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Finnish chemical industry news
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.
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.
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.
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.
27 January 2026
ORLEN Secures Finnish Hydrogen for Polish Industry
ORLEN partners with Finnish firms to boost renewable hydrogen supply and storage, supporting Poland's energy diversification and EU decarbonization goals.
20 January 2026
2024 Innovation Fund Awards €270.6M for EU Renewable Hydrogen Projects
Six projects in Spain, Finland, and Norway will produce 500 kilotonnes of renewable hydrogen, cutting 3.4 million tonnes of CO₂ emissions over 10 years with 381.25 MW electrolyser capacity.
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8 January 2026
Stora Enso Announces Proposed Board for New Forest Company
The proposed board members bring expertise in forestry, finance, energy, and marketing, supporting governance and sustainable growth for the new company.
7 January 2026
VolagHy Secures €150M Tax Credit for Kuopio eSAF Project
The project aims to industrialize eSAF production in Europe, leveraging local partnerships and resources, with plans for five facilities in the Nordics by 2040.
7 January 2026
Grupa Azoty Secures Multi-Year Fertiliser Deal in Scandinavia
The contract enhances export strategy, ensuring stable fertiliser supply to Scandinavia, meeting high standards and boosting sales in a key market.
2 January 2026
UPM and Versowood Finalize Partnership
The partnership enables UPM to secure pulpwood and by-products, while Versowood gains log supply and ownership of UPM's Korkeakoski sawmill. UPM also acquires a minority stake in Versowood.
18 December 2025
Aisti secures €20M EIB loan for sustainable acoustic tiles expansion
EIB loan boosts production of bio-based acoustic tiles, supporting EU green goals and rural development, while enhancing R&D for improved properties and market expansion.
15 December 2025
Neste Adjusts Climate Targets
Neste delays its carbon neutrality goal to 2040, focusing on absolute emission cuts and halting emission compensation, due to financial constraints and investment priorities.
9 December 2025
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 in the US and enhance its performance materials business. Transaction closes in January.
4 December 2025
Kemira Oyj Acquires Own Shares on December 4, 2025
Kemira acquired 51,268 shares at an average price of EUR 19.2599, totaling EUR 987,416.55. Post-acquisition, it holds 5,488,863 treasury shares. Transaction managed by Danske Bank.
4 December 2025
UPM and Sappi Plan Graphic Paper Joint Venture
The joint venture aims to enhance efficiency, sustainability, and resilience in the graphic paper industry, with expected synergies of €100 million and a combined value of €1,420 million.
4 December 2025
Eni Selects Call4Innovators Projects for HPC6 Access
Ten projects focused on energy transition gain access to HPC6 supercomputer resources for development, supported by Eni and partners.
19 November 2025
UPM Introduces WISA-LNG Spruce Plywood for LNG Transport
UPM's new spruce plywood, developed with GTT, enhances LNG transport with improved insulation, sustainability, and increased production capacity.
18 November 2025
UPM and GeBE Achieve Milestone in Adhesive Material Performance
OptiCut RL54 enables two million cuts without blade cleaning, reducing maintenance and extending equipment lifespan in GeBE's linerless printers.
13 November 2025
UPM Communication Papers Unveils 2030 Climate Action Plan
The roadmap aims to cut CO2 emissions by over 70% by 2030, focusing on renewable energy, electrification, and supply chain efficiency.
12 November 2025
UPM Pays €85 Million in Finnish Corporate Tax for 2024
UPM's 2024 economic impact in Finland includes €568M in taxes, €419M in salaries, €950M in wood purchases, and €800M in dividends, supporting 6,222 employees and 5,600 suppliers.
11 November 2025
Hycamite's Carbon Capture Tech for Shipping Gains DNV Approval
Hycamite's TCD tech converts LNG to hydrogen onboard ships, capturing carbon as solid, reducing emissions, and enabling clean fuel use without new infrastructure.
10 November 2025
Neste Secures EU Funding for New Co-Processing Technology
Neste's SCOOP project receives EU funding to develop co-processing technology for renewable fuels at Porvoo refinery, pending investment decision.
6 November 2025
Air Products Fiscal 2025 Results Summary
Fiscal 2025 saw adjusted EPS of $12.03, with a $2.9B operating income. Q4 adjusted EPS was $3.39. Fiscal 2026 EPS guidance is $12.85-$13.15, with $4B in capital expenditures expected.
4 November 2025
UPM Energy Activates Ultracapacitor at Kuusankoski Plant
The ultracapacitor enhances grid stability by providing rapid, maintenance-free energy storage, crucial for balancing renewable energy fluctuations.
3 November 2025
Neste Marks Anniversaries: 15 Years in Singapore, 60 Years in Porvoo
Neste's Singapore refinery celebrates 15 years, expanding renewable capacity. Porvoo marks 60 years, pioneering sustainable fuel innovations.
30 October 2025
EIB Provides €90 Million for TVO's Olkiluoto Nuclear Plant Upgrades
The EIB funds upgrades to enhance safety and reliability of Olkiluoto's nuclear units, supporting Finland's energy independence and EU climate goals.
29 October 2025
UPM Q3 2025: Resilient Performance Amid Weak Markets
Sales and EBIT declined. Strategic reviews and partnerships initiated. Plywood and paper production adjustments. Biorefinery progress. Sustainability recognized. Uncertainty persists.
24 October 2025
Kemira Oyj Q3 2025: Profitability Steady Amid Market Challenges
Revenue and EBITDA declined due to market softness. Water Solutions remained strong. Strategic acquisitions and partnerships aim to boost growth. 2025 outlook remains unchanged.
23 October 2025
Kemira Appoints Tuomas Mäkipeska as CFO
Tuomas Mäkipeska, former CFO at YIT Oyj, will join Kemira as CFO by May 2026, succeeding Petri Castrén. He brings expertise in finance, investor relations, IT, and legal.
3 October 2025
UPM Ends Kaukas Paper Production, Completes Employee Consultations
Paper machine 1 in Kaukas will close in Q4, reducing personnel by 220 and production by 300,000 tonnes. Pulp, timber, biofuels, and R&D at Kaukas continue. An after-care team is in place.
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