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Operational Changes and Investments news
(page 16)
23 March 2026
WACKER expands silicone emulsion production in India
New Panagarh GMP-certified silicone emulsion plant boosts local capacity, adds 60 jobs, serves cosmetics/personal-care customers, lets Amtala shift toward R&D and innovation.
23 March 2026
TotalEnergies ends U.S. offshore wind projects, returns leases to DOI
Signed settlements to relinquish Carolina Long Bay and New York Bight offshore wind leases, recover fees and reinvest equal funds into U.S. gas/LNG and power, citing cost and affordability concerns.
23 March 2026
ADNOC’s Al Jaber: Weaponizing the Strait of Hormuz Is Economic Terrorism
Al Jaber says choking the Strait of Hormuz is economic terrorism that raises costs worldwide; it's a security, not supply, issue. Urges open waters, cites UAE resilience and invites leaders to ADIPEC.
23 March 2026
Veolia to exit coal at Karviná by 2029 with multi‑energy plant
Transforms local heating to RDF/biomass/gas cogeneration (53% RDF), serving ~50,000 households, cutting CO2 by ~200,000 t, improving air quality and energy autonomy.
23 March 2026
BASF converts Ludwigshafen acid chlorides and chloroformates to 100% renewable electricity credits
Average product carbon footprint cut ~19% in 2025; plant modernization raised capacity ~30%; customers get lower‑PCF supplies without recertification, aiding Scope 3 reductions.
23 March 2026
Sinopec expands POE capacity with China's first full‑chain domestic IP
100kt solution‑method POE unit began linkage trials; with a 50kt demo and another 100kt under construction, domestic POE capacity reaches 250kt/yr. Metallocene catalyst + low‑VOC devolatilization enable varied grades for PV/EVs.
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23 March 2026
Sinopec Among China's Top EV Charging Operators
2025 charging platform exceeded 5 billion kWh (~200% YoY). It is rapidly expanding charging and battery-swap networks with Aodong, NIO and CATL to broaden oil‑gas‑hydrogen‑electric services.
20 March 2026
WACKER raises silicone prices effective April 1, 2026
Middle East conflict disrupted energy, raw-materials and trade routes, raising oil, gas, feedstock and logistics costs. Silicones unit affected; customers will be notified.
20 March 2026
Petrobras resumes investments in Minas Gerais during Lula visit
During Lula’s visit to Regap (Betim), resumption of investments announced: R$3.8bn (2026–30), up to R$9bn/10 yrs; 8k–36k jobs; +25k bpd capacity (2027) and 13.3 MW solar plant.
20 March 2026
Siemens invests $165M to expand U.S. AI infrastructure manufacturing
Expands manufacturing in NC and SC, adds 350+ jobs, scales prefabricated power distribution, medium‑voltage protection and busway systems for data centers; starts Careers Electric training.
20 March 2026
FUCHS posts solid FY 2025 results
FY2025: sales €3.56bn, EBIT €435m; EPS +2%; dividend +5% to €1.23/€1.22; free cash flow €316m. 2026 outlook: sales ~€3.7bn, EBIT ~€450m
19 March 2026
EU invests €330m in fusion and nuclear R&D and skills
Work Programme funds fusion-to-grid R&D, a PPP, startups, skills and facilities; supports fission research on waste, safety, materials, medical isotopes and talent mobility.
19 March 2026
ADNOC and OMV advance formation of Borouge Group International AG
Agreement allows marketing of B4 volumes, adds ~$400M net over 3 years (~10% EPS accretion), supports 16.2 fils dividend, targets strong credit ratings; transactions close ~Mar 2026.
19 March 2026
Croda opens Dahej manufacturing facility in India
New Dahej plant boosts supply for Life Sciences, Consumer Care and Industrial sectors; uses low‑carbon power, ZLD, RSPO feedstocks, advanced ops, safety focus and women-led packaging.
19 March 2026
Iberdrola hits 11 GW U.S. generation capacity
Nearly 100 U.S. facilities across 25 states, capacity meets >7M Americans; added 850 MW recently. Plans €16B investment (2025-28) for grids and new generation.
19 March 2026
Eni reorganises Plenitude ownership, prompting deconsolidation
Raise ~€1.5bn via non‑pro rata issue (pre‑money €10.75bn). New joint control; major holder ~65%. Funds to back 15 GW and 15M customers by 2030. Subject to approvals.
19 March 2026
Eni 2026–2030 Plan
Consistent strategy: strong E&P project pipeline driving 3-4% production growth to 2030, self-funding Transition units, CFFO rising to €17bn, €40-45bn FCF 2026-30, lower gearing and higher payouts.
19 March 2026
Heidelberg Materials to reduce clinker production at Skövde plant
Skövde will shift from clinker making to cement-only from 2027, sourcing clinker mainly from Slite due to weak construction demand; consultations on organisational changes will follow.
19 March 2026
Clariant opens pharma-grade PEG manufacturing plant in Texas
GMP-compliant excipient production strengthens supply-chain resilience, shortens lead times, and improves continuity and traceability for pharma customers across North & Latin America.
19 March 2026
EnviTec Biogas and LIQVIS expand Bio‑LNG network
Bio-LNG: low-emission, price-stable heavy-truck fuel—up to 1,700 km range, ~15-min refuel, <€1/kg; made from local organic feedstocks and rolled out via expanding station network
19 March 2026
BASF opens world's first industrial 3D‑printed catalyst plant in Ludwigshafen
X3D 3D-printed catalysts offer geometries that cut pressure drop, increase active surface and throughput, lower energy use; proven in customer plants.
19 March 2026
Plastic Energy powers start-up of TotalEnergies' Grandpuits advanced recycling plant
New 15,000 t/yr advanced recycling plant now producing TACOIL from hard-to-recycle plastics, feeding petrochemical sites to make high-quality, food- and medical-grade plastics.
19 March 2026
Equinor creates two business areas to sharpen market focus
Establishes two units: midstream/processing/infrastructure to secure safe, efficient onshore operations; and a market/trading unit to capture value from products and data. New org operational early 2027.
19 March 2026
Equinor Annual Report 2025
Record production and strong cash results in 2025; safety improved; adjusted operating income $27.6B; production 2,137 mboe/d; renewables +25%; emissions −34% since 2015.
19 March 2026
Sinopec Completes Polymer Solid-State Battery Microgrid Demonstration
Polymer solid-state battery microgrid demo at Suzhou uses polymer solid electrolytes with TOPCon flexible and perovskite PV; upgraded storage and intelligent microgrid raised peak daily charging 47%
19 March 2026
LANXESS expects recovery from H2 2026 at the earliest
2025 revenue -10.9% to €5.673bn; EBITDA pre-exceptionals €510m (-16.9%). Net debt down. Permanent cost cuts ~€100m, ~550 jobs. 2026 EBITDA guide €450–550m.
19 March 2026
Sumitomo Corporation to Deploy Palantir AIP for OCTG Supply Chain DX
AI/data platform to optimize OCTG supply chain—inventory, processing and billing. Europe pilot validated; rollout from FY2026 with phased function and regional expansion.
18 March 2026
Huntsman opens expanded Performance Products unit in Petfurdo, Hungary
Expanded plant began operations in 2026, boosting global capacity for amine catalysts (JEFFCAT) used in polyurethane, coatings, metalworking and electronics; project backed by Hungarian grant.
18 March 2026
Taiwan Bio and Terumo BCT to automate Treg manufacturing on Quantum Flex
Evaluate a 3-in-1 workflow to stabilize and scale Treg production for TRK-001 Phase 2, cut variability and COGS, shorten cycle time, and enable next-gen engineered Treg INDs.
18 March 2026
Boliden invests SEK 4bn in Garpenberg hoist and SEK 1.5bn in Rönnskär SCM plant
SEK 4bn hoist at Garpenberg to keep 4.5 Mt/yr past 2030; SEK 1.5bn Rönnskär demo plant (280 kt/yr SCMentum) 2026–28. SCM emits <5% of cement CO2; exploration continues.
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