Finnish chemical industry news

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  2 April 2026

  Coolbrook partners with Doncasters to manufacture RDH aerofoil castings

  Supports first commercial heater demo at Adani Cement (India), advancing electrified high-temp process heating to cut heavy-industry CO2 by up to 30%; UK casting output to scale.
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  31 March 2026

  OMV and XRG form Borouge International

  Merger of Borouge, Borealis and NOVA creates global pure‑play polyolefins leader with 13.6 Mtpa capacity, >$500M synergies, advantaged feedstock and investment‑grade ratings
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  25 March 2026

  Neste Board Committee Appointments

  After the AGM, the Board elected: Personnel & Remuneration — Chair Pasi Laine; Nick Elmslie, Conrad Keijzer, Sari Mannonen. Audit — Chair Essimari Kairisto; John Abbott, Anna Hyvönen, Just Jansz.
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  19 March 2026

  Kemira board elects chair, vice chair and committee members

  Organizing meeting set Audit and Personnel & Remuneration committees and their chairs; all board members independent except Annika Paasikivi, who is linked to major shareholder Oras Invest.
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  18 March 2026

  Technip Energies acquires minority stake in Verso Energy’s DEZiR eSAF plant in Rouen

  Project will use carbon capture to source biogenic CO2 and has FEED underway; plant due ~2030 to produce 80,000 t/yr eSAF, backed by France 2030/EU fund and planned for replication.
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  16 March 2026

  Neste opens largest facility for upgrading liquefied waste plastic

  The new facility processes 150,000 tons of waste plastic annually, advancing chemical recycling and reducing fossil resource use and emissions.

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  12 March 2026

  Asahi Kasei Installs Electrolyzer at Finland's First Hydrogen Station

  The electrolyzer will produce 400kg of hydrogen daily, supporting hydrogen-powered transport in cold climates and demonstrating technology reliability and scalability.
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  6 March 2026

  Stora Enso Announces Executive Team for New Forest Asset Company

  Tuomas Hallenberg is CEO, joined by Martin Ros as CFO, Johan Djurberg as Head of Forestry, and Pontus Selderman as General Counsel. The demerger is set for completion in H1 2027.
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  5 March 2026

  Neste Leadership and Organizational Changes

  Neste appoints new leadership for Renewable Products, adds a North America unit, and integrates commercial, refining, and feedstock sourcing into its leadership team.
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  5 March 2026

  UPM Invests in Tyrvää Hydropower Modernization

  UPM is upgrading Tyrvää plant with modern automation and eco-friendly turbines to enhance grid flexibility and reduce environmental impact, completing by 2030.
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  4 March 2026

  Boliden Kevitsa Initiates Change Talks Due to Finnish Mining Tax Increase

  Finnish mining tax hike affects 285 jobs and halts a EUR 1 billion investment decision. Change talks to conclude in six weeks, impacting all 500 employees.
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  27 February 2026

  CABB Group Sells Jayhawk Fine Chemicals to Anupam Rasayan

  CABB shifts focus to Pharma and Life Science, selling Jayhawk for $150M. Anupam Rasayan aims to expand its US presence and performance materials business.
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  27 February 2026

  Neste Board Nominee Withdraws from 2026 AGM Election

  Simo Sääskilahti withdraws from Board election. The Board will have eight members. Remaining candidates are proposed for election.
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  25 February 2026

  Statkraft and OX2 Partner on Finland Battery Storage Optimization

  Statkraft will optimize two large-scale battery systems in Finland, enhancing grid stability and renewable integration, starting in 2028 with a seven-year agreement.
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  24 February 2026

  Honeywell and Verso Energy Partner to Boost eSAF Production

  Verso Energy will use Honeywell's eFining technology to produce eSAF, reducing GHG emissions by 88% and meeting EU's 2050 fuel requirements.
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  23 February 2026

  Valio's Recycled Packaging Initiative

  By 2030, 80% of Valio's packaging will use renewable or recycled materials, with clear consumer labeling to enhance understanding and trust in circular packaging.
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  18 February 2026

  VolagHy Releases EIA Program for Kuopio Site

  The EIA program for the Kuopio site outlines environmental, social, and land-use assessments, moving the project into the formal evaluation phase with stakeholder engagement.
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  12 February 2026

  Kemira 2025 Financial Results: Strong Profitability Amid Weak Market

  Revenue and EBITDA declined due to market softness. Strategic acquisitions and cost efficiency measures were implemented. Dividend increase and share buyback program proposed.
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  11 February 2026

  Neste Opens Lubricants Warehouse in Jönköping

  Neste's new warehouse in Sweden enhances delivery speed for its high-quality lubricants, including the eco-friendly Neste ReNew line, supporting customers across Scandinavia.
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  6 February 2026

  Neste Names Jukka Siukosaari as SVP of Public Affairs and Geopolitics

  Jukka Siukosaari, former Finnish ambassador, joins Neste's leadership team to focus on public affairs and geopolitics, leveraging his diplomatic experience for the energy transition.
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  6 February 2026

  Sony Establishes First Global Supply Chain for Renewable Plastics in High-Performance Products

  Fourteen companies collaborate to create a supply chain for renewable plastics, enhancing Sony's product sustainability and tracking GHG emissions to reduce carbon footprint.
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  5 February 2026

  Neste 2025 Financial Results Release

  Strong 2025 results with improved EBITDA and cash flow. Renewable and oil product sales rose. Dividend proposed at EUR 0.20 per share. 2026 guidance: stable renewables, lower oil sales.
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  4 February 2026

  Kemira Enters Finland's Top 5 in Nordic Diversity Index

  Kemira improved its diversity ranking, focusing on gender, age, nationality, and education. The 2026 report highlights AI's role in digital leadership.
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  4 February 2026

  UPM 2025 Financials: Strong Cash Flow, Strategic Moves

  Q4 sales and EBIT down, but cash flow strong. Strategic actions include joint ventures, investments, and closures. Sustainability recognized with top ratings.
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  3 February 2026

  Boliden's 2025 Mineral Resources and Reserves Update

  Mineral Resources grew due to exploration and economic factors. Reserves varied by site, with notable changes in Aitik, Boliden Area, Garpenberg, Kevitsa, Tara, Somincor, and Zinkgruvan.
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  3 February 2026

  Boliden Q4 2025 Report: Strong Metal Prices Boost Performance

  Stable production, record mine profits, and strong metal prices marked Q4. Operating profit reached SEK 4,061m, with a proposed dividend of SEK 11.00 per share.
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  30 January 2026

  Hycamite Hosts Finnish Officials, Highlights Critical Minerals Role

  Officials toured Hycamite's facility, learning about its methane-splitting tech for low-carbon hydrogen and graphite, supporting EU supply-chain goals and reducing import dependency.
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  30 January 2026

  ORLEN and InnoEnergy Partner for Renewable Hydrogen and eSAF in Europe

  The partnership aims to scale renewable hydrogen and eSAF production, enhance cross-border collaboration, and support Europe's aviation decarbonization and energy resilience goals.
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  29 January 2026

  ORLEN and VolagHy Expand Sustainable Fuel and Hydrogen in Europe

  The partnership aims to develop renewable hydrogen and eSAF supply chains between the Nordics and Poland, supporting ORLEN's 2035 energy transition strategy.
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  29 January 2026

  Orlen and ABO Energy Partner on Hydrogen Supply

  The MoU focuses on green hydrogen production in Finland for Poland, marking a step in hydrogen transition and supply chain development in Central Europe.