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Finnish chemical industry news
24 April 2026
EMA recommends Redemplo for adults with familial chylomicronaemia syndrome (FCS)
siRNA blocking APOC3 cut triglycerides 80% vs 17% in trial; lowered acute pancreatitis rates; given subcutaneously every 3 months; common AEs: hyperglycaemia, headache, nausea.
21 April 2026
EBA annual event: Europe shifts to industrial-scale battery execution
Panelists stressed transition from project launches to industrial ramp-up, needing coordinated policy, finance and market measures, new funding tools, and scalable tech to secure competitiveness
15 April 2026
EIB lends €100m to Orion Pharma for oncology and pain R&D
Financing will support clinical trials, staff, patents and lab equipment, boosting clinical development capacity, supply security for critical medicines and EU biopharma competitiveness.
15 April 2026
Nouryon launches Expancel 081 microspheres to boost paperboard bulk and cut fiber use
New microspheres (≤1% addition) increase paperboard bulk/thickness 15–25%, enabling lower fiber and energy use, improved stability with recycled fiber and smoother runs.
14 April 2026
ERA launches to accelerate clean hydrogen for EU industrial competitiveness and energy independence
CEO-led alliance published a white paper urging governments to boost demand certainty, lower electricity costs, simplify RFNBO rules, de-risk finance and fund a hydrogen backbone to speed FIDs.
14 April 2026
thyssenkrupp-backed European Resilience Alliance launches to scale clean hydrogen deployment
CEO-led alliance white paper diagnoses bottlenecks—fragmented rules, high power costs, weak demand certainty—and urges bankable demand, simpler support, de-risk finance and cross-border infrastructure
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9 April 2026
Henrik Ehrnrooth re-elected Chair of UPM's Board
Martin á Porta elected Deputy Chair. Board appointed Audit, Remuneration and Nomination & Governance committees and members. All committee members assessed independent.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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