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Sustainability and Environmental Initiatives news
(page 36)
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
Lummus and Sumitomo Launch PMMA Recycling Technology
New PMMA recycling tech offers closed-loop process, reducing emissions and waste, with high-purity output and scalable, modular design for various industries.
4 February 2026
ARLANXEO Opens New HNBR Plant in China
The new plant in Changzhou boosts HNBR production for strategic sectors, enhances local R&D, and supports sustainability with advanced technology and energy efficiency.
4 February 2026
Henkel Acquires Stahl for €2.1 Billion
The acquisition aligns strategic visions, enhances innovation, and strengthens leadership in speciality coatings, ensuring business continuity during the transition.
4 February 2026
TotalEnergies and Tikehau Capital Expand EV Charging in Benelux
A joint platform will develop urban EV charging in Belgium and the Netherlands, leveraging renewable energy and shared investments.
4 February 2026
QatarEnergy-Petronas 20-Year LNG Supply Deal
Starting 2028, Qatar will supply Malaysia with 2 MTPA of LNG under a new agreement, marking their first long-term partnership and reinforcing a shared vision for sustainable energy.
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4 February 2026
Sumitomo Corporation Updates Carbon Neutrality Goals
Sumitomo revises its carbon neutrality target, expanding Scope 3 boundaries and setting a 30% emission reduction goal by FY2035, aiming for carbon neutrality by 2050.
4 February 2026
Worley Backs AquaDuctus Hydrogen Pipeline in North Sea
AquaDuctus, a key project in Europe's hydrogen infrastructure, will connect offshore production to the mainland, supporting cross-border collaboration and green hydrogen deployment.
4 February 2026
OMV Reports EUR 4.6 Billion Clean CCS Operating Result for 2025
OMV's 2025 results show strong cash flow, low leverage, and improved chemicals and fuels performance, despite lower energy results. Dividend proposed at EUR 4.40 per share.
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.
4 February 2026
UPM 2025 Financials: Strong Cash Flow, Strategic Moves
Q4 sales and EBIT down, but cash flow strong. Strategic actions include joint ventures, investments, and closures. Sustainability recognized with top ratings.
4 February 2026
Uniper's 10-Year Solar PPA with NKT in Wilhelmshaven
The 17.2 MWp solar park will supply renewable energy to NKT's Nordenham and Cologne facilities, enhancing sustainability and regional energy use.
3 February 2026
Moeve to Start Andalusian Green Hydrogen Valley Construction
The Andalusian Green Hydrogen Valley's first phase, Onuba, will invest €1 billion for 300 MW capacity, with potential for 100 MW more, aiming to decarbonize hard-to-abate sectors in Spain.
3 February 2026
SABIC Introduces Biocompatible Materials and Fluoropolymer Alternatives at MD&M West
Showcasing medical-grade thermoplastics, SABIC addresses performance and regulatory challenges, offering solutions for drug delivery, patient testing, and surgical applications.
3 February 2026
Symrise Earns High CDP Sustainability Scores
Symrise scores A- in climate and water, B in forests from CDP, highlighting transparency and commitment to sustainable practices and environmental impact reduction.
3 February 2026
Eni and Q8 to Build Priolo Biorefinery
The Priolo biorefinery will produce 500,000 tonnes of biofuels annually, aiming to cut greenhouse gas emissions by 65%. Completion is expected by 2028.
3 February 2026
Geolinks Services Secures €6M for FlowTerra Industrialization
Funding will accelerate FlowTerra's launch for mining, CCS, and hydrogen, enhancing subsurface modeling and industrial capabilities.
3 February 2026
Elkem's MIRASIL™ N‑DML 15 Wins SEAL Environmental Initiative Award
MIRASIL™ N‑DML 15, a sustainable silicone blend, offers high performance with reduced carbon footprint, using renewable sunflower-based carrier, enhancing Elkem's eco-friendly product line.
3 February 2026
RWE and Amazon Sign PPA for Nordseecluster B Offshore Wind Power
The PPA covers 110 MW from Nordseecluster B, aiding Amazon's net-zero goal and Germany's decarbonization. The project is a joint venture with Norges Bank Investment Management.
3 February 2026
TECNIMONT and Baker Hughes Partner on Global LNG Projects
The MoU focuses on modular, scalable LNG projects, leveraging expertise in EPC and gas liquefaction to meet demand for flexible, low-carbon LNG infrastructure.
3 February 2026
Xfloat and BASF Enhance Floating Solar Durability
The collaboration integrates advanced stabilizers to enhance FPV systems' durability, reducing costs and meeting safety standards for deployment in sensitive environments.
2 February 2026
Northern Graphite launches €1.7M German‑funded graphite R&D program
Three-year German-funded R&D to develop HF-free European graphite purification, sustainable coatings and recovery of graphite from recycled battery black mass.
2 February 2026
The Sanmar Group: TA'ZIZ feedstock deal, Chemplast MoU and Flowserve Sanmar upgrades
Long-term TA’ZIZ agreement for 350,000 tpa of PVC feedstocks; MoU for refrigerant-gas manufacture in Tamil Nadu creating 200+ jobs; Flowserve Sanmar factory and product upgrades.
2 February 2026
ORLEN Opens Hydrogen Refuelling Station in Piła
The new station supports low-emission transport, serving buses and cars. It offers 24/7 access and is part of a broader hydrogen network expansion in Poland.
2 February 2026
Nouryon Introduces 100% Biobased CMC for Laundry Detergents
FinnFix® PB MAX offers a biodegradable alternative to synthetic ingredients, reducing carbon footprint while maintaining cleaning performance in laundry detergents.
2 February 2026
Arkema Achieves Top 2% EcoVadis Rating
Awarded EcoVadis Gold, Arkema excels in sustainable development, reflecting strong CSR performance and commitment to responsible supply chain practices.
30 January 2026
LOTTE Chemical Opens 6th ESG Center in Busan to Boost Resource Circulation
The new center in Busan enhances waste plastic recycling, supports carbon neutrality, and creates senior jobs, advancing LOTTE's Project LOOP.
30 January 2026
Dangote and XCMG Partner on African Infrastructure and Green Projects
The partnership focuses on infrastructure, mining, and green projects in Africa, emphasizing sustainability, innovation, and mutual growth through shared expertise and resources.
30 January 2026
Praj and Axens Demonstrate Ethanol-to-Jet Pathway for Sustainable Aviation Fuel
Praj's demo plant validates ethanol as feedstock for sustainable aviation fuel, ready for commercial use, supporting low-carbon aviation transition.
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