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New Projects and Expansions news
(page 2)
13 August 2026
BioBTX (Covestro-backed) to produce BTX aromatics from mixed plastic waste
First commercial ICCP plant in Delfzijl will process 20,000 t/yr mixed plastic into ~10,000 t/y BTX aromatic oil and ~8,000 t/y by-products, cutting GHG 70–80%.
12 August 2026
Vaca Muerta oil resources increased 89% to 30,170 million barrels
IAPG study attributes revision to larger prospective area, thicker pay and higher recovery factor; export infrastructure and an incentives regime improve development conditions.
12 August 2026
Saipem signs €500m LNTP with Sonatrach for Phase 1 of Algeria PPI
Limited Notice to Proceed for Phase 1 of Algeria’s integrated phosphate-to-fertiliser complex, covering early works, FEED completion, long‑lead procurement and local partnerships.
12 August 2026
Saipem wins ~$1.8bn offshore EPCI contract in Middle East
Offshore EPCI contract in the Middle East worth about $1.8bn, covering offshore and subsea facilities and leveraging regional vessels and engineering capabilities.
12 August 2026
PureCycle and IPL Schoeller launch SnapPack Square EVO container line
Off‑the‑shelf tamper‑evident containers use 20% recycled polypropylene to help brand owners meet New Jersey recycled‑content rules and upcoming EPR deadlines.
12 August 2026
SONATRACH and AFC award EPCs for Integrated Phosphate Project Phase 1
Contracts cover fertilizer plants at Bled El Hadba and Oued El Keberit and port works at Annaba; project spans mining, fertilizer production and export infrastructure.
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12 August 2026
PM Jetten visits Port of Rotterdam Authority at Maasvlakte
Inspected a container terminal, discussed hundreds‑million‑euro investment plans and constraints with industry, and toured Shell’s Holland Hydrogen 1 green‑hydrogen facility.
12 August 2026
Worley receives K+S 2025 Large Project Contractor Safety Award for Saskatchewan cogeneration project
Recognition for safety performance on a cogeneration build whose scope included construction, commissioning and startup; units will supply steam and power for future production.
12 August 2026
Bilfinger Q2 2026 financial results
Revenue rose 7% to €1,450m while orders fell 16% to €1,498m; EBITA margin 5.3%. Outlook confirmed: revenue €5.4–€5.9bn, FCF €250–€300m (includes Teknokon).
12 August 2026
Boliden: Laver concession upheld after appeals rejected
Government rejected appeals, keeping the Laver concession intact; the deposit could double Sweden’s copper output and boost Europe’s copper self-sufficiency by about 10%.
12 August 2026
BASF Agricultural Solutions invests in Climate Center at Limburgerhof
Purpose-built climate chambers will enable GLP ecotoxicology studies and insecticide research to support crop protection registrations; completion planned H1 2027.
11 August 2026
DuPont MemCor MBR chosen for Canberra’s Lower Molonglo upgrade
Adds about 97 million L/day membrane bioreactor capacity to Canberra’s main treatment plant, expanding capability to meet population growth.
11 August 2026
Topsoe to supply dynamic synthesis technology for First Ammonia’s Victoria, Texas green ammonia project
Dynamic synthesis tech allows ramping 10–100% in 30 minutes; plant will use electrolytic green hydrogen for export and US markets; financial close expected late‑2026, operations in 2029.
11 August 2026
TechnipFMC awarded flexible-pipe contract for Azule Energy West Hub Tails
Design and manufacture of flexible flowlines, risers and equipment to tie West Hub production into the Agogo FPSO; contract classed at $75–250M and booked in Q3 2026.
11 August 2026
Metsä Group invests €25m in Muoto fibre packaging line at Äänekoski
A €25m Muoto fibre-packaging line will be built at the Äänekoski mill, starting up in 2028 with capacity above 100 million items per year; Kuura textile fibre project cancelled.
11 August 2026
Novo Nordisk launches Awiqli once-weekly basal insulin in US
First once-weekly basal insulin for adults with type 2 diabetes; one weekly injection replaces seven daily doses, available at 70,000+ pharmacies with affordability options from $35/month.
11 August 2026
ORLEN Group commissions 42.2 MW solar farm at Mažeikiai refinery
On-site 42.2 MW solar PV farm will produce about 45 GWh/year, covering ~7% of the refinery's electricity and cutting procurement costs by about €4m annually.
11 August 2026
LANXESS converts Krefeld-Uerdingen spray dryer to hydrogen fuel
Hydrogen replaces natural gas in a pigment spray dryer, cutting CO₂ by about 6,000 t/yr using Covestro-produced byproduct delivered via pipeline.
11 August 2026
Pembina selects Worley for Heartland Extraction Plant EPC
Greenfield straddle facility to process up to 750 million cubic feet/day of gas, extracting NGLs from the Yellowhead Pipeline; start-up targeted for late 2029.
10 August 2026
PTT Global Chemical (GC) starts new growth chapter — petrochemicals, specialty & Green‑Bio, Map Ta Phut
Q2 adjusted EBITDA THB 26.932bn; ethane imports from the US due 2029; portfolio shift to 70:30 specialty by 2030; USD 300m EBITDA uplift target by 2030.
10 August 2026
Covestro joins KOLLEKT to develop fully recyclable automotive lighting
Three-year, €4.371m consortium will design headlamps for circularity using recyclable polycarbonates, AI-driven robotic dismantling and digital twins to enable industrial-scale plastics recycling.
10 August 2026
PTT Global Chemical strengthens petrochemicals, accelerates Specialty and Green & Bio; positions Map Ta Phut as APAC growth base
Reinforces integrated petrochemical core, starts ethane imports in 2029, shifts toward higher‑value Specialty and Green & Bio, and expands Map Ta Phut as a regional hub.
10 August 2026
Novo Nordisk and AWS establish AI co‑innovation hub in London
Strategic cloud and AI tie‑up to speed drug discovery, deploy agentic AI, and compress time from target to first human dose via a London co‑innovation hub.
10 August 2026
MAIRE/Tecnimont to deliver USD 4.3bn Ruwais NGL expansion (RGD Phase 3)
EPC for fifth NGL fractionation unit, sweetening and storage at Ruwais; 23,000 t/d (~8 Mtpa) output; completion scheduled for 2030.
9 August 2026
CATL aviation battery passes adjacent-cell thermal-runaway test
350 Wh/kg prismatic-cell pack prevented thermal propagation across adjacent cells; CAAC witnessed testing; battery ready for mass production and slated for AutoFlight eVTOLs.
7 August 2026
Saipem (SMDC) signs LOI for Rovuma LNG Phase 1 onshore midstream
LOI covers $32M for preliminary engineering and procurement to advance project definition; final EPC award depends on FID and government/regulatory approvals expected in 2026.
7 August 2026
MOL Group Q2 2026 results
Q2 profit USD 786m; strong oil and gas prices plus higher refining and petrochemical margins offset fuel price caps and operational outages.
7 August 2026
Viva Energy and Nestlé use recycled polypropylene for KitKat wrappers
Proof-of-concept converts soft-plastics pyrolysis oil into food-grade polypropylene for a limited KitKat wrapper run, with full processing completed in Victoria.
7 August 2026
Hou Qijun surveys Shengli Oilfield operations and innovation
Three-day inspection of platforms, geological R&D, shale well factory, smart energy and geothermal demo; stresses tech-management integration, safety, green energy and employee welfare.
7 August 2026
POSCO AIR SOLUTION secures AS9100D for aerospace-grade xenon and krypton
First Asian producer certified AS9100D for aerospace-grade xenon and krypton; begins full-scale supply from a 130,000 Nm³/yr plant after KARI-validated performance.
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