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Latest industry news
3 June 2025
OMV Unveils New Technologies and Invests in 140 MW Green Hydrogen Plant
The Schwechat refinery now hosts a ReOil plant and Austria's largest electrolyzer. A new 140 MW green hydrogen plant is planned, aiming to cut CO₂ emissions by 150,000 tons annually.
2 June 2025
BASF to Acquire DOMO's 49% Stake in Alsachimie Joint Venture
BASF aims for full control of Alsachimie to enhance its PA 6.6 production in France, pending consultations. DOMO focuses on tailored polyamide solutions in core segments.
1 June 2025
EBRD Backs Evertis' Sustainable Plastic Expansion in Lithuania
EBRD lends €25M for a PET film facility in Lithuania, boosting recycled content, reducing waste and emissions, and creating jobs, aligning with EU Green Deal goals.
31 May 2025
Borealis Invests EUR 100M in New HMS PP Line in Germany
The new line will triple HMS PP capacity, supporting recyclable solutions in consumer, automotive, and construction sectors, enhancing sustainability and performance.
30 May 2025
AkzoNobel to Close Sites in Netherlands and Belgium
The closures are part of a strategy to streamline operations, focus on larger sites, reduce costs, and boost growth. Employee consultations are ongoing.
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