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Operational Changes and Investments news
(page 34)
10 February 2025
Momentum Global Ventures Boosts Investment in Perpetual Next
Perpetual Next secures funding for 15 biofuel projects, reduces debt, and gains public support, positioning for strategic partnerships and expansion in methanol and biogas production.
10 February 2025
Origin by Ocean Opens Demo Facility in Finland
The facility processes invasive algae into ingredients, bridging lab innovation to industrial scale, and sets the stage for a future biorefinery in Finland.
5 February 2025
Aluminerie Alouette Plans $1B Investment in Sept-Îles
Aluminerie Alouette seeks a long-term power deal to support modernization and decarbonization, ensuring economic and environmental benefits for Quebec.
29 January 2025
Bolton to build sustainable adhesives plant in Rheinmünster, Germany
Rheinmünster plant (operational by end-2027) will centralize production and logistics, increase automation and efficiency, reduce CO2 through electrification, and provide modern workplaces.
29 January 2025
Repsol to Invest €800 Million in Europe's First Renewable Methanol Plant
The plant will convert waste into renewable methanol, creating jobs and reducing CO2 emissions, with EU support for its innovative approach to decarbonizing transport.
23 January 2025
Perpetual Next Secures €30M Subsidy for Green Gas and CO2 Production
Perpetual Next expands its Moerdijk biogas plant to produce green gas and liquid CO2 for Dutch horticulture, enhancing sustainability and efficiency.
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21 January 2025
INEOS Aromatics Gains Environmental Support for Geel Permit After Talks
A new permit aligns cobalt discharge with water standards, reducing emissions by 90% by 2027. A monitoring committee will oversee progress, urging government action on water policy.
19 January 2025
CARBIOS delays Longlaville plant construction by 6-9 months due to financing
Discussions with stakeholders continue; state aid pending EU approval. Cash reserves and strategic adjustments ensure financial stability. New interim CEO appointed.
16 January 2025
Ren-Gas Chooses MAN Energy Solutions for Tampere E-Methane Plant
MAN will supply a 50 MW methanation reactor for converting green hydrogen and CO2 into e-methane, supporting heavy transport and district heating in Tampere.
16 January 2025
Ren-Gas Chooses MAN Energy Solutions for Tampere E-Methane Plant
MAN will supply a 50 MW methanation reactor for converting green hydrogen and CO2 into e-methane, supporting heavy transport and district heating in Tampere.
13 January 2025
Spolana Restructures for Future Transformation
Production shifts focus to industrial decarbonisation, closing PVC and caprolactam lines, cutting 500 jobs, offering severance and retraining, while modernizing sulphuric acid production.
10 January 2025
Groningen Seaports Invests Amid Industry Challenges
Despite a tough year, significant investments continue in industrial sites, with a focus on circular and green sectors, while managing setbacks and maintaining a positive outlook.
10 January 2025
AkzoNobel Invests €22M in France to Streamline Operations
€22M investment to modernize operations in France, leading to 211 job cuts and 29 new roles by 2026. Reorganization includes outlet transfers and closures.
9 January 2025
Alleima Supports Preem's Renewable Jet Fuel Transition
Heat exchanger tubes will aid a Swedish refinery's shift to renewable fuels, reducing emissions by 2-3 million tons annually and cutting fossil fuel production.
9 January 2025
Perstorp Acquires Amsterdam Site to Enter Synthetic Ester Market
The acquisition targets specialty fluids, focusing on sustainable synthetic esters for data center cooling, with plans for ISCC PLUS certification and backward integration.
8 January 2025
Covestro Expands Ohio Production Facility
Covestro invests in Ohio to boost polycarbonate production, meeting U.S. demand in automotive, electronics, and healthcare sectors. Operations to start by end of 2026.
8 January 2025
Naturgy to Develop 30 Biomethane Plants in Spain
The alliance aims to produce 2.5 TWh of biomethane annually, cut CO₂ by 450,000 tonnes, and boost the circular economy by using organic waste for energy and local benefits.
6 January 2025
MSD Ireland to Acquire WuXi Vaccines' Dundalk Facility
The acquisition involves a €500M investment, adding 1,000 jobs across Ireland by 2025, enhancing vaccine production capabilities and strengthening Ireland's pharma sector.
20 December 2024
LKAB Seeks Permit for Luleå Industrial Park to Boost Europe's Critical Minerals Supply
The permit application aims to enhance Europe's self-sufficiency in critical minerals, supporting the green transition and creating jobs, with full-scale operations planned for the 2030s.
19 December 2024
Galp Sines Refinery Receives Biofuel Reactors
The reactors will produce biofuels by 2026, marking a European first with an integrated green hydrogen facility. Total investment: €650M. 76 permanent jobs will be created.
4 December 2024
Italgas to Invest €1 Billion in Greece's Ecological Transition by 2030
€1B plan focuses on network expansion, digital transformation, renewable gases, and workforce development to support Greece's ecological transition by 2030.
25 November 2024
EIB Provides €80 Million to Nortegas for Biomethane Plants in Spain
The loan supports renewable gas development, aiding Spain's decarbonization and energy security, aligned with REPowerEU and backed by InvestEU.
22 November 2024
Peter Carlsson Steps Down as Northvolt CEO
Northvolt files for Chapter 11, appoints interim leadership, and initiates CEO search. Carlsson remains as Senior Advisor and Board Member.
22 November 2024
Gunvor Temporarily Halts Rotterdam Refinery Operations Amidst Challenging Market Conditions
75,000 bpd Rotterdam refinery halted from Nov 25, 2024 due to lack of viable feedstock and weak margins. Site remains trading terminal; SAF and energy projects continue.
20 November 2024
Vulcan and BASF to explore geothermal energy at Ludwigshafen site
The project aims to use geothermal energy for CO2-free steam and lithium extraction, benefiting local industries and reducing emissions. Seismic surveys start in 2025.
18 November 2024
Polish Firms Sign Cooperation Agreement for Explosives Production
The agreement aims to boost Poland's nitrocellulose and propellant production for ammunition, enhancing national security and creating jobs.
11 November 2024
Suomen Lantakaasu invests €80M in Kiuruvesi biogas plant, Finland
The plant will produce biogas from manure, aiming for 1 TWh of renewable fuel. EU funding supports the project, boosting local employment and reducing agricultural emissions.
8 November 2024
Shell Advances Plastic Circularity at Moerdijk
A new unit processes hard-to-recycle plastics into pyrolysis oil, enhancing circularity and reducing fossil feedstock reliance, with plans to handle 50 kilotons annually.
7 November 2024
Clariant boosts recycled MPG storage for deicing in Sweden
New tanks in Uddevalla enhance recycled MPG use, cutting carbon footprint and Scope 3 emissions, supporting circular economy and sustainability in deicing products.
5 November 2024
BASF Opens New Production Line in Heerenveen
The new line boosts water-based dispersion capacity, using green energy, with no extra CO2 emissions, supporting sustainable packaging and coatings.
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