German chemical industry news

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  23 March 2026

  Veolia to exit coal at Karviná by 2029 with multi‑energy plant

  Transforms local heating to RDF/biomass/gas cogeneration (53% RDF), serving ~50,000 households, cutting CO2 by ~200,000 t, improving air quality and energy autonomy.
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  23 March 2026

  BASF converts Ludwigshafen acid chlorides and chloroformates to 100% renewable electricity credits

  Average product carbon footprint cut ~19% in 2025; plant modernization raised capacity ~30%; customers get lower‑PCF supplies without recertification, aiding Scope 3 reductions.
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  23 March 2026

  Hou Qijun Meets BASF Chairman Kairi to Discuss Chemical Cooperation

  On March 22 at headquarters, leaders held in-depth talks on deepening cooperation in the chemical sector; the group's vice general manager attended.
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  20 March 2026

  FUCHS posts solid FY 2025 results

  FY2025: sales €3.56bn, EBIT €435m; EPS +2%; dividend +5% to €1.23/€1.22; free cash flow €316m. 2026 outlook: sales ~€3.7bn, EBIT ~€450m
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  19 March 2026

  EnviTec Biogas and LIQVIS expand Bio‑LNG network

  Bio-LNG: low-emission, price-stable heavy-truck fuel—up to 1,700 km range, ~15-min refuel, <€1/kg; made from local organic feedstocks and rolled out via expanding station network
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  19 March 2026

  BASF opens world's first industrial 3D‑printed catalyst plant in Ludwigshafen

  X3D 3D-printed catalysts offer geometries that cut pressure drop, increase active surface and throughput, lower energy use; proven in customer plants.

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  19 March 2026

  bp to sell Gelsenkirchen refinery to Klesch Group

  Sale of Gelsenkirchen refinery raises structural cost-cut target by ~$1bn to $6.5-7.5bn by 2027, strengthens balance sheet, is free-cash-flow accretive; 12Mtpa, ~1,800 staff; close H2 2026.
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  19 March 2026

  LANXESS expects recovery from H2 2026 at the earliest

  2025 revenue -10.9% to €5.673bn; EBITDA pre-exceptionals €510m (-16.9%). Net debt down. Permanent cost cuts ~€100m, ~550 jobs. 2026 EBITDA guide €450–550m.
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  18 March 2026

  SABIC unveils automotive specialty materials for design, performance and circularity

  New PCR-based LNP ELCRIN SLX (30/45% PCR) and KONDUIT WTF2C thermally conductive compounds, plus EXTEM, ULTEM and NORYL grades, boost aesthetics, thermal/EMI performance, weight and recyclability.
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  17 March 2026

  Eni secures €9bn 5-year revolving credit facility

  €9bn 5‑year revolver with 2‑year extension option refinancing prior €6bn and €3bn lines; provided by 28 banks, ~40% oversubscription, maintains financial flexibility and extends maturity
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  17 March 2026

  Thor Offshore Wind Farm Begins Power Generation, Reports RWE

  Thor offshore wind farm starts feeding electricity into Denmark's grid, aiming to power over one million homes by 2027 with sustainable features and local job creation.
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  16 March 2026

  OMV Petrom Delivers First Module for 20 MW Green Hydrogen Project at Petrobrazi

  First electrolyser module delivered for Petrobrazi's green hydrogen project, supporting sustainable fuel production and Romania's NRRP targets.
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  13 March 2026

  MOL and Slovnaft File Complaint Against JANAF's Pricing Practices

  JANAF's pricing is deemed excessive and unjustified, impacting energy supply security. MOL and Slovnaft have raised concerns with the European Commission over these practices.
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  13 March 2026

  Trinseo 2025 Q4 and Full-Year Financial Results

  Q4 net loss of $251M, full-year loss of $546M. Sales down 19% in Q4, 15% annually. Restructuring costs impacted results. Adjusted EBITDA stable in Q4, down $41M annually.
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  12 March 2026

  RWE Reports Strong 2025 Financials, Plans Growth to 2031

  RWE plans €35B investments by 2031, boosting capacity to 65 GW. Focus on US and Germany, with 10% annual dividend growth. Earnings per share to rise from €2.48 to €4.40.
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  12 March 2026

  Brenntag 2025 Financial Results Released

  Revenue at EUR 15.2B, Operating EBITDA down 8.6%. Strong cash flow, cost savings on track. Dividend cut by 10%. 2026 EBITDA forecast: EUR 1,150-1,350M amid challenging market conditions.
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  11 March 2026

  Port of Rotterdam: Demand Uncertainty Delays Hydrogen Terminal Investments

  Investment in hydrogen terminals is stalled due to demand uncertainty, policy clarity, grid congestion, and infrastructure issues, with operations expected post-2030.
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  11 March 2026

  ABO Energy and Field Launch Waldkappel Battery Storage Facility

  The Waldkappel facility, with 16 MW output, stores energy for 10,000 homes. It features modular racks, enhancing installation speed and grid stability, supporting Europe's renewable energy goals.
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  11 March 2026

  WACKER Projects Modest Growth for 2026

  2025 sales fell 4% to €5.49B. EBITDA dropped 43% to €427M due to lower volumes, prices, and high energy costs. Project PACE aims to cut costs by €300M annually.
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  11 March 2026

  Uniper Meets 2025 Financial Targets, Proposes €0.72 Dividend

  Uniper's 2025 earnings fell from 2024, but it plans €5B investments and long-term gas contracts to boost supply security and growth.
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  10 March 2026

  RWE Sells Polish Offshore Wind Project to PGE

  PGE acquires 350 MW F.E.W. Baltic II project and Environmental Decision for site 44.E.1. RWE continues to support Poland's energy transition with onshore wind and solar projects.
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  10 March 2026

  Munich Airport Secures Wind Power from RWE

  Munich Airport's 10-year PPA ensures 40 GWh/year from RWE's Nordseecluster A wind farm, aiding its NetZero 2035 goal and cutting 13,000 tonnes of CO2 annually.
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  10 March 2026

  Covestro and Fraunhofer UMSICHT Launch Smart Pyrolysis Pilot for Foam Recycling

  A 2kt/year pilot plant will recycle polyurethane foam into high-purity aniline for MDI, reducing carbon footprint by up to 40%. Operational by 2028, it targets hard-to-recycle rigid foam.
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  9 March 2026

  MOL Group and JANAF Begin 10-Month Adria Pipeline Capacity Tests

  The Adria pipeline undergoes 10-month tests to assess transport performance, logistics, and capacity, involving international experts. Results aim to resolve capacity debates by 2027.
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  9 March 2026

  BASF Launches Low-Carbon BDO, THF, PolyTHF, and NMP Variants

  New product variants reduce carbon footprint by at least 10% using low-emission feedstocks, aiding customers in lowering emissions without changing processes.
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  7 March 2026

  Aurubis Hamburg Site Fatal Accident

  A deflagration during routine operations led to a fatality and minor injury. The fire was controlled, and authorities are investigating. No environmental threat occurred.
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  6 March 2026

  Silox Acquires BASF's Hydrosulfite Assets

  Silox strengthens its position in paper and textile industries by acquiring BASF's hydrosulfite assets, enhancing service to European customers and expanding global market presence.
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  6 March 2026

  Heidelberg Materials Closes Paderborn Cement Plant

  Due to declining demand, the Paderborn plant will close, affecting 53 jobs. Heidelberg offers internal transfers. Quarry and concrete operations remain. Ternocem production moves elsewhere.
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  6 March 2026

  Gasunie 2025 Report: Advancing Resilient and Sustainable Energy Systems

  Invested €1.2B in energy security and transition. Hydrogen, CO2 projects near completion. Net profit rose to €85M. Gas transport up, especially to power stations.
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  6 March 2026

  SPIE 2025 Annual Results

  Production rose 4.8%, EBITA up 11.4%, and free cash flow hit 524M euros. Nine acquisitions in 2025, two in early 2026. Leverage reduced to 1.3x.