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Romanian chemical industry news
22 January 2026
Iberdrola Sells Hungarian Wind Assets for €171 Million
Iberdrola sold 158 MW of wind capacity in Hungary, aligning with its strategy to focus on core businesses and key markets like the US and UK.
21 January 2026
BEH Joins Han Asparuh Exploration Venture
BEH acquires 10% in Han Asparuh offshore venture. Exploration drilling began in Dec 2025. Potential economic benefits include GDP growth and enhanced energy security for Bulgaria.
19 January 2026
MOL Group to Acquire Majority Stake in Serbian NIS
MOL to gain control of Serbia's sole refinery, enhancing its Central and Southeastern European market presence. Transaction awaits regulatory approvals, aims for completion by March 2026.
19 January 2026
MOL Acquires Majority Stake in Serbian NIS
MOL to gain control of Serbia's sole refinery, enhancing its Central and Southeastern European market presence. Transaction awaits regulatory approvals, with completion aimed by March 2026.
19 January 2026
Rompetrol Energy's Petromidia Cogeneration Plant Now Operational
The Petromidia cogeneration plant is operational, enhancing energy infrastructure, reducing costs, and supplying electricity and steam to the refinery and National Energy System.
22 December 2025
OMV Petrom and CE Oltenia Begin 550 MW Solar Park Construction
The solar parks will power 410,000 homes by 2026, with a EUR 400M investment. 70% is funded by the Modernisation Fund. 200 mining technicians retrained for renewable energy roles.
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17 December 2025
OMV Petrom Launches New Sulphur Recovery Unit at Petrobrazi
The new unit, a 45 million euro investment, enhances environmental performance and operational flexibility, processing diverse crude oils and supporting gas treatment at Petrobrazi.
15 December 2025
OMV Petrom Begins Offshore Exploration in Bulgaria's Han Asparuh Block
Exploration drilling in Bulgaria's Han Asparuh block starts with two wells, costing €170M, using advanced tech and safety standards, aiming to enhance regional energy security.
15 December 2025
BASF and OQEMA Partner for Distribution in Central and Eastern Europe
The partnership covers polymer dispersions and additives, leveraging OQEMA's network for fast delivery and technical support, focusing on quality, reliability, and sustainability.
10 December 2025
OMV Petrom Advances Romania's Energy Security
Neptun Deep progresses for 2027 gas. Anaconda-1 drilling follows. Onshore exploration continues. Production licenses extended 15 years.
27 November 2025
Rompetrol Rafinare Q1-Q3 2025 Performance
Processed 4.61M tons raw materials, $4.44B turnover, $175M EBITDA, -$20M net result. Calls for fiscal reforms. 1.4B state contribution. 1,206 sales points.
18 November 2025
Vega Ploieşti Refinery: 120 Years of Operation
Vega, a key player in Romania's industry, evolved from crude oil processing to niche production, supplying bitumen, hexane, and solvents, adapting to market changes over 120 years.
10 November 2025
Rompetrol Rafinare's Ecological Rehabilitation of Vega Refinery Lagoons
The project neutralizes emissions, protects water, and restores ecosystems, using efficient treatment to transform acidic tars into inert waste, ensuring compliance with environmental standards.
7 November 2025
MOL Group Revises 2025 EBITDA Guidance Amid Strong Q3 Results
Q3 profit stable at USD 503 mn. Upstream steady, downstream boosted by refining margins. Consumer Services grew, Circular Economy Services faced seasonal challenges. Guidance reviewed.
7 November 2025
MOL Group Q3 2025 Earnings Report
Profit before tax stable at USD 503 mn. Upstream steady, downstream improved, consumer services grew. Circular economy services faced challenges. Transformation strategy continues.
6 November 2025
Brenntag Announces Exclusive Distribution Deal with ADM
The agreement focuses on soy-based ingredients for Eastern Europe, Saudi Arabia, and UAE, enhancing Brenntag's regional reach and ADM's market growth.
6 November 2025
ENGIE 9M 2025 Financial Results
Strong earnings and cash flow; FY 2025 guidance at upper range. Growth in renewables, PPAs, and flexible assets. EBIT down 7.3% due to lower energy prices. Solid balance sheet maintained.
4 November 2025
Holcim Secures EU Funding for Romania's First CCS Cement Project
The project will produce 2 million tons of near-zero cement annually from 2032, using CCS technology, boosting sustainable growth and creating jobs in Romania.
30 October 2025
KazMunayGas 9M 2025 Trading Update
Oil and gas production rose by 10%, while transportation fell by 1.1%. Hydrocarbon processing increased by 11.7%. Notable growth at Tengiz and Karachaganak; slight decline at Kashagan.
29 October 2025
OMV Boosts Q3 2025 Clean CCS Operating Result by 20% to EUR 1.3 Billion
Fuels and Chemicals drive growth; Energy segment declines. Cash flow up 7%, leverage at 16%. Progress on Borouge Group and Neptun Deep project.
27 October 2025
Rompetrol Rafinare Advances Storage Capacity Investment
Rompetrol Rafinare upgrades tank farms, boosting storage by 20% and enhancing safety and efficiency at Petromidia refinery.
6 October 2025
OMV Updates Dividend Policy, Focuses on Growth Investments by 2030
OMV targets sustainable growth, boosts cash flow, and enhances shareholder returns, while aiming for net-zero emissions by 2050.
16 September 2025
Keynote by President von der Leyen at 'One Year After the Draghi Report' Conference
Von der Leyen highlights Europe's progress in innovation, AI, energy independence, and clean tech, emphasizing the need for continued investment and reducing dependencies.
11 September 2025
Momentive Expands European Distribution with Safic-Alcan Partnership
Safic-Alcan will distribute Momentive's silicone elastomers in France and Eastern Europe, enhancing market reach and supporting innovation, performance, and sustainability.
1 September 2025
Petromidia Offshore Terminal Turnaround Completed by KMG International
Midia Marine Terminal completed a 10-day maintenance, replacing critical hoses and ensuring uninterrupted crude supply to Petromidia refinery, despite challenging weather conditions.
31 July 2025
OMV Reports EUR 5.79 bn Sales in Q2 2025
Q2 2025: Strong chemical results, low leverage, ongoing Borouge integration, and green hydrogen projects. Energy segment hit by lower oil prices; Fuels & Feedstock affected by shutdowns.
15 May 2025
Rompetrol Rafinare Q1 2025 Operational Growth
Turnover rose 21% to $1.3B, despite a 30% EBITDA drop. Fuel sales grew, exports hit $407M, and state contributions increased to $372M. LDPE plant restarted, boosting petrochemical output.
19 February 2025
OMV Petrom Begins Sustainable Fuels Unit at Petrobrazi
The new unit will produce SAF and HVO, cutting CO₂ emissions by 65%. A €750M investment includes green hydrogen facilities, supporting energy transition and sustainable mobility.
30 July 2024
ICIG Acquires Clariant's Bioethanol Plant in Romania
The site will be run by Corden BioChem, expanding its fermentation capacity. ICIG plans significant investments and will rehire many former employees.
11 June 2024
OMV Petrom Invests EUR 750 Million to Produce Sustainable Fuels in Southeast Europe
Investing EUR 750 million, a new plant will produce 250 kt/year of sustainable fuels by 2028, including SAF, HVO, and green hydrogen, reducing CO2 emissions by at least 70%.
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