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Operational Changes and Investments news
(page 5)
27 May 2026
ANDRITZ wins hydropower expansion contracts with COPEL adding 2.1 GW
Turnkey contracts will add >2.1 GW across two plants, lift installed capacity by 34%, start construction in 2026 and bring units online in 2030.
27 May 2026
MAGPIE at TRA 2026 — five years of green-port progress
Technical, digital and social findings from five years of port decarbonisation work presented at TRA 2026, plus cross‑sector lessons for ports and airports.
27 May 2026
ProLogium to list on Nasdaq via merger with Translational Development Acquisition Corp.
SPAC deal values company at ~$3.8B; will scale Gen‑4 solid‑state battery production, backed by up to ~€1.4B French subsidy, and target data‑center, aerospace and robotics markets.
27 May 2026
POSCO INTERNATIONAL and ReElement to build first integrated rare‑earth magnet complex in the US
USD 200m joint investment to build a U.S. rare‑earth separation and permanent‑magnet complex with up to 6,000 t/yr capacity, targeting mass production in 2028.
27 May 2026
RWE Limondale BESS cleared for full eight‑hour operation
Australia’s first eight‑hour battery can now discharge 50 MW for over eight hours (≥400 MWh) after AEMO and Transgrid sign-off following compliance testing.
27 May 2026
RWE increases Series A investment in Focused Energy by €60m
Additional €60m follows an October 2025 stake; proceeds will develop laser-fusion work at Biblis and support Germany's bid for a national laser fusion hub.
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27 May 2026
Toray and PTT Global Chemical establish 100% bio-based nylon 66 production
Cassava pulp was converted to bio-muconic, then bio-adipic acid and 100% bio-based nylon 66. Pilot saccharification, fermentation, refinement and lab polymerization.
27 May 2026
Iberdrola opens Spain’s largest battery (58 MW / 120 MWh) at Campo Arañuelo
Two LFP battery systems paired with adjacent solar plants store renewable energy for peak demand, enhancing grid stability and supporting electrification and renewables integration.
27 May 2026
MOL begins Olefin-1 plant restoration
Investigation done; risks cleared and approvals granted. Hydrocarbon removal continues. Cleaning, inspections and repairs start; restart may take months. Injured staff improving; fuel supply unaffected.
27 May 2026
WuXi Biologics secures GMP release for 18th drug product facility
DP15 at Fengxian is operational, completed GMP batches to supply clinical programs. Features isolator aseptic filling for liquid and lyophilized vials (2R-20R), enabling faster tech transfer.
27 May 2026
Petrobras to invest R$2.8bn in Amazonas for Urucu gas expansion and Transpetro fleet
R$2.8bn to expand Urucu gas (R$2.5bn for new wells, ~40 km lines) and add 18 barges + 18 pushers to insource bunker logistics, create jobs and boost regional energy supply
27 May 2026
BASF Coatings wins Sustainability Award for overspray‑free two‑tone paint process
Overspray‑free wet‑on‑wet two‑tone (OFLA) uses digital paint jets for 100% transfer efficiency, cutting energy ~25% (~1.7 GWh/yr), ~300 t CO2/yr, and reducing masking waste and paint use.
27 May 2026
ORLEN opens 300,000‑tonne HVO plant using domestic feedstocks
HVO plant cuts transport GHGs ≥65%, raises national biofuel capacity to ~700kt (target 1.1Mt by 2030), reduces imports, strengthens domestic feedstock supply and farming partnerships.
27 May 2026
Sumitomo Corporation and Gresham House to develop 694 MW UK BESS portfolio
JV will fund five utility-scale BESS projects with phased buildout (first three starting this fiscal year), expanding capacity and improving grid resilience.
27 May 2026
Vattenfall installs SSAB low‑emission steel at Juliusburg/Krukow solar park
At Juliusburg/Krukow 80 MWp solar park, low-emission steel made from nearly 100% scrap cuts substructure CO₂ by 67% (460→153 t), reducing construction supply‑chain emissions.
27 May 2026
Sinopec Shengli Jiyang shale oil zone surpasses 2 million tons, advances low‑maturity development
59 wells >100 t/day (max 263); output rising to 700,000 t in 2025; drilling cut 133→17 days for 6,000m wells; proven reserves 327M t, resources 1.05B t; target 3M t/yr.
27 May 2026
Mitsui Chemicals’ mass-balance biomass plastics adopted for Toshiba molded transformers
Mass-balance biomass plastics used in molded transformer parts and coils, compliant with 2026 Top Runner efficiency rules, support carbon-neutral value chains while matching petroleum performance.
27 May 2026
Clariant FAMAX catalysts boost performance at two Yihua formaldehyde plants in China
Two world-scale plants (100 & 120 kt/a) started, cutting energy use, boosting productivity and yields, lowering pressure drop by 10-15%, extending catalyst life; VOC off-gas control ≈99% conversion
27 May 2026
Woosh, Borouge & BlueAlp close diaper-plastic loop with ISCC‑certified pyrolysis oil
Used diaper plastics collected, mechanically separated and chemically recycled into ISCC‑certified pyrolysis oil for new polymer production, demonstrating industrial-scale circularity in Europe
27 May 2026
Mitsubishi Chemical to Discontinue Certain Epoxy Resins at Tokai Plant
Some epoxy grades (BPA, BPF, and related formulations) will cease around Sep 30, 2027 due to aging equipment and weak market; certain items may be outsourced while focus shifts to semiconductor resins.
26 May 2026
WACKER sells 2.1 million Siltronic shares, raising €188 million
Placed at €89.35 each (7% of capital), reducing stake to ~24%; private accelerated bookbuild to qualified/institutional investors; proceeds to strengthen finances and fund growth.
26 May 2026
BASF and Arva partner to supply verified low‑CI grain for 45Z biofuel tax credits
Collaboration links biorefineries to verified low-CI grain via farmer-direct and commercial channels, delivering audit-ready CI scores, traceability and turnkey 45Z administration.
26 May 2026
PureCycle Granted Thailand FastPass for Rayong Polypropylene Recycling Facility
Certificate valid May 6, 2026 - Dec 31, 2028; accelerates approvals and permits; requires ≥20% of stated investment within six months; at IRPC eco-industrial zone; supports 1B-lb recycling by 2030.
26 May 2026
Repsol opens 200,000 t/year renewable diesel plant in Puertollano
€130M plant converts waste oils into renewable diesel for road, truck and ship use, avoiding ~700,000 tCO2/yr lifecycle; uses renewable H2 (€16M), enables SAF, jobs and circularity.
26 May 2026
LKAB granted permit for Luleå critical‑minerals industrial park
Plan enables extraction of phosphorus and all 17 rare earths from iron‑ore residues; demo plant nearing operation; supports EU supply security, regional jobs; full investment pending tests.
26 May 2026
AGC Biologics Starts NN4101 Bispecific Antibody Development and GMP Production
With Novelty Nobility, moves Copenhagen cell‑line/MCB work to GMP manufacturing in Chiba from May 2026. Targets retinal neovascular disease; global cGMP network enables tech transfer.
26 May 2026
Sinopec launches first LNG cold‑energy cascade project
Qingdao LNG terminal's cold-energy cascade project advances to detailed design/construction, using low-temperature Rankine and efficient heat exchange to produce up to 26M kWh/yr and cut grid use/CO2.
25 May 2026
Eni approves FID for Baleine Phase 3 in Côte d’Ivoire
Phase 3 lifts oil from 60k to 150k bpd and gas from 80 to 200 MMcf/d. New FPSO. All gas for domestic power/industry. Phased fast‑track development to boost energy security and local growth
25 May 2026
Aramco transfers PRefChem ownership to PETRONAS
PRefChem is now fully owned by the buyer; deal boosts acquirer's operations and supply flexibility, lets seller optimize downstream assets. Also to explore crude supply, tech exchange and distribution
25 May 2026
Sines strengthens transatlantic digital connectivity
Telesur–EllaLink deal to build Caribbean Gateway cable linking the Caribbean, Europe, US and Brazil, boosting capacity and redundancy and EU digital resilience; boosts ZILS appeal for data infra
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