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Operational Changes and Investments news
(page 39)
9 June 2023
Iberdrola and Trammo Sign Major EU Green Ammonia Export Deal
The project will produce and distribute 100,000 tons of green ammonia annually from 2026, creating 3,500 jobs and supporting EU decarbonization with a 750 million euro investment.
6 June 2023
Stora Enso Advances Circular Packaging in Oulu
A new board line in Oulu will produce 750,000 tonnes of renewable packaging by 2025, supporting sustainable, recyclable, and low-carbon solutions, creating 300 direct and 1,500 indirect jobs.
6 June 2023
BASF Expands Alkoxylate Production in Europe
The expansion boosts capacity by over 150,000 metric tons annually, enhancing supply security and flexibility for European customers in various industries, including detergents, automotive, and construction.
30 May 2023
Plug Power Expands into Finland's Green Hydrogen Market with PEM Electrolyzer and Liquefaction Technology
Plug plans three green hydrogen plants in Finland, producing 850 TPD by 2030. Projects will support ammonia, green steel, and local mobility, creating 1,000 direct and 3,000 indirect jobs.
30 May 2023
ACC Opens First Gigafactory in France
The first production unit will be operational by end of 2023. The factory will create 2,000 jobs by 2030, recycle 90% of its waste, and source materials responsibly.
18 May 2023
Veolia PET Germany to Close Rostock Site on Dec 31, 2023
The Rostock PET recycling site will close due to market instability and lack of long-term sales agreements, affecting 50 employees. Other sites in Switzerland, Norway, Sweden, and Hamburg remain operational.
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8 May 2023
WACKER Acquires ADL Biopharma to Boost Biotechnology Business
The acquisition expands fermentation capacity by 2,000 cubic meters, enhances recovery and purification processes, and aims to grow customer relationships in food, pharmaceutical, and consumer goods sectors.
5 May 2023
INEOS Inovyn Invests in 90,000-Panel Solar Farm to Cut CO2 Emissions in Belgium
The solar farm will supply 57,000 MWh annually, cutting 14,000 tonnes of CO2. It's part of a plan to reduce emissions by 30% by 2030 and achieve net zero by 2050.
5 May 2023
Dexcom to Build First European Plant in Galway, Ireland
The new facility in Galway will create up to 1,000 high-skilled jobs, supported by the Irish Government, and focus on automated, green technologies for continuous glucose monitoring.
4 May 2023
OQ Chemicals Opens New Pilot Plant for Customized Esters in Germany
The new pilot plant in Oberhausen produces small quantities of esters tailored to customer needs, bridging the gap between lab and large-scale production, enhancing R&D and innovation in Oxo Performance Chemicals.
3 May 2023
INEOS Inovyn and HyMove to Enhance Hydrogen Transport in Eastern France
New hydrogen systems and distribution network to decarbonize transport in Eastern France by 2026, supporting national emission targets and creating jobs in hydrogen technology.
21 April 2023
Veolia to Operate Turkey's First Waste-to-Energy Plant
The Istanbul plant processes 1.1M tonnes of waste annually, saving 1.5M tonnes of CO2 and generating 560,000 MWh of electricity, aiding Turkey's 2053 carbon neutrality goal.
19 April 2023
INERATEC Breaks Ground on E-Fuel Plant in Frankfurt
Starting in 2024, the plant will produce 2,500 tons of e-fuels annually using CO2 and green hydrogen, contributing to climate goals and advancing sustainable mobility in aviation and shipping.
14 April 2023
OMV Petrom Begins Turnaround at Petrobrazi Refinery
The six-week turnaround involves 6,000 workers, 25 contractors, and €80M for modernization and safety checks on equipment, ensuring continuous fuel supply.
14 April 2023
Evonik Doubles Global VESTAMID® E Capacity in Shanghai and Marl
The expansion in Shanghai and optimization in Marl will boost PEBA production, meeting high demand in athletic footwear and other industries, while enhancing sustainability with VESTAMID® eCO.
14 April 2023
Cepsa and Bio-Oils to Build Largest 2G Biofuels Plant in Huelva
The new plant will produce 500,000 tons of SAF and renewable diesel annually, create 2,000 jobs, and reduce CO2 emissions by up to 90%, with operations starting in 2026.
13 April 2023
Versalis Invests in Specialized Elastomers Production in Ravenna
The Ravenna site will see an €80M investment to boost production of thermoplastic rubbers, polybutadiene, and SBR for the tire and automotive sectors, with a focus on sustainability and innovation.
4 April 2023
Air Liquide Launches ASU in Schwarzheide
A new air separation unit in Schwarzheide strengthens battery production, supports various industries, and enhances regional supply chains while optimizing environmental impact.
4 April 2023
DSM selects BakerHicks for EPCM of methane-reducing feed additive plant
The new plant will produce Bovaer®, a feed additive reducing methane emissions from cattle. Construction began in 2022, with completion expected in 2025, supported by local expertise and sustainable practices.
3 April 2023
EU Approves €450M Italian Aid for Renewable Hydrogen Production
The EU approved a €450M Italian scheme to support renewable hydrogen and electricity production in brownfield areas, aiming to accelerate the green transition and reduce fuel dependencies.
31 March 2023
Neste Advances Liquefied Waste Plastic Processing at Porvoo Refinery
The second series of runs processed 3,000 tons of waste plastic, advancing chemical recycling. Future plans include scaling to 400,000 tons annually, aiming for 1 million tons by 2030.
30 March 2023
UK Government Selects Essar Vertex Hydrogen Project for Hydrogen Economy Development
The UK Government's £20bn funding supports hydrogen projects, boosting investment and job creation. Vertex Hydrogen will produce 350MW by 2026, capturing 600,000 tonnes of CO2 using HyNet's infrastructure.
30 March 2023
Stena Recycling Opens Battery Recycling Plant in Sweden
The new facility recycles 95% of EV batteries, with a capacity of 10,000 tons annually. It aims to scale up as demand grows, fostering industry cooperation for a circular economy.
29 March 2023
Lonza Expands Drug Product Manufacturing in Visp
The new cGMP line in Visp is operational, with first batches in April 2023. It supports clinical and commercial needs, enhancing end-to-end solutions and complementing recent site expansions.
27 March 2023
Morssinkhof-Rymoplast Invests in PET Recycling Plant in Belgium
Awarded a nine-year contract, the new plant will recycle 27,500 tonnes of PET annually, using advanced technology to handle complex materials and produce high-quality recycled PET.
21 March 2023
Olin to Close Dutch Cumene Plant
Operations will cease at epoxy resin facilities in South Korea and Brazil. Q1 2023 results will include $57M in restructuring charges, with $15M as non-cash asset impairments.
17 March 2023
PowerCo Begins Construction of Second Gigafactory in Valencia
The new gigafactory in Valencia will start production in 2026, creating over 3,000 direct jobs and up to 30,000 indirect jobs. It aims for sustainable battery production with green electricity.
16 March 2023
New Recycling Plant in Lommel to Process Butter Tubs and Shampoo Bottles
A new recycling plant in Lommel will process 40,000 tonnes of plastic annually, creating 65 jobs. Operational by October 2024, it supports Belgium's circular economy and sustainable practices.
7 March 2023
BASF Expands Aroma Ingredients Production in China and Germany
New plants in China and Germany will boost citral production to 118,000 metric tons annually, enhance supply security, and support sustainable production with renewable electricity and advanced technologies.
2 March 2023
Synthos to Halt ESBR Production at Kralupy Plant
Production will cease in Q2 2023 due to high utility costs and geopolitical issues. Annual ESBR capacity will drop from 430,000 to 320,000 tonnes. Other rubber types will continue production in Poland and Germany.
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