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Operational Changes and Investments news
(page 42)
21 July 2022
WeylChem Invests in Advanced Glyoxal Production in France
WeylChem is investing 15m euros to boost Glyoxal production in Lamotte, reducing the site's carbon footprint by 20%. The new plant will start in early 2024, supported by the French State and ADEME.
21 July 2022
BASF Enhances Role in Nutrition, Flavor, and Fragrance Industries
The Nutrition & Health division consolidates operations, expands vitamin A and enzyme production, and forms global units for Nutrition Ingredients and Aroma Ingredients to drive growth and sustainability.
21 July 2022
BASF Expands Vitamin A Plant in Germany
The expanded plant will boost vitamin A powder production for animal nutrition, enhancing capacity and efficiency. The project aligns with market demands and sustainability goals.
13 July 2022
Shell Moerdijk Advances Toward Net Zero and Sustainable Chemical Production
Shell Moerdijk invests in a pyrolysis oil upgrader to enhance recycling, aiming for net zero emissions by 2032. Plans include hydrogen production, bio-based feedstocks, and doubling plant capacity.
12 July 2022
Enagás to Invest €4.775 Billion in Energy Security and Decarbonisation
The 2022-2030 Strategic Plan focuses on gas and hydrogen infrastructure, innovation, international development, and renewable projects, aiming for 2-4% annual EBITDA growth and carbon neutrality by 2040.
8 July 2022
Vulcan Updates on Zero Carbon Lithium™ Projects in Germany and Italy
Vulcan collaborates with Enel Green Power on geothermal lithium in Italy and advances its Zero Carbon Lithium™ Project in Germany with positive EIA results and ongoing community support.
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7 July 2022
Volkswagen Launches Global Battery Business with PowerCo
Volkswagen's new company, PowerCo, will manage global battery production, investing €20B by 2030. The first cell factory in Salzgitter starts in 2025, creating up to 20,000 jobs in Europe.
6 July 2022
Trinseo Boosts Acrylic Resin Production in Italy
The new compounding line in Rho will be operational by Q3 2022, nearly doubling capacity in three years, enhancing product performance, and supporting sustainability goals with lower resource consumption.
29 June 2022
FREYR Battery Approves First Gigafactory in Norway
The gigafactory will have a 29 GWh capacity, supported by $1.6 billion in debt financing and Norwegian government backing, aiming for high efficiency and significant market impact by 2030.
28 June 2022
INEOS Expands LaPorte HV PAO Unit by 50% for 2025 Completion
The expansion will boost capacity to meet demand for wind turbines and industrial uses, enhancing lubricant formulation options and supporting INEOS's growth strategy.
27 June 2022
WACKER Invests in Munich Biotechnology Center
The new center will boost biotech research, focusing on biopharmaceuticals and food ingredients, aiming for €1 billion in sales by 2030. Completion is set for 2024.
24 June 2022
Tata Chemicals Europe Launches UK's Largest Carbon Capture Plant
The new plant captures 40,000 tonnes of CO2 annually, reducing emissions by 10%. It produces Ecokarb® for global export, supported by a £4.2m government grant, advancing sustainable manufacturing.
21 June 2022
Emerson and Neste to Optimize Fintoil Biorefinery Operations in Finland
The biorefinery will use advanced automation to produce sustainable biofuels and chemicals, reducing emissions and energy use. Completion is expected in 2022 with significant CO2 reduction.
16 June 2022
INEOS to build acetic acid plant on US Gulf Coast, cancels UK VAM plant
A feasibility study is underway for a US Gulf Coast acetic acid plant, with FID expected by end of 2023. The project will use proprietary technology and carbon-efficient processes.
9 June 2022
INEOS Olefins Belgium Receives Permit for Project ONE in Antwerp
The permit allows construction of Europe's most sustainable steam cracker, reducing CO2 emissions significantly. The project will create 450 direct jobs and aims for climate neutrality within 10 years.
7 June 2022
Viridian to Build France's First Battery-Grade Lithium Plant
Starting 2025, the plant in Eastern France will produce low-carbon lithium hydroxide, creating 250 direct and 600 indirect jobs, supporting Europe's electric vehicle supply chain and green mobility goals.
7 June 2022
Chevron Phillips Chemical to Build New PAO Unit in Belgium
The new unit will double PAO production in Belgium by 2024, leveraging local expertise and infrastructure to meet global demand for high-quality PAOs used in various industries.
3 June 2022
Viridi to Build Green Hydrogen Plant in Cadiz
The €210M project aims to start by late 2025, creating 300 construction jobs and 50 permanent roles. It will produce 30,000 tonnes of green methanol annually, primarily for export to Germany.
24 May 2022
WACKER Expands Silicone Rubber Production in US and Germany
To meet rising demand, significant capacity expansions for liquid and high-consistency silicone rubber are planned globally, with investments over €100 million and new sites in India, Czech Republic, and Japan.
23 May 2022
Topsoe to Build Largest Electrolyzer Plant in Denmark
The new plant in Herning will produce 500 MW of electrolyzers annually, scalable to 5 GW, operational by 2024. It aims to decarbonize hard-to-abate sectors and support EU energy independence.
23 May 2022
Merck Invests €440 Million to Expand Manufacturing in Cork, Ireland
The investment will boost membrane and filtration manufacturing, create 370 jobs by 2027, and support novel therapies, vaccines, and diagnostics, aligning with sustainability goals.
4 May 2022
Volkswagen and SEAT to Invest 10 Billion Euros in Spain's Electrification
The investment will fund a battery Gigafactory in Valencia, electric vehicle production, and a supplier ecosystem. A photovoltaic plant will supply green energy to the Gigafactory.
3 May 2022
Alco Bio Fuel and Partners Invest in Second CO2 Capture Line in Ghent
The new CO2 capture line in Ghent increases annual CO2 capture by 60%, totaling 160,000 tons. The captured CO2 is reused in various industries, reducing fossil CO2 emissions by the same amount.
25 April 2022
Enova Grants NOK 10 Million to INOVYN's Hydrogen Project in Norway
The project will build a 20MW electrolyser to produce green hydrogen, reducing CO2 emissions by 22,000 tonnes. Enova's support aids innovation and aims for a 30% emission reduction by 2030.
22 April 2022
Covestro Expands TPU Film Production in Germany
Investing millions, the Bomlitz site will boost TPU film capacity to meet global demand, enhance sustainability, and switch to green electricity by 2023, creating new jobs and focusing on bio-based products.
21 April 2022
Groningen Seaports Invests €43.7M in Oosterhorn-Zuid Development
The €43.7M investment will develop Oosterhorn-Zuid to meet growing industrial demand, support sustainable growth, and boost regional employment. Many companies have already reserved land.
19 April 2022
Morssinkhof - Rymoplast Invests €30M to Expand Film Recycling in Germany
A new 8,700 m² facility in Markranstädt will recycle 30,000 tonnes of plastic film annually, create 45 jobs, and enhance regional growth and sustainability. Completion expected by Q1 2023.
13 April 2022
Galp and Northvolt to Build Lithium Conversion Plant in Setúbal
Setúbal's new plant will produce 28,000-35,000 tons of lithium hydroxide annually by 2026, creating 200 direct and 3,000 indirect jobs with a €700 million investment.
7 April 2022
INEOS Nitriles to build new Acetonitrile plant in Köln
The new 15 ktpa facility will enhance supply to European customers, support key sectors, and improve sustainability and environmental impact, reinforcing the Köln site's production capacity.
6 April 2022
WeylChem Opens New Multi-Purpose Plant in France
The new plant in Lamotte enhances flexibility and capacity for complex molecule synthesis with advanced automation. It includes upgraded equipment for high-temperature and high-pressure operations.
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