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New Projects and Expansions news
(page 4)
30 June 2026
Covestro plans 660 kt MDI train in Shanghai and UAE feasibility study for second world-scale plant
660 kt/yr MDI train planned in Shanghai, UAE study for a similar world-scale train; both designed for operational net‑zero Scope 1 & 2 emissions and supported by XRG.
29 June 2026
Acelen Renewables and Trafigura agree feedstock supply and offtake for Bahia biorefinery
Integrated deal secures used cooking oil feedstock and offtake for a HEFA biorefinery, linking production to North American and European markets.
29 June 2026
XRG to acquire 32% upstream stake in Vaca Muerta for ARGENTINA LNG
Acquisition alongside YPF and Eni to supply an integrated 12 MTPA ARGENTINA LNG project; deal needs regulatory approvals and covers three Vaca Muerta blocks.
29 June 2026
Coolbrook awarded €2.5m Business Finland grant to accelerate RDH electrification for steel
Grant supports integrating RDH electric heating across blast furnaces, reheating, hot-stoves, DRI and hydrogen-based steelmaking; builds on commercial cement deployment.
29 June 2026
Búzios field tops 1.2 million barrels/day
Record reached after P-78 and P-79 began ramping up; field operates eight production units and plans 12 FPSOs.
29 June 2026
Avantium trials PEF in shot-size beverage bottles with Gepack and Frubaça
Trial explores plant-based PEF in small-format bottles for functional beverage shots, assessing processing, barrier performance and shelf-life across the production chain.
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29 June 2026
Eni takes 32% stake in Vaca Muerta blocks for Argentina LNG
Acquires 32% of three Vaca Muerta blocks to feed 12 MTPA LNG capacity via two 6 MTPA floating units; deal completion subject to regulatory approvals.
29 June 2026
Statkraft proposes new Mår hydropower plant
Licence filed to replace the ageing Mår plant with a larger underground facility that raises output and adds an option for pumped storage.
29 June 2026
ORLEN launches HVO100 pilot in Slovakia
Pilot sales of 100% renewable diesel begin in Bratislava; compatible with most diesel engines and produced from UCO, animal fats and food-industry residues.
29 June 2026
Eni and NOC start Sabratha Compression Project to boost Libya gas output
Offshore compression module online to sustain low-pressure gas production and add about 800 million m³/yr, supporting power generation and exports to Italy.
29 June 2026
Mitsubishi Gas Chemical and Gold Hydrogen MOU for green methanol from natural hydrogen in South Australia
Feasibility study to use natural hydrogen from a South Australia project as core feedstock for green methanol, with a preliminary study planned in H2 2026.
26 June 2026
AIQBE posts record €827M investment in industrial infrastructure
827M€ for new plants; 23,303 jobs linked; €272M environmental/efficiency spend and €179M R&D; Andalusia aims to make Huelva a net-zero industrial valley.
26 June 2026
Uniper signs 100 MW offshore wind PPA with Skyborn for Gennaker
Buyer’s first offshore wind PPA; Gennaker is planned at 976.5 MW and expected to power about one million households, showcasing end-to-end offshore capabilities.
26 June 2026
North Sea Port supports FLHYPorts hydrogen valley pilot
Small-scale hydrogen valley linking production, distribution and end-use across Flemish ports, anchored on a 25 MW electrolyser and targeting port, transport and industry decarbonisation.
26 June 2026
Croda opens Guangzhou hub for Beauty Actives and Iberchem fragrances
Co-locates actives and fragrance teams to accelerate regional innovation, formulation support, local botanical sourcing, perfumery capacity and supply resilience across Asia.
26 June 2026
EEW and enercity raise Hannover-Lahe waste-to-energy heat output to up to 85 MW
Optimisation boosts usable waste-to-energy heat from 50 MW to up to 85 MW without extra waste; retrofit completes Q2 2027 and enables flexible CHP or heat-only operation.
25 June 2026
Toray identifies ferroptosis‑inhibiting lead compound, partners with Kyushu University
Novel lead compound inhibits ferroptosis and showed activity in kidney‑disease animal models; Toray and Kyushu will hunt lipid‑peroxidation biomarkers to evaluate effects.
25 June 2026
Iberdrola opens Fénix 243 MW photovoltaic plant in Italy
243 MW PV plant in Sicily producing nearly 400,000 MWh/year — enough for 140,000+ homes — with long-term PPAs covering most output.
25 June 2026
thyssenkrupp and GlobalLogic partner to deploy Physical AI and autonomous robotics
Deploy Physical AI and autonomous robotics to remove engineering bottlenecks, protect frontline workers and accelerate decarbonization across heavy industry.
25 June 2026
Equinor submits EIA programme for Wisting development
Public consultation opens on the EIA programme for a possible Wisting FPSO development in the Barents Sea; consultation runs 16 weeks and FID is targeted end-2027.
25 June 2026
Iberdrola and bp push green hydrogen project at Castellón refinery
€211m IPCEI Hy2USE reallocated to Castellón plus €15m NextGenerationEU support; plant to start production before year-end and aim to be Spain’s largest green hydrogen facility in 2026.
25 June 2026
Petrobras to restart UFN-III nitrogen fertilizer plant in Três Lagoas
Work restarts on UFN‑III with R$5bn+ investment and new PAC support; operations due in 2029; plant to produce urea and ammonia for Brazil's agribusiness.
25 June 2026
Nextchem (MAIRE) completes acquisition of Ballestra Group including Mazzoni and BUSS ChemTech
Adds full NPK fertilizer technologies, fluorine and oleochemistry capabilities; integrates ~460 staff, pilot plants and a €270m backlog; transaction paid at €148.2m.
25 June 2026
OMV Petrom: all modules delivered for 20 MW Petrobrazi electrolyzer
Final module delivered for the 20 MW electrolyzer; it will produce ~3,000 t/yr green hydrogen for the SAF/HVO unit; total planned capacity is 55 MW across two projects.
25 June 2026
ONGC and bp sign technical services contract for Western Offshore Basin
Technical services contract appoints a TSP for the Western Offshore Basin to deploy technology and operating practices to curb decline and improve recovery.
25 June 2026
Vattenfall: Swedish state to acquire 60% of Videberg Kraft
Risk‑sharing and financing terms agreed to enable new nuclear on the Värö Peninsula; ownership structure effective 2027; Rolls‑Royce SMR selected to supply three small modular reactors.
25 June 2026
Siemens and Ucaneo to scale electrochemical Direct Air Capture
A standardized automation and digital platform will enable rapid global rollout of an electrified electrochemical DAC process through licensed operators.
25 June 2026
Borouge launches Queo 7030LA-P polyolefin elastomer
Low-density, high-melt-flow elastomer that improves flexibility, processing and filler loading for TPOs, adhesives and highly filled compounds.
25 June 2026
ORLEN Advances Cerisa Development in North Sea
Cerisa will yield ~8.5 million boe (incl. ~0.8 bcm gas); production start 2027; peak ~6,000 boe/d; two wells tied into existing Duva subsea template to cut cost and time.
25 June 2026
UPM and ANDRITZ form multi‑year tissue innovation partnership
Shared access to a pilot-scale PrimeLineTIAC in Graz enables manufacturers to trial a standard hardwood pulp, speed commercialization, and optimize dry‑crepe, textured and TAD processes.
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