Operational Changes and Investments news (page 10)

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  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.
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  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.
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  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.
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  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.
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  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.
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  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.

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  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.
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  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.
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  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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  12 September 2024

  bp and Iberdrola Approve 25MW Green Hydrogen Plant in Castellón

  The 25 MW green hydrogen project at Castellón refinery will be operational by late 2026, funded by 15M euros from the EU. It aims to decarbonize industry and create up to 500 construction jobs.
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  11 September 2024

  Kazakhstan Begins Construction of Atyrau Polyethylene Plant

  The plant will produce 1.25 MT of polyethylene annually by 2029, creating 8,000 construction jobs and 800 permanent jobs, boosting GDP by 1.2%, and reducing import dependency.
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  6 September 2024

  Minister Jordi Hereu Visits Cepsa’s Andalusian Green Hydrogen Valley

  The Minister of Industry and Tourism reviewed green hydrogen, biofuel projects, and sustainable chemistry efforts, highlighting a €5 billion investment in Andalusia for energy transition and decarbonization.
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  3 September 2024

  Eni and Snam Launch Italy's First Carbon Capture and Storage Project

  The Ravenna CCS project begins CO2 injection, capturing 25,000 tonnes annually, with plans to store up to 4 million tonnes by 2030, supporting Italy's decarbonization and climate goals.
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  29 August 2024

  Lummus Technology to Supply Ethylene Unit for Kazakhstan's First Polyethylene Plant

  The plant in Atyrau will boost Kazakhstan's economy, create jobs, and use advanced technology to convert ethane to ethylene, enhancing energy efficiency and reducing CO2 emissions.
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  29 August 2024

  BASF to Close Adipic Acid, CDon, and CPon Plants at Ludwigshafen

  Approximately 180 employees will be affected. The company will support them in finding new roles. Production will continue in South Korea and France.
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  22 August 2024

  Hystar selects thyssenkrupp for 4.5 GW electrolyser production line engineering

  The contract includes detailed planning for a compact 2,500 m2 factory, boosting efficiency and capacity from 100 MW, leveraging an existing supply chain for rapid scaling.
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  20 August 2024

  Neste Enhances Chemical Recycling Logistics in Porvoo

  Expanding logistics infrastructure to handle more liquefied recycled materials, including waste plastic and rubber tires, supporting the refinery's transformation into a renewable and circular solutions hub.
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  8 August 2024

  Redexis Invests €5.5M to Upgrade Almazán Biomethane Facility

  The upgraded facility will produce 20 GWh of biomethane annually, powering 3,170 homes by Dec 2024. This supports sustainable energy, rural growth, and reduces greenhouse gas emissions.
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  30 July 2024

  ICIG Acquires Clariant's Bioethanol Plant in Romania

  The site will be run by Corden BioChem, expanding its fermentation capacity. ICIG plans significant investments and will rehire many former employees.
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  25 July 2024

  Air Liquide Invests €100M in Sustainable Gas Supply for Aurubis in Bulgaria and Germany

  Air Liquide will build a new ASU in Bulgaria and upgrade four in Germany, enhancing gas supply efficiency and supporting Aurubis' sustainable copper production and industrial markets.
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  24 July 2024

  Shell to Build 100-Megawatt Hydrogen Electrolyser in Germany

  The 100-megawatt REFHYNE II electrolyser will produce 44,000 kg/day of renewable hydrogen by 2027, aiding decarbonization. Supported by EU policies and funding, it follows the success of REFHYNE I.
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  12 July 2024

  Europe's First Hydrogen-Ready Power Plant to Support UK Decarbonisation at Stanlow Refinery

  The plant will generate 125 MW of power, cut 740,000 tonnes of CO2 annually, and support regional decarbonisation. Completion is set for 2027, with significant investment in the North West of England.
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  10 July 2024

  BASF to Cease Glufosinate-Ammonium Production in Germany

  Production will end by 2025 due to economic reasons. Jobs will be retained until then. The company will source from third-party suppliers and focus on next-gen solutions with lower application rates.
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  4 July 2024

  Vertex Bioenergy Opens Corn Oil Extraction Facility in Cartagena

  The new facility extracts corn oil for livestock feed and biofuel production. With a €5M investment, it has a 4,000-ton annual capacity and 400-ton storage.
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  2 July 2024

  Shell Pauses Construction of Rotterdam Biofuels Facility

  Construction is paused to address project delivery and market conditions. Contractor numbers will reduce, slowing activity to control costs and optimize sequencing, ensuring future competitiveness.
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  26 June 2024

  EuroAPI FOCUS-27 Plan: Job Cuts and Facility Divestments

  The FOCUS-27 plan aims to boost competitiveness with €110-120M restructuring costs, €350-400M CAPEX, and €75-80M annual EBITDA by 2027, focusing on high-value APIs and strategic sites.
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  20 June 2024

  WACKER Begins Construction of New Silicone Production Site in Czech Republic

  The new site in Karlovy Vary will produce high-performance silicones by 2025, creating 200 jobs. It supports key industries like electromobility and medical care, enhancing WACKER's European production.
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  19 June 2024

  Generalitat Valenciana and IGNIS Sign MOU for Castellón Green Ammonia and Hydrogen Project

  The project aims to produce 800,000 tonnes/year of green ammonia, create 1,300 jobs, and cut 2 million tonnes of CO2 by 2031, enhancing Castellón's role in renewable energy and decarbonization.
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  11 June 2024

  Merck Invests €62M in New Quality Control Facility

  The new 10,000 sqm facility in Darmstadt will house 135 employees, meet sustainability standards, and enhance quality control for life science products, supporting Merck's €1.5B investment program.
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  11 June 2024

  OMV Petrom Invests EUR 750 Million to Produce Sustainable Fuels in Southeast Europe

  Investing EUR 750 million, a new plant will produce 250 kt/year of sustainable fuels by 2028, including SAF, HVO, and green hydrogen, reducing CO2 emissions by at least 70%.