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Operational Changes and Investments news
(page 19)
20 February 2026
MOL Group Q4 2025 Results: Strong Downstream and Consumer Services Boost Performance
Upstream struggles amid tough conditions, while Downstream and Consumer Services thrive. Profit before tax drops 11% to USD 1.3B. 2026 guidance set at USD 1.5B.
19 February 2026
Altris awarded EIC funding to industrialize sodium‑ion batteries
Secures €2.5M grant plus up to €10M equity to scale Prussian‑White sodium‑ion cathode production, expand European manufacturing, validate with industrial partners and accelerate commercial rollout.
19 February 2026
Velocys Achieves 30% Cost Reduction in microFTL™ Technology Deployment
Standardisation and delivery efficiencies enhance capital efficiency for Altalto and NovaSAF 1 projects, advancing them toward final engineering and investment decisions.
19 February 2026
INEOS Secures €300M French Grant to Decarbonise Lavera Site
The investment cuts CO2 by 331,000 tonnes annually, secures jobs, boosts competitiveness, and supports France's industrial and climate goals through electrification and carbon capture.
18 February 2026
AFC Energy permitted to export and sell low‑carbon hydrogen from Dunsfold pilot plant
Environment Agency approved export/sale of low‑carbon ISO 14687 D hydrogen from Dunsfold pilot (up to 300kg/day); JV with ICL advancing Hy‑5 rollout and permitting for larger sites.
18 February 2026
Johnson & Johnson Invests $1 Billion in Pennsylvania Cell Therapy Facility
The new facility in Montgomery County will boost U.S. manufacturing capacity for cancer, immune-mediated, and neurological disease treatments.
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18 February 2026
NEXTCHEM Secures Licensing Deal in China for NX CONSER™ Technologies
The technologies will enable efficient co-production of BDO and DMS, supporting biopolymer production with improved cost, energy efficiency, and sustainability.
17 February 2026
ElevenEs Secures Series B Funding with Caterpillar Venture Capital
ElevenEs to start building a 1GWh LFP battery factory in Serbia, aiming for 2027 deliveries, creating 350 jobs, and advancing European battery tech.
17 February 2026
ORLEN's Largest Investment Program
PLN 380 billion will modernize Poland's energy system, focusing on gas security, renewables, and grid expansion, ensuring secure, affordable energy.
17 February 2026
OMV Petrom Modernizes Waste-Water Systems at Petrobrazi Refinery
Invested 20 million euros in advanced waste-water treatment, part of a broader modernization effort exceeding 2 billion euros since 2005, including a new sustainable fuels project.
16 February 2026
Kao selected by NEDO to build saccharification enzyme supply platform
Selected by NEDO to build a saccharification enzyme supply platform to convert unused biomass into sugars for bioproducts including bioethanol and SAF.
16 February 2026
MOL Requests Release of Strategic Oil Reserves to Ensure Supply
No oil via Druzhba since Jan 2026. MOL shifts to seaborne supply, first arrivals in March. Hungary may release 250,000 tons of reserves. 90-day reserves secure supply. Monitoring continues.
16 February 2026
MOL Requests Release of Strategic Oil Reserves to Ensure Supply
Due to halted Druzhba pipeline deliveries, seaborne crude oil is being used. Strategic reserves may be tapped if eastern shipments don't resume. Fuel supply remains stable.
16 February 2026
BASF Boosts BDO Production in Ludwigshafen for European Supply Security
Increased BDO output supports stable supply and strengthens downstream markets, focusing on sustainability and long-term European partnerships.
13 February 2026
Reju Selects Lacq for French Textile Regeneration Hub
The facility will recycle textiles into polyester, creating jobs and supporting France's circular economy and decarbonization efforts.
13 February 2026
Sinopec's Natural Gas Power Project Connects to Grid
Sinopec's project uses natural gas pressure differences for power, generating over 10,000 kWh by Feb 12, reducing costs and enhancing energy efficiency with intelligent control systems.
13 February 2026
OMV Petrom Launches Photovoltaic Project at Petrobrazi Refinery
A 7 MW photovoltaic park will be built for internal power at Petrobrazi, aiding decarbonization and green hydrogen production, co-financed by the Modernisation Fund.
12 February 2026
Sinopec Phenol Debuts in International Market
Sinopec's phenol export to New Zealand marks its international debut, achieved through strategic market analysis, efficient coordination, and meeting customer specifications.
12 February 2026
thyssenkrupp Q1 2025/2026: Sales Down, EBIT Up, Forecast Confirmed
Order intake fell due to prior major contracts. Sales dropped 8%, but EBIT rose 10% via APEX program. Transformation progresses with strategic moves in various segments.
11 February 2026
Terumo Europe's Heverlee Site Named Factory of the Future Again
The Heverlee site earns the Factory of the Future title for 2026–2028, highlighting its focus on innovation, sustainability, and quality in healthcare manufacturing.
11 February 2026
BASF Enhances Global Business Services with New Hubs
BASF consolidates Finance and HR in India, Supply Chain in Malaysia, to boost cost efficiency and service delivery, while maintaining regional operations for proximity.
11 February 2026
Port of Antwerp-Bruges Urges Action at European Industry Summit
Europe's industry faces challenges from high costs and slow permits. Urgent action is needed to boost competitiveness and prevent further decline.
11 February 2026
Aramco's iktva Program Reaches 70% Local Content Target
iktva added $280B to Saudi GDP, attracted $9B investment, created 200,000 jobs, and aims for 75% local content by 2030, enhancing supply chain resilience and economic growth.
11 February 2026
Neste Opens Lubricants Warehouse in Jönköping
Neste's new warehouse in Sweden enhances delivery speed for its high-quality lubricants, including the eco-friendly Neste ReNew line, supporting customers across Scandinavia.
11 February 2026
Yara's Q4 and Annual Results Show Strong Performance
Increased nitrogen margins, cost reductions, and strategic focus drive profitability. Future growth targets set for EBITDA improvements and cash flow.
10 February 2026
ArcelorMittal to build €1.3bn electric arc furnace in Dunkirk
Scheduled for 2029, it will cut CO2 intensity threefold, receive 50% support via Energy Efficiency Certificates and relies on EU TRQ/CBAM changes plus a long-term EDF power deal.
10 February 2026
ProLogium breaks ground on Dunkirk gigafactory
Construction begins on a Dunkirk gigafactory for fourth‑generation solid‑state lithium ceramic batteries to boost European battery manufacturing and supply-chain sovereignty.
10 February 2026
Petrobras Oil and Gas Production Hits 3 Million Barrels in 2025
Production rose 11% in 2025, with reserves up 1.7 billion boe. Domestic sales increased, driven by diesel and gasoline. Offshore production and refining efficiency reached new highs.
10 February 2026
Elkem Reduces Production at Norwegian Plants
Elkem halts production at Rana and Salten due to market challenges, high inventory, and power costs, potentially leading to temporary layoffs.
10 February 2026
ORLEN Expands LNG Operations: Increased Deliveries, Fleet, and Import Capacity
In 2025, LNG imports to Poland rose by 30%, with expanded terminal capacity and fleet. New export markets included Japan and Turkey. A second terminal will further boost capacity.
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