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New Projects and Expansions news
(page 3)
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.
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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
Fluor Corporation second-quarter 2026 results
Revenue rose 9% to $4.3B; new awards $6.1B and backlog $26.9B; adjusted EBITDA guidance narrowed and reduced; $300M returned to shareholders in Q2.
7 August 2026
LOTTE Chemical Q2 2026 results and restructuring push
Posted KRW 5.6864 trillion revenue and KRW 110.1 billion operating profit; advancing Daesan and Yeosu restructurings and bringing Yulchon compounding plant into operation this year.
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.
7 August 2026
VolagHy awarded EIB-backed Project Development Assistance
First large-scale efuel project in Finland selected for EU Innovation Fund PDA with EIB Advisory to strengthen technical and financial structuring and speed investment readiness.
6 August 2026
GRILLO leads ZACK zinc‑ion battery project
Three-year project to develop water-based acidic zinc‑ion batteries from sustainable raw materials as a low-cost stationary alternative to lithium‑ion.
6 August 2026
Happy Cups makes first cup from Caleyda® (Paques Biomaterials)
Reusable festival cup moulded from locally produced PHA (Caleyda) for the first time; material validated for processing and food-contact approval preparations underway.
6 August 2026
bp to acquire Woodside’s 70% stake in Calypso (Block TTDAA 14)
Acquisition will raise ownership to 100% and operatorship of the Calypso deepwater gas project offshore Trinidad and Tobago; deal expected to close by end‑2026 pending approvals.
6 August 2026
PureCycle Technologies Q2 2026 results and commercial ramp
Revenue $4.5M; first P&G resin deliveries; PureFive approved as post‑consumer recycled content in New Jersey; Ironton compounding online; liquidity $236.9M.
6 August 2026
Petrobras posts R$52.4bn Q2 2026 profit
Quarterly results bolstered by record own oil output, above-100% refinery utilization and higher derivative production, supporting cash generation and lower imports.
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