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Operational Changes and Investments news
19 June 2026
Petrobras approves FID for RPBC bioQAV and renewable diesel plant
FID approved for RPBC biorefinery to produce aviation bio-kerosene and renewable diesel; ~US$1.2bn investment, 15,000 bpd capacity, operations due 2030.
19 June 2026
SPIE Energy Poland leads 400 kV Choczewo substation to connect offshore wind
Choczewo substation now feeds Baltic Power and will route offshore wind into Poland’s 400 kV grid; full project completion is scheduled for 2027.
19 June 2026
Evonik sells Hanau pharmaceutical-ingredient assets to ProChem
Selected Hanau production assets transfer to a CDMO; Hanau GMP lipid unit retained to supply clinical and small commercial needs; deal expected to close 19 June 2026.
18 June 2026
Indaver opens Rivenhall IWMF, its largest Energy‑from‑Waste plant
Facility now processing waste and exporting power; capacity 595,000 t/yr and electricity for ~125,700 homes; €680m investment and plans for 40 ha low‑carbon greenhouses.
18 June 2026
Jordan Green Ammonia secures 1,000‑ha Aqaba lease for 120,000 t/yr green ammonia project
A 1,000‑hectare site in Aqaba leased for a green ammonia plant producing 120,000 t/yr using 550 MWp solar plus storage; financial close targeted September 2027.
18 June 2026
Equinor agrees concept for Ringvei Vest subsea tie‑back to Troll B
Subsea development tying seven discoveries and one prospect to Troll B; estimated 240 million boe. Plan includes 13 wells, seabed tie‑in and DG2 decision planned end of year.
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18 June 2026
Braskem launches Blooming Future LR1 chemical/product tanker
Next‑gen LR1 tanker begins service to carry naphtha with biofuel‑ready engines and energy‑efficient systems, targeting ~30% lower CO2 (~6,500 t/year).
18 June 2026
Evonik expands Tailor Made efficiency program; 3,200 jobs to go
Companywide restructuring through 2029 including 3,200 job cuts and discontinuation of the polyester business in 2027.
18 June 2026
Statkraft and Alcoa agree 4.8 TWh supply to secure Lista aluminium plant
About 4.8 TWh of power for 2028–2031 to underpin Lista production after Line 2 restart, supporting the plant’s 95,000 tpa nameplate capacity and further development.
18 June 2026
UPM to curtail production at Kaukas and Pietarsaari pulp mills
Kaukas will be shut from 3 Aug 2026 for ~six weeks; Pietarsaari may face a temporary shutdown in October to optimise production and wood sourcing.
18 June 2026
ORLEN takes 20% stake in Goliat and four Norwegian licences
Acquisition adds ~58 million boe (including ~3 BCM gas) and aims to lift output from ~4,000 to ~12,000 boe/d through development of Goliat and Goliat Ridge.
18 June 2026
Kemira and IFF move Alpha Bio manufacturing to Hanko
Alpha Bio JV shifts its planned commercial-scale biobased materials plant to Hanko; EUR 130m investment, 50/50 ownership, commercial production now targeted for 2029.
17 June 2026
PCC SE consolidates MCAA business into PCC Rokita SA
Share-swap would issue 4,251,619 new shares using a six‑month VWAP example (68.05 PLN), implying about €68m valuation; aims to centralise MCAA production and capture synergies.
17 June 2026
INEOS Styrolution to close Channahon, Illinois polystyrene plant
Closure driven by market oversupply and margin pressures; decommissioning through Q4 2026; about 100 employees affected; production consolidated to Decatur (AL) and Altamira (MX).
17 June 2026
Repsol signs MoU to assess Horcón area in Venezuela
MoU with Venezuelan government and PDVSA to evaluate Horcón area, study offshore gas prospects, and address payments and crude cargo scheduling.
17 June 2026
INEOS Phenol delays Doel (Antwerp) plant restart beyond 2027
Planned late‑2027 restart of the Doel phenol plant postponed due to weak demand, high energy and carbon costs; Gladbeck will continue operating and Doel kept ready.
17 June 2026
WACKER opens Karlovy Vary specialty silicones site
First production line started after two years; facility will supply customized silicones for electromobility, healthcare, appliances and energy markets.
17 June 2026
Stora Enso increases Skutskär fluff pulp capacity and to close softwood line L3
EUR 19m upgrade to lift fluff pulp output ~10%, taking Skutskär to 440,000 t/yr; softwood fiberline L3 to stop in Q3 2026 (subject to orders).
17 June 2026
SOCAR and ICD sign MoU to explore PPP financing
Joint MoU to explore financing for public–private partnership projects in Azerbaijan and other member countries, with ICD providing tailored Sharia-compliant solutions for project companies.
17 June 2026
Bilfinger awarded Phase 2 turnkey expansion at Gübretaş Söğüt Gold Mine
Turnkey installation, EI&C and commissioning of a new processing plant for the Söğüt Gold Mine; 24-month contract starting June 2026 with up to 650 workers onsite.
16 June 2026
Eni and Hera launch Ravenna Environmental Hub
26-hectare Ca’ Ponticelle site repurposed for circular-economy hub with waste pretreatment, soil biorecovery, 6 MWp PV and experimental vanadium flow battery.
16 June 2026
Equinor Capital Markets Day 2026 — plan to grow energy, cash flow and returns
Doubles 2026 buy-back to USD 3bn and sets USD 2–4bn annual buy-back guidance from 2027; growth targets across production, power and trading with strong cash-flow guidance.
16 June 2026
Siemens, Databricks and FFT integrate Industrial Edge with Databricks Platform
Edge-to-cloud link streams contextualized shopfloor and plant data directly to the cloud for scalable AI models, removing the need for complex IoT middleware.
16 June 2026
MOL and Serbian government sign shareholders' agreement on NIS governance
Defines governance and decision-making for NIS, secures Pancevo refinery operation and market supply with a 10‑year capacity commitment, but closing awaits seller agreement and OFAC approval.
16 June 2026
Essar Energy Transition Fuels and IRH agree USD 500 million crude and product facility
USD 500 million facility to secure crude sourcing, diversify feedstock and optimise working capital for Stanlow refinery’s refining and trading activities.
16 June 2026
MAIRE/NEXTCHEM buys 70% of ETEK (owner of SISEMTEK) to add metals recovery capabilities
Majority buy adds pyrometallurgical, hydrometallurgical and electrowinning tech to recover precious and critical metals from e‑waste, batteries, PV panels and mining tailings.
16 June 2026
Olin and Huntsman to merge as OlinHuntsman
All-stock merger creates an integrated North American chemicals platform with vertical chlorine/caustic integration, ~$12.5B pro forma revenue and $400M+ identified synergies.
16 June 2026
thyssenkrupp Uhde completes İGSAŞ ammonia converter cartridge and catalyst replacement
Restored 1,200 mtpd capacity with 13% production gain while running at 7% lower synthesis pressure and 70% lower converter pressure drop, cutting specific energy use.
16 June 2026
Kemira acquires Clear Water Technologies business in California
Adds California boiler and cooling‑tower service business with 2025 revenue just over USD 3M and 12 employees; to be integrated into Water Solutions to expand industrial water treatment services in North America.
16 June 2026
Sinopec selected for 2026 low‑carbon case
Chosen among 28 'Finding Zero‑Carbon Factories' cases for 2026; honoured for 16 consecutive years and highlighted for projects, capacity and efficiency measures.
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