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Operational Changes and Investments news
(page 46)
18 March 2025
LyondellBasell and Covestro Close PO11 Unit in Netherlands
PO11 unit closure due to overcapacity, high costs, and imports. LYB and Covestro focus on strategic assets and maintain customer relations. Shutdown by 2026.
18 March 2025
LyondellBasell, Covestro to Close PO11 Unit in Netherlands
Closure due to global overcapacity, high costs, and weak demand. LYB to safely shut down by 2026. Commitment to European market and ongoing customer support remain.
18 March 2025
Arkema Advances Acrylic Acid Plant Project in Carling, France
The new plant will enhance energy efficiency by 25% and reduce carbon intensity by 20%, with full operation expected in 2026.
17 March 2025
Sinopec Achieves China's Largest Bunker Fuel Load
Sinopec supplied 8,549 tons of fuel oil to the "Excellence," a vessel with offshore CCS, setting a record and enhancing China's port service capabilities.
12 March 2025
QEMETICA Plans Janikowo Soda Plant Hibernation
High energy costs and competition force plant closure, impacting jobs. Support sought for fair competition and cost reduction. Diversification and global investments underway.
12 March 2025
Moeve and Exolum invest €300M in Port of Huelva for energy transition infrastructure
New infrastructure at the Port of Huelva will enhance biofuel operations, improve logistics, and support decarbonization efforts, aligning with regional industrial policies.
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5 March 2025
Buss Terminal Eemshaven Expands for Offshore Wind Logistics
The terminal expands with 15 hectares and 200m quay, boosting capacity for offshore wind and other industries, enhancing its role as a logistics hub in the North Sea.
5 March 2025
INERATEC secures €70 million for Europe's largest e-Fuel plant in Frankfurt
€70m funding will boost e-Fuel production, aiding aviation decarbonization and supporting EU climate goals through innovative reactor technology and strategic partnerships.
3 March 2025
Astarta to Build Multiseed Crusher
The project in Khmelnytsky will cost USD76m, process 400kt annually, and start in 2026. It aims to boost local jobs, tax revenue, and meet EU soybean demand.
26 February 2025
CSBP Halts Kwinana Superphosphate Plant Operations
Due to declining demand and rising costs, the Kwinana SSP plant enters care and maintenance. CSBP will import SSP and repurpose the facility for increased storage capacity.
19 February 2025
BASF to Build New Alcoholates Plant in Ludwigshafen
The new plant will produce sodium and potassium methylate for biodiesel, pharma, and agriculture, enhancing site competitiveness and supporting market demand. Completion is expected in 2027.
18 February 2025
Industrial Group to Acquire Northvolt Systems Industrial Division
The acquisition includes assets, employees, and contracts, ensuring seamless operations. The move aligns with a strategic focus on large-scale cell manufacturing. Regulatory approval pending.
13 February 2025
Nova Alumina to Build Waste-to-Energy Facility, Replacing Coal for Sustainable Production
€150M waste-to-energy plant using municipal waste, with Chinese partner to replace coal, cut CO2 and landfill use, meet EU emission limits; expanding solar to 20 MW
10 February 2025
Momentum Global Ventures Boosts Investment in Perpetual Next
Perpetual Next secures funding for 15 biofuel projects, reduces debt, and gains public support, positioning for strategic partnerships and expansion in methanol and biogas production.
10 February 2025
Origin by Ocean Opens Demo Facility in Finland
The facility processes invasive algae into ingredients, bridging lab innovation to industrial scale, and sets the stage for a future biorefinery in Finland.
5 February 2025
Aluminerie Alouette Plans $1B Investment in Sept-Îles
Aluminerie Alouette seeks a long-term power deal to support modernization and decarbonization, ensuring economic and environmental benefits for Quebec.
29 January 2025
Bolton to build sustainable adhesives plant in Rheinmünster, Germany
Rheinmünster plant (operational by end-2027) will centralize production and logistics, increase automation and efficiency, reduce CO2 through electrification, and provide modern workplaces.
29 January 2025
Repsol to Invest €800 Million in Europe's First Renewable Methanol Plant
The plant will convert waste into renewable methanol, creating jobs and reducing CO2 emissions, with EU support for its innovative approach to decarbonizing transport.
23 January 2025
European Commission finds Poland's €23m aid to PCC MCAA compliant with EU rules
Two measures — a €16m direct grant and up to €7m tax exemption — supported an ultra‑pure monochloroacetic acid plant in Brzeg Dolny; Commission found them compatible under regional aid rules.
23 January 2025
Perpetual Next Secures €30M Subsidy for Green Gas and CO2 Production
Perpetual Next expands its Moerdijk biogas plant to produce green gas and liquid CO2 for Dutch horticulture, enhancing sustainability and efficiency.
21 January 2025
INEOS Aromatics Gains Environmental Support for Geel Permit After Talks
A new permit aligns cobalt discharge with water standards, reducing emissions by 90% by 2027. A monitoring committee will oversee progress, urging government action on water policy.
19 January 2025
CARBIOS delays Longlaville plant construction by 6-9 months due to financing
Discussions with stakeholders continue; state aid pending EU approval. Cash reserves and strategic adjustments ensure financial stability. New interim CEO appointed.
16 January 2025
Ren-Gas Chooses MAN Energy Solutions for Tampere E-Methane Plant
MAN will supply a 50 MW methanation reactor for converting green hydrogen and CO2 into e-methane, supporting heavy transport and district heating in Tampere.
16 January 2025
Ren-Gas Chooses MAN Energy Solutions for Tampere E-Methane Plant
MAN will supply a 50 MW methanation reactor for converting green hydrogen and CO2 into e-methane, supporting heavy transport and district heating in Tampere.
13 January 2025
Spolana Restructures for Future Transformation
Production shifts focus to industrial decarbonisation, closing PVC and caprolactam lines, cutting 500 jobs, offering severance and retraining, while modernizing sulphuric acid production.
10 January 2025
Groningen Seaports Invests Amid Industry Challenges
Despite a tough year, significant investments continue in industrial sites, with a focus on circular and green sectors, while managing setbacks and maintaining a positive outlook.
10 January 2025
AkzoNobel Invests €22M in France to Streamline Operations
€22M investment to modernize operations in France, leading to 211 job cuts and 29 new roles by 2026. Reorganization includes outlet transfers and closures.
9 January 2025
Alleima Supports Preem's Renewable Jet Fuel Transition
Heat exchanger tubes will aid a Swedish refinery's shift to renewable fuels, reducing emissions by 2-3 million tons annually and cutting fossil fuel production.
9 January 2025
Perstorp Acquires Amsterdam Site to Enter Synthetic Ester Market
The acquisition targets specialty fluids, focusing on sustainable synthetic esters for data center cooling, with plans for ISCC PLUS certification and backward integration.
8 January 2025
Covestro Expands Ohio Production Facility
Covestro invests in Ohio to boost polycarbonate production, meeting U.S. demand in automotive, electronics, and healthcare sectors. Operations to start by end of 2026.
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