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New Projects and Expansions news
(page 32)
23 March 2026
TotalEnergies ends U.S. offshore wind projects, returns leases to DOI
Signed settlements to relinquish Carolina Long Bay and New York Bight offshore wind leases, recover fees and reinvest equal funds into U.S. gas/LNG and power, citing cost and affordability concerns.
23 March 2026
Veolia to exit coal at Karviná by 2029 with multi‑energy plant
Transforms local heating to RDF/biomass/gas cogeneration (53% RDF), serving ~50,000 households, cutting CO2 by ~200,000 t, improving air quality and energy autonomy.
23 March 2026
BASF converts Ludwigshafen acid chlorides and chloroformates to 100% renewable electricity credits
Average product carbon footprint cut ~19% in 2025; plant modernization raised capacity ~30%; customers get lower‑PCF supplies without recertification, aiding Scope 3 reductions.
23 March 2026
Sinopec expands POE capacity with China's first full‑chain domestic IP
100kt solution‑method POE unit began linkage trials; with a 50kt demo and another 100kt under construction, domestic POE capacity reaches 250kt/yr. Metallocene catalyst + low‑VOC devolatilization enable varied grades for PV/EVs.
23 March 2026
Sinopec Among China's Top EV Charging Operators
2025 charging platform exceeded 5 billion kWh (~200% YoY). It is rapidly expanding charging and battery-swap networks with Aodong, NIO and CATL to broaden oil‑gas‑hydrogen‑electric services.
23 March 2026
Siemens expands industrial AI OS, unveils new tech and Alibaba Cloud partnership
Introduces 26 edge, automation and control products, cloud-enabled CAE, DC circuit breakers, AI cooling for data centers, upgraded PLCs, servo systems and predictive maintenance apps.
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20 March 2026
TotalEnergies and Holcim open Europe’s largest floating solar plant for self-consumption
31 MW floating solar on a rehabilitated Obourg quarry lake produces 30 GWh/yr for onsite industrial self-consumption; over 700 m of directional drilling links panels to the substation.
20 March 2026
Petrobras resumes investments in Minas Gerais during Lula visit
During Lula’s visit to Regap (Betim), resumption of investments announced: R$3.8bn (2026–30), up to R$9bn/10 yrs; 8k–36k jobs; +25k bpd capacity (2027) and 13.3 MW solar plant.
20 March 2026
Siemens invests $165M to expand U.S. AI infrastructure manufacturing
Expands manufacturing in NC and SC, adds 350+ jobs, scales prefabricated power distribution, medium‑voltage protection and busway systems for data centers; starts Careers Electric training.
19 March 2026
EU invests €330m in fusion and nuclear R&D and skills
Work Programme funds fusion-to-grid R&D, a PPP, startups, skills and facilities; supports fission research on waste, safety, materials, medical isotopes and talent mobility.
19 March 2026
Novo Nordisk: FDA approves Wegovy HD (semaglutide 7.2 mg) — 20.7% mean weight loss
STEP UP: ~31% achieved ≥25% loss; STEP UP T2D mean loss 14.1%. FDA awarded National Priority Voucher. US launch expected April 2026. Safety/tolerability comparable to prior semaglutide doses.
19 March 2026
ADNOC and OMV progress formation of Borouge Group International AG
New asset-usage deal for Borouge 4 secures USD 400m cumulative net profit over three years, ~10% EPS accretion, adds 1.5Mt cracker/1.4Mt PE and lifts combined capacity to 13.6Mt.
19 March 2026
Croda opens Dahej manufacturing facility in India
New Dahej plant boosts supply for Life Sciences, Consumer Care and Industrial sectors; uses low‑carbon power, ZLD, RSPO feedstocks, advanced ops, safety focus and women-led packaging.
19 March 2026
Iberdrola hits 11 GW U.S. generation capacity
Nearly 100 U.S. facilities across 25 states, capacity meets >7M Americans; added 850 MW recently. Plans €16B investment (2025-28) for grids and new generation.
19 March 2026
Eni 2026–2030 Plan
Consistent strategy: strong E&P project pipeline driving 3-4% production growth to 2030, self-funding Transition units, CFFO rising to €17bn, €40-45bn FCF 2026-30, lower gearing and higher payouts.
19 March 2026
Clariant opens pharma-grade PEG manufacturing plant in Texas
GMP-compliant excipient production strengthens supply-chain resilience, shortens lead times, and improves continuity and traceability for pharma customers across North & Latin America.
19 March 2026
EnviTec Biogas and LIQVIS expand Bio‑LNG network
Bio-LNG: low-emission, price-stable heavy-truck fuel—up to 1,700 km range, ~15-min refuel, <€1/kg; made from local organic feedstocks and rolled out via expanding station network
19 March 2026
BASF opens world's first industrial 3D‑printed catalyst plant in Ludwigshafen
X3D 3D-printed catalysts offer geometries that cut pressure drop, increase active surface and throughput, lower energy use; proven in customer plants.
19 March 2026
Plastic Energy powers start-up of TotalEnergies' Grandpuits advanced recycling plant
New 15,000 t/yr advanced recycling plant now producing TACOIL from hard-to-recycle plastics, feeding petrochemical sites to make high-quality, food- and medical-grade plastics.
19 March 2026
Equinor creates two business areas to sharpen market focus
Establishes two units: midstream/processing/infrastructure to secure safe, efficient onshore operations; and a market/trading unit to capture value from products and data. New org operational early 2027.
19 March 2026
Equinor Annual Report 2025
Record production and strong cash results in 2025; safety improved; adjusted operating income $27.6B; production 2,137 mboe/d; renewables +25%; emissions −34% since 2015.
19 March 2026
Asahi Kasei wins Tanahashi Prize for 10 MW alkaline electrolyzer durability
Pilot alkaline water electrolysis plants demonstrated long-term stable, multi-module operation, proving durability under variable renewables and enabling scale-up toward >100 MW systems
19 March 2026
Sinopec Completes Polymer Solid-State Battery Microgrid Demonstration
Polymer solid-state battery microgrid demo at Suzhou uses polymer solid electrolytes with TOPCon flexible and perovskite PV; upgraded storage and intelligent microgrid raised peak daily charging 47%
19 March 2026
Asahi Kasei awarded Tanahashi Prize for long-term operation of 10 MW alkaline-water electrolysis system
Pilot plants in Namie (since Mar 2020) and Kawasaki (Mar 2024) validated stable alkaline electrolysis, tested 4x0.8 MW multi-modular units for grid response and durability, aiming >100 MW
19 March 2026
Sumitomo Corporation to Deploy Palantir AIP for OCTG Supply Chain DX
AI/data platform to optimize OCTG supply chain—inventory, processing and billing. Europe pilot validated; rollout from FY2026 with phased function and regional expansion.
18 March 2026
Toray to Mass-Produce STF-1000 High-Aspect-Ratio Photosensitive Polyimide
STF-1000 photosensitive polyimide enables 36:1 aspect-ratio patterning in films up to 500 µm, suppressing cracking/delamination for MEMS, semiconductors and scintillators.
18 March 2026
Huntsman opens expanded Performance Products unit in Petfurdo, Hungary
Expanded plant began operations in 2026, boosting global capacity for amine catalysts (JEFFCAT) used in polyurethane, coatings, metalworking and electronics; project backed by Hungarian grant.
18 March 2026
thyssenkrupp nucera to supply 300 MW electrolyzers for Moeve’s Onuba green-hydrogen plant
First phase in Huelva, Spain, will yield ~45,000 t/yr green H2; FID taken Mar 2026. Expected CO2 savings ~250,000 t/yr; part of a scalable Andalusian Green Hydrogen Valley linking to EU industry
18 March 2026
Evonik unveils SPHINOX® Vively sphingolipid
Designer sphingolipid delivers retinol-like rejuvenation with improved tolerance; stimulates elastin, hyaluronic acid and ceramides, reduces IL-1α; biotech-derived, biodegradable; debuts at PCHi 2026
18 March 2026
Refining and Chemical Engineering Group 2025 results
2025: operating revenue RMB700.74B, net profit RMB18.07B; new contracts RMB1,012.48B; first-time special dividend; tech licensing RMB10.13B; overseas front-end wins; front-end/EPC >80% backlog; ESG AA
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