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Mergers, Acquisitions, and Partnerships news
(page 66)
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.
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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.
4 October 2022
TotalEnergies and Holcim Partner to Decarbonize Belgian Cement Plant
The partnership aims to fully decarbonize a cement plant in Obourg, Belgium, using CCUS technologies, renewable energy, and green hydrogen to capture and utilize 1.3 million metric tons of CO2 annually.
4 October 2022
Cellforce and Dürr Establish Mass Production for Electrode Coating in Germany
A new high-tech facility in Bietigheim-Bissingen enables simultaneous double-sided electrode coating, enhancing speed, precision, and quality for high-performance battery cells.
1 October 2022
Grandpuits Zero-Crude Platform by 2024
The Grandpuits site will convert biomass to biofuels, produce bioplastics, recycle plastic waste, and generate solar power, aiming for net-zero emissions and no layoffs by 2024.
30 September 2022
FREYR Battery Partners with HENT for Giga Arctic Facility Construction
HENT will plan, manage, and construct a 120,000 sq. meter battery factory in Mo i Rana, Norway, focusing on sustainability and safety, marking phase two of the Giga Arctic project.
29 September 2022
Nouryon to Acquire ADOB Fertilizers in Poland
The acquisition will expand Nouryon's crop nutrition offerings. ADOB, a leader in water-soluble fertilizers, brings strong technology and innovation. The deal is expected to close by year-end 2022.
28 September 2022
Yara Tests Hystar’s PEM Electrolyser for Efficient Green Ammonia Production
The HyPilot project will test a 1 MW PEM electrolyser at Kårstø, aiming to enhance green hydrogen production efficiency for green ammonia, with results expected to lower costs and support decarbonization.
26 September 2022
TotalEnergies and SARIA Partner to Produce Sustainable Aviation Fuels
The agreement secures feedstock supply for SAF production at Grandpuits, boosting capacity by 25%. The project aligns with TotalEnergies' net-zero goals and awaits regulatory approval.
23 September 2022
Iberdrola and Solvay Partner for Green Electricity in France
A 172-hectare solar plant will supply green electricity to Solvay's Tavaux and Saint Fons plants, producing 75 GWh/year. The project supports local economy and aims for carbon neutrality by 2025.
22 September 2022
Iberdrola and Foresa to Lead Green Methanol Production in Galicia
The Green UMIA project in Caldas de Reis will produce 2,900 tons of renewable methanol annually, cut 58,000 tons of CO2 in 10 years, and create 900 jobs during construction and 265 during operation.
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.
19 September 2022
ADM Opens New Soy Protein Extrusion Facility in Serbia
The new facility in Serbia boosts non-GMO soy protein production, meeting high demand in Europe and supporting the growing meat alternatives market in the EMEA region.
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