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Operational Changes and Investments news
(page 52)
14 April 2023
Cepsa and Bio-Oils to Build Largest 2G Biofuels Plant in Huelva
The new plant will produce 500,000 tons of SAF and renewable diesel annually, create 2,000 jobs, and reduce CO2 emissions by up to 90%, with operations starting in 2026.
13 April 2023
Versalis Invests in Specialized Elastomers Production in Ravenna
The Ravenna site will see an €80M investment to boost production of thermoplastic rubbers, polybutadiene, and SBR for the tire and automotive sectors, with a focus on sustainability and innovation.
4 April 2023
Air Liquide Launches ASU in Schwarzheide
A new air separation unit in Schwarzheide strengthens battery production, supports various industries, and enhances regional supply chains while optimizing environmental impact.
4 April 2023
DSM selects BakerHicks for EPCM of methane-reducing feed additive plant
The new plant will produce Bovaer®, a feed additive reducing methane emissions from cattle. Construction began in 2022, with completion expected in 2025, supported by local expertise and sustainable practices.
3 April 2023
EU Approves €450M Italian Aid for Renewable Hydrogen Production
The EU approved a €450M Italian scheme to support renewable hydrogen and electricity production in brownfield areas, aiming to accelerate the green transition and reduce fuel dependencies.
31 March 2023
Neste Advances Liquefied Waste Plastic Processing at Porvoo Refinery
The second series of runs processed 3,000 tons of waste plastic, advancing chemical recycling. Future plans include scaling to 400,000 tons annually, aiming for 1 million tons by 2030.
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30 March 2023
UK Government Selects Essar Vertex Hydrogen Project for Hydrogen Economy Development
The UK Government's £20bn funding supports hydrogen projects, boosting investment and job creation. Vertex Hydrogen will produce 350MW by 2026, capturing 600,000 tonnes of CO2 using HyNet's infrastructure.
30 March 2023
Stena Recycling Opens Battery Recycling Plant in Sweden
The new facility recycles 95% of EV batteries, with a capacity of 10,000 tons annually. It aims to scale up as demand grows, fostering industry cooperation for a circular economy.
29 March 2023
Lonza Expands Drug Product Manufacturing in Visp
The new cGMP line in Visp is operational, with first batches in April 2023. It supports clinical and commercial needs, enhancing end-to-end solutions and complementing recent site expansions.
27 March 2023
Morssinkhof-Rymoplast Invests in PET Recycling Plant in Belgium
Awarded a nine-year contract, the new plant will recycle 27,500 tonnes of PET annually, using advanced technology to handle complex materials and produce high-quality recycled PET.
21 March 2023
Olin to Close Dutch Cumene Plant
Operations will cease at epoxy resin facilities in South Korea and Brazil. Q1 2023 results will include $57M in restructuring charges, with $15M as non-cash asset impairments.
17 March 2023
PowerCo Begins Construction of Second Gigafactory in Valencia
The new gigafactory in Valencia will start production in 2026, creating over 3,000 direct jobs and up to 30,000 indirect jobs. It aims for sustainable battery production with green electricity.
16 March 2023
New Recycling Plant in Lommel to Process Butter Tubs and Shampoo Bottles
A new recycling plant in Lommel will process 40,000 tonnes of plastic annually, creating 65 jobs. Operational by October 2024, it supports Belgium's circular economy and sustainable practices.
7 March 2023
BASF Expands Aroma Ingredients Production in China and Germany
New plants in China and Germany will boost citral production to 118,000 metric tons annually, enhance supply security, and support sustainable production with renewable electricity and advanced technologies.
2 March 2023
Synthos to Halt ESBR Production at Kralupy Plant
Production will cease in Q2 2023 due to high utility costs and geopolitical issues. Annual ESBR capacity will drop from 430,000 to 320,000 tonnes. Other rubber types will continue production in Poland and Germany.
24 February 2023
BASF Reports 2022 Resilience, Implements Cost-Saving Measures in Europe
In 2022, sales rose 11.1% to €87.3B, but EBIT fell 11.5%. High energy costs and impairments impacted earnings. Cost-saving measures aim to save €500M annually and reduce CO2 emissions by 4%.
24 February 2023
Getinge to Establish UK Headquarters in Derby
The new facility will house chemistry and decontamination operations, a training academy, and a showroom. It aims to boost local employment and economic growth, with operations starting in August 2023.
16 February 2023
Lonza Expands Bioconjugation Facility in Visp
The expansion includes two new manufacturing suites, enhancing capabilities for clinical and commercial supply, and increasing process, analytical development, and quality control capacity.
14 February 2023
Enagás Renovable and Naturgy Unveil 280 MW Renewable Hydrogen Plant in La Robla
The 485M euro plant will cut 430,000 tonnes of CO2 annually, aiding local decarbonization and economic growth. Set to start in 2026, it will also include a 450 MWp solar project.
14 February 2023
Grupa Azoty ZAK Completes €14m Energy Projects in Poland
Two energy projects were completed, enhancing ammonia production and efficiency. Upgrades included a partial combustion unit and boiler improvements, reducing emissions and increasing process safety.
13 February 2023
INEOS Secures €3.5 Billion for Europe's Greenest Cracker in Antwerp
The new Antwerp cracker will have the lowest carbon footprint in Europe, use low carbon hydrogen, and create 450 jobs. Supported by 21 banks, the €3.5B financing includes €1.5B uncovered debt.
6 February 2023
Covestro Launches New Chlorine Plant in Tarragona
The new plant uses ODC technology, cutting energy use by 25% and CO2 emissions by 22,000 tons annually. It boosts MDI production, creates 50 jobs, and strengthens Tarragona's chemical industry.
2 February 2023
Repsol Invests in Circular Economy at Puertollano Complex
A new recycled plastics line at Puertollano will double capacity, create 200 jobs, and align with EU recycling targets. The site will also host Spain's first polyurethane foam recovery plant.
31 January 2023
Evonik invests €25m in Wesseling methionine plant upgrade
€25m investment enhances methionine production in Wesseling, improving efficiency and safety. Supports long-term supply to Antwerp hub, reinforcing global methionine network.
26 January 2023
Gasunie Update: Zuidbroek Nitrogen Plant Operational by October
Construction to finish this spring, with testing in summer. The new situation won't impact Groningen gas production for 2022/2023 due to lower demand and existing nitrogen facilities meeting needs.
24 January 2023
Grupa Azoty Doubles Nitric Acid Capacity in Tarnów
The new unit boosts annual nitric acid capacity to 80,000 tonnes, enhancing supply for fine chemicals and strengthening market position in Europe. Construction cost PLN 57.1m, completed in 2.5 years.
17 January 2023
PureCycle to Build First European Recycling Plant in Belgium
The new plant in Antwerp-Bruges' NextGen District will recycle 59,000 metric tons of polypropylene annually, with potential expansion. Construction starts post-permitting in 2024, creating 65-70 jobs.
12 January 2023
Europe's Largest Rare Earth Deposit Found in Sweden
The Kiruna deposit holds over one million tonnes of rare earth oxides, crucial for electric vehicles and wind turbines. Mining could start in 10-15 years, addressing Europe's supply and geopolitical challenges.
12 January 2023
CABB Invests in Sustainable Expansion at Kokkola Site
Investing over EUR 50 million by 2025, the Kokkola site expands with new reactors, a packaging plant, and a CO2-neutral office. Efforts include reducing CO2 emissions by 6,000 tons annually.
12 January 2023
TotalEnergies Launches France's Largest Biogas Unit
BioBéarn in Mourenx converts 220,000 tons of organic waste into 160 GWh of biomethane and 200,000 tons of digestate annually, reducing CO2 emissions by 32,000 tons and supporting local sustainable growth.
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