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New Projects and Expansions news
(page 16)
5 May 2026
Equinor starts Eirin gas production to Europe
Eirin field started gas exports to Europe via Gina Krog/Sleipner A. ~27.6 million boe, NOK4.5bn cost; tied-back subsea built in three years; extends Gina Krog life to 2036; ~3 kg CO2/boe.
5 May 2026
Worley appointed Owner’s Engineer for Holcim CCUS projects in EU and UK
MSA covers 14 CCUS projects in EU/UK (7 backed by European Innovation Fund). Provides owner’s engineering—oversight, project management, technical integration. Targets ~5 Mt CO2/yr by 2030.
4 May 2026
ADNOC launches Industrial Resilience Program to strengthen UAE manufacturing and supply chains
Five initiatives to boost local manufacturing, prioritize Made in the Emirates, add ICV+ incentives and a Multiplier tool, plus long-term demand visibility to shore up supply-chain resilience
4 May 2026
OMV Petrom & ROMGAZ begin Neptun Deep pipelaying in the Black Sea
Pipelaying begins for 160 km Neptun Deep subsea gas line; Castoro 10 on site. ~50-vessel mobilization; subsea systems, platform and wells targeted to deliver first gas in 2027
4 May 2026
Amgen invests $300M more in U.S. manufacturing, nearly $2B over past year
Expands Puerto Rico biologics facility to boost U.S. production, deploy next‑gen technologies, support workforce development and construction jobs, and strengthen medicine supply‑chain resilience
4 May 2026
Stahl launches Repura barrier coatings for paper packaging
Repura™ coatings deliver high oil, water/MVTR and oxygen barriers for paper & board and flexible packaging; repulpable, food-contact capable, customizable—shown at Interpack 2026
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4 May 2026
Siemens expands digital portfolio for water & waste management
Real-time water-quality monitoring, SIWA Treatment Optimizer (digital twin) cutting energy/emissions up to 25%, soft sensors, integrated control center and expanded waste-management automation
3 May 2026
ADNOC to award AED200 billion in projects to accelerate strategy
Accelerates project delivery (2026–28), boosts UAE manufacturing and In‑Country Value by linking EPCs with 70 vetted local suppliers; launches Value Connect to match ~1,000 firms
1 May 2026
Algol Chemicals to distribute THOR in Finland and Baltics
Distribution of Acticide and Microcare in Finland and the Baltics transfers May–June 2026, expanding supply for coatings, hygiene and cosmetics.
1 May 2026
Petrobras starts Búzios 8 (P-79) production
Brought online three months early, FPSO adds 180,000 bpd and 7.2M m³/d compression, raising field capacity to ~1.33M bpd; 14 wells planned and up to 3M m³/d gas export.
1 May 2026
Perpetual Next selects JPB Logistics for Delfzijl biomethanol storage
MoU to negotiate storage/handling for a 220,000 t/y biomethanol plant; planned tank capacity 21,000–35,000 m³; logistics via inbound pipeline, outbound barge, trucks as backup; final on FID.
1 May 2026
Novo Nordisk launches Ozempic pill — FDA‑approved oral semaglutide for adults with type 2 diabetes
Tablets (1.5, 4, 9 mg) debut in US May 4. Reformulated from Rybelsus, available at 70,000+ pharmacies; insurance from $25; self-pay $149/199/299/month. Approved to reduce cardiovascular events
30 April 2026
Reliance Retail acquires Anomaly haircare (Priyanka Chopra Jonas)
Full ownership of Anomaly trademarks, brand assets and digital properties to scale the clean, vegan haircare line through omnichannel retail and digital platform Tira.
30 April 2026
MOL to acquire O&GD upstream assets in Hungary
Buys 51% stakes in three Central Hungary concessions (~0.7 mboepd) plus Eastern Hungary assets (~0.2 mboepd), adding ~0.9 mboepd to group production; closing Q3 2026, subject to approvals.
30 April 2026
Uniper receives preliminary approval for hydrogen-ready CCGT Unit 8 at Staudinger
Regional authority grants preliminary approval for hydrogen-ready 890 MW CCGT; feasibility, emissions and habitat issues resolved; first partial permit due Q3 2026; project to enter capacity auctions
30 April 2026
Evonik expands Americas fast‑cure epoxy range with Ancamine 2868 and 2844
New epoxy hardeners enable rapid thin-film cure and fast property build at low temps/high humidity, boosting formulation flexibility and corrosion/carbamation resistance for protective coatings
30 April 2026
Petrobras posts 1Q26 own production record of 3.23 MMboed
Ramp-up of multiple FPSOs and 10 new wells drove production gains (3.7% QoQ, 16.1% YoY); operated production 4.65 MMboed. Refining utilization, S10 diesel output and logistics records; LPG imports fell.
30 April 2026
Petrobras resumes urea production at Ansa in Araucária, PR
Urea output resumed after 2020 hibernation following R$870M reactivation; mobilization created 2,000 jobs and ~700 ongoing; restart after ARLA‑32 and ammonia tests strengthens domestic supply
30 April 2026
Symrise expands Food & Beverage capabilities in Barcelona
Upgraded site adds powdered production and large-scale mixer, modern application and quality labs for faster prototyping, smoother scale-up, local technical support, and solar/water reuse.
30 April 2026
Umicore Q1 momentum points to ~€1bn adjusted EBITDA in 2026
Strong Q1: Catalysis and Recycling strong; Specialty led by cobalt; CAM volumes modest, take‑or‑pay compensation; anode JV in place; capex up; leverage <2x
30 April 2026
Borouge Q1 2026: $156M Net Profit on Operational Resilience
Q1 revenue $1.2B; production 1.21Mt (98% capacity), sales 1.09Mt. 61% of March output rerouted via alternative logistics. Prices rose 62% in March. H2 2025 dividend $658M; merger forms global polyolefins platform.
30 April 2026
Lhyfe to supply green hydrogen to BMW Group’s Steyr R&D centre
Multi-year deal to supply green hydrogen to an Austrian R&D site for development and validation of third-gen fuel-cell systems; first Austrian deliveries via bulk transport; RFNBO-certified.
30 April 2026
TotalEnergies and Nextnorth begin construction of 440 MW solar plant in Philippines
Financial close; construction begun on 440 MWp solar in Ilagan, Isabela. Online end‑2027. Produces 13.5 TWh/20 yrs; >50% sold via long‑term C&I contracts, remainder to grid via govt auction. $300M
29 April 2026
SABIC Q1 2026 results
Q1: adjusted EBITDA +25% to SAR4.15bn; revenue -6% to SAR26.15bn; adjusted net income SAR816m; realized $220m recurring EBITDA savings; divestments announced; urea capacity could rise 54%
29 April 2026
Evonik opens PEEK magnet‑wire lab in China
China lab develops PEEK rectangular magnet-wire for NEV motors: extrusion/coating, dimensional checks and reliability tests (BDV, PDIV, corona, oil-aging) to accelerate product development.
29 April 2026
MAIRE Q1 2026: Revenues & EBITDA up; 2026 guidance confirmed
Q1: Net income €76.7m (+19.9%); adjusted net cash €396.1m; order intake €4.78bn; backlog €15.73bn; Nextchem revenue +46%; record dividend €0.585/share
29 April 2026
INEOS Acetyls and Sandpiper partner on 1.1 MTPA low‑carbon methanol plant in Texas City
FEED starts Q2 2026; FID targeted 2027; first production 2030. ~$1.7B capex. Up to 300,000 t/y to Acetic Acid. ~1,500 construction jobs, 25 permanent. CCS targets 97% capture.
29 April 2026
Exolum to develop Avonmouth CO2 storage hub with Severnside Carbon
New Avonmouth CO2 storage and shipping terminal will open by 2031, handling up to 6Mt/yr via rail and ship to serve southwest England, Midlands and South Wales and enable CCUS access.
29 April 2026
ROSI raises €20m+ to scale PV recycling in Europe
€20M+ plus EU grants to fund industrial expansion: 10,000 t/yr solar-panel recycling plant in Spain, scalable automated line, new production director appointed, recycling partnership renewed
29 April 2026
LANXESS and Fuelcare partner on European fuel biocide distribution
EU-approved fuel biocides (Kathon FP 1.5, Preventol D2/FuelClear M15) to protect stored fuels—prevent microbial growth, sludge and corrosion; includes dosing tech and expanded service hubs.
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