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New Projects and Expansions news
(page 9)
4 June 2026
Toray to build TORELINA PPS resin plant in India
New Suri City line will add about 3,000 t/y of PPS compound capacity, start operations early 2027 with customer samples in April 2027, targeting automotive and electrical components.
4 June 2026
Hydrogen value chain forming in North Sea Canal Area
Import terminals, LOHC and electrolysers advance; pipeline and local distribution are planned, but policy, financing and coordination still limit rollout.
4 June 2026
PPG, IPG Photonics and Whirlpool win 2026 IRI Open Innovation Award for laser curing
Developed a laser curing platform to replace thermal ovens in powder coating lines, cutting energy use and increasing line speed while working with conventional and laser‑activated powders.
4 June 2026
BASF launches InVigor Gold L322 canola hybrid for 2027 (Montana)
Early‑maturing Brassica juncea hybrid for warmer, drier, low‑organic soils; offers native pod‑shatter tolerance and LibertyLink weed control; availability in Montana pending approvals.
4 June 2026
Caleyda: food‑grade approval process begins
EFRO-funded plesTic Ready backs an exploration of food-grade certification for mixed-culture PHA from organic residual streams with value‑chain partners.
4 June 2026
Avantium and MEP Baljeu host EU dialogue on reindustrialising through sustainable chemistry
Parliament event on 24 June 2026 will examine whether bio‑based and circular carbon can underpin European chemical competitiveness and cut fossil feedstock reliance.
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4 June 2026
Neste, Goldwin, Idemitsu and Toray establish renewable nylon supply chain for THE NORTH FACE
Supply chain uses renewable naphtha from waste and residues to make drop‑in renewable nylon fiber for outdoor apparel, targeting product use in August 2026.
4 June 2026
PETRONAS MoU with regional partners to advance offshore IOR/EOR
Regional E&P operators and UTP will jointly evaluate fit‑for‑purpose IOR/EOR studies for offshore fields, supported by laboratory testing and potential pilot projects.
4 June 2026
Vitol invests in Delfin FLNG 1 offshore US project
First US offshore FLNG with 4.4 Mtpa nameplate capacity, 1.4 Mtpa offtake secured; FID taken and production expected in 2030; project cost ~US$5bn.
4 June 2026
MAIRE/Tecnimont wins USD 900m add-on for onshore oil & gas project
USD 900 million additional scope added to a prior onshore oil & gas contract to optimise existing facilities; further details pending completion of formalities.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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