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Operational Changes and Investments news
(page 40)
24 February 2023
BASF Reports 2022 Resilience, Implements Cost-Saving Measures in Europe
In 2022, sales rose 11.1% to €87.3B, but EBIT fell 11.5%. High energy costs and impairments impacted earnings. Cost-saving measures aim to save €500M annually and reduce CO2 emissions by 4%.
24 February 2023
Getinge to Establish UK Headquarters in Derby
The new facility will house chemistry and decontamination operations, a training academy, and a showroom. It aims to boost local employment and economic growth, with operations starting in August 2023.
16 February 2023
Lonza Expands Bioconjugation Facility in Visp
The expansion includes two new manufacturing suites, enhancing capabilities for clinical and commercial supply, and increasing process, analytical development, and quality control capacity.
14 February 2023
Enagás Renovable and Naturgy Unveil 280 MW Renewable Hydrogen Plant in La Robla
The 485M euro plant will cut 430,000 tonnes of CO2 annually, aiding local decarbonization and economic growth. Set to start in 2026, it will also include a 450 MWp solar project.
14 February 2023
Grupa Azoty ZAK Completes €14m Energy Projects in Poland
Two energy projects were completed, enhancing ammonia production and efficiency. Upgrades included a partial combustion unit and boiler improvements, reducing emissions and increasing process safety.
13 February 2023
INEOS Secures €3.5 Billion for Europe's Greenest Cracker in Antwerp
The new Antwerp cracker will have the lowest carbon footprint in Europe, use low carbon hydrogen, and create 450 jobs. Supported by 21 banks, the €3.5B financing includes €1.5B uncovered debt.
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6 February 2023
Covestro Launches New Chlorine Plant in Tarragona
The new plant uses ODC technology, cutting energy use by 25% and CO2 emissions by 22,000 tons annually. It boosts MDI production, creates 50 jobs, and strengthens Tarragona's chemical industry.
2 February 2023
Repsol Invests in Circular Economy at Puertollano Complex
A new recycled plastics line at Puertollano will double capacity, create 200 jobs, and align with EU recycling targets. The site will also host Spain's first polyurethane foam recovery plant.
31 January 2023
Evonik invests €25m in Wesseling methionine plant upgrade
€25m investment enhances methionine production in Wesseling, improving efficiency and safety. Supports long-term supply to Antwerp hub, reinforcing global methionine network.
26 January 2023
Gasunie Update: Zuidbroek Nitrogen Plant Operational by October
Construction to finish this spring, with testing in summer. The new situation won't impact Groningen gas production for 2022/2023 due to lower demand and existing nitrogen facilities meeting needs.
24 January 2023
Grupa Azoty Doubles Nitric Acid Capacity in Tarnów
The new unit boosts annual nitric acid capacity to 80,000 tonnes, enhancing supply for fine chemicals and strengthening market position in Europe. Construction cost PLN 57.1m, completed in 2.5 years.
17 January 2023
PureCycle to Build First European Recycling Plant in Belgium
The new plant in Antwerp-Bruges' NextGen District will recycle 59,000 metric tons of polypropylene annually, with potential expansion. Construction starts post-permitting in 2024, creating 65-70 jobs.
12 January 2023
Europe's Largest Rare Earth Deposit Found in Sweden
The Kiruna deposit holds over one million tonnes of rare earth oxides, crucial for electric vehicles and wind turbines. Mining could start in 10-15 years, addressing Europe's supply and geopolitical challenges.
12 January 2023
CABB Invests in Sustainable Expansion at Kokkola Site
Investing over EUR 50 million by 2025, the Kokkola site expands with new reactors, a packaging plant, and a CO2-neutral office. Efforts include reducing CO2 emissions by 6,000 tons annually.
12 January 2023
TotalEnergies Launches France's Largest Biogas Unit
BioBéarn in Mourenx converts 220,000 tons of organic waste into 160 GWh of biomethane and 200,000 tons of digestate annually, reducing CO2 emissions by 32,000 tons and supporting local sustainable growth.
11 January 2023
Chemours Invests $200M in France for Nafion™ Production to Boost Clean Hydrogen
The $200M investment will expand production in France, supporting clean hydrogen generation, creating jobs, and advancing sustainable energy goals in line with EU and French government objectives.
5 January 2023
Yara Advances Hydrogen Economy in Germany
Modifying ammonia terminals to handle 3 million tons, enabling hydrogen economy growth. Clean ammonia to be imported using the largest global network, supporting Germany's hydrogen ambitions.
20 December 2022
EU Innovation Fund Grants EUR 97 Million to Project Air for Swedish Green Chemistry
Project Air will build a sustainable methanol facility in Sweden, reducing CO2 emissions by 500,000 tons annually. The project uses CO2, biogas, and renewable energy, with a total investment of EUR 255 million.
16 December 2022
New Hazardous Materials Facility Enhances Safety and Efficiency at Industriepark Höchst
A new warehouse at Industriepark Höchst offers advanced safety features, extensive digitalization, and temperature-controlled storage, enhancing logistics and meeting high demand in the Rhine-Main Region.
12 December 2022
INEOS Oligomers Boosts Cologne Isoamylene Unit Capacity by 25%
The Cologne unit's debottlenecking supports customers using Isoamylene in various applications, ensuring quality and supply stability with a reliable feedstock source.
9 December 2022
200 MW Renewable Hydrogen Hub Planned in Meirama, Spain
A 200 MW renewable hydrogen plant in Meirama will start with 30 MW in 2025, supplying local industries and reducing carbon footprint, promoting sustainable economic growth in Galicia.
8 December 2022
ArcelorMittal Launches Carbon Capture Project in Ghent
The €200M Steelanol project uses LanzaTech's tech to convert waste gases into ethanol, reducing emissions by 125,000 tonnes annually. A €35M Torero project will further cut emissions by 112,500 tonnes.
7 December 2022
CropEnergies to Build Renewable Ethyl Acetate Plant in Germany
The plant will produce 50,000 tonnes of renewable ethyl acetate annually, creating 50 jobs. It aims to reduce greenhouse gas emissions and enhance local supply security, with commissioning by summer 2025.
30 November 2022
Essar Oil UK to Build £360M Carbon Capture Plant
Essar plans a £360M carbon capture plant at Stanlow refinery, aiming to cut CO2 by 0.81M tons/year by 2027, as part of a broader £1B investment in decarbonization and hydrogen initiatives.
25 November 2022
BMW to Invest Over €2 Billion in Hungarian Plant by 2025
The new plant in Debrecen will create 500+ jobs, feature advanced battery assembly, and launch a dual education program. It aims for sustainability with reduced carbon footprint and faster, longer-range batteries.
14 November 2022
Chevron Phillips Chemical Expands PAO Unit in Belgium
The PAO unit expansion in Beringen will boost production, create jobs, and support global demand for PAOs used in lubricants, greases, and innovative applications like electric vehicles and windmills.
8 November 2022
LKAB Acquires Major Stake in REEtec, Strengthens Nordic Rare Earth Industry
A new factory in Norway will use innovative, sustainable technology to process rare earth elements, boosting European self-sufficiency and reducing reliance on China. Production starts in 2024.
1 November 2022
Plastipak Opens New Recycling Facility in Toledo, Spain
The new facility converts PET flake into food-grade rPET pellets, producing 20,000 tonnes annually. It features advanced energy-saving tech, including 1800 solar panels, reducing CO2 emissions significantly.
18 October 2022
Cellforce Group Advances Sustainable Battery Production in Europe
The new facility near Reutlingen will develop high-performance battery cells, enhance e-mobility, and create jobs. It features sustainable practices and significant government funding.
18 October 2022
Toyo Ink Opens CNT Dispersion Plant in Hungary
The new plant in Hungary produces CNT dispersions for EV batteries, supplying SK On. It aims to expand production sixfold by 2023, supporting the growing EV market and global supply chain.
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