Bulgarian chemical industry news

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  1 April 2026

  OMV Petrom: Krum‑1 on Han Asparuh Block drilled to 3,500 m, no significant gas

  Drilling began in February after Vinekh; two wells drilled since Dec 2025 will improve geological understanding of the deep Black Sea. Exploration remains early; ongoing farm‑in for nearby block.
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  11 March 2026

  OMV Petrom Joins Shell and TPAO in Bulgarian Offshore Project

  OMV Petrom acquires 25% stake in Han Tervel offshore block. Focus on 3D seismic data analysis and potential drilling. Awaiting Bulgarian Government approval.
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  24 February 2026

  Aurubis Lünen Launches High-Purity Oxygen Plant in North Rhine-Westphalia

  The new air separation unit boosts production efficiency, supply security, and reduces CO2 emissions by 8,500 t annually, enhancing the site's role in the circular economy.
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  5 February 2026

  Aurubis Meets Expectations, Raises 2025/26 Forecast

  Q1 EBT at €105M, driven by higher metal results. Full-year forecast raised due to improved market outlook. ROCE stable despite high capital spending.
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  4 February 2026

  OMV Petrom 2025 Financial Results and Investments

  Record investments of 7.8 bn lei amid market volatility; net income down 27% due to impairments; strategic focus on energy transition and regional gas growth.
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  21 January 2026

  BEH Joins Han Asparuh Exploration Venture

  BEH acquires 10% in Han Asparuh offshore venture. Exploration drilling began in Dec 2025. Potential economic benefits include GDP growth and enhanced energy security for Bulgaria.

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  15 December 2025

  OMV Petrom Begins Offshore Exploration in Bulgaria's Han Asparuh Block

  Exploration drilling in Bulgaria's Han Asparuh block starts with two wells, costing €170M, using advanced tech and safety standards, aiming to enhance regional energy security.
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  15 December 2025

  Borealis Among Top Circularity Leaders in BloombergNEF Ranking

  Borealis advanced to third in BloombergNEF's 2025 ranking, boosting circular capacity and launching key initiatives in recycling and innovation.
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  15 December 2025

  BASF and OQEMA Partner for Distribution in Central and Eastern Europe

  The partnership covers polymer dispersions and additives, leveraging OQEMA's network for fast delivery and technical support, focusing on quality, reliability, and sustainability.
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  5 November 2025

  EU Transport Package: High-Speed Rail and Sustainable Fuel Initiatives

  The EU aims to enhance rail connectivity and boost investment in renewable fuels for aviation and waterborne sectors, promoting sustainability and competitiveness.
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  6 October 2025

  OMV Updates Dividend Policy, Focuses on Growth Investments by 2030

  OMV targets sustainable growth, boosts cash flow, and enhances shareholder returns, while aiming for net-zero emissions by 2050.
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  2 October 2025

  Integra Plastics Upgrades to Recycled Polypropylene with Borcycle M Technology

  Integra's facility will produce premium recycled polypropylene by 2025, increasing capacity and supporting sustainable solutions for packaging, mobility, and appliances.
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  11 September 2025

  Momentive Expands European Distribution with Safic-Alcan Partnership

  Safic-Alcan will distribute Momentive's silicone elastomers in France and Eastern Europe, enhancing market reach and supporting innovation, performance, and sustainability.
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  11 September 2025

  Aurubis Secures €200M EIB Loan for Recycling and Copper Expansion

  EIB funds will boost copper refining in Bulgaria and recycling in Hamburg, supporting EU's critical raw materials strategy and enhancing Europe's supply chain resilience.
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  5 August 2025

  Aurubis AG Raises Annual Forecast After Strong Nine-Month Results

  Higher metal and sulfuric acid revenues boost earnings. Strategic projects advance, with Richmond site commissioning in progress. Forecast for 2024/25 operating EBT narrowed to €330-370 million.
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  31 July 2025

  OMV Reports EUR 5.79 bn Sales in Q2 2025

  Q2 2025: Strong chemical results, low leverage, ongoing Borouge integration, and green hydrogen projects. Energy segment hit by lower oil prices; Fuels & Feedstock affected by shutdowns.
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  13 May 2025

  Borealis Advances Circular Economy in 2024

  Borealis boosts circular production, expands product lines, and forms strategic partnerships to enhance recycling and sustainability across sectors in 2024.
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  25 July 2024

  Air Liquide Invests €100M in Sustainable Gas Supply for Aurubis in Bulgaria and Germany

  Air Liquide will build a new ASU in Bulgaria and upgrade four in Germany, enhancing gas supply efficiency and supporting Aurubis' sustainable copper production and industrial markets.
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  27 July 2020

  Clariant and Eta Bio Sign License Agreement for Cellulosic Ethanol Technology in Bulgaria

  Eta Bio will build a plant in Bulgaria to produce cellulosic ethanol from wheat straw using sunliquid® technology, enhancing sustainability and creating new revenue streams in the agricultural sector.
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  24 September 2019

  Solvay Expands Bicarbonate Production in Bulgaria

  Increasing soda ash capacity in Wyoming and bicarbonate in Bulgaria, the investments total €185M over three years, addressing global demand in various applications and improving air quality.
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  6 June 2013

  Solvay to Strengthen Global Soda Ash Leadership

  Plans to cut €100M/year in European costs by 2016, expand North American trona mining, and close a Portuguese unit. Aims to boost efficiency and address overcapacity, impacting 450 jobs by 2016.
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  1 January 1991

  Ruse Chemicals Anhydride Plant, Bulgaria

  The plant, licensed by BASF, produces 22,000 metric tons of Phthalic anhydride and 700 metric tons of Maleic anhydride annually, selling mainly to Turkey, Romania, Bulgaria, Germany, Italy, Greece, and Ukraine.