Chemical industry in Cyprus

project tracked
1
active
1

Projects in Cyprus

chemXplore tracks 1 project in Cyprus, of which one is active.

  1. none Announced / Concept
  2. none FEED / Pre-FID
  3. none FID / Sanctioned
  4. 1 project Under Construction
  5. none Commissioning & Start-up

Of the active ones, 1 new construction.

What moved recently

  • 8 September 2026 Eni-TotalEnergies Cronos Gas Field Development, Cyprus Block 6 · Under Construction

What they make or use

Latest Cypriot chemical industry news

26 October 2026
Eni launches execution phase of Cronos gas project in Cyprus

Main EPC and drilling contracts signed; project targets >3 TCF resources and up to 500 mmscf/d plateau, start-up H1 2028, gas to be processed in Egypt and liquefied at Damietta.

21 October 2026
Merck’s KEYTRUDA plus Padcev approved by European Commission for perioperative treatment of resectable MIBC

EU clears first PD‑1 inhibitor plus ADC regimen for resectable muscle‑invasive bladder cancer regardless of cisplatin eligibility; phase 3 showed EFS HR 0.53 and OS HR 0.65.

17 September 2026
EASA: EU SAF supply surpasses 2025 ReFuelEU target

SAF reached 1.1 Mt (2.8% share), a near sixfold rise from 2024; supplied at 121 airports, 84% produced in the EU, and 18 Member States host production projects.

8 September 2026
McDermott wins subsea contract for Cronos gas field, Cyprus

Valued at USD $500–$750M, the deal covers project management, engineering, procurement and installation support, executed from hubs in Houston, Perth, London and Kuala Lumpur.

7 August 2026
MOL Group Q2 2026 results

Q2 profit USD 786m; strong oil and gas prices plus higher refining and petrochemical margins offset fuel price caps and operational outages.

31 July 2026
Shell to sell BG Cyprus Ltd to MOL Group for up to $720 million

35% non-operated stake in Cyprus Block 12 (Aphrodite); produced gas to be sold to EGAS; completion expected early 2027, subject to approvals.

31 July 2026
Holcim: H1 recurring EBIT +11.5% organically, guidance upgraded

Net sales +5.2% organic H1; recurring EBIT margin 18.1%; closed Xella and Cementos Pacasmayo; FY2026 guidance raised to ~5% sales and ~10% recurring EBIT growth.

29 July 2026
Eni second-quarter 2026 results and updated capital plan

Double-digit underlying production growth, new JV and project FIDs, entry into critical minerals, and a larger share buyback with slightly higher 2026 production guidance.

28 July 2026
Eni FID for Cronos gas development off Cyprus

Final Investment Decision for Cronos targets first Cypriot gas in 2028; field holds >3 Tcf GIIP and will route gas via Egypt’s Zohr and Damietta for LNG exports.

28 July 2026
TotalEnergies approves development of Cronos gas field in Cyprus

Cyprus' first gas field will send about 2.8 Mtpa LNG to Europe via Egypt's Damietta terminal; start-up expected 2028 and half the output will be marketed to Europe.