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Operational Changes and Investments news
(page 47)
8 January 2025
Naturgy to Develop 30 Biomethane Plants in Spain
The alliance aims to produce 2.5 TWh of biomethane annually, cut CO₂ by 450,000 tonnes, and boost the circular economy by using organic waste for energy and local benefits.
6 January 2025
MSD Ireland to Acquire WuXi Vaccines' Dundalk Facility
The acquisition involves a €500M investment, adding 1,000 jobs across Ireland by 2025, enhancing vaccine production capabilities and strengthening Ireland's pharma sector.
20 December 2024
LKAB Seeks Permit for Luleå Industrial Park to Boost Europe's Critical Minerals Supply
The permit application aims to enhance Europe's self-sufficiency in critical minerals, supporting the green transition and creating jobs, with full-scale operations planned for the 2030s.
19 December 2024
Galp Sines Refinery Receives Biofuel Reactors
The reactors will produce biofuels by 2026, marking a European first with an integrated green hydrogen facility. Total investment: €650M. 76 permanent jobs will be created.
4 December 2024
Italgas to Invest €1 Billion in Greece's Ecological Transition by 2030
€1B plan focuses on network expansion, digital transformation, renewable gases, and workforce development to support Greece's ecological transition by 2030.
25 November 2024
EIB Provides €80 Million to Nortegas for Biomethane Plants in Spain
The loan supports renewable gas development, aiding Spain's decarbonization and energy security, aligned with REPowerEU and backed by InvestEU.
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22 November 2024
Peter Carlsson Steps Down as Northvolt CEO
Northvolt files for Chapter 11, appoints interim leadership, and initiates CEO search. Carlsson remains as Senior Advisor and Board Member.
22 November 2024
Gunvor Temporarily Halts Rotterdam Refinery Operations Amidst Challenging Market Conditions
75,000 bpd Rotterdam refinery halted from Nov 25, 2024 due to lack of viable feedstock and weak margins. Site remains trading terminal; SAF and energy projects continue.
20 November 2024
Vulcan and BASF to explore geothermal energy at Ludwigshafen site
The project aims to use geothermal energy for CO2-free steam and lithium extraction, benefiting local industries and reducing emissions. Seismic surveys start in 2025.
18 November 2024
Polish Firms Sign Cooperation Agreement for Explosives Production
The agreement aims to boost Poland's nitrocellulose and propellant production for ammunition, enhancing national security and creating jobs.
11 November 2024
Suomen Lantakaasu invests €80M in Kiuruvesi biogas plant, Finland
The plant will produce biogas from manure, aiming for 1 TWh of renewable fuel. EU funding supports the project, boosting local employment and reducing agricultural emissions.
8 November 2024
Shell Advances Plastic Circularity at Moerdijk
A new unit processes hard-to-recycle plastics into pyrolysis oil, enhancing circularity and reducing fossil feedstock reliance, with plans to handle 50 kilotons annually.
7 November 2024
Clariant boosts recycled MPG storage for deicing in Sweden
New tanks in Uddevalla enhance recycled MPG use, cutting carbon footprint and Scope 3 emissions, supporting circular economy and sustainability in deicing products.
5 November 2024
BASF Opens New Production Line in Heerenveen
The new line boosts water-based dispersion capacity, using green energy, with no extra CO2 emissions, supporting sustainable packaging and coatings.
1 November 2024
Rhône Energies completes acquisition of Fos-sur-Mer refinery
Acquired Fos-sur-Mer refinery plus Toulouse and Villette-de-Vienne terminals from Esso; 140 kb/d crude capacity, ~310 staff, and a long-term supply deal with Esso SAF.
1 November 2024
Repsol invests €150M in Tarragona chemical complex
€50M for maintenance, €100M for safety and efficiency. 675 units inspected, 104,000 tonnes CO2 cut. 1,300 workers daily. Enhances competitiveness and sustainability.
28 October 2024
European Energy Launches 12 MW Green Hydrogen Facility in Denmark
The facility uses renewable energy for hydrogen production, with plans to expand. It supplies Port Esbjerg and local utilities, optimizing energy use and aiding decarbonization efforts.
25 October 2024
Eni Unveils Versalis Transformation Plan, Closing Italian Plants for Decarbonization
The plan invests €2B to cut emissions, shift to sustainable chemistry, and reduce exposure to declining basic chemicals, aiming for a high-value downstream portfolio by 2029.
21 October 2024
Mercedes opens battery recycling plant in Germany with 96% recovery rate
The plant uses a mechanical-hydrometallurgical process to recover lithium, nickel, and cobalt, supporting sustainable electric mobility and circular economy goals.
15 October 2024
Yara Tertre Plans Site Transformation in Belgium
The site will close its ammonia unit, focus on nitrate fertilizers, cut 115 jobs, and aim for decarbonization to enhance competitiveness and secure long-term operations. Safety remains a priority.
11 October 2024
Lhyfe and Elyse Energy to produce e-methanol from green hydrogen at Nantes Saint-Nazaire Port
The Green Coast project aims to decarbonize maritime transport using e-methanol, supported by local and regional initiatives for a low-carbon industrial transition.
9 October 2024
CycleØ Group to invest €100m in four biomethane plants in Ireland
The investment will support decarbonization, waste management, and create green jobs, with no financial risk for farmers, using innovative nitrogen stripping technology.
8 October 2024
Covestro Invests €100M in R&D to Enhance Global Innovation Centers
Investments focus on digitalization, circular economy, and innovation in process technology, enhancing R&D capabilities in key global sites for sustainable solutions.
8 October 2024
Qemetica Soda Polska secures PLN 100 million for biomass boiler conversion
The project will cut coal use by 100,000 tonnes annually, reduce CO2 by 200,000 tonnes, and includes a biomass fuel system, aiming for zero coal by 2033. Completion is expected in 2027.
2 October 2024
RPM International to Open Resin Facility in Belgium
The new facility will enhance manufacturing, supply chain efficiency, and cost reduction, supporting global growth and operational goals. Opening is set for late 2024.
1 October 2024
Indaver Opens Advanced Recycling Plant in Antwerp
The plant recycles polystyrene and polyolefins into high-quality raw materials for food packaging, aiding EU recycling targets and using green energy. Full operation starts end of 2024.
26 September 2024
INEOS Inovyn launches major solar farm in Belgium for Net Zero transition
The solar farm, with 60MW capacity, cuts CO2 by 14,000 tonnes annually, aiding Europe's green goals. It features advanced panels and supports low carbon product development.
24 September 2024
PCI Pharma invests $365M in EU and US facilities for advanced drug delivery and device products
Investments enhance drug-device assembly, packaging, and storage in the US and EU, focusing on injectables and biologics, with new facilities in Illinois and Ireland.
24 September 2024
Solvay to End Production at Salindres Site
68 positions will be cut by late 2025 due to ongoing financial losses. Provisions of €50M will be recorded in Q3 2024, with cash-out starting in 2025. 2024 EBITDA and FCF guidance remain unchanged.
19 September 2024
LYB Begins Construction of Advanced Recycling Plant in Wesseling
The new plant will use MoReTec technology to recycle mixed plastic waste into new polymers, supporting Germany's circular economy goals. Startup is set for 2026, with EU funding of 40 million euros.
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