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British chemical industry news
14 August 2025
LANXESS Responds to Market Challenges
Sales and EBITDA fell in Q2 2025. Debt reduced by 18%. Guidance lowered. Production network optimized for cost savings.
30 July 2025
Repsol and NEO Energy Complete Merger
The merger forms NEO NEXT, a major UKCS producer, leveraging operational and financial strengths for growth, resilience, and value creation.
17 July 2025
INEOS Invests £30M to Cut Hull Site Emissions by 75%
The Hull site now uses hydrogen, reducing emissions by 75%. This aligns with broader decarbonization efforts across UK and Europe, enhancing product sustainability and operational efficiency.
10 July 2025
Bayer's Lynkuet™ Approved in UK for Menopausal Vasomotor Symptoms
Lynkuet™ gains UK approval for treating menopausal symptoms, showing positive results in Phase III trials. Further approvals are sought in the US, EU, and globally.
8 July 2025
CO2 Pipeline Investment to Decarbonize UK Cement and Lime Industry
A £59.6M investment will develop a CO2 transport pipeline for the Peak Cluster project, aiding UK cement and lime decarbonization and supporting 13,000 jobs. Completion expected by 2028.
10 June 2025
LyondellBasell to Sell European Assets to AEQUITA
The sale includes olefins and polyolefins sites in France, Germany, UK, and Spain. Closing expected by mid-2026, pending consultations and regulatory approvals.
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7 May 2025
Ørsted Halts Current Hornsea 4 Offshore Wind Project
Rising costs and risks lead to project halt; future options under review. Expected financial impact: DKK 3.5-4.5 billion in 2025. EBITDA guidance remains unchanged.
20 March 2025
Grangemouth's £3.5 Billion Transformation Plan Unveiled
Nine pathways to renewables are proposed, aiming to create 800 jobs. Private investment is crucial, with SAF as a key focus. Challenges include high costs and new supply chain needs.
22 January 2025
LanzaJet Chooses Teesside for New SAF Facility
The new facility will produce 90,000 tonnes of SAF annually, cut emissions by 230,000 tonnes, create 30 jobs, and support the UK's energy transition and decarbonization efforts.
15 January 2025
EET Hydrogen and ENKA to Build UK's First Large-Scale Low Carbon Hydrogen Plant
The UK funds a 350MW hydrogen plant capturing 600,000 tonnes of CO2 annually, advancing decarbonization and economic growth in the North West.
13 January 2025
UK's Last Synthetic Ethanol Plant Closes
UK chemical industry struggles with high energy costs, job losses, and lack of new plants. Calls for government action on energy, emissions, and trade policies.
22 November 2024
Unite urges Labour to act on Grangemouth refinery closure plan
Unite proposes converting the refinery to a bio-fuels hub, preserving jobs and aligning with government policies, while urging government intervention against closure.
20 November 2024
Exolum Demonstrates Green Hydrogen Transport via LOHC in Existing Infrastructure
The project uses LOHC to store and transport hydrogen, funded by the UK government, aiming to meet 30% of the UK's 2030 hydrogen demand and support decarbonization efforts.
9 October 2024
LANXESS to Sell Urethane Systems to UBE Corporation
The sale, valued at €460M, includes 5 sites and 400 employees. Proceeds will reduce net debt. Transaction expected to close in H1 2025, pending regulatory approval.
12 September 2024
Grangemouth Petroineos Oil Refinery to Close in 2025: Focus on a Green and Industrial Transition
Closure impacts 400 jobs; £100M pledged for green projects. Focus on reskilling, clean fuels, and hydrogen. Other site operations remain.
2 September 2024
Technip Energies to design low-carbon hydrogen facility for bp in Teesside, UK
H2Teesside aims for 1.2 GW low-carbon hydrogen, capturing 2M tonnes CO₂ annually. It supports UK decarbonization, economic growth, and integrates with regional projects for a 2025 investment decision.
8 August 2024
CARBIOS and FCC Environment to Develop UK PET Biorecycling Plant
The project aims to use enzymatic depolymerization to recycle hard-to-recycle PET waste, supporting the UK's circular economy and enhancing waste management efficiency.
15 July 2024
Europe's First Hydrogen-Ready Power Plant to Support UK Decarbonisation at Stanlow Refinery
The plant will generate 125 MW of power, cut 740,000 tonnes of CO2 annually, and support regional decarbonisation. Completion is set for 2027, with significant investment in the North West of England.
3 July 2024
Exolum to Demonstrate LOHC Transport and Storage in Repurposed UK Infrastructure
The project, backed by UK funding, aims to prove LOHC transport and storage in repurposed oil infrastructure, advancing hydrogen logistics and supporting energy transition efforts. Completion by 2024.
28 June 2024
EuroAPI FOCUS-27 Plan: Job Cuts and Facility Divestments
The FOCUS-27 plan aims to boost competitiveness with €110-120M restructuring costs, €350-400M CAPEX, and €75-80M annual EBITDA by 2027, focusing on high-value APIs and strategic sites.
13 June 2024
Approval Granted for Hydrogen Facility in Hull
The £250M, 100MW facility will meet 30% of Saltend Chemicals Park's hydrogen demand, cutting CO2 emissions by 125,000 tonnes annually, aiding the UK's decarbonisation and economic growth.
4 June 2024
Green Lithium and EDF Partner for Low-Carbon Lithium Production in Teesside
The Teesside refinery will use green hydrogen to cut emissions by 75%, producing 50,000 tonnes of low-carbon lithium annually, aiding Europe's EV market and local decarbonization efforts.
29 May 2024
Mura and Elite Recycling Partner for Hydro-PRT Site in Teesside
A new feedstock supply contract will provide post-use plastic for a hydrothermal recycling facility, converting waste into reusable hydrocarbons and reducing carbon emissions.
14 May 2024
RWE to Build Green Hydrogen Plant in Grangemouth
The project will produce up to 3.6 tonnes of hydrogen per hour by 2029, aiding decarbonisation and supporting Scotland's net zero goals. Initial capacity is 200MWe, with potential expansion to 600MWe.
19 March 2024
INEOS to End Ethanol Production at Grangemouth in 2025
All staff to be redeployed. Decision follows reduced demand and import pressure. Consultations with employees and Trade Union to begin. Ethanol supply to continue from Herne, Germany.
7 March 2024
Mura Technology and Neste Sign Offtake Agreement for Teesside Recycling Site
Neste will convert products from Mura's Teesside site into new plastic feedstock. The HydroPRS™ process enables efficient recycling of mixed plastics, reducing fossil resource use and carbon footprint.
5 March 2024
Willis Sustainable Fuels Approved for SAF Refinery at Teesworks, UK
The Redcar and Cleveland Borough Council approved plans for a SAF refinery at Teesworks, with an annual capacity of 14 kilotons. The project received a £4.721M grant from the UK Department for Transport.
4 March 2024
Trafigura Acquires Greenergy
Trafigura acquires Greenergy's European business, enhancing its biofuels and fuel supply operations. The deal supports Greenergy's decarbonisation plan and market expansion.
22 February 2024
bp adopts BASF's carbon capture for Teesside hydrogen project
The Teesside project aims for 1.2GW blue hydrogen by 2030, capturing up to 99.99% CO2 with OASE® technology. It targets decarbonizing industry and heavy transport, with operations planned for 2028.
6 February 2024
MHI and Worley Secure FEED Contract for UK's First Cement CO2 Capture Plant
The Padeswood CCS project will capture and store up to 800,000 tons of CO2 annually, starting in 2028, as part of the HyNet CCUS cluster to support the UK's net zero carbon goal by 2050.
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