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Operational Changes and Investments news
(page 48)
12 September 2024
bp and Iberdrola Approve 25MW Green Hydrogen Plant in Castellón
The 25 MW green hydrogen project at Castellón refinery will be operational by late 2026, funded by 15M euros from the EU. It aims to decarbonize industry and create up to 500 construction jobs.
11 September 2024
Kazakhstan Begins Construction of Atyrau Polyethylene Plant
The plant will produce 1.25 MT of polyethylene annually by 2029, creating 8,000 construction jobs and 800 permanent jobs, boosting GDP by 1.2%, and reducing import dependency.
6 September 2024
Minister Jordi Hereu Visits Cepsa’s Andalusian Green Hydrogen Valley
The Minister of Industry and Tourism reviewed green hydrogen, biofuel projects, and sustainable chemistry efforts, highlighting a €5 billion investment in Andalusia for energy transition and decarbonization.
3 September 2024
Eni and Snam Launch Italy's First Carbon Capture and Storage Project
The Ravenna CCS project begins CO2 injection, capturing 25,000 tonnes annually, with plans to store up to 4 million tonnes by 2030, supporting Italy's decarbonization and climate goals.
29 August 2024
Lummus Technology to Supply Ethylene Unit for Kazakhstan's First Polyethylene Plant
The plant in Atyrau will boost Kazakhstan's economy, create jobs, and use advanced technology to convert ethane to ethylene, enhancing energy efficiency and reducing CO2 emissions.
29 August 2024
BASF to Close Adipic Acid, CDon, and CPon Plants at Ludwigshafen
Approximately 180 employees will be affected. The company will support them in finding new roles. Production will continue in South Korea and France.
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22 August 2024
Hystar selects thyssenkrupp for 4.5 GW electrolyser production line engineering
The contract includes detailed planning for a compact 2,500 m2 factory, boosting efficiency and capacity from 100 MW, leveraging an existing supply chain for rapid scaling.
20 August 2024
Neste Enhances Chemical Recycling Logistics in Porvoo
Expanding logistics infrastructure to handle more liquefied recycled materials, including waste plastic and rubber tires, supporting the refinery's transformation into a renewable and circular solutions hub.
8 August 2024
Redexis Invests €5.5M to Upgrade Almazán Biomethane Facility
The upgraded facility will produce 20 GWh of biomethane annually, powering 3,170 homes by Dec 2024. This supports sustainable energy, rural growth, and reduces greenhouse gas emissions.
30 July 2024
ICIG Acquires Clariant's Bioethanol Plant in Romania
The site will be run by Corden BioChem, expanding its fermentation capacity. ICIG plans significant investments and will rehire many former employees.
29 July 2024
Perpetual Next Forms US and Europe Biomethanol Partnerships
Secured feedstock for 440,000 tonnes of biomethanol annually. New plants in Florida and Estonia using wood waste, boosting production and EBITDA with advanced torrefaction technology.
25 July 2024
Air Liquide Invests €100M in Sustainable Gas Supply for Aurubis in Bulgaria and Germany
Air Liquide will build a new ASU in Bulgaria and upgrade four in Germany, enhancing gas supply efficiency and supporting Aurubis' sustainable copper production and industrial markets.
24 July 2024
Shell to Build 100-Megawatt Hydrogen Electrolyser in Germany
The 100-megawatt REFHYNE II electrolyser will produce 44,000 kg/day of renewable hydrogen by 2027, aiding decarbonization. Supported by EU policies and funding, it follows the success of REFHYNE I.
12 July 2024
Europe's First Hydrogen-Ready Power Plant to Support UK Decarbonisation at Stanlow Refinery
The plant will generate 125 MW of power, cut 740,000 tonnes of CO2 annually, and support regional decarbonisation. Completion is set for 2027, with significant investment in the North West of England.
10 July 2024
BASF to Cease Glufosinate-Ammonium Production in Germany
Production will end by 2025 due to economic reasons. Jobs will be retained until then. The company will source from third-party suppliers and focus on next-gen solutions with lower application rates.
4 July 2024
Vertex Bioenergy Opens Corn Oil Extraction Facility in Cartagena
The new facility extracts corn oil for livestock feed and biofuel production. With a €5M investment, it has a 4,000-ton annual capacity and 400-ton storage.
2 July 2024
Shell Pauses Construction of Rotterdam Biofuels Facility
Construction is paused to address project delivery and market conditions. Contractor numbers will reduce, slowing activity to control costs and optimize sequencing, ensuring future competitiveness.
26 June 2024
EuroAPI FOCUS-27 Plan: Job Cuts and Facility Divestments
The FOCUS-27 plan aims to boost competitiveness with €110-120M restructuring costs, €350-400M CAPEX, and €75-80M annual EBITDA by 2027, focusing on high-value APIs and strategic sites.
20 June 2024
WACKER Begins Construction of New Silicone Production Site in Czech Republic
The new site in Karlovy Vary will produce high-performance silicones by 2025, creating 200 jobs. It supports key industries like electromobility and medical care, enhancing WACKER's European production.
19 June 2024
Generalitat Valenciana and IGNIS Sign MOU for Castellón Green Ammonia and Hydrogen Project
The project aims to produce 800,000 tonnes/year of green ammonia, create 1,300 jobs, and cut 2 million tonnes of CO2 by 2031, enhancing Castellón's role in renewable energy and decarbonization.
11 June 2024
Merck Invests €62M in New Quality Control Facility
The new 10,000 sqm facility in Darmstadt will house 135 employees, meet sustainability standards, and enhance quality control for life science products, supporting Merck's €1.5B investment program.
11 June 2024
OMV Petrom Invests EUR 750 Million to Produce Sustainable Fuels in Southeast Europe
Investing EUR 750 million, a new plant will produce 250 kt/year of sustainable fuels by 2028, including SAF, HVO, and green hydrogen, reducing CO2 emissions by at least 70%.
10 June 2024
OMV Launches Co-Processing Plant at Schwechat Refinery
The new plant converts 160,000 tons of liquid biomass into renewable diesel components, reducing CO2 by 360,000 tons annually. The fuel will be available at 550 stations in Austria, Czech Republic, and Hungary.
3 June 2024
BioBTX secures €80M for renewable aromatics plant in The Netherlands
The new plant will convert plastic waste into renewable aromatics, reducing carbon emissions. The €80M funding includes equity, debt financing, and grants, highlighting confidence in the innovative approach.
3 June 2024
WACKER Launches mRNA Center in Halle, Germany
The new facility in Halle enables large-scale mRNA production, creating over 100 jobs and supporting Germany's pandemic preparedness with a capacity for 200 million vaccine doses annually.
31 May 2024
RCS Expands with New Recycling Plant in Nordkirchen
A new plant in Nordkirchen will recycle disposable bottles into rPET, reducing primary raw material use and CO2 emissions. The facility will include halls, silos, offices, and parking spaces.
28 May 2024
RWE Plans Hydrogen-Ready Gas Turbine in Germany
A hydrogen-ready gas turbine with 800 MW capacity is planned in Werne, Germany, aiming for completion by 2030. An Italian-Spanish consortium is handling the planning.
16 May 2024
Dow Expands Capacity in SAS Chemicals to Boost Façade Industry in Germany and Turkey
The capacity expansion will enhance sealant and adhesive solutions for insulating glass, benefiting façade and window segments, with new production in Turkey starting June 2024.
13 May 2024
Vopak Terquimsa Invests in Tarragona's Chemical Industry
Investments focus on specialty chemicals, decarbonization, and innovation, with plans to expand storage and enhance competitiveness in Tarragona's evolving petrochemical hub.
10 May 2024
Jordan inks $1B green ammonia plant
Off-grid Aqaba plant: 550 MW solar + BESS, electrolysis to yield 100,000 t/yr green ammonia for Europe/Asia; cuts ~200,000 tCO2/yr; FID 2027, ops 2030
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