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25 August 2022
Yara Reduces European Ammonia Production
Due to high gas prices, ammonia capacity in Europe is cut to 35%. Annual reductions: 3.1M tonnes ammonia, 4M tonnes finished products. Global sourcing will help meet demand.
23 August 2022
Grupa Azoty Kędzierzyn Scales Down Fertilizer Production Due to High Gas Prices
Natural gas prices surged from EUR 72/MWh to EUR 280.50/MWh in six months, driven by geopolitical tensions. The company monitors raw material prices and production profitability for future decisions.
12 July 2022
Enagás to Invest €4.775 Billion in Energy Security and Decarbonisation
The 2022-2030 Strategic Plan focuses on gas and hydrogen infrastructure, innovation, international development, and renewable projects, aiming for 2-4% annual EBITDA growth and carbon neutrality by 2040.
29 June 2022
FREYR Battery Approves First Gigafactory in Norway
The gigafactory will have a 29 GWh capacity, supported by $1.6 billion in debt financing and Norwegian government backing, aiming for high efficiency and significant market impact by 2030.
23 March 2022
MOL Builds New Propylene Plant in Hungary
The new plant in Tiszaújváros will produce 100,000 tons of propylene annually, boosting self-sufficiency and creating jobs. It's part of a $4.5 billion investment to make the city a regional chemical hub.
15 January 2022
Unimot Group Signs Preliminary Deal to Acquire Lotos Fuel Terminals and Bitumen Plants
The acquisition will make Unimot the third-largest fuel storage and second-largest bitumen seller, doubling its workforce and potentially adding PLN 70-100 million in annual EBITDA.
News type
New Projects and Expansions
New Projects and Expansions
Project Updates and Milestones
Project Updates and Milestones
Mergers, Acquisitions, and Partnerships
Mergers, Acquisitions, and Partnerships
Innovation and Product Development
Innovation and Product Development
Operational Changes and Investments
Operational Changes and Investments
Sustainability and Environmental Initiatives
Sustainability and Environmental Initiatives
Financial Performance and Strategy
Financial Performance and Strategy
Executive Appointments and Governance Changes
Executive Appointments and Governance Changes
Regulatory and Compliance Updates
Regulatory and Compliance Updates
Workforce and Corporate Social Responsibility (CSR)
Workforce and Corporate Social Responsibility (CSR)
Crisis and Risk Management
Crisis and Risk Management
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6 December 2021
PCC Rokita and PCC Exol to Expand Production and Product Range in Poland
The investment, valued at PLN 351 million, aims to boost production capacity and sustainability, with completion by mid-2026. Plans include renewable energy projects and advanced production technologies.
4 November 2021
ORLEN Południe Starts Green Glycol Production in Poland
The new unit in Trzebinia produces 30,000 tonnes of eco-friendly glycol annually, covering 75% of domestic demand. It includes Poland's first hydrogen hub and creates several dozen jobs.
18 October 2021
Sunfire secures €109M to advance green hydrogen technology
The investment will scale advanced electrolysis technologies, build gigafactories, and boost green hydrogen production to decarbonize industries and meet climate goals.
27 July 2021
Jervois Mining Acquires Freeport Cobalt for $160M, Expands in Finland
The acquisition adds 6,250 mtpa refining capacity in Finland, enhances downstream expertise, and strengthens financials, positioning the company for growth and sustainability. Expected to close by August 2021.
2 July 2021
AIQBE 2020 Summary
Despite COVID-19, AIQBE added 2,565 jobs in 2020, contributing significantly to Huelva's GDP. Turnover was €6.9B, with 32% of production exported. Investments totaled €219M.
27 June 2021
Fortum Invests in Harjavalta Plant to Boost Battery Recycling Capacity
The new Harjavalta plant will enhance recycling of lithium-ion batteries, recovering critical metals and supporting sustainable battery production, creating 30 jobs and reducing carbon footprint.
9 June 2021
Northvolt Secures $2.75 Billion to Expand Swedish Gigafactory to 60 GWh
The funding will boost battery cell production, R&D, and recycling. Northvolt plans to build more gigafactories in Europe, with potential sites in Germany, to meet growing demand for electric solutions.
24 May 2021
PKN ORLEN Launches Major Petrochemical Project in Poland
The Olefins III Complex will boost energy efficiency, cut CO2 emissions, and increase production capacity by 60%. Completion is set for 2024, with production starting in 2025.
14 April 2021
Ercros to Double Sodium Chlorite Production in Sabiñánigo
The new line will boost capacity to 11,300 t/y by Q3 2022, targeting export markets. This aligns with the 3D Plan's focus on diversification, digitalisation, and decarbonisation.
15 February 2021
EFRA Project at Gdansk Refinery
The EFRA Project boosts product yield, modernizes refining, and increases margins. It secures financing, ensures market for new products, and enhances production flexibility and competitiveness.
14 February 2021
LANXESS to Acquire Emerald Kalama Chemical
LANXESS will acquire Emerald Kalama Chemical for USD 1.04 billion, enhancing its Consumer Protection segment and North American presence. The deal is expected to close in the second half of 2021.
11 February 2021
Metsä Group to Build Bioproduct Mill in Finland
The €1.6B investment will create 1,500 jobs, boost exports by €0.5B annually, and enhance sustainability. The mill will produce 1.5M tonnes of pulp and 2.0 TWh of renewable electricity per year.
2 January 2021
Ercros Unveils €69M 3D Plan for 2021-2025
The 3D Plan focuses on Diversification, Digitalisation, and Decarbonisation, with 20 projects aimed at sustainability, competitiveness, and meeting EU climate goals, investing €92M by 2029.
22 November 2020
Zijin Plans Over USD 3 Billion Investment in Serbia
Zijin plans to invest USD 1.26 billion in Serbia, with total investments exceeding USD 3 billion. Efforts include facility expansion, environmental protection, and improved workplace safety.
15 May 2020
Solvay's Composite Materials Efficiency Plan
The plan includes closing plants in Manchester and Tulsa, cutting 570 jobs, and saving €60M annually by end of 2020, to counteract COVID-19's impact on demand in the civil aircraft sector.
31 January 2020
BASF Acquires Solvay's Polyamide Business
The acquisition enhances BASF's polyamide capabilities, supply reliability, and market access in Asia and the Americas. It includes production sites, R&D centers, and joint ventures, adding 700 employees.
14 November 2019
CIECH S.A. Records Impairment for CIECH Soda Romania Assets, No Impact on Adjusted EBITDA
An impairment loss of PLN 36.8M was recorded due to halted steam supplies, affecting EBITDA and net results. Production stopped on Sept 18, 2019. Future decisions pending by year-end.
12 June 2019
Northvolt Raises $1 Billion for Europe's First Lithium-Ion Gigafactories
Northvolt plans a second gigafactory in Germany with Volkswagen. The European Investment Bank approved a $400M loan. Production at Northvolt Ett starts in 2021, with expansion to 32 GWh.
12 February 2019
AFYREN secures €60M for industrial development
The financing will fund the first plant's design and development, advancing bio-based acid production technology for markets like cosmetics, nutrition, and fine chemicals.
25 October 2018
Terrafame to Build Battery Chemicals Plant in Finland
The plant will produce EV battery chemicals, enhancing profitability and skill development. Investment costs EUR 240M, with funding from Finnish Minerals Group, Galena, Trafigura, and Sampo.
1 August 2018
AIQBE Companies' 2017 Economic Impact: €1.9 Billion
In 2017, AIQBE companies employed 9,558 people, invested €253.4M, and improved environmental metrics. They also promoted education and research through strong ties with local universities.
3 July 2018
INEOS Invests €2.7 Billion in New European Chemical Complex
A €2.7 billion project will build an ethane cracker and PDH unit in Northern Europe, leveraging US shale gas. Completion is expected in four years, enhancing self-sufficiency and supporting derivatives.
14 June 2018
Investment Steady at Industriepark Höchst
Tenants invested EUR 328M. New subsidiary expands services. Agreement on Seveso III Directive. UPM considers biorefinery. Revenue up, driven by energy and site services.
3 April 2018
Evonik to Close Hungarian Kaba Site
Production at the Kaba site will end by April 2018 due to market competition. Alternatives were explored, and supply remains assured. Redundancies will be managed with local authorities.
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