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Operational Changes and Investments news
(page 9)
16 February 2026
BASF Boosts BDO Production in Ludwigshafen for European Supply Security
Increased BDO output supports stable supply and strengthens downstream markets, focusing on sustainability and long-term European partnerships.
13 February 2026
Reju Selects Lacq for French Textile Regeneration Hub
The facility will recycle textiles into polyester, creating jobs and supporting France's circular economy and decarbonization efforts.
13 February 2026
Sinopec's Natural Gas Power Project Connects to Grid
Sinopec's project uses natural gas pressure differences for power, generating over 10,000 kWh by Feb 12, reducing costs and enhancing energy efficiency with intelligent control systems.
13 February 2026
OMV Petrom Launches Photovoltaic Project at Petrobrazi Refinery
A 7 MW photovoltaic park will be built for internal power at Petrobrazi, aiding decarbonization and green hydrogen production, co-financed by the Modernisation Fund.
12 February 2026
Sinopec Phenol Debuts in International Market
Sinopec's phenol export to New Zealand marks its international debut, achieved through strategic market analysis, efficient coordination, and meeting customer specifications.
12 February 2026
thyssenkrupp Q1 2025/2026: Sales Down, EBIT Up, Forecast Confirmed
Order intake fell due to prior major contracts. Sales dropped 8%, but EBIT rose 10% via APEX program. Transformation progresses with strategic moves in various segments.
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11 February 2026
Terumo Europe's Heverlee Site Named Factory of the Future Again
The Heverlee site earns the Factory of the Future title for 2026–2028, highlighting its focus on innovation, sustainability, and quality in healthcare manufacturing.
11 February 2026
BASF Enhances Global Business Services with New Hubs
BASF consolidates Finance and HR in India, Supply Chain in Malaysia, to boost cost efficiency and service delivery, while maintaining regional operations for proximity.
11 February 2026
Port of Antwerp-Bruges Urges Action at European Industry Summit
Europe's industry faces challenges from high costs and slow permits. Urgent action is needed to boost competitiveness and prevent further decline.
11 February 2026
Aramco's iktva Program Reaches 70% Local Content Target
iktva added $280B to Saudi GDP, attracted $9B investment, created 200,000 jobs, and aims for 75% local content by 2030, enhancing supply chain resilience and economic growth.
11 February 2026
Neste Opens Lubricants Warehouse in Jönköping
Neste's new warehouse in Sweden enhances delivery speed for its high-quality lubricants, including the eco-friendly Neste ReNew line, supporting customers across Scandinavia.
11 February 2026
Yara's Q4 and Annual Results Show Strong Performance
Increased nitrogen margins, cost reductions, and strategic focus drive profitability. Future growth targets set for EBITDA improvements and cash flow.
10 February 2026
Petrobras Oil and Gas Production Hits 3 Million Barrels in 2025
Production rose 11% in 2025, with reserves up 1.7 billion boe. Domestic sales increased, driven by diesel and gasoline. Offshore production and refining efficiency reached new highs.
10 February 2026
Elkem Reduces Production at Norwegian Plants
Elkem halts production at Rana and Salten due to market challenges, high inventory, and power costs, potentially leading to temporary layoffs.
10 February 2026
ORLEN Expands LNG Operations: Increased Deliveries, Fleet, and Import Capacity
In 2025, LNG imports to Poland rose by 30%, with expanded terminal capacity and fleet. New export markets included Japan and Turkey. A second terminal will further boost capacity.
9 February 2026
DOMO to Establish Asia Development Center in China
The new center in Haiyan will enhance innovation, support Asian customers, and focus on sustainable growth, leveraging local production and supply chain strengths.
6 February 2026
Porthos Project: CO₂ Injection Wells Ready
Four North Sea wells converted for CO₂ injection, ensuring safe storage. Work completed with no incidents. First injection planned for autumn 2026.
6 February 2026
Evonik Expands HTPB Production Globally
Evonik boosts HTPB output with new facilities in Germany and Asia, enhancing supply reliability and meeting global demand.
6 February 2026
Ørsted Reports DKK 25.1 Billion Earnings in 2025
Ørsted strengthened its capital structure, completed divestments, and expanded offshore wind capacity, achieving a net profit of DKK 3.2 billion in 2025.
5 February 2026
SPIE Advances ALK's Low-Carbon Transition at Vandeuil Plant
SPIE replaced gas boilers with heat pumps at ALK's Vandeuil site, cutting CO2 emissions by 305 tons annually and enhancing energy efficiency.
4 February 2026
LOTTE Chemical Plans 2026 Expansion in High-Performance Materials and Eco-Friendly Energy
Recorded KRW 18,483B revenue, KRW 943.6B loss in 2025. Focus on reducing commodity petrochemicals, expanding high-value materials, and boosting eco-friendly energy capacity.
4 February 2026
OMV Petrom 2025 Financial Results and Investments
Record investments of 7.8 bn lei amid market volatility; net income down 27% due to impairments; strategic focus on energy transition and regional gas growth.
4 February 2026
Borouge Reports $1.1 Billion Net Profit for 2025 with Record Sales and Operational Performance
Achieved 37% EBITDA margin, record production, and sales. Focused on high-value products, cost control, and innovation. Expanded capacity and maintained strong dividends.
3 February 2026
INA Advances to Hot Commissioning Phase at Rijeka Refinery
The Rijeka Refinery's new unit enters hot commissioning, testing with process fluids. Full operation is expected in 2026, boosting diesel production and reducing import needs.
3 February 2026
Trinseo Raises Prices for PS, ABS, SAN in Europe
Effective February 1, 2026, prices for GPPS and HIPS increase by €130/ton, and ABS and SAN resins by €90/ton, subject to contract terms.
2 February 2026
XRG Acquires Stake in Southern Gas Corridor
XRG signed an agreement with Azerbaijan to invest in Southern Gas Corridor, enhancing energy security and cooperation in the region.
30 January 2026
WACKER Increases Silicone Prices
Prices for silicone products rise due to increased platinum costs, affecting sectors like automotive and medical. Existing contracts will be amended.
30 January 2026
Dangote Refinery: Daily Supply of 75m Litres PMS, 25m Litres Diesel, 20m Litres Jet Fuel
The refinery exceeds domestic fuel demand, enhancing supply stability and reducing import reliance, while ensuring regulatory compliance and supporting Nigeria's energy security goals.
30 January 2026
Lilly to Build $3.5B Manufacturing Facility in Pennsylvania
The new facility will create 2,800 jobs, produce weight-loss medicines, and boost the local economy with advanced technologies and partnerships in education and workforce development.
30 January 2026
LyondellBasell 2025 Earnings Report
Net loss of $738M; $563M excluding items. EBITDA at $1.1B; $2.5B excluding items. Cash from operations $2.3B. Exceeded cash plan by $200M. European asset divestment on track for 2026.
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