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Operational Changes and Investments news
(page 49)
6 May 2024
Jordanian Green Ammonia and Hynfra submit feasibility studies for green ammonia and hydrogen plant to Jordan’s energy minister
Study outlines $1.6B green ammonia/hydrogen plant in Aqaba SEZ using desalinated seawater and renewables; 8,000 construction jobs, ~200 direct & 750 indirect operational jobs
6 May 2024
IPP to Sell BASF's Ammonia, Methanol, and Melamine Plants in Germany
BASF's ammonia, methanol, and melamine plants in Ludwigshafen are for sale. The deal excludes financial details. The plants offer efficient production and are available for relocation.
26 April 2024
Kontron eSystems adopts WITTMANN integrated injection-molding systems
Five automated IMD injection-molding cells for EV wall-box housings: high-quality decorated surfaces, sub-1-minute cycles, integrated automation/transport, clean-room handling and central material feed
25 April 2024
CARBIOS Breaks Ground on PET Biorecycling Plant in France
The plant will process 50,000 tons of PET waste annually, creating 150 jobs. It uses enzymatic depolymerization to recycle PET, reducing reliance on oil and supporting a circular economy.
9 April 2024
Borealis Invests EUR 4.5 Million to Boost Circular Raw Materials at Porvoo Site
The investment will modify three cracker furnaces to increase production of renewable and recycled base chemicals, supporting a circular economy and achieving ISCC PLUS certification by 2025.
3 April 2024
TotalEnergies Announces New Battery Storage Project in Belgium
A new 25 MW, 75 MWh battery storage project in Feluy will boost Belgium's storage capacity to 50 MW, 150 MWh, aiding grid resilience and renewable energy growth. Completion expected by end of 2025.
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28 March 2024
PureCycle to pause Ironton purification facility in April
Flagship facility will pause operations April 1 for about 2–4 weeks to implement reliability and product-quality improvements; company will report results in May.
28 March 2024
SASA Boosts Polyester Output with New PTA Plant
The new PTA plant in Adana aims for 1.75 million tons annually, reducing import reliance, cutting costs, boosting production, creating jobs, and lowering emissions with Invista technology. Completion by Q4 2024.
26 March 2024
MOL Petrochemicals opens Eastern Hungary's largest 40 MWh battery storage
HUF 6.6bn battery storage stores solar power for use-on-demand, cuts energy costs and emissions, aids grid stability per MAVIR, and can cover about one-eighth of the MPK site’s demand for two hours.
19 March 2024
INEOS to End Ethanol Production at Grangemouth in 2025
All staff to be redeployed. Decision follows reduced demand and import pressure. Consultations with employees and Trade Union to begin. Ethanol supply to continue from Herne, Germany.
15 March 2024
Trinseo Considers Closing Virgin Polycarbonate Plant in Germany
The potential closure aims to boost annual profitability by $15-20M. Demand softens, prices drop due to oversupply. Trinseo explores recycling tech, with a pilot facility in the Netherlands.
9 March 2024
Yara Reduces Production at Ferrara and Le Havre Plants Due to High Natural Gas Prices
Production at these plants will operate at 45% capacity due to high natural gas prices. Yara will monitor the situation and use its global system to maintain supply and food chain continuity.
6 March 2024
bp to transform Gelsenkirchen refinery for lower-emission fuel production
The Gelsenkirchen refinery will reduce complexity, shut down parts, and convert plants to process biogenic materials, aiming to cut CO2 emissions by up to 500,000 tonnes annually from 2026.
1 March 2024
Celanese to Close Mechelen Operations
Operations in Mechelen to cease by September 2024, incurring $60-75M in costs. Employee termination costs pending consultation. Facility produces engineering thermoplastics and elastomers.
16 February 2024
Daiichi Sankyo Invests €1 Billion to Expand Pfaffenhofen Site into Innovation Center
The Pfaffenhofen site will develop cancer therapies, create 350 jobs by 2030, and enhance ADC technology. The expansion includes new labs, renewable energy use, and collaboration with local partners.
8 February 2024
Air Liquide Invests €40M to Boost Efficiency and Cut CO₂ at Stade Site
Investing €40M, the company will modernize assets, add CO₂ recycling, and improve energy efficiency by 15%, cutting emissions by 15,000 tonnes/year at its Stade, Germany site by 2024.
8 February 2024
Gasum Expands Riihimäki Biogas Plant
The Riihimäki biogas plant will add an advanced evaporation system to improve efficiency, reduce emissions, and recover valuable nutrients, supported by a 40% grant from the Finnish Ministry of the Environment.
6 February 2024
EU Outlines Plan for Carbon Management to Achieve Climate Neutrality by 2050
The EU aims to cut emissions by 90% by 2040, develop CO2 storage, and create a CO2 market. Actions include regulatory frameworks, funding, research, and international cooperation.
1 February 2024
Arkema Boosts Pebax® Elastomers Production by 40% in France
The new unit at Serquigny produces bio-circular and classical Pebax® elastomers, reducing water use by 25%. These materials serve sports, electronics, and specialty markets.
29 January 2024
Carbon Centric to Build Carbon Capture Plant in Norway
The plant will capture 10,000 tons of CO2 annually, converting it to food-grade quality. Funded by NOK 100 million, it aims to reduce emissions and reuse biogenic CO2, with completion by spring 2025.
26 January 2024
Shell to Convert Wesseling Site for Group III Base Oils Production
The Wesseling site's hydrocracker will be converted to produce Group III base oils, reducing carbon emissions by 620,000 tonnes annually. Operations to start in the latter half of this decade.
22 January 2024
Ecovyst to install emissions control system and enable expansion at Orange, Texas activation site
New air emission control system to improve emission-control efficiency and, with additional permitting, enable future capacity expansion at the Orange, Texas catalyst activation facility.
18 January 2024
Andrada Group to Open €33M Green Energy Recycling Plant in Sóskút
The plant will create 160 jobs, recycle energy storage systems, and support Hungary's green transition with advanced, sustainable technology. Operations to expand across Europe.
15 January 2024
Evonik Expands HTPB Production in Marl
The expanded plant will boost HTPB capacity by Q2 2024. The site benefits from integrated raw material supply and in-house R&D, enhancing service reliability and market position.
12 January 2024
BYK Netherlands Invests in New Solvent-Based Wax Dispersions Plant
The new plant in Deventer will replace the current facility, meeting future customer and regulatory demands. Commercial production starts end 2026, ensuring safety, sustainability, and reliability.
12 January 2024
Arkema Invests in Tiamat to Advance Sodium-Ion Batteries
Arkema's investment in Tiamat will boost sodium-ion battery development, aiming for a 5 GWh factory in France by 2025, reducing reliance on lithium and creating up to 1,000 jobs.
11 January 2024
INEOS Aromatics Converts Waste to Cement Raw Material
Waste previously incinerated is now repurposed as raw material for cement, aligning with Indonesia's green agenda and supporting sustainability.
11 January 2024
WACKER to Build Silicone Production Site in Czech Republic
New site in Karlovy Vary to produce specialty silicones by end of 2025, creating 200 jobs. Focus on room-temperature-vulcanizing silicones, later adding high-temperature-vulcanizing compounds.
1 January 2024
Köksan Holding Invests in r-PET Resin Facility
New facility to produce 110,000 tons of r-PET resin annually, aiming for 100% recycling. Half of output for export, reducing current account deficit by $100 million.
31 December 2023
Baerlocher UK expands calcium-based PVC stabiliser capacity
Five-decade evolution from distributor to UK producer; 1997 production start, 2000 granules, 2022 capacity +50% to meet recyclable-PVC demand in UK & Ireland.
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