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Operational Changes and Investments news
(page 3)
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
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.
9 February 2026
DOMO to Establish Asia Development Center in China
The new center in Haiyan will enhance innovation, support Asian customers, and focus on sustainable growth, leveraging local production and supply chain strengths.
6 February 2026
Porthos Project: CO₂ Injection Wells Ready
Four North Sea wells converted for CO₂ injection, ensuring safe storage. Work completed with no incidents. First injection planned for autumn 2026.
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6 February 2026
Evonik Expands HTPB Production Globally
Evonik boosts HTPB output with new facilities in Germany and Asia, enhancing supply reliability and meeting global demand.
6 February 2026
Ørsted Reports DKK 25.1 Billion Earnings in 2025
Ørsted strengthened its capital structure, completed divestments, and expanded offshore wind capacity, achieving a net profit of DKK 3.2 billion in 2025.
5 February 2026
SPIE Advances ALK's Low-Carbon Transition at Vandeuil Plant
SPIE replaced gas boilers with heat pumps at ALK's Vandeuil site, cutting CO2 emissions by 305 tons annually and enhancing energy efficiency.
4 February 2026
LOTTE Chemical Plans 2026 Expansion in High-Performance Materials and Eco-Friendly Energy
Recorded KRW 18,483B revenue, KRW 943.6B loss in 2025. Focus on reducing commodity petrochemicals, expanding high-value materials, and boosting eco-friendly energy capacity.
4 February 2026
OMV Petrom 2025 Financial Results and Investments
Record investments of 7.8 bn lei amid market volatility; net income down 27% due to impairments; strategic focus on energy transition and regional gas growth.
4 February 2026
Borouge Reports $1.1 Billion Net Profit for 2025 with Record Sales and Operational Performance
Achieved 37% EBITDA margin, record production, and sales. Focused on high-value products, cost control, and innovation. Expanded capacity and maintained strong dividends.
3 February 2026
INA Advances to Hot Commissioning Phase at Rijeka Refinery
The Rijeka Refinery's new unit enters hot commissioning, testing with process fluids. Full operation is expected in 2026, boosting diesel production and reducing import needs.
3 February 2026
Trinseo Raises Prices for PS, ABS, SAN in Europe
Effective February 1, 2026, prices for GPPS and HIPS increase by €130/ton, and ABS and SAN resins by €90/ton, subject to contract terms.
2 February 2026
XRG Acquires Stake in Southern Gas Corridor
XRG signed an agreement with Azerbaijan to invest in Southern Gas Corridor, enhancing energy security and cooperation in the region.
30 January 2026
WACKER Increases Silicone Prices
Prices for silicone products rise due to increased platinum costs, affecting sectors like automotive and medical. Existing contracts will be amended.
30 January 2026
Dangote Refinery: Daily Supply of 75m Litres PMS, 25m Litres Diesel, 20m Litres Jet Fuel
The refinery exceeds domestic fuel demand, enhancing supply stability and reducing import reliance, while ensuring regulatory compliance and supporting Nigeria's energy security goals.
30 January 2026
Lilly to Build $3.5B Manufacturing Facility in Pennsylvania
The new facility will create 2,800 jobs, produce weight-loss medicines, and boost the local economy with advanced technologies and partnerships in education and workforce development.
30 January 2026
LyondellBasell 2025 Earnings Report
Net loss of $738M; $563M excluding items. EBITDA at $1.1B; $2.5B excluding items. Cash from operations $2.3B. Exceeded cash plan by $200M. European asset divestment on track for 2026.
29 January 2026
Dow unveils Transform to Outperform for enhanced productivity and growth
Dow aims for $2B Op. EBITDA boost by simplifying operations, cutting costs, and modernizing customer service, with $1.1-1.5B in one-time costs, including severance for 4,500 roles.
29 January 2026
RWE Builds 400 MW Battery Storage in Lingen
The 400 MW battery storage in Lingen will stabilize the grid, deliver max output for 2 hours, and support renewable energy integration. Completion is set for 2028.
28 January 2026
Wacker Chemie AG Meets 2025 Expectations Despite Market Challenges
Sales and EBITDA fell due to weak demand, lower volumes, and currency effects. PACE project aims to cut costs. Net cash flow improved by reducing inventories.
27 January 2026
ENGEL Wins Swiss Plastics 2026 Award for Autonomous Injection Moulding Cell
ENGEL's AI-driven injection moulding cell optimizes processes, reduces waste, and addresses skilled worker shortages, winning public approval at Swiss Plastics Expo 2026.
27 January 2026
Asahi Kasei, Mitsui, and Mitsubishi to Merge Ethylene Production
The companies will consolidate ethylene production in western Japan, aiming for decarbonization by using biomass feedstock and Revolefin™ technology, targeting fiscal 2030 and 2034 milestones.
27 January 2026
Moeve Reduces Fresh Water Use by 21% in Spanish Industrial Parks Since 2019
Moeve plans a 25% water reduction by 2028, expanding efforts to Brazil, Canada, and China, while maintaining top water management ratings.
27 January 2026
ORLEN Secures Finnish Hydrogen for Polish Industry
ORLEN partners with Finnish firms to boost renewable hydrogen supply and storage, supporting Poland's energy diversification and EU decarbonization goals.
27 January 2026
Asahi Kasei, Mitsui, and Mitsubishi Collaborate on Decarbonizing Ethylene Production in Japan
The companies plan to consolidate ethylene production, use bioethanol, and dismantle outdated facilities to enhance decarbonization and optimize operations by 2034.
26 January 2026
ORLEN Rebrands PGNiG, Enhances Customer Benefits
Customers gain new benefits and promotions, with no action needed. Full changes visible by January 2026. ORLEN VITAY app evolves into a super app for integrated energy services.
26 January 2026
trinamiX Management Change at BASF
BASF explores strategic options for trinamiX, focusing on restructuring and cost efficiency. Dr. Lothar Laupichler replaces Dr. Ingmar Bruder as Managing Director.
26 January 2026
PPG Becomes Exclusive Coatings Supplier for Quality Collision Group
PPG will supply coatings, digital tools, and training to enhance productivity and efficiency at Quality Collision Group's 95+ repair centers across 13 states.
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