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New Projects and Expansions news
(page 24)
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 advance formation of Borouge Group International AG
Agreement allows marketing of B4 volumes, adds ~$400M net over 3 years (~10% EPS accretion), supports 16.2 fils dividend, targets strong credit ratings; transactions close ~Mar 2026.
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.
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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
18 March 2026
Boliden invests SEK 4bn in Garpenberg hoist and SEK 1.5bn in Rönnskär SCM plant
SEK 4bn hoist at Garpenberg to keep 4.5 Mt/yr past 2030; SEK 1.5bn Rönnskär demo plant (280 kt/yr SCMentum) 2026–28. SCM emits <5% of cement CO2; exploration continues.
18 March 2026
Asahi Kasei, Nippon Steel and Nippon Steel Trading recycle electrolysis cell titanium scrap into pure titanium
Titanium scrap from chlor-alkali electrolysis cell production is collected, processed and remelted into high-purity titanium with strict contamination control, traceability and recycling targets.
18 March 2026
Equinor discovery strengthens Johan Castberg
New Polynya Tubåen discovery (7220/7-5)—prelim 14–24 million boe; follows June Drivis Tubåen find (13–20m). Plans: 1–2 exploration wells/yr; Isflak development under construction to tie in two wells.
18 March 2026
Avantium reports 2025 full-year results
Phased start-up of the FDCA Flagship Plant progressed despite construction delays; €85M equity and amended financing secured; half the plant operational; full start-up targeted in 2026
18 March 2026
Eni approves dual FIDs for Indonesian deep‑water gas hubs
Dual FIDs for Gendalo/Gandang and Geng North/Gehem offshore East Kalimantan. Start 2028; plateau 2029 at 2 bscfd gas and 90,000 bpd condensate. Tie-backs to Jangkrik, new FPSO.
18 March 2026
Technip Energies acquires minority stake in Verso Energy’s DEZiR eSAF plant in Rouen
Project will use carbon capture to source biogenic CO2 and has FEED underway; plant due ~2030 to produce 80,000 t/yr eSAF, backed by France 2030/EU fund and planned for replication.
17 March 2026
Brenntag opens Life Sciences Innovation Center in Shanghai
Expands application expertise for Beauty & Care and Food & Nutrition; offers formulation development, testing, small-batch trials and product concept support for China & Hong Kong clients.
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