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Project Updates and Milestones news
(page 65)
21 July 2025
Moeve's €80M Sustainability Investment in 2024
€81.1M invested in water management, energy efficiency, and emissions reduction. Achieved significant waste and water recirculation improvements, validated by EMAS and ISO certifications.
21 July 2025
EU Approves Bayer's Nubeqa for Advanced Prostate Cancer
EU approves darolutamide with ADT for mHSPC, based on ARANOTE trial. Offers treatment flexibility with or without chemotherapy, enhancing patient care.
18 July 2025
Chevron Finalizes Hess Acquisition
The merger creates a top-tier energy firm, enhancing growth and shareholder returns, with significant assets in Guyana and Bakken, and $1B in cost synergies expected by 2025.
17 July 2025
WACKER Launches New Semiconductor-Grade Polysilicon Line
The €300M facility boosts hyperpure polysilicon output by 50%, enhancing process stability. €46M EU funding supports innovation for next-gen microelectronics.
10 July 2025
Ørsted Secures Financing for Greater Changhua 2 Project
Ørsted advances its strategic goals with project financing for Greater Changhua 2, supported by international banks and export credit agencies.
10 July 2025
Bayer's Lynkuet™ Approved in UK for Menopausal Vasomotor Symptoms
Lynkuet™ gains UK approval for treating menopausal symptoms, showing positive results in Phase III trials. Further approvals are sought in the US, EU, and globally.
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10 July 2025
Bayer to Exit Frankfurt Site by 2028, Secures Other German Sites Until 2030
Agreements ensure socially acceptable job adjustments in Germany, with support for affected employees and no further site closures until 2030.
10 July 2025
Lhyfe Tests Green Hydrogen Combustion
Green hydrogen replaces fossil gas in ceramics, reducing CO2. Successful tests enable broader industrial use. First delivery made to Spain's Valencia region.
10 July 2025
Bayer Seeks EU Approval for Gadoquatrane
Gadoquatrane, a low-dose MRI contrast agent, shows positive Phase III results. EU approval could reduce gadolinium exposure by 60% compared to current standards.
9 July 2025
AnQore and Dutch Government Advance CO₂ Reduction Efforts
A new facility aims to cut emissions by 70% by 2029. Government support accelerates the project, with a final decision pending regulatory and financial clarity.
9 July 2025
Perpetual Next Acquires Georgia Site for U.S. Biomethanol Facility
Perpetual Next plans a biomethanol hub in Georgia, converting wood residues into fuel, creating jobs, and boosting the local economy.
9 July 2025
Heidelberg Materials Unveils Industrial Carbonation Facility in Poland
The facility uses recycled concrete paste to lower CO₂ emissions, serving as a model for global projects, and is part of the Carbon4Minerals initiative.
9 July 2025
ORLEN Introduces SAF at Polish Airports
SAF reduces emissions and supports EU regulations. It is made from renewable feedstocks and is compatible with existing engines, aiding airlines in meeting sustainability goals.
8 July 2025
Vynova to End PVC Production at Beek Site
Production at Beek to end by Nov 2025 due to market pressures. 100 jobs affected. Support initiatives planned for employees.
7 July 2025
ORLEN Begins Installing Europe's Largest Offshore Wind Turbines
The first turbine is installed in the Baltic Sea, marking a shift in Poland's energy landscape. The project aims to meet 3% of Poland's electricity demand by next year.
7 July 2025
Dow to close three European upstream assets due to regional challenges
Shutdowns aim to optimize capacity, cut costs, and boost EBITDA by 2029, impacting 800 roles. Charges range from $630M to $790M, with $500M cash outlay over four years.
2 July 2025
X-ELIO Commissions 14 MW Funaki Solar Plant in Japan
The Funaki plant, producing 18,686 MWh annually, supplies Amazon under a 20-year PPA, aiding Japan's net-zero goal. X-ELIO also supports local disaster preparedness.
2 July 2025
ORLEN and Naftogaz Sign New Gas Supply Deal
140 million cubic metres of U.S. LNG will be supplied to Ukraine, enhancing energy security and supporting EU goals.
1 July 2025
Perimeter Solutions opens advanced PHOS‑CHEK fire retardant facility in Sacramento
110,000 sq ft plant can produce up to 360,000 lb/day, uses HEPA filtration for virtually zero emissions, makes three retardant types, and improves rapid aerial delivery for wildfire response
1 July 2025
Johan Sverdrup Phase 3 Expansion
Phase 3 boosts recovery by 40-50 million boe with new subsea infrastructure, AI-driven cost savings, and aims for a 75% recovery rate, enhancing energy supply to Europe.
30 June 2025
ORLEN Secures Energy Independence, Ends Russian Oil Imports
Since March 2025, refineries process non-Russian oil, enhancing regional energy security through global sourcing and infrastructure upgrades.
29 June 2025
INEOS Faces £23M Penalty Despite 75% Emission Cuts
A UK site risks reclassification, losing carbon credits, despite cutting emissions. This may push industry offshore, challenging UK's clean investment credibility.
27 June 2025
Univation's UNIPOL™ PE Process Chosen for Nayara Energy's 650,000 TPA Plant in India
The UNIPOL™ PE Process offers cost efficiency, flexibility, and technical support, enhancing production adaptability and operational performance for Nayara Energy's new plant.
26 June 2025
First Joint Azeri Crude Shipment Arrives in Omišalj
92,000 tonnes of Azeri crude arrive in Omišalj, enhancing regional supply flexibility and security, and supporting crude diversification. Further shipments are planned.
25 June 2025
Infinium's Roadrunner Project Secures HSBC Financing
Pecos, TX eSAF plant will produce ~23,000 t/yr (7.6M gal) using renewables and captured CO2; backed by Brookfield/Breakthrough Energy; airline offtakes secured; construction underway.
25 June 2025
Infinium's Roadrunner Project Secures Financing from HSBC
Roadrunner Project to produce 23,000 tonnes of eSAF annually. Long-term agreements with major airlines secured. Construction underway, setting a precedent for clean energy financing.
23 June 2025
KMG and CNPC Enhance Cooperation
Leaders discussed gas supply terms, infrastructure development, and mature field technologies, confirming commitment to strategic collaboration.
20 June 2025
Uzbekistan GTL Completes 100% Performance Test with Air Products and Sasol
The plant exceeded design capacity, producing 38,310 bbl./day. All product yield and quality targets met, confirming operational readiness and technology effectiveness.
19 June 2025
Saipem wins Sonatrach FEED for Algeria phosphate integrated project
Dual-FEED covers mining at Bled El Hadba, processing and ancillary units at Oued Keberit, Annaba port upgrade and rail links; targets 10 Mt phosphate extraction and 6 Mt fertiliser output annually.
19 June 2025
Versalis Launches Hoop® Demo Plant for Plastic Recycling in Mantua
The new plant uses Hoop® technology to recycle mixed plastic waste into reusable feedstock, supporting circularity and sustainability goals. A larger facility is planned for Sicily.
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