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Spanish chemical industry news
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).
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
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
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.
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
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
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.
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.
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.
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.
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
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.
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.
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.
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
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
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%
8 April 2026
BASF at Techtextil 2026 — Practical textile solutions
At Techtextil 2026: showcases include mass‑balanced & biocircular polyamides, loopamid recycling, advanced binders and resins, and stretchable, PFAS‑free microporous TPU membranes.
2 April 2026
FDA approves Lilly's Foundayo (orforglipron), oral GLP‑1 for anytime dosing
Oral GLP‑1 produced ~12% mean weight loss (~27 lb) at 72 weeks in Phase 3. Available via direct home delivery with low‑cost copays; carries thyroid tumor and GI side‑effect warnings.
2 April 2026
ABO Energy Advances International Projects
Sold rights to 63 MW wind project in New Brunswick (with PPA); signed Owner’s Engineering for 64.86 MWp Belorado I solar in Spain; received final payment for sold 200 MW Colombian solar project.
31 March 2026
Gestamp signs 10-year renewable PPA with Iberdrola for 660,000 MWh
Supply of 100% renewable power (80% wind/20% solar) from 34 MW capacity at fixed competitive price; supports electrification and decarbonisation of the auto supply chain. Certificates of origin.
30 March 2026
Itabus fleet adopts Enilive HVO
Entire 100-vehicle fleet runs on HVO made from waste, cutting CO2eq by 79.5%. In 2025 it logged 20M km, used over 3M L HVO (53% avg, 75% peak in Dec).
30 March 2026
UBE obtains food-contact approval for UBECycle recycled PE/PA films
Accredited migration testing plus RecyClass‑certified recycling (following Paulowsky acquisition) confirm regulatory compliance and open use of mechanically recycled PE/PA in regulated packaging.
30 March 2026
Eneve acquires Nemon to enter Iberian market
Acquisition opens Iberian market, adds 30 specialists, supports 100+ suppliers, expands platform with software for billing, forecasting, market comms and trading; integration under way
23 March 2026
Ercros: EcoVadis Gold, 85/100
Ranks in the 98th percentile; environment & ethics 91, labour & human rights 90. Advanced management, many KPIs provided; 100/100 for endorsements, measures and certifications
20 March 2026
Moeve and Naturgy double savings on fuel, gas and electricity
14-day promo (Mar 24–Apr 6): registered users save 10–67¢/L (app + card + Multienergy combos); two 42L fills yield €8–56; professionals get extra 5¢/L.
19 March 2026
Plastic Energy powers start-up of TotalEnergies' Grandpuits advanced recycling plant
New 15,000 t/yr advanced recycling plant now producing TACOIL from hard-to-recycle plastics, feeding petrochemical sites to make high-quality, food- and medical-grade plastics.
18 March 2026
thyssenkrupp nucera to supply 300 MW electrolyzers for Moeve’s Onuba green-hydrogen plant
First phase in Huelva, Spain, will yield ~45,000 t/yr green H2; FID taken Mar 2026. Expected CO2 savings ~250,000 t/yr; part of a scalable Andalusian Green Hydrogen Valley linking to EU industry
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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