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(page 109)
2 December 2024
Arkema Completes Acquisition of Dow's Packaging Adhesives Business
The acquisition expands Arkema's packaging solutions, adding $250M in sales and 280 employees, with expected synergies of $30M EBITDA in 5 years, based on a $150M enterprise value.
28 November 2024
FUCHS SE completes acquisition of STRUB & Co. AG
The acquisition secures Swiss market access, retains STRUB's brand and management, and adds a research and production plant. STRUB employs 40, with EUR 15M sales in 2023.
27 November 2024
Lactips Raises €16M for Global Expansion of Biodegradable Polymer
The funding will boost growth in Europe, Americas, and Japan, enhance R&D, and expand production capacity, supported by new and existing impact investors.
26 November 2024
Sasol and Air Liquide Secure Renewable Energy for Secunda
A consortium will supply 260 MW of wind and solar energy to decarbonize Secunda, aiming for 1,200 MW by 2030, contributing to a 30% GHG reduction target.
25 November 2024
EIB Provides €80 Million to Nortegas for Biomethane Plants in Spain
The loan supports renewable gas development, aiding Spain's decarbonization and energy security, aligned with REPowerEU and backed by InvestEU.
25 November 2024
TotalEnergies Advances Hydrogen Decarbonization at La Mède
Partnering with Air Liquide, a new unit will produce renewable hydrogen by 2028, cutting La Mède's CO2 emissions by 130,000 tons annually.
News type
Project Updates and Milestones
New Projects and Expansions
Mergers, Acquisitions, and Partnerships
Innovation and Product Development
Operational Changes and Investments
Sustainability and Environmental Initiatives
Financial Performance and Strategy
Executive Appointments and Governance Changes
Regulatory and Compliance Updates
Workforce and Corporate Social Responsibility (CSR)
Crisis and Risk Management
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22 November 2024
Peter Carlsson Steps Down as Northvolt CEO
Northvolt files for Chapter 11, appoints interim leadership, and initiates CEO search. Carlsson remains as Senior Advisor and Board Member.
22 November 2024
Gunvor Temporarily Halts Rotterdam Refinery Operations Amidst Challenging Market Conditions
75,000 bpd Rotterdam refinery halted from Nov 25, 2024 due to lack of viable feedstock and weak margins. Site remains trading terminal; SAF and energy projects continue.
21 November 2024
Kuopio Allocates 40 Hectares for InnoEnergy's Green Investment
Kuopio's 40-hectare site will host a clean energy plant by 2030, creating 300 jobs and supporting low-carbon goals with minimal environmental impact.
20 November 2024
Vulcan and BASF to explore geothermal energy at Ludwigshafen site
The project aims to use geothermal energy for CO2-free steam and lithium extraction, benefiting local industries and reducing emissions. Seismic surveys start in 2025.
18 November 2024
Elkem Advances Circular Economy for Silicones in Lyon
A pilot project in Lyon uses patented recycling to reduce silicone waste, cut emissions, and support the green transition, funded by France 2030 and EU's NextGenerationEU.
18 November 2024
Abbott Launches New Manufacturing Facility in Kilkenny, Ireland
The facility will produce diabetes care sensors, create 800 jobs, and is part of a €440M investment in Ireland, focusing on sustainability and supporting STEM education.
18 November 2024
Unite urges Labour to act on Grangemouth refinery closure plan
Unite proposes converting the refinery to a bio-fuels hub, preserving jobs and aligning with government policies, while urging government intervention against closure.
18 November 2024
Polish Firms Sign Cooperation Agreement for Explosives Production
The agreement aims to boost Poland's nitrocellulose and propellant production for ammunition, enhancing national security and creating jobs.
13 November 2024
Exolum Demonstrates Green Hydrogen Transport via LOHC in Existing Infrastructure
The project uses LOHC to store and transport hydrogen, funded by the UK government, aiming to meet 30% of the UK's 2030 hydrogen demand and support decarbonization efforts.
12 November 2024
BASF Expands X3D Catalyst Production in Germany
New plant to produce 3D-printed catalysts by 2026, enhancing efficiency and reducing energy use. Versatile technology customizes catalysts for improved performance and lower carbon footprint.
11 November 2024
Suomen Lantakaasu invests €80M in Kiuruvesi biogas plant, Finland
The plant will produce biogas from manure, aiming for 1 TWh of renewable fuel. EU funding supports the project, boosting local employment and reducing agricultural emissions.
8 November 2024
Shell Advances Plastic Circularity at Moerdijk
A new unit processes hard-to-recycle plastics into pyrolysis oil, enhancing circularity and reducing fossil feedstock reliance, with plans to handle 50 kilotons annually.
7 November 2024
Avebe and ChainCraft partner to convert potato juice into circular chemicals
The collaboration uses fermentation to turn waste into valuable products, reducing environmental impact, enhancing sustainability, and boosting local employment and agriculture.
7 November 2024
Qair to Develop E-Methanol Project at Haropa Port, Le Havre
A 60-hectare site in Le Havre will host an e-methanol project to decarbonize maritime transport, supported by government and aligned with local industrial decarbonization efforts.
7 November 2024
Clariant boosts recycled MPG storage for deicing in Sweden
New tanks in Uddevalla enhance recycled MPG use, cutting carbon footprint and Scope 3 emissions, supporting circular economy and sustainability in deicing products.
5 November 2024
BASF Opens New Production Line in Heerenveen
The new line boosts water-based dispersion capacity, using green energy, with no extra CO2 emissions, supporting sustainable packaging and coatings.
4 November 2024
KazMunayGas and Axens Strengthen Partnership
They signed a framework agreement to explore sustainable aviation fuel production in Kazakhstan, aiming to attract investment and introduce advanced technologies.
3 November 2024
Bolder Industries Partners to Launch E.U. Facility for Sustainable Materials at Antwerp Port
The new facility will boost sustainable material production, processing 3M tires annually, with reduced CO2 and water use, supported by strategic partners for design and project management.
1 November 2024
Repsol invests €150M in Tarragona chemical complex
€50M for maintenance, €100M for safety and efficiency. 675 units inspected, 104,000 tonnes CO2 cut. 1,300 workers daily. Enhances competitiveness and sustainability.
31 October 2024
LanzaTech and Eramet to Launch Integrated CCUS Project in Norway
The project will produce ethanol from furnace gas, aiming for CO2 reduction. A feasibility study may add CCS. Operations start in 2028, creating jobs and supporting local innovation.
30 October 2024
RWE Advances 100MW Green Hydrogen Project in Eemshaven
Secured permits enable green hydrogen production in Eemshaven, integrating with OranjeWind project, pending final investment decisions and infrastructure readiness.
29 October 2024
AFRY to conduct feasibility study for Helen's hydrogen plant in Finland
The study will assess green hydrogen production feasibility in Helsinki, aiding low-cost design for carbon-neutral energy by 2030, with completion expected by mid-2025.
28 October 2024
CABB Group Appoints Marcus Mayer as New CFO
Marcus Mayer, with 25+ years in finance, will replace Markus Schürholz as CFO in December. Mayer aims to drive growth and innovation.
28 October 2024
European Energy Launches 12 MW Green Hydrogen Facility in Denmark
The facility uses renewable energy for hydrogen production, with plans to expand. It supplies Port Esbjerg and local utilities, optimizing energy use and aiding decarbonization efforts.
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