Operational Changes and Investments news (page 11)

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  23 June 2025

  Linde to Supply Gases for Low-Carbon Ammonia Plant in Louisiana

  A new air separation unit will supply oxygen and nitrogen to a major low-carbon ammonia project, enhancing existing infrastructure in the U.S. Gulf Coast. Completion is expected by 2029.
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  20 June 2025

  CVC DIF Acquires OMR Moerdijk, Dutch Biogas Firm

  OMR processes 50,000 tonnes of food waste into biogas annually. A new biogas upgrader will enhance biomethane production, supporting the Dutch energy transition.
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  17 June 2025

  TotalEnergies Secures North Sea Offshore Wind Concession

  The N-9.4 concession enables 1GW wind capacity, with €18M paid for marine conservation and €8.1M annually for grid connection. Strategic review launched due to TSO delays.
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  5 June 2025

  Perpetual Next Secures Land for Biomethanol Plant in Moerdijk

  Perpetual Next plans a biomethanol plant in Moerdijk, aiming for 660,000 tons annual EU capacity. The maritime sector's demand is rising, needing 50-60 global sites by 2030.
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  2 June 2025

  Uniper and Microsoft Partner to Transform Energy Industry with AI

  AI will enhance energy processes, optimize trading, and improve plant efficiency. A new AI lab and data strategy will support this, ensuring data security and fostering a collaborative AI culture.
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  29 May 2025

  Celtic Renewables: Advancing Low-Carbon Jobs in Grangemouth

  Celtic Renewables converts waste to green chemicals, creating jobs and training in Grangemouth, with plans to expand biorefineries and workforce across the UK and Ireland.

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  28 May 2025

  BASF to Acquire DOMO's 49% Stake in Alsachimie Joint Venture

  BASF aims for full control of Alsachimie to enhance its PA 6.6 production in France, pending consultations. DOMO focuses on tailored polyamide solutions in core segments.
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  25 May 2025

  EBRD Backs Evertis' Sustainable Plastic Expansion in Lithuania

  EBRD lends €25M for a PET film facility in Lithuania, boosting recycled content, reducing waste and emissions, and creating jobs, aligning with EU Green Deal goals.
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  22 May 2025

  Essar Energy Transition Completes US$130mn Turnaround, Plans US$350mn Annual Improvements at Stanlow Refinery

  Turnaround boosts throughput by 8%. New hydrogen-ready furnace installed. Business plan targets US$350mn in improvements. Debt reduction of US$600mn planned for decarbonisation investments.
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  22 May 2025

  AkzoNobel to Close Sites in Netherlands and Belgium

  The closures are part of a strategy to streamline operations, focus on larger sites, reduce costs, and boost growth. Employee consultations are ongoing.
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  15 May 2025

  Rompetrol Rafinare Q1 2025 Operational Growth

  Turnover rose 21% to $1.3B, despite a 30% EBITDA drop. Fuel sales grew, exports hit $407M, and state contributions increased to $372M. LDPE plant restarted, boosting petrochemical output.
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  14 May 2025

  WuXi Biologics Sells Leverkusen Plant to Terumo

  The Leverkusen plant sale aligns with WuXi's strategy to focus on large-scale DP manufacturing in Singapore, enhancing global client solutions and optimizing asset returns. Completion expected in 2025.
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  13 May 2025

  Borealis Advances Circular Economy in 2024

  Borealis boosts circular production, expands product lines, and forms strategic partnerships to enhance recycling and sustainability across sectors in 2024.
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  12 May 2025

  Bayer refocuses Crop Science R&D and production in Germany on strategic technologies

  Production in Frankfurt ends by 2028; R&D moves to Monheim. Dormagen streamlines, focusing on innovation. Job impacts addressed with employee reps.
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  8 May 2025

  DOMO Chemicals Boosts Mumbai Compounding Capacity

  Expanding in India, DOMO enhances R&D and supply chain for faster delivery and innovation, focusing on sustainable, high-performance materials for e-mobility and electronics.
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  1 May 2025

  Dreexo Energy to Build Circular Economy Plant in Cádiz

  The plant will convert non-edible fats and oils into chemicals, creating jobs and minimizing waste, supporting sustainable industry in Andalucía.
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  30 April 2025

  INEOS and Covestro Sign 8-Year LNG Supply Deal to Boost European Industry

  The agreement ensures long-term energy security for European operations, supporting industrial resilience and addressing energy transition challenges.
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  29 April 2025

  Tengizchevroil Secures Contracts with Kazakhstani Suppliers

  TCO signed contracts worth $10.5M with local firms for equipment at the Kazakhstan Machine Builders Forum, boosting local content in oil and gas projects.
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  29 April 2025

  BASF to Build Semiconductor-Grade Sulfuric Acid Plant in Germany

  New plant to boost semiconductor-grade sulfuric acid production by 2027, enhancing supply chain reliability and supporting Europe's chip manufacturing growth.
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  22 April 2025

  TotalEnergies Antwerp Platform Adapts to Energy Transition and Market Trends

  Antwerp site invests in green hydrogen, SAF, and battery storage to boost decarbonization and efficiency, while ceasing an old steam cracker to address petrochemical overcapacity.
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  14 April 2025

  DOMO Unveils Sustainable E-Mobility Solutions at Chinaplas 2025

  Showcasing sustainable polyamide solutions, metal replacement, and recycling innovations for e-mobility and energy management in the Asian market.
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  9 April 2025

  Neste Begins SAF Production at Rotterdam Refinery

  Production capacity increased to 1.5 million tons annually. Expansion in Rotterdam to double capacity by 2027, boosting global renewable fuels output to 6.8 million tons.
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  3 April 2025

  EIB Grants Lantmännen EUR 50M for Swedish Pea Protein Plant

  The investment boosts EU food security, reduces protein imports, and aligns with sustainability goals, creating 30 jobs and promoting plant-based protein production in Sweden.
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  31 March 2025

  Kazakhstan Begins Construction on Major Polyethylene Plant in Atyrau

  The plant will produce 1.25M tons of polyethylene annually by 2029, creating 8,000 construction jobs and 800 operational jobs, boosting Kazakhstan's economy and reducing import reliance.
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  28 March 2025

  MOL Petrochemicals Develops Battery Storage Facility

  MOL is building a 40 MWh battery storage in Tiszaújváros to balance Hungary's grid, supported by EU funding. Completion is expected by Q1 2026.
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  26 March 2025

  TotalEnergies Launches Six Battery Storage Projects in Germany

  Investing €160M, the projects add 221 MW storage, enhancing Germany's power resilience and supporting renewables, with completion set for early 2026.
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  25 March 2025

  LANXESS Boosts 2024 Earnings

  EBITDA up 19.9% to EUR 614M. Sales down 5.2%. Strong cash flow, debt reduced. Cost savings ahead of plan. Urethane Systems sale to UBE finalizes specialty chemicals shift.
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  24 March 2025

  Versalis Opens Recycled Polymer Plant in Porto Marghera

  The new plant produces up to 20,000 tonnes of recycled polystyrene annually, enhancing Versalis' product range and supporting sustainable packaging and construction solutions.
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  20 March 2025

  Grangemouth's £3.5 Billion Transformation Plan Unveiled

  Nine pathways to renewables are proposed, aiming to create 800 jobs. Private investment is crucial, with SAF as a key focus. Challenges include high costs and new supply chain needs.
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  20 March 2025

  OQ Chemicals to Start Heptanoic Acid Production in Germany

  Production begins June 2025, enhancing carboxylic acid portfolio and supply chain security. Heptanoic acid serves sectors like performance materials, energy, consumer products, and aviation.