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Project Updates and Milestones news
(page 73)
20 December 2023
Neste to Transform Porvoo Refinery into Renewables Hub
The Porvoo refinery will shift to producing 3 million tons of renewable and circular products by the mid-2030s, requiring 2.5 BEUR in investments, driven by declining fossil fuel demand and climate goals.
18 December 2023
INEOS Phenol Opens Europe's Largest Cumene Plant, Halves CO2 Emissions
The new 750,000 tonne facility in Marl, Germany, reduces CO2 emissions by 50% per tonne using advanced technology and heat integration, supporting phenol and acetone production for various applications.
14 December 2023
EDF Renewables UK Secures NZHF Funding for Tees Green Hydrogen Project
The Tees Green Hydrogen project will use green electricity from Teesside Offshore Wind Farm and a new solar farm to power a 7.5MW electrolyser, aiming for 300MW by 2030. Operational by 2026.
8 December 2023
INEOS Acquires LyondellBasell's Bayport Ethylene Oxide Facility for $700M
The acquisition includes ethylene oxide, glycols, and ethers plants. It expands INEOS's US presence, leveraging cost-effective energy and logistics. Completion expected by Q2 2024.
1 December 2023
ExxonMobil's Fawley Refinery Investment Enhances UK Energy Security
The new low-sulphur diesel facility at Fawley will boost production by 40%, reduce imports, support 400 construction jobs, and lay groundwork for lower-carbon fuels with a new hydrogen plant.
29 November 2023
INEOS Aromatics to Mothball PTA Plant in Geel, Belgium
Rising costs make European PTA production uncompetitive. Affected employees will be consulted for redeployment. Customers remain unaffected as the larger, efficient PTA unit continues operations.
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23 November 2023
Novo Nordisk Invests €2.1 Billion in Expanding French Production Facilities
The €2.1 billion investment will double the Chartres site's capacity, add new production processes, and create over 500 jobs by 2028, enhancing Novo Nordisk's ability to meet future medicine demands.
23 November 2023
BASF Secures Funding for 54-MW Hydrogen Electrolysis Plant
The 54-MW PEM electrolyzer will produce 8,000 metric tons of hydrogen annually, reducing CO2 emissions by 72,000 metric tons. The project receives €124.3 million in funding and aims to start in 2025.
21 November 2023
Sasol and Air Liquide's First Renewable Energy PPA for Secunda Decarbonisation Finalized
Mainstream Renewable Power's 97.5MW solar project in Free State reaches financial close, supporting Secunda's decarbonisation with operations set for 2025.
16 November 2023
Svensk Plaståtervinning Opens Advanced Plastic Sorting Plant in Sweden
The new plant in Motala processes 42 metric tons per hour, recovering 12 plastic types with 98% purity. It aims for zero waste, downcycling, and emissions, leveraging advanced sorting and digital monitoring.
10 November 2023
Novo Nordisk to Invest €5.6 Billion in Expanding Danish Manufacturing Facilities
The €5.6 billion investment will expand API and packaging capacity, create 800 jobs, and enhance sustainability. Completion is expected between 2025-2029, with 3,000 external workers during construction.
6 November 2023
Air Products to Build Europe's Largest Blue Hydrogen Plant in Rotterdam
The new facility will capture CO2 from existing plants, connect to the Porthos system for storage, and help meet Dutch climate targets, supporting industry and mobility transition in Rotterdam.
26 October 2023
Mura Technology Launches First Commercial HydroPRS™ Recycling Plant in Teesside
The plant will process 'unrecyclable' plastics, creating jobs and reducing carbon emissions. Key industry figures attended the launch, highlighting collaboration and economic benefits.
26 October 2023
Carbios Secures Permits for First PET Biorecycling Plant in France
Construction starts on the world's first PET biorecycling plant in Longlaville, France, with a 2025 commissioning target. The plant will process 50,000 tons of PET waste annually, creating 150 jobs.
25 October 2023
Fluor Secures FEED Contract for Sodium-Ion Battery Facility in Sweden
Fluor will provide FEED services for the first industrial-scale sodium-ion battery facility in Sweden, with project management from its UK office. Completion is expected by early 2024.
24 October 2023
bp selects Johnson Matthey’s LCH technology for H2Teesside hydrogen project
H2Teesside aims for 1.2GW hydrogen by 2030, aiding local decarbonization. The project leverages North Sea gas and carbon capture, targeting low-cost, efficient hydrogen production.
13 October 2023
Lonza to Add New ADC Filling Line at Stein Facility
The new cGMP filling line will enhance bioconjugate handling and create 115 jobs by 2027, expanding end-to-end ADC manufacturing capabilities and supporting clinical and commercial supply.
12 October 2023
Paques Biomaterials starts construction of PHA extraction pilot
Construction begins on a PHA extraction pilot to produce batch Caleyda for testing and to validate scale-up toward a 6‑kt extraction plant.
12 October 2023
Lhyfe to Build Largest Green Hydrogen Plant in Germany
The plant in Schwäbisch Gmünd will use renewable energy, support local industry, and contribute to climate-friendly infrastructure, backed by EU funding and state support. Completion is expected in 2024.
11 October 2023
MadoquaPower2X boosts investment to €2.8 billion for green hydrogen in Portugal
The project in Sines will now produce 150,000 tons of hydrogen and 1 million tons of green ammonia annually, creating 265 permanent and 6,000 indirect jobs, and supporting EU decarbonization goals.
11 October 2023
Solvay to Cut Soda Ash Production in Torrelavega
Production at Torrelavega will drop by 300-600 kilotons annually from January 2024. The site will focus on regional customers and sustainability, while exports shift to Green River, WY.
7 October 2023
IONWAY to Build First Plant in Nysa, Poland
The new plant will create 900 jobs, run on renewable energy, and support the EU Green Deal. The Polish government backs the €1.7 billion investment with €350 million in grants.
2 October 2023
Hystar to Build 4 GW Factory and Expand to North America
A new 4 GW electrolyser factory in Norway will be operational by 2025. North American expansion includes a headquarters in 2024 and a multi-GW factory by 2027.
25 September 2023
WACKER expands specialty-silicone capacity at Zhangjiagang site
New production lines for specialty silicone fluids, emulsions and elastomer gels in Zhangjiagang; €150m investment and start-up planned for H2 2025.
21 September 2023
EQTEC Halts Billingham Project in UK
Challenging market conditions and setbacks make the Billingham project unfeasible. Discussions continue on recovering investments. Focus shifts to broader strategic opportunities.
20 September 2023
TotalEnergies to Build Plastic Recycling Unit in France
The new unit will produce 30,000 tons of recycled plastic annually by 2026, supporting high-performance packaging. It aligns with the goal of 1 million tons of circular polymers by 2030 and maintains 250 jobs.
9 September 2023
LG Magna e-Powertrain Opens New Facility in Hungary
The new facility in Miskolc, Hungary, will produce e-motors by 2025, creating 200 jobs. It aims to meet European EV market demands with scalable electrified powertrain solutions.
6 September 2023
Jayplas to Double Wales' Plastic Reprocessing Capacity
The new facility will process 100,000 tonnes of plastics annually, cut Wales' carbon footprint by 150,000 tonnes, and create skilled jobs, supporting zero waste and net zero emissions by 2050.
5 September 2023
Ren-Gas E-Methane Project in Kotka Begins Environmental Impact Assessment
The project will produce renewable e-methane and hydrogen, using CO2 capture and green hydrogen, with waste heat aiding district heating. Public review of the EIA is open until October 3, 2023.
5 September 2023
Futamura Opens New Production Line in Wigton
The new cellulose film line boosts production by 25%, reducing lead times and supporting sustainable packaging. The team’s dedication was key to this strategic investment.
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