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Danish chemical industry news
23 October 2025
BASF and ANDRITZ License Agreement for OASE Technology
OASE technology to capture 435,000 tons of CO2 annually in Aarhus waste-to-energy plant, pending Danish CCS fund approval.
20 October 2025
Novo Nordisk to Present Oral Semaglutide and Obesity Data at ObesityWeek 2025
New data on oral semaglutide and CagriSema will be presented, focusing on weight loss efficacy, cardiometabolic health, and women's health in obesity management.
15 October 2025
Novo Nordisk Acquires Rights to Omeros' MASP-3 Inhibitor Zaltenibart
Zaltenibart, a MASP-3 inhibitor, targets rare blood and kidney disorders. Omeros receives up to $2.1 billion, plus royalties. Novo Nordisk plans global phase 3 trials.
9 October 2025
Novo Nordisk Acquires Akero Therapeutics to Enhance MASH Treatment Portfolio
Novo Nordisk acquires Akero for $4.7B, adding efruxifermin, a promising MASH treatment, to its portfolio. The deal includes a $0.5B contingent value right upon regulatory approval.
9 October 2025
Ørsted Streamlines Workforce for Enhanced Competitiveness
Ørsted plans to cut 2,000 jobs by 2027 to focus on offshore wind in Europe, aiming for cost savings and increased efficiency.
2 October 2025
TotalEnergies Partners with CarbonVault in Bifrost CCS Project
TotalEnergies and partners advance the Bifrost CCS Project, storing CO2 offshore to support decarbonization and Denmark's CO2 storage hub ambitions. Transaction awaits regulatory approval.
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29 September 2025
Genmab Acquires Merus for $8 Billion, Boosting Pipeline
Acquisition adds petosemtamab to Genmab's portfolio, aiming for 2027 launch. Expected to enhance growth and EBITDA by 2029.
22 September 2025
Topsoe Advances CO2-to-Food Project to Next Phase
A consortium progresses to phase two, optimizing CO2-to-food tech with renewed funding, aiming to create sustainable protein alternatives amid global hunger challenges.
18 September 2025
Novo Nordisk: Ozempic® Cuts Heart Attack, Stroke, and Death Risk by 23% vs. Dulaglutide
Ozempic® shows 26% lower death risk and 25% reduced risk of major cardiovascular events in older diabetes patients compared to dulaglutide in a real-world study.
16 September 2025
Novo Nordisk Advances Cagrilintide to Phase 3 Clinical Program After Positive Results
Cagrilintide shows significant weight loss and tolerability in trials, prompting further study in the RENEW phase 3 program for obesity treatment.
15 September 2025
ORLEN Neptun Expands Świnoujście Terminal with Smulders Contract
The Świnoujście Terminal will store and assemble components for the Baltica 2 wind farm, enhancing its role as a key hub for offshore wind projects in the Baltic region.
10 September 2025
Novo Nordisk Restructures for Growth
Streamlining aims to cut 9,000 jobs, save DKK 8bn annually by 2026, and reinvest in diabetes and obesity growth, despite DKK 8bn restructuring costs impacting 2025 profit outlook.
9 September 2025
RWE Launches Drone-Based Environmental Monitoring at Kaskasi Wind Farm
Drones and AI enhance eco-friendly monitoring of marine life at offshore wind farms, reducing emissions and improving data accuracy.
5 September 2025
Ørsted A/S Extraordinary General Meeting Decisions
Board authorized to increase share capital with pre-emptive rights; previous authorization without pre-emptive rights repealed; resolutions registration approved.
2 September 2025
Dow Announces Increased Macquarie Stake in Diamond Infrastructure Solutions
Dow receives $540M as Macquarie raises its stake in Diamond Infrastructure Solutions to 49%, enhancing their strategic partnership and expanding service offerings across multiple sectors.
2 September 2025
Dow Announces Increased Macquarie Stake in Diamond Infrastructure Solutions
Dow gains $540M as Macquarie raises its stake in Diamond Infrastructure Solutions to 49%, enhancing their strategic partnership and expanding service offerings across multiple sectors.
1 September 2025
Equinor Backs Ørsted's Rights Issue
Equinor supports Ørsted's Rights Issue to strengthen its balance sheet, maintaining a 10% stake and considering board nomination, with a potential investment of up to DKK 6 billion.
27 August 2025
Topsoe Faces Market Challenges in H1 2025 Results
Revenue and EBIT declined due to global uncertainties. Investments in energy transition continue, with a revised full-year outlook. SOEC facility nears readiness for green hydrogen production.
29 July 2025
EU Approves €36M Danish Aid for Sustainable Aviation Fuel
The scheme supports SAF use on Danish domestic flights, aiming for 40% SAF by 2027, with grants covering extra costs. It ensures cost-effectiveness and minimal competition impact.
10 July 2025
Ørsted Secures Financing for Greater Changhua 2 Project
Ørsted advances its strategic goals with project financing for Greater Changhua 2, supported by international banks and export credit agencies.
7 July 2025
ORLEN Begins Installing Europe's Largest Offshore Wind Turbines
The first turbine is installed in the Baltic Sea, marking a shift in Poland's energy landscape. The project aims to meet 3% of Poland's electricity demand by next year.
16 June 2025
Krah Pipes OÜ Utilizes BorSafe™ for Advanced Pipe Solutions
Aging water tanks in Aarhus are replaced with durable, sustainable PE pipes, enhancing efficiency, reducing maintenance, and supporting long-term infrastructure reliability.
12 June 2025
Sumitomo and Skovgaard Form Biogas Joint Venture
The joint venture will produce biogas and e-SAF, aiming for 40 million Nm³ of biogas annually, supporting Denmark's carbon neutrality goals and expanding bioenergy solutions.
14 May 2025
INEOS and Royal Wagenborg Unveil First European Offshore CO2 Carrier
Carbon Destroyer 1, part of Project Greensand, is Europe's first offshore CO2 carrier, linking emitters to storage in the North Sea, operational by 2025-2026.
5 May 2025
Greensand and INEOS Begin CO₂ Terminal Construction at Port Esbjerg
Construction starts on Denmark's first CO₂ storage terminal, aiming to establish a CCS hub in the EU, with completion expected by autumn.
1 May 2025
INEOS to Launch First European Offshore CO₂ Carrier on May 14
Europe's first offshore CO₂ carrier, built in the Netherlands, will transport CO₂ for storage in the Danish North Sea, advancing EU's carbon capture and storage efforts.
14 April 2025
Öresundskraft and INEOS to Store 210,000 Tonnes of CO₂ Annually from Sweden in Denmark
The agreement advances cross-border CCS efforts, with storage starting 2028, highlighting international cooperation for climate goals and expanding EU's CO₂ storage capacity.
3 April 2025
Clariant's MegaMax 900 Catalyst Powers European Energy's E-Methanol Plant Startup
MegaMax 900 catalyst successfully starts at Denmark's e-methanol plant, enhancing green methanol production with high stability and activity, supported by Clariant's technical team.
19 February 2025
Covestro U.S. Sites Achieve 100% Renewable Electricity
Four U.S. sites reach net-zero Scope 2 emissions via RECs and a vPPA with Ørsted, cutting 90,000 tons of CO2 annually, advancing climate-neutral goals by 2035.
28 October 2024
European Energy Launches 12 MW Green Hydrogen Facility in Denmark
The facility uses renewable energy for hydrogen production, with plans to expand. It supplies Port Esbjerg and local utilities, optimizing energy use and aiding decarbonization efforts.
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