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Mergers, Acquisitions, and Partnerships news
(page 57)
15 March 2023
TotalEnergies and Paprec Launch Advanced Plastic Film Recycling in France
A new agreement secures waste supply for an advanced recycling plant in Grandpuits, set to process 15,000 tons annually by 2024, producing recycled plastics with properties of food-grade virgin plastics.
13 March 2023
LyondellBasell to Acquire Mepol Group
The acquisition enhances sustainable solutions, combining expertise in recycled compounds. Regulatory approval pending. Mepol will operate independently until closing.
16 February 2023
SUEZ, Loop Industries, and SK Geo Centric to Build Recycled PET Plant in France
The new facility in Saint-Avold, France, will produce 70,000 metric tons of recycled PET annually, creating 200 jobs and reducing CO2 emissions by 255,000 tonnes. Construction starts in 2025.
8 February 2023
LyondellBasell and KIRKBI Invest in APK for Recycling Technology
The investment aims to enhance solvent-based recycling for LDPE, increasing recycling of multi-layer packaging and supporting a circular economy with high-quality recycled materials.
1 February 2023
Engie and Equinor Complete H2BE Feasibility Study in Ghent
The 1 GW H2BE hydrogen project at Rodenhuize in Ghent moves to the next development phase, with over 20 potential off-takers and support from investment funds and Belgian authorities.
17 January 2023
Vulcan and Stellantis Partner on Geothermal Energy for German Plant
The project aims to decarbonize the Rüsselsheim plant by 2025, producing clean electricity and heat. It includes a pre-feasibility study, with funding support from the local government.
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17 January 2023
PureCycle to Build First European Recycling Plant in Belgium
The new plant in Antwerp-Bruges' NextGen District will recycle 59,000 metric tons of polypropylene annually, with potential expansion. Construction starts post-permitting in 2024, creating 65-70 jobs.
12 January 2023
Borealis Acquires Majority Stake in Renasci's Ostend Facility
The acquisition boosts access to chemically recycled feedstock, enhancing the portfolio of recycled products and supporting circular economy goals with Renasci's Smart Chain Processing technology.
5 January 2023
Germany and Norway to Build Hydrogen Pipeline
Germany and Norway will strengthen their energy partnership, aiming for a hydrogen supply by 2030. A joint feasibility study will assess the technical and economic viability of the project.
4 January 2023
LANXESS and TotalEnergies Partner on Sustainable Styrene
They will supply biocircular styrene from tall oil for sustainable ion exchange resins, certified by ISCC PLUS. This supports their climate-neutral goals and customer demand for low-carbon solutions.
22 December 2022
Polimery Police Nears Completion with First Propane Delivery
The first 22,000 tonnes of propane have been delivered to the new gas terminal in Police, Poland, marking a key milestone in the final phase of the Polimery Police chemical complex project.
19 December 2022
Lhyfe and Schaeffler to Build Green Hydrogen Plant in Germany
The plant will produce up to 15 MW of green hydrogen, aiming for climate-neutral production by 2030. It will supply 3.7 tons daily to the region, including municipalities and hydrogen filling stations.
12 December 2022
EU Funds Awarded for Antwerp@C CO2 Export Hub
The EU granted €144.6M for building CO2 transport and export facilities at Antwerp port, aiming to halve CO2 emissions by 2030 with an initial capacity of 2.5 Mtpa, scalable to 10 Mtpa.
9 December 2022
200 MW Renewable Hydrogen Hub Planned in Meirama, Spain
A 200 MW renewable hydrogen plant in Meirama will start with 30 MW in 2025, supplying local industries and reducing carbon footprint, promoting sustainable economic growth in Galicia.
7 December 2022
Röhm to Acquire Sabic's Functional Forms Business
The acquisition will enhance Röhm's portfolio with polycarbonate sheets and films, boosting its market position. Expected to close in H1 2024, pending regulatory approvals and consultations.
1 December 2022
INEOS Acquires ASHTA Chemicals from Bigshire Mexico
The acquisition includes a 100ktpa KOH/65kte Chlorine plant in Ohio. ASHTA becomes INEOS KOH, continuing to serve markets like fertilizers, de-icers, and pharmaceuticals.
30 November 2022
PKN ORLEN and Aramco Finalize Three Transactions in Poland
The deals involve refining, wholesale, and plane fuel businesses, with Aramco supplying 45% of crude oil. A joint development agreement for a potential Gdansk project was also signed.
28 November 2022
Maire Tecnimont Secures €80M EPCM Contract at Corinth Refinery
The €80M contract involves engineering, procurement, and construction management for a new C3 splitter unit to produce polymer-grade propylene at the Corinth Refinery in Greece.
28 November 2022
Soltec and Endesa to Open Solar Tracker Factory in Teruel, Spain
The new factory will create 40 permanent jobs, supporting local economic growth. The initiative aligns with EU production strategies and follows years of collaboration on renewable energy projects.
22 November 2022
Air Liquide and TotalEnergies to Produce Renewable Hydrogen at Grandpuits
Investing €130M, a new hydrogen unit at Grandpuits will use biogas and carbon capture to cut CO2 emissions by 150,000 tonnes annually, aiding sustainable aviation fuel production and carbon neutrality goals.
17 November 2022
Air Products and Mabanaft to Build Green Energy Terminal in Hamburg
The terminal will import green ammonia, convert it to hydrogen, and distribute it across northern Germany, supporting the energy transition and decarbonization efforts. Completion is targeted for 2026.
17 November 2022
Circularise secures €11M funding from Brightlands, Asahi Kasei, Neste, 4impact
Circularise will use the funds to advance its blockchain-based digital product passports and mass balance bookkeeping software, supporting the shift to a circular economy in industrial supply chains.
14 November 2022
NeoGreen Portugal to Launch Green Hydrogen Facility in Sines
A €1B investment will establish a 500MW+ electrolyser project in Sines, supported by the Portuguese government, aiming to advance the National Strategy for Hydrogen and attract global investments.
10 November 2022
Vision Energy and Linde Engineering Partner on Green Energy Terminal in the Netherlands
They've signed an agreement to accelerate engineering for a Green Energy Terminal in Vlissingen, focusing on hydrogen carriers, renewable energy, and low-carbon fuels, aiming for completion by Q3 2023.
8 November 2022
LKAB Acquires Major Stake in REEtec, Strengthens Nordic Rare Earth Industry
A new factory in Norway will use innovative, sustainable technology to process rare earth elements, boosting European self-sufficiency and reducing reliance on China. Production starts in 2024.
31 October 2022
INEOS and Plastic Energy to produce 100,000 tonnes of recycled raw materials in Köln
The new plant in Köln will use advanced recycling to convert plastic waste into virgin-quality polymers, reducing emissions and supporting a circular economy. Production starts by end of 2026.
18 October 2022
Cellforce Group Advances Sustainable Battery Production in Europe
The new facility near Reutlingen will develop high-performance battery cells, enhance e-mobility, and create jobs. It features sustainable practices and significant government funding.
13 October 2022
TotalEnergies and Indaver Sign Agreement for Recycled Petrochemical Feedstock
The agreement involves purchasing petrochemical feedstock from recycled mixed polyolefins waste, processed into high-quality circular polymers suitable for demanding applications, including food-grade packaging.
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.
11 October 2022
Cepsa and Port of Rotterdam to Create Europe's First Green Hydrogen Corridor
The corridor will decarbonize industry and maritime transport, support EU energy independence, and is expected to be operational by 2027, with plans for further expansion from Huelva.
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