Operational Changes and Investments news (page 8)

11 May 2026

POSCO Holdings invests USD 765m for 30% stake in Australian lithium JV with Mineral Resources

Secures rights to 30% of spodumene concentrate from Wodgina and Mt. Marion; aims to link upstream mining supply with downstream processing and capture dividend income.
11 May 2026

Covestro to install Dormagen steam compressor, cutting Germany energy use 2%

Heat-pump upgrade will save ~40,000 t CO2/yr, cut low three-digit GWh energy use; investment low double-digit million euros; expected operation mid-2027.
11 May 2026

BASF Agricultural Solutions opens BioHub fermentation plant in Ludwigshafen

High double‑digit €m investment started commercial fermentation of biological crop actives (B. amyloliquefaciens, P. coprobium), boosting production flexibility and supply resilience.
11 May 2026

Aurubis reports stronger Q2 and raises full-year forecast

Q2 operating EBT €121m (+15% q/q); H1 EBT €226m; H1 EBITDA €351m (+3%). Net cash flow €161m, down on higher inventories. ROCE 8.1% as €1.7bn projects near completion; new recycling plants ramping up.
11 May 2026

Sinopec’s first deep coal‑seam gas well surpasses 50 million m³ cumulative production

First deep coal-seam gas risk-exploration well: >50M m³ cumulative, 27,000 m³/day. Deployed 2022, producing since 2023; data-driven optimization and fluid/sand/fines control sustain stable production.
11 May 2026

Shanghai Petrochemical commissions phase‑one of 30,000‑t large‑tow carbon fiber project — China’s largest 48K single‑line

Phase-one (2 lines) of a 30,000-t large-tow carbon-fiber project in Ordos began production. Single-line >3,000 t (48K); +50% capacity, 188-day build, >60% green power

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