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New Projects and Expansions news
(page 32)
5 February 2026
Heidelberg Materials Acquires Maas Group's Construction Materials Business in Australia
The acquisition includes 40 quarries, 22 concrete plants, and 2 asphalt sites, enhancing product offerings in Eastern Australia. Completion expected in the second half of 2026.
4 February 2026
LOTTE Chemical Plans 2026 Expansion in High-Performance Materials and Eco-Friendly Energy
Recorded KRW 18,483B revenue, KRW 943.6B loss in 2025. Focus on reducing commodity petrochemicals, expanding high-value materials, and boosting eco-friendly energy capacity.
4 February 2026
Lilly Q4 2025 Financial Results and 2026 Outlook
Q4 revenue rose 43% to $19.3B, EPS up 51%. FDA approved Kwikpen, expanded Jaypirca use. 2026 revenue guidance: $80B-$83B, EPS: $33.50-$35.00.
4 February 2026
ARLANXEO Opens New HNBR Plant in China
The new plant in Changzhou boosts HNBR production for strategic sectors, enhances local R&D, and supports sustainability with advanced technology and energy efficiency.
4 February 2026
TotalEnergies and Tikehau Capital Expand EV Charging in Benelux
A joint platform will develop urban EV charging in Belgium and the Netherlands, leveraging renewable energy and shared investments.
4 February 2026
dsm-firmenich Launches Po ONE Lab in Riyadh
Po ONE Lab in Riyadh offers a creative space for fragrance innovation, blending Middle Eastern heritage with modern design, featuring a collection inspired by Saudi Arabia's iconic locations.
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4 February 2026
Worley Backs AquaDuctus Hydrogen Pipeline in North Sea
AquaDuctus, a key project in Europe's hydrogen infrastructure, will connect offshore production to the mainland, supporting cross-border collaboration and green hydrogen deployment.
4 February 2026
OMV Reports EUR 4.6 Billion Clean CCS Operating Result for 2025
OMV's 2025 results show strong cash flow, low leverage, and improved chemicals and fuels performance, despite lower energy results. Dividend proposed at EUR 4.40 per share.
4 February 2026
OMV Petrom 2025 Financial Results and Investments
Record investments of 7.8 bn lei amid market volatility; net income down 27% due to impairments; strategic focus on energy transition and regional gas growth.
4 February 2026
UPM 2025 Financials: Strong Cash Flow, Strategic Moves
Q4 sales and EBIT down, but cash flow strong. Strategic actions include joint ventures, investments, and closures. Sustainability recognized with top ratings.
4 February 2026
Uniper's 10-Year Solar PPA with NKT in Wilhelmshaven
The 17.2 MWp solar park will supply renewable energy to NKT's Nordenham and Cologne facilities, enhancing sustainability and regional energy use.
3 February 2026
Moeve to Start Andalusian Green Hydrogen Valley Construction
The Andalusian Green Hydrogen Valley's first phase, Onuba, will invest €1 billion for 300 MW capacity, with potential for 100 MW more, aiming to decarbonize hard-to-abate sectors in Spain.
3 February 2026
QatarEnergy and JERA Sign 27-Year LNG Supply Deal
The agreement, signed at LNG 2026 in Doha, will supply Japan with 3 MTPA of LNG starting in 2028, reinforcing a partnership dating back to the 1990s.
3 February 2026
Eni and Q8 to Build Priolo Biorefinery
The Priolo biorefinery will produce 500,000 tonnes of biofuels annually, aiming to cut greenhouse gas emissions by 65%. Completion is expected by 2028.
3 February 2026
Geolinks Services Secures €6M for FlowTerra Industrialization
Funding will accelerate FlowTerra's launch for mining, CCS, and hydrogen, enhancing subsurface modeling and industrial capabilities.
3 February 2026
TECNIMONT and Baker Hughes Partner on Global LNG Projects
The MoU focuses on modular, scalable LNG projects, leveraging expertise in EPC and gas liquefaction to meet demand for flexible, low-carbon LNG infrastructure.
2 February 2026
ORLEN Opens Hydrogen Refuelling Station in Piła
The new station supports low-emission transport, serving buses and cars. It offers 24/7 access and is part of a broader hydrogen network expansion in Poland.
2 February 2026
MAIRE and Politecnico di Milano Partner for Research and Innovation
Four-year partnership to advance research, innovation, and training in energy transition, chemicals, and leadership, with a focus on technological solutions and career development.
30 January 2026
LOTTE Chemical Opens 6th ESG Center in Busan to Boost Resource Circulation
The new center in Busan enhances waste plastic recycling, supports carbon neutrality, and creates senior jobs, advancing LOTTE's Project LOOP.
30 January 2026
Dangote and XCMG Partner on African Infrastructure and Green Projects
The partnership focuses on infrastructure, mining, and green projects in Africa, emphasizing sustainability, innovation, and mutual growth through shared expertise and resources.
30 January 2026
MOL Group Partners with Libya's NOC in Oil Industry
The partnership focuses on hydrocarbons exploration, tech innovation, and crude trading, aiming to enhance international portfolios and foster educational ties.
30 January 2026
Hycamite Hosts Finnish Officials, Highlights Critical Minerals Role
Officials toured Hycamite's facility, learning about its methane-splitting tech for low-carbon hydrogen and graphite, supporting EU supply-chain goals and reducing import dependency.
30 January 2026
MAIRE and Nazarbayev University Enhance Collaboration in Kazakhstan
The MoU focuses on education, research, and innovation, offering lectures, internships, and grants to boost Kazakhstan's skilled workforce and sustainable development.
30 January 2026
Lilly to Build $3.5B Manufacturing Facility in Pennsylvania
The new facility will create 2,800 jobs, produce weight-loss medicines, and boost the local economy with advanced technologies and partnerships in education and workforce development.
30 January 2026
Iberdrola Secures €44M for Polish Battery Storage Projects
€44M funds three Polish battery storage systems totaling 160 MW, aiding energy storage and electrification efforts. Iberdrola's Polish portfolio reaches 940 MW with multiple BESS projects.
30 January 2026
Galp and TotalEnergies Strengthen Commitment to Namibia
Meeting with Namibia's President, they discussed offshore projects, employment, and regulatory support, aiming for investment decisions and exploration by 2026.
30 January 2026
ORLEN and InnoEnergy Partner for Renewable Hydrogen and eSAF in Europe
The partnership aims to scale renewable hydrogen and eSAF production, enhance cross-border collaboration, and support Europe's aviation decarbonization and energy resilience goals.
29 January 2026
Concrete Chemicals secures €350M for Germany's largest e-SAF plant
The project aims to decarbonize aviation, using biogenic CO₂ and renewable hydrogen, supporting EU climate goals and creating jobs in Brandenburg.
29 January 2026
ORLEN and VolagHy Expand Sustainable Fuel and Hydrogen in Europe
The partnership aims to develop renewable hydrogen and eSAF supply chains between the Nordics and Poland, supporting ORLEN's 2035 energy transition strategy.
29 January 2026
TotalEnergies Restarts Mozambique LNG Project Activities
Mozambique LNG project resumes, creating jobs and boosting local economy. First LNG expected in 2029, with significant local content and socio-economic benefits.
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