New Projects and Expansions news (page 18)

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  4 June 2026

  Sumitomo Corporation takes 49% stake in Graphyte-led US JV for CDR credits

  49% stake in US JV to commercialise 'Carbon Casting' BiCRS, scale the Loblolly project to 50,000 tCO2/yr, and sell long-duration CDR credits across North America and Japan.
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  4 June 2026

  Sinopec and BYD sign industrial and capital cooperation framework

  Signed a framework to cooperate on flash charging networks, ecological integration and upstream–downstream supply‑chain synergy to build an efficient smart energy ecosystem.
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  3 June 2026

  Toray and T2 commercialize autonomous petrochemical trucking

  Commercial autonomous trucking begins on east–west expressways, moving ABS resin with Level 2 trucks using renewable diesel/B5; partners plan Level 4 long‑haul rollout from 2027.
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  3 June 2026

  Petrobras to invest up to R$23 million in residual oils and fats collection projects

  Funding for collection and commercialization of used cooking oil across São Paulo and Bahia; proposals due July 3, 2026; results expected by year-end.
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  3 June 2026

  Air Liquide invests in Quobly to scale silicon quantum processors

  Investment funds R&D and industrialisation of silicon-based quantum processors, backing commercial launch targeted by end‑2026.
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  3 June 2026

  Air Liquide: nearly €200m investment to supply SK hynix's P&T7 in Cheongju

  Long-term contract to build and operate a nitrogen unit supplying high-purity gases and compressed air to an HBM packaging and testing fab; operations due late 2027.

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  3 June 2026

  MOL Group starts first gas production at ACG field

  First commercial gas from non-associated reservoirs beneath and above existing oil layers; initial well drilled from West Chirag; up to 4 Tcf estimated; gas to Sangachal via existing infrastructure.
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  3 June 2026

  UBE MAXELL expands Li-ion separator capacity at Sakai Works

  New Sakai Works facility will boost separator base‑film output ~50% with phase‑one in FY2026 and phase‑two in FY2029; complements a facility due in fall 2026 to serve automotive and ESS demand.
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  3 June 2026

  Elkem and Statkraft sign seven-year PPA for Bjølvefossen (2031–2037)

  Seven-year agreement secures 1,534 GWh for Bjølvefossen (2031–2037), supporting 150 jobs and low‑carbon foundry‑alloy production with 60,000 mt annual capacity.
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  3 June 2026

  Coolbrook appoints Veli‑Matti Mattila as Chairman to support industrial scale‑up

  Brings decades of international technology and board leadership to support commercial deployment and industrial execution.
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  3 June 2026

  Novo Nordisk launches Wegovy pill in UAE

  Oral semaglutide tablet now available in UAE for weight management; shows ~17% mean weight loss in trials and is approved to reduce certain cardiovascular risks.
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  3 June 2026

  Axens and Green Sky Capital partner to develop SAF plant in Egypt

  200,000 tpa SAF plant using lipid-based feedstocks and Axens' Vegan® HEFA, targeting production by end‑2027; will source used cooking oil locally and serve Mediterranean/African markets.
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  3 June 2026

  Mitsui Chemicals to expand MR™ high-refractive-index lens material capacity at Omuta Works

  New plant at Omuta Works to raise supply of MR™ high‑refractive‑index ophthalmic lens material, with commercial operations set for first half of 2029.
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  2 June 2026

  SONATRACH subsidiaries sign three MoUs with Niger's SONIDEP

  Three agreements cover seismic acquisition, a drilling joint venture, and fuel distribution plus a bitumen manufacturing JV and training.
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  2 June 2026

  Teijin Frontier develops polyester textile combining heat retention and high breathability

  Polyester textile pairs bulky raised nap for dead-air warmth with large-knit voids that double breathability and crimped-yarn moisture wicking; aimed at fall/winter 2027 sports and outdoor apparel.
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  2 June 2026

  Iberdrola connects 166 MWdc Tower Solar plant in Oregon

  The new solar plant will feed the PGE grid to meet rising demand from large customers and support QTS data‑centre operations; commercial operation expected this summer.
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  2 June 2026

  QEMETICA sells salt assets to K+S and launches Resource Recovery unit

  Divests evaporated salt business for €350–€380m to fund a new Resource Recovery segment focused on waste-to-energy and energy security.
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  2 June 2026

  Evonik opens Asia Beauty Science & Innovation Center in Shanghai

  First integrated beauty R&D hub in Asia, combining biotech-led ingredient development, formulation, testing and a customer experience space to support brands across China and Asia.
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  2 June 2026

  ICARBON showcases advanced recycling at SET Tech Festival

  Presented advanced recycling and circular-economy solutions after SET100 selection; joined dena/Germany Trade & Invest workshop with 17 start-ups; visited EUREF‑Campus; pursuing international expansion.
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  2 June 2026

  Iberdrola awarded eight EU Innovation Fund projects for industrial heat electrification

  Eight industrial heat electrification projects will replace fossil heat with electric boilers, require about 240 GWh/year, mobilise 150 MW of renewables and secure ~€50m in aid.
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  2 June 2026

  VolagHy and Airbus co-finance Kuopio eSAF feasibility study

  Feasibility and financial modelling launched for a Kuopio flagship plant that aims to scale electro-based sustainable aviation fuel across the Nordics by 2040.
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  2 June 2026

  INEOS Energy signs LNG supply deal with Marubeni for Asia deliveries from 2029

  DES LNG supply agreement to deliver into Asian markets, marking the firm's first Pacific Basin deliveries and expanding its diversified global LNG portfolio to meet rising regional demand.
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  2 June 2026

  EAS Batteries launches ultra‑high‑power 22 Ah LFP cell using Asahi Kasei Acetolyte

  22 Ah LFP cell using acetonitrile electrolyte achieves 2,550 W/kg continuous, 3,760 W/kg 2s pulse, ~2,400 cycles at 5C/100% DoD; samples in customer evaluation; 46xxx format planned.
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  2 June 2026

  Dow showcases AI thermal-management materials at COMPUTEX 2026

  Showcases liquid and immersion cooling fluids, coolants for cold plates and facility loops, thermal interface materials, silicone packaging and hot‑melt solutions; keynote on cooling AI data centers.
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  1 June 2026

  Solvay and Viridis LOI for Brazil-to-La Rochelle rare-earth supply

  LOI aims to deliver Brazilian rare-earth feedstock to a French separation plant by 2028, supporting magnet-grade Nd/Pr/Dy/Tb supply and industrial Dy/Tb separation by Sep 2026.
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  1 June 2026

  Fluor‑JGC JV Wins LNTP for LNG Canada Phase 2 Expansion

  Limited notice to proceed issued to begin early planning and key activities for the proposed Phase 2 expansion at the LNG Canada Kitimat export facility, supporting an FID that would double 14 Mtpa.
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  1 June 2026

  Moderna & Merck: 5‑Year Data — Intismeran plus KEYTRUDA Reduces Recurrence in High‑Risk Resected Stage III/IV Melanoma

  5-year Phase 2b follow-up: combination showed 49% RFS reduction (HR 0.51), 59% DMFS reduction (HR 0.411); OS trend (HR 0.471). Safety consistent; increased neoantigen-specific T‑cell clonotypes
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  1 June 2026

  bp starts non-associated gas production at ACG

  Commercial NAG started from West Chirag; well tests Qirmaki sands. Est. 4–6 Tcf recoverable; gas sent to Sangachal via existing infrastructure.
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  1 June 2026

  EEW updates Green Financing Framework; ISS-Corporate issues Second Party Opinion

  Publishes updated Green Financing Framework aligned with ICMA and LMA standards and the EU Taxonomy; covers energy, circular economy, carbon capture; independent SPO confirms quality
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  1 June 2026

  Vopak and Gasunie take conditional FID to extend EemsEnergyTerminal

  Conditional FID approved for extension of EemsEnergyTerminal, advancing LNG infrastructure; final FID pending permits. Customer contracts secured for LNG supply 2028–2036.