Swedish chemical industry news

• 3 October 2024

  Northvolt Cuts 1600 Jobs in Sweden

  Operations in Sweden are scaled back to focus on battery production, affecting 1,600 jobs. Support measures for impacted employees are in place, with ongoing union negotiations.
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  28 August 2024

  Lhyfe, OX2, and Velarion to Create 300MW Green Hydrogen Cluster in Ånge, Sweden

  The project in Ånge will combine wind power and green hydrogen to produce carbon-neutral products, including a green ammonia fertilizer plant, boosting local industry and job creation.
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  25 July 2024

  Södra Reports Stable Q2 Results and Strategic Investments

  Net sales rose 3% to SEK 7,527 million. Operating profit was SEK 398 million. Investments in kraft lignin and tannin production are planned, enhancing sustainability and profitability.
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  25 June 2024

  Södra to Lead Global Kraft Lignin Production in Sweden

  The new facility will produce kraft lignin, replacing fossil materials in various applications. The investment exceeds 2 billion SEK, with operations starting in 2027, supporting the green transition.
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  17 June 2024

  Södra to Produce Bark-Based Tanning Agent in Värö

  The new plant will produce eco-friendly tannins for leather processing by 2026, enhancing resource use and profitability. The patented process utilizes previously unused bark efficiently.
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  29 May 2024

  Asahi Kasei to Acquire Calliditas Therapeutics for SEK 11.8 Billion

  The acquisition will be executed through a voluntary tender offer, with major shareholders committed. It aligns with Asahi Kasei’s strategy to expand in healthcare, focusing on R&D and unmet medical needs.

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  31 January 2024

  Airbus and Partners Sign MoU for Hydrogen Aviation in Sweden and Norway

  The MoU aims to explore hydrogen infrastructure at airports, supporting decarbonization and net-zero emissions by 2050, covering over 50 airports in Sweden and Norway.
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  9 January 2024

  BASF and Stena Recycling Partner to Recycle EV Batteries in Europe

  The partnership aims to create a battery recycling value chain in Europe, focusing on high recovery rates of metals from lithium-ion batteries to support a circular economy for electric vehicle batteries.
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  16 November 2023

  Svensk Plaståtervinning Opens Advanced Plastic Sorting Plant in Sweden

  The new plant in Motala processes 42 metric tons per hour, recovering 12 plastic types with 98% purity. It aims for zero waste, downcycling, and emissions, leveraging advanced sorting and digital monitoring.
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  25 October 2023

  Fluor Secures FEED Contract for Sodium-Ion Battery Facility in Sweden

  Fluor will provide FEED services for the first industrial-scale sodium-ion battery facility in Sweden, with project management from its UK office. Completion is expected by early 2024.
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  24 August 2023

  Biokraft Launches World's Largest Bio-LNG Liquefaction Unit, Doubling Production Capacity

  The new plant in Södertörn delivered its first 34 tons of bio-LNG, enough for 50,000 km of truck travel. The project, costing SEK 330M, will enter regular production by year-end.
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  17 August 2023

  ABB and Northvolt to Electrify World's Largest Battery Recycling Facility

  The facility will process 125,000 tons of batteries annually, supporting Northvolt's gigafactory. ABB will provide electrification to enhance energy efficiency and sustainability. Operations start in 2023.
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  22 May 2023

  thyssenkrupp nucera and H2 Green Steel to Build Major Electrolysis Plant in Sweden

  The agreement secures over 700MW capacity for a large-scale electrolysis plant in Boden, Sweden, using alkaline water electrolysis technology to produce green hydrogen for steel production.
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  8 May 2023

  ABB, Lhyfe, and Skyborn to Develop Major Renewable Hydrogen Project in Sweden

  The SoutH2Port project in Sweden will produce 240 tons of hydrogen daily, powered by offshore wind, aiding decarbonization and creating jobs. ABB will optimize integration with automation and digital tech.
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  30 March 2023

  Stena Recycling Opens Battery Recycling Plant in Sweden

  The new facility recycles 95% of EV batteries, with a capacity of 10,000 tons annually. It aims to scale up as demand grows, fostering industry cooperation for a circular economy.
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  12 January 2023

  Europe's Largest Rare Earth Deposit Found in Sweden

  The Kiruna deposit holds over one million tonnes of rare earth oxides, crucial for electric vehicles and wind turbines. Mining could start in 10-15 years, addressing Europe's supply and geopolitical challenges.
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  20 December 2022

  EU Innovation Fund Grants EUR 97 Million to Project Air for Swedish Green Chemistry

  Project Air will build a sustainable methanol facility in Sweden, reducing CO2 emissions by 500,000 tons annually. The project uses CO2, biogas, and renewable energy, with a total investment of EUR 255 million.
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  12 October 2022

  PCG Completes Perstorp Acquisition

  The acquisition enhances PCG's growth in specialty chemicals, aligns with sustainability goals, and aims to expand Perstorp's presence in Asia Pacific while advancing green projects like Project Air.
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  21 September 2022

  EU Commission Approves €5.2 Billion for Hydrogen Project "IPCEI Hy2Use"

  The project supports hydrogen infrastructure and technology, involving 35 projects across 13 Member States, with completion by 2036. It aims to boost renewable hydrogen supply and reduce natural gas dependency.
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  29 August 2022

  MetaboGen and BioGaia Open Pilot Plant for New Bacterial Strains in Sweden

  The new pilot plant in Eslöv will enable controlled fermentation and manufacturing of next-gen probiotic strains, supporting clinical studies and product development for commercialization.
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  16 August 2022

  St1 to Build Biogas Refinery in Borås, Sweden

  Construction starts in autumn, with operations by end of 2023. The project, supported by Klimatklivet, will upgrade and liquefy biogas from food waste and sewage sludge for distribution in the Nordics.
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  3 May 2022

  Altris to Produce Cathode Material in Sandviken, Sweden

  The new facility, Ferrum, will produce 2000 metric tonnes of sustainable sodium-ion battery cathode material annually, with production starting in early 2023.
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  15 April 2022

  Borealis Launches Project to Boost Chemically Recycled Feedstock in Sweden

  A feasibility study for a chemical recycling unit in Stenungsund, Sweden aims to enhance plastics circularity by integrating chemically recycled feedstock, with operations expected to start in 2024.
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  8 April 2022

  Lhyfe and wpd Partner for Green Hydrogen Production at Swedish Offshore Wind Farm

  The project will produce green hydrogen using offshore wind power in Söderhamn, Sweden, aiming for 600 MW capacity and 240 tonnes daily output, enhancing local industry and supporting climate goals.
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  1 April 2022

  EU Grants 180 Million EUR to Stockholm Exergi's BECCS Project

  The BECCS plant will capture 800,000 tonnes of CO2 annually, aiding net zero goals. Funding includes EU support, Swedish state, and Carbon Removal Certificates. Full financing is targeted by 2023.
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  1 April 2022

  HYBRIT Secures EU Innovation Fund Support

  HYBRIT receives €143M from the EU Innovation Fund to demonstrate a hydrogen-based iron and steelmaking value chain, aiming to reduce emissions and advance fossil-free steel production.
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  25 March 2022

  Northvolt to Convert Kvarnsveden Paper Mill into Gigafactory

  The new gigafactory in Borlänge, Sweden, will start operations in late 2024, employ up to 1,000 people, and produce over 100 GWh of cathode material annually using 100% clean energy.
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  10 March 2022

  EU Innovation Fund Awards Climate Action Projects

  The EU Innovation Fund selected 7 projects for EUR 1.1 billion in grants to advance technologies in energy-intensive industries, hydrogen, renewable energy, and carbon capture.