, reducing CO2, and complementing CAES plans, with operations expected to start in 2026.
Lhyfe and Fives Partner to Decarbonize Industrial Combustion with Green Hydrogen
5 July 2024
Energy
Industrial gasses
The partnership accelerates energy transition by using green hydrogen in industrial combustion, targeting metals, glass, and cement industries in Europe and North America.
Vertex Bioenergy Opens Corn Oil Extraction Facility in Cartagena
4 July 2024
Biobased & Circular
Food
Energy
The new facility extracts corn oil for livestock feed and biofuel production. With a €5M investment, it has a 4,000-ton annual capacity and 400-ton storage.
Shell Pauses Construction of Rotterdam Biofuels Facility
2 July 2024
Biobased & Circular
Energy
Construction is paused to address project delivery and market conditions. Contractor numbers will reduce, slowing activity to control costs and optimize sequencing, ensuring future competitiveness.
Trinseo Opens PMMA Depolymerization Facility in Italy
2 July 2024
Biobased & Circular
Polymers
The new facility in Rho, Italy, advances sustainable recycling of PMMA, converting it to high-purity MMA. This supports a circular economy and meets high-demand applications like vehicle taillights.
TotalEnergies Acquires Tecoil for Lubricant Oil Regeneration in Europe
1 July 2024
Specialties
Biobased & Circular
The acquisition enhances lubricant production with re-refined base oils, reducing carbon footprint and meeting demand for sustainable, high-performance products.
Fluor to Provide EPCM Services for Northvolt’s Battery Facility in Germany
1 July 2024
Specialties
Biobased & Circular
Fluor will handle engineering, procurement, and construction management for Phase One of a $4.8 billion lithium-ion battery factory in Germany, with completion set for 2027.
EuroAPI FOCUS-27 Plan: Job Cuts and Facility Divestments
28 June 2024
Specialties
CDMO
Pharma
The FOCUS-27 plan aims to boost competitiveness with €110-120M restructuring costs, €350-400M CAPEX, and €75-80M annual EBITDA by 2027, focusing on high-value APIs and strategic sites.
EvodiaBio secures €7M for sustainable aroma technology
27 June 2024
Biobased & Circular
Food
The investment will fund commercialization and expansion of a sustainable aroma technology for improving non-alcoholic beer taste, reducing resource use, and lowering CO2 emissions.
Recycling Tires into Automotive Plastics: Neste, Borealis, Covestro Collaborate
26 June 2024
Biobased & Circular
Polymers
Rubber
Discarded tires are chemically recycled into high-quality polycarbonates for automotive parts, promoting circularity and sustainability in the plastics and automotive industries.
WACKER Begins Construction of New Silicone Production Site in Czech Republic
25 June 2024
Specialties
The new site in Karlovy Vary will produce high-performance silicones by 2025, creating 200 jobs. It supports key industries like electromobility and medical care, enhancing WACKER's European production.
Braskem Partners with TNO to Enhance Polyolefin Recycling
25 June 2024
Biobased & Circular
Polymers
The partnership aims to advance Möbius dissolution-based recycling technology, improving plastic residue purification and sustainability, yielding near-virgin grade polymer resin for broader applications.
Vattenfall and BASF Contract Vestas for 15 MW Offshore Wind Turbines
24 June 2024
Biobased & Circular
Energy
112 V236-15.0 MW turbines will power 1.6M homes from 2028. Low-emission steel reduces CO2 footprint. Nordlicht 1 and 2 to produce 6 TWh/year, fully operational by 2028.
WACKER and CordenPharma Achieve Pandemic Readiness in June 2024
23 June 2024
CDMO
Pharma
The consortium will produce 80 million mRNA vaccine doses annually if needed, following a successful expansion and qualification phase, ensuring pandemic readiness for at least five years.
Attero and SABIC Partner to Supply Recycled Feedstock for Plastics Circularity
20 June 2024
Biobased & Circular
Polymers
They will develop advanced recycling solutions to convert post-consumer plastic waste into feedstock, supporting EU recycling goals and reducing carbon emissions.
Generalitat Valenciana and IGNIS Sign MOU for Castellón Green Ammonia and Hydrogen Project
19 June 2024
Energy
Industrial gasses
The project aims to produce 800,000 tonnes/year of green ammonia, create 1,300 jobs, and cut 2 million tonnes of CO2 by 2031, enhancing Castellón's role in renewable energy and decarbonization.
Covestro Invests in BioBTX for Innovative Recycling Technology
19 June 2024
Base chemistry
Biobased & Circular
Refinery
Covestro's investment supports a demonstration plant in the Netherlands to produce chemicals from plastic waste, advancing circular economy goals and enhancing chemical recycling technology.
Heinlein Plastik-Technik Joins ALPLA Group
17 June 2024
Polymers
Pharma
The acquisition expands ALPLApharma's capabilities in closure systems and injection molding, enhancing product offerings and creating a technology center in Ansbach.
Uniper Transforms Wilhelmshaven into Green Energy Hub
14 June 2024
Biobased & Circular
Energy
Industrial gasses
Wilhelmshaven will host an ammonia import terminal and 1 GW electrolysis plant, supplying 10-20% of Germany's hydrogen demand by 2030, supporting EU climate goals and creating local jobs.
Orion S.A. Adds Tire Pyrolysis Oil Tanks in Poland
13 June 2024
Base chemistry
Biobased & Circular
Rubber
The new tanks will store TPO for conversion into circular carbon black, aiding tire recycling and environmental efforts through partnerships focused on sustainability and innovation.
Approval Granted for Hydrogen Facility in Hull
13 June 2024
Biobased & Circular
Energy
Industrial gasses
The £250M, 100MW facility will meet 30% of Saltend Chemicals Park's hydrogen demand, cutting CO2 emissions by 125,000 tonnes annually, aiding the UK's decarbonisation and economic growth.
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