French chemical industry news

• 2 December 2024

  Arkema Completes Acquisition of Dow's Packaging Adhesives Business

  The acquisition expands Arkema's packaging solutions, adding $250M in sales and 280 employees, with expected synergies of $30M EBITDA in 5 years, based on a $150M enterprise value.
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  27 November 2024

  Lactips Raises €16M for Global Expansion of Biodegradable Polymer

  The funding will boost growth in Europe, Americas, and Japan, enhance R&D, and expand production capacity, supported by new and existing impact investors.
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  25 November 2024

  TotalEnergies Advances Hydrogen Decarbonization at La Mède

  Partnering with Air Liquide, a new unit will produce renewable hydrogen by 2028, cutting La Mède's CO2 emissions by 130,000 tons annually.
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  24 November 2024

  Elkem Advances Circular Economy for Silicones in Lyon

  A pilot project in Lyon uses patented recycling to reduce silicone waste, cut emissions, and support the green transition, funded by France 2030 and EU's NextGenerationEU.
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  18 November 2024

  Teréga and Partners Sign MoU for Hydrogen and CO2 Hub at Port-La Nouvelle

  The MoU aims to develop Port-La Nouvelle into a key hub for low-carbon hydrogen and CO2, supporting energy transition and regional economic growth.
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  12 November 2024

  Qair to Develop E-Methanol Project at Haropa Port, Le Havre

  A 60-hectare site in Le Havre will host an e-methanol project to decarbonize maritime transport, supported by government and aligned with local industrial decarbonization efforts.

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  1 October 2024

  Solvay to End Production at Salindres Site

  68 positions will be cut by late 2025 due to ongoing financial losses. Provisions of €50M will be recorded in Q3 2024, with cash-out starting in 2025. 2024 EBITDA and FCF guidance remain unchanged.
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  30 September 2024

  €35M Investment Boosts Abolis Biotechnologies

  An international consortium's investment will expand biomanufacturing, accelerate R&D, and foster strategic partnerships in healthcare, cosmetics, and chemicals, driving sustainable biotech innovation.
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  29 September 2024

  CARBIOS and Selenis Partner to Produce Sustainable PETG for Cosmetics and Healthcare

  The partnership leverages enzymatic depolymerization and polymerization expertise to create sustainable PETG from PET waste, meeting high standards for cosmetics and healthcare packaging.
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  23 July 2024

  Lhyfe and Elyse Energy to Produce E-Methanol from Green Hydrogen at Nantes Port

  The project aims to decarbonize maritime transport using e-methanol from green hydrogen. A feasibility study is underway, with a project presentation set for September 2024.
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  5 July 2024

  Lhyfe and Fives Partner to Decarbonize Industrial Combustion with Green Hydrogen

  The partnership accelerates energy transition by using green hydrogen in industrial combustion, targeting metals, glass, and cement industries in Europe and North America.
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  28 June 2024

  EuroAPI FOCUS-27 Plan: Job Cuts and Facility Divestments

  The FOCUS-27 plan aims to boost competitiveness with €110-120M restructuring costs, €350-400M CAPEX, and €75-80M annual EBITDA by 2027, focusing on high-value APIs and strategic sites.
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  23 June 2024

  WACKER and CordenPharma Achieve Pandemic Readiness in June 2024

  The consortium will produce 80 million mRNA vaccine doses annually if needed, following a successful expansion and qualification phase, ensuring pandemic readiness for at least five years.
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  12 June 2024

  Danone, Michelin, DMC, and Crédit Agricole Launch Biotech Platform in Clermont-Ferrand

  The Biotech Open Platform will develop precision fermentation for bio-based materials, with a €16M investment. Located in Clermont-Ferrand, it aims to scale up lab-tested innovations by 2025.
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  6 June 2024

  Haffner Energy Partners with LanzaJet for Paris-Vatry SAF Project

  The Paris-Vatry SAF project will produce 30,000 tonnes of Sustainable Aviation Fuel annually, using advanced ATJ technology and local biomass, with potential to triple output.
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  30 May 2024

  L’OCCITANE and CARBIOS Unveil 100% Enzymatically Recycled PET Bottle

  A new PET bottle made from enzymatic recycling showcases a European circular economy, reducing CO2 emissions by 57% and aiming for 100% recycled PET in retail bottles by 2027.
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  27 May 2024

  Elyse Energy and RTE Address Guarantors' Report on eM-Rhône Project

  The eM-Rhône project aims to produce e-methanol for decarbonization. The response addresses public feedback, water usage concerns, and outlines future consultation steps and commitments.
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  24 May 2024

  Verkor secures €1.3 billion green loan for Dunkirk Gigafactory

  The funds will support the construction of a 16 GWh/year Gigafactory, creating 1,200 direct and 3,000 indirect jobs by 2025, with contributions from 19 banks and a "Dark Green" rating from S&P.
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  22 May 2024

  Ecomaison, Covestro, Secondly, and Federal Eco Foam Launch PU Foam Recycling Project

  The project aims to enhance PU foam recycling from used mattresses using combined mechanical and chemical methods, focusing on material efficiency and sustainable circular economy development.
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  22 May 2024

  Danone Invests €70M in Medical Nutrition Production in France

  By March 2026, a new production line and biomass boiler will be added in Steenvoorde, France, to produce 20M liters of nutritional supplements, reducing the site's carbon footprint by 70%.
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  14 May 2024

  Arkema and ProLogium to Build Gigafactory for Next-Gen Batteries in France

  The collaboration will focus on advanced R&D for efficient, safe, and sustainable lithium-ceramic batteries, supported by a French government subsidy under the "France 2030" plan.
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  25 April 2024

  CARBIOS Breaks Ground on PET Biorecycling Plant in France

  The plant will process 50,000 tons of PET waste annually, creating 150 jobs. It uses enzymatic depolymerization to recycle PET, reducing reliance on oil and supporting a circular economy.
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  17 April 2024

  Arkema Acquires Majority Stake in Proionic for Next-Gen Battery Solutions

  The acquisition enhances Arkema's battery materials portfolio, leveraging Proionic's ionic liquids for improved battery performance and sustainability, aligning with Arkema's innovative and sustainable solutions strategy.
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  19 March 2024

  Roquette to Acquire IFF Pharma Solutions

  The acquisition will enhance Roquette's pharma product range, expand its US footprint, and boost its formulation and R&D capabilities, aiming to close by H1 2025 pending regulatory approval.
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  18 March 2024

  Lhyfe secures €149m French government grant for green hydrogen plant near Le Havre

  The project, part of the IPCEI hydrogen program, aims to produce 34 tonnes of green hydrogen daily by 2028. Located near Yara's plant, it supports Le Havre's decarbonization efforts.
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  9 March 2024

  Yara Reduces Production at Ferrara and Le Havre Plants Due to High Natural Gas Prices

  Production at these plants will operate at 45% capacity due to high natural gas prices. Yara will monitor the situation and use its global system to maintain supply and food chain continuity.
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  14 February 2024

  Eastman and Dentis Group Partner to Supply Feedstock for French Recycling Facility

  The partnership will supply 30,000 metric tonnes of PET waste annually to Eastman's new molecular recycling facility in France, enhancing circularity and reducing environmental impact.
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  6 February 2024

  NextChem and ENGIE to Develop Biomethane Technology from Biomass Waste

  The cooperation aims to optimize, integrate, and commercialize a process to produce synthetic methane from dry biomass waste, supporting the transition to a zero-carbon industry.