Operational Changes and Investments news (page 20)

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  28 November 2023

  Neste receives energy investment aid for green hydrogen project

  The Finnish Ministry granted EUR 1.96M for a 120MW electrolyzer project at Porvoo refinery. The project aims to produce green hydrogen and recover heat for district heating. Decision expected in 2024.
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  18 November 2023

  Porthos Launches First CO2 Storage Project in Rotterdam

  Porthos will invest €1.3 billion in a CO2 transport and storage system in Rotterdam, operational by 2026. It will store 2.5 Mton CO2 annually for 15 years, aiding Dutch climate goals.
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  10 November 2023

  ABB to Provide Electrical Engineering for Danish Green Hydrogen Facility

  The 1 GW Esbjerg plant will produce 90,000 tons of hydrogen annually, aiding decarbonization. ABB's involvement supports EU renewable hydrogen goals and will create 60 jobs.
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  10 November 2023

  Novo Nordisk to Invest €5.6 Billion in Expanding Danish Manufacturing Facilities

  The €5.6 billion investment will expand API and packaging capacity, create 800 jobs, and enhance sustainability. Completion is expected between 2025-2029, with 3,000 external workers during construction.
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  10 November 2023

  Sandoz Opens New Antibiotic Plant in Austria and Biosimilar Center in Germany

  EUR 175M investment enhances penicillin production and biosimilar development, improving ecological footprint and securing European supply. Supported by Austrian and Bavarian governments.
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  31 October 2023

  OMV and Interzero to Build Europe's Largest Chemical Recycling Sorting Facility

  The facility in Germany will process 260,000 tonnes of mixed plastics annually, creating 120 jobs. It will supply feedstock for chemical recycling, with production starting in 2026.

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  26 October 2023

  Mura Technology Launches First Commercial HydroPRS™ Recycling Plant in Teesside

  The plant will process 'unrecyclable' plastics, creating jobs and reducing carbon emissions. Key industry figures attended the launch, highlighting collaboration and economic benefits.
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  26 October 2023

  TotalEnergies Acquires Renewable Aggregator Quadra Energy

  The acquisition strengthens TotalEnergies' power business in Germany, leveraging Quadra Energy's expertise, weather-forecasting platform, and local developer knowledge to enhance trading and marketing activities.
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  26 October 2023

  Carbios Secures Permits for First PET Biorecycling Plant in France

  Construction starts on the world's first PET biorecycling plant in Longlaville, France, with a 2025 commissioning target. The plant will process 50,000 tons of PET waste annually, creating 150 jobs.
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  16 October 2023

  BASF Expands Ethylene Oxide Complex in Antwerp

  The expansion adds 400,000 metric tons/year capacity, includes a second ethylene oxide plant, and creates 100+ jobs, supporting growth in Europe for detergent, automotive, and construction industries.
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  12 October 2023

  BASF to Build New Fermentation Plant for Crop Protection in Germany

  The new plant will produce biological fungicides, seed treatments, and Inscalis® insecticide. It will employ 30 people and use renewable raw materials via fermentation, operational by late 2025.
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  11 October 2023

  Solvay to Cut Soda Ash Production in Torrelavega

  Production at Torrelavega will drop by 300-600 kilotons annually from January 2024. The site will focus on regional customers and sustainability, while exports shift to Green River, WY.
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  10 October 2023

  Tarragona Port Unveils €150M Sustainable Investment Plan

  The plan focuses on decarbonization, logistics, and safety, with key projects like a Logistics Zone and Contradique de Poniente to boost efficiency and support industrial transformation.
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  5 October 2023

  Evonik Expands Gas Separation Membrane Production in Austria

  New production lines for SEPURAN® membranes will be built in 2024, creating 50 jobs. The expansion supports green energy goals and aims to boost revenue from sustainable products by 2030.
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  4 October 2023

  Coca-Cola Romania Launches In-House rPET Manufacturing

  Coca-Cola's new Ploiesti unit produces recycled PET for beverage packaging, supporting a circular economy and reducing carbon emissions. The investment aligns with Romania's Guarantee-Return System.
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  2 October 2023

  Hystar to Build 4 GW Factory and Expand to North America

  A new 4 GW electrolyser factory in Norway will be operational by 2025. North American expansion includes a headquarters in 2024 and a multi-GW factory by 2027.
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  27 September 2023

  BASF Sells Neopolen® Business to Knauf

  The sale includes production facilities, products, IP, contracts, and trademarks. Around 40 employees will be affected. Completion is expected by March 31, 2024, pending regulatory approval.
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  20 September 2023

  TotalEnergies to Build Plastic Recycling Unit in France

  The new unit will produce 30,000 tons of recycled plastic annually by 2026, supporting high-performance packaging. It aligns with the goal of 1 million tons of circular polymers by 2030 and maintains 250 jobs.
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  12 September 2023

  Repsol Expands Sines Chemicals Complex

  The expansion includes new polyethylene and polypropylene plants, creating jobs and focusing on sustainability, decarbonization, and advanced technologies for a competitive, integrated, and flexible site.
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  5 September 2023

  LyondellBasell to Close One of Two Polypropylene Units in Brindisi

  Consultations with unions begin over potential redundancies. The closure aims to address strategic and financial challenges, focusing on higher value markets. Supply to customers will continue.
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  1 September 2023

  Andrada Group to Build Battery Recycling Plant in Hungary

  The plant will recycle 10,000 tons of EV batteries annually, create 200 jobs, and receive HUF 4.7 billion in government support. It will use advanced, environmentally safe technology.
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  23 August 2023

  Northvolt secures $1.2 billion as first energy storage systems roll out

  The $1.2B funding extends a previous $1.1B note, attracting major investors. Northvolt's new plant in Poland assembles battery systems, with customer deliveries expected later this year.
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  21 August 2023

  Grupa Azoty to Build New Ammonium Nitrate Plant in Tarnów

  The new plant will enhance production efficiency, reduce energy consumption by 250,000 GJ annually, lower operating costs, and improve environmental impact, with completion expected by Q4 2025.
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  1 August 2023

  Li-Cycle Begins Operations at First European Battery Recycling Facility in Germany

  The new facility in Magdeburg processes up to 30,000 tonnes of lithium-ion battery material annually, using eco-friendly technology. It supports Europe's largest battery market and creates 50 new jobs.
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  1 August 2023

  WACKER Boosts HCl Production for Semiconductors in Germany

  The Burghausen site now produces more ultrapure hydrogen chloride for semiconductor etching and cleaning, meeting high purity standards and addressing increased demand.
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  24 July 2023

  Group14 Technologies Acquires Schmid Silicon for European Expansion

  The acquisition secures a silane supply, supports European operations, and aims to expand the workforce and establish new offices, enhancing the global battery supply chain and supporting EU decarbonization.
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  19 July 2023

  ENE Secures 35.78-hectare Lease for Lithium Plant in Cáceres

  The 35-year lease costs 2.1M euros and covers a third of the project area. The plant will produce 100,000 metric tons of lithium carbonate annually, creating over 1,000 jobs and aiding the energy transition.
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  15 July 2023

  Stora Enso Announces Restructuring for Competitiveness and Profitability

  Plans include closing several production sites, reducing 1,150 jobs, and improving EBIT by EUR 110 million annually. Change negotiations will follow local regulations.
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  11 July 2023

  ORLEN Unipetrol Invests CZK 370 Million in Ammonia Production Modernisation

  The modernised ammonia unit in Litvínov boosts efficiency, reduces CO2 emissions, and increases recovery rates. The new reactor, operational since spring, supports ORLEN Unipetrol's decarbonisation goals.
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  11 July 2023

  Lhyfe and Perl Develop 70 MW Green Hydrogen Plant in Saarland

  A 70 MW green hydrogen plant in Perl, Saarland, will deliver 30 tons/day via the mosaHYc network, aiding industrial decarbonization and regional economic growth. Construction starts in 2027.