Spanish chemical industry news

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  27 May 2026

  Iberdrola opens Spain’s largest battery (58 MW / 120 MWh) at Campo Arañuelo

  Two LFP battery systems paired with adjacent solar plants store renewable energy for peak demand, enhancing grid stability and supporting electrification and renewables integration.
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  26 May 2026

  Repsol opens 200,000 t/year renewable diesel plant in Puertollano

  €130M plant converts waste oils into renewable diesel for road, truck and ship use, avoiding ~700,000 tCO2/yr lifecycle; uses renewable H2 (€16M), enables SAF, jobs and circularity.
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  22 May 2026

  EU awards €400m to 65 projects to decarbonise industrial heat

  Across 10 EEA countries, projects deploy heat pumps, resistance, solar thermal and hybrids in sectors like pulp, steel, glass and food - avoiding 6.6M tCO2 over 10 years. Grant deals expected H2 2026.
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  21 May 2026

  EIF commits €200m to Copenhagen Infrastructure Partners' Advanced Bioenergy Fund II

  €200m backing to scale biomethane in Europe via greenfield anaerobic‑digestion plants converting agricultural waste; fund targets €1.5bn and aims to strengthen energy security.
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  19 May 2026

  Novo Nordisk: Semaglutide shows hepatic safety and efficacy in MASH

  ESSENCE subgroup analyses (menopause, Japanese) and real-world data show broad benefit across populations, highlight severe underdiagnosis, reduced quality of life and rising healthcare costs
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  19 May 2026

  Statkraft to invest NOK 80bn in Norwegian hydropower over 10 years

  Half for major maintenance; rest for upgrades, new capacity and wind repowering. Nationwide dam reinforcements, turbine and tunnel refurbishments; projects need permits and profitability

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  15 May 2026

  Ercros Q1 2026: €13.6m loss

  Q1: contribution €52m; adj. EBITDA −€1m; liquidity €45m. Weak demand, high energy costs, non‑EU competition. Bondalti bid 77.23% accepted. New board aims to delist, restore profitability, integrate
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  15 May 2026

  EnviTec Biogas: solid 2025; regulatory setbacks dent 2026, growth expected from 2027

  Total output +6.8% to €376.4M; revenues -7.4% to €312.6M; EBT €26.0M (prev €44.0M) after ~€8M provision; dividend suspended. 2026 guidance: revenues €330–370M, EBT €5–15M.
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  14 May 2026

  Repsol: Refining is strategic for Spain and Europe

  Chairman urged removing investment barriers and securing supply amid Iran crisis. CEO forecasts 6–9% DPS growth to 2028, 30–40% of CFO for returns; AGM ok'd dividends, €350m buyback
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  14 May 2026

  Iberdrola begins commissioning Tâmega wind‑hydro complex

  Tâmega Norte enters commissioning as the Iberian Peninsula's first grid-connected wind‑hydro hybrid: 195 MW (27×7.2 MW), ~414 GWh/yr; €346M for both farms; >230,000 t CO2/yr avoided.
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  11 May 2026

  Sumitomo Corporation: Noirmoutier 500 MW Offshore Wind Farm in France Begins Commercial Operation

  Construction complete; commercial operation started. 12 km offshore; ~25‑yr life. Annual output ≈ supply for 800k users. Power sold under long‑term fixed‑price PPA; financed via syndicated loan.
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  7 May 2026

  ALTTION joins AIQBE as strategic ally

  Offers industrial protection services: anti-corrosion, passive fire protection, rope access, turbine maintenance and automation; will share solutions and best practices in technical forums.
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  7 May 2026

  Moeve Q1 2026 Clean CCS EBITDA €506m, ramps Spain energy-transition capex

  Q1 net income €147m; capex €272m (69% to energy transition); operating cash flow €283m; FID for 300MW Andalusian green hydrogen; non-binding talks with Galp; net debt €2.56bn (1.6x).
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  7 May 2026

  EU awards €1.09bn to nine hydrogen projects via European Hydrogen Bank

  Selected projects across seven EEA countries will add ~1.1 GW electrolyser capacity, produce >1.3 Mt H2 over 10 years, avoid ~9 Mt CO2e; premiums €0.57–€3.49/kg; Spain/Germany add €1.7bn
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  5 May 2026

  Iberdrola upgrades Valdecañas pumped storage, adding 355 MW and 210 GWh

  Valdecañas pumped-storage started pumping, linking Alcántara and Valdecañas reservoirs into a gigabattery with a hybrid battery, aiding renewables integration, grid stability and flood control
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  4 May 2026

  DOMO Engineered Materials acquired by Lone Star Funds; TECHNYL® included

  Fund affiliate buys engineered materials unit: three EU plants, global subsidiaries, IP/brand, sales, application center and masterbatch ops; Belle Étoile excluded; leadership continuity planned.
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  1 May 2026

  LyondellBasell sells select European polymers assets to AEQUITA

  Sale of select European olefins and polyolefins sites in Berre, Münchsmünster, Carrington and Tarragona closes; APS stays in Tarragona. Divested unit renamed Velogy to sharpen portfolio and capital
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  30 April 2026

  Symrise expands Food & Beverage capabilities in Barcelona

  Upgraded site adds powdered production and large-scale mixer, modern application and quality labs for faster prototyping, smoother scale-up, local technical support, and solar/water reuse.
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  29 April 2026

  ROSI raises €20m+ to scale PV recycling in Europe

  €20M+ plus EU grants to fund industrial expansion: 10,000 t/yr solar-panel recycling plant in Spain, scalable automated line, new production director appointed, recycling partnership renewed
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  27 April 2026

  Galp Q1 2026 Results

  Strong Q1 with €943m RCA EBITDA, Upstream €685m; net income €272m; OCF €713m; FCF €47m; net debt stable at €1.3bn; Namibia exploration & Moeve merger progressing.
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  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.
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  24 April 2026

  Ercros' Mónica Viloria appointed president of Catalan Transport Users' Council

  Mónica Viloria will serve a four‑year term as president, aiming to strengthen the council as a shippers' forum on transport, logistics and customs and boost business competitiveness.
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  24 April 2026

  Kemira Q1 2026: Revenue and Profitability Down; Performance Actions Accelerated

  Q1 revenue and margins fell due to weak demand, pricing and FX; volumes stable. Operative EBITDA down; operating cash flow improved. Outlook unchanged; cost and pricing measures accelerated.
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  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
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  21 April 2026

  Statkraft completes Montes de Cierzo repowering with 98% waste recovery

  44 ageing turbines replaced by 10 new units; capacity rises from 60 to 90 MW and output to 300 GWh/yr. 14.26 MW (28.51 MWh) batteries added. €5M local co-investment; full repower by 2027.
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  16 April 2026

  Lilly ACHIEVE‑4 confirms Foundayo cardiovascular safety and cardiometabolic benefits

  ACHIEVE-4: Foundayo non-inferior vs insulin glargine for MACE-4 (HR 0.84); improved A1C (-1.6 vs -1.0) and weight (-8.8% vs +1.7%) at 52 wks; 57% lower all-cause death; GI AEs; FDA filing planned.
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  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.
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  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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  12 April 2026

  GSK Mo‑Rez (B7‑H4 ADC) achieves 62% ORR in platinum‑resistant ovarian and 67% in endometrial cancer

  BEHOLD-1 phase I: Mo-Rez (B7-H4 ADC) active across expression levels; manageable hematologic toxicity and nausea. 5.8 mg/kg recommended; five Phase III trials planned 2026
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  9 April 2026

  Galp acquires 351 MW Spanish onshore wind portfolio

  17 operational wind assets (avg COD 2009) producing ~750 GWh/yr; equity value ~€320m, expected close 2Q26; raises renewables to 2 GW and wind share to ~25%