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(page 172)
15 June 2022
Indaver and INEOS Styrolution Sign Agreement for Recycled Styrene Monomer Plant in Antwerp
The agreement enables production of polystyrene from recycled feedstock, reducing waste and fossil use. The new plant will meet food-grade standards and start production in 2024.
15 June 2022
HH2E and MET Group to Develop Major Green Hydrogen Plant in Germany
The project in Lubmin aims for 100 MW capacity by 2025, scalable to 1 GW by 2030, producing up to 60,000 tonnes of green hydrogen annually, with a total investment potentially exceeding 1 billion euros.
14 June 2022
Repsol to Invest €35M in XLPE Plant for HV and EHV Cables in Tarragona
The new plant will produce 27 kt of XLPE annually using LSHC™ technology, starting mid-2024. It will offer seven grades for HV, EHV, WTR, and DC cable segments, enhancing product range and market position.
14 June 2022
Clariant Begins Commercial Production of Cellulosic Ethanol in Romania
The plant's entire output is contracted to Shell. It will produce 50,000 tons of biofuels from local agricultural residues, supporting sustainable fuel and chemical applications.
13 June 2022
Chevron finalizes Renewable Energy Group acquisition
The acquisition enhances Chevron's renewable fuels capabilities. CJ Warner, former REG CEO, joins Chevron's Board, bringing expertise in traditional and renewable energy sectors.
9 June 2022
BASF Expands Optical Brightener Production in Monthey
Increased production capacity for Tinopal® CBS optical brighteners meets rising global demand, overcoming COVID-19 and supply chain challenges. Ideal for detergents, it supports EU Ecolabel standards.
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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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9 June 2022
INEOS Olefins Belgium Receives Permit for Project ONE in Antwerp
The permit allows construction of Europe's most sustainable steam cracker, reducing CO2 emissions significantly. The project will create 450 direct jobs and aims for climate neutrality within 10 years.
8 June 2022
Plug to Build Green Hydrogen Plant at Port of Antwerp-Bruges
A 35-tons-per-day green hydrogen plant will be built at Port of Antwerp-Bruges, producing 12,500 tons annually. Construction starts in late 2023, with production by late 2024 and commissioning in 2025.
7 June 2022
Viridian to Build France's First Battery-Grade Lithium Plant
Starting 2025, the plant in Eastern France will produce low-carbon lithium hydroxide, creating 250 direct and 600 indirect jobs, supporting Europe's electric vehicle supply chain and green mobility goals.
7 June 2022
Sustainable Large-Scale Production of Antimicrobial Peptides Developed by mk2 Biotechnologies, WACKER, and TUM
The project aims to develop cost-efficient, scalable production of antimicrobial peptides via sustainable fermentation, targeting applications in personal care, food, animal breeding, and crop protection.
7 June 2022
Chevron Phillips Chemical to Build New PAO Unit in Belgium
The new unit will double PAO production in Belgium by 2024, leveraging local expertise and infrastructure to meet global demand for high-quality PAOs used in various industries.
3 June 2022
Viridi to Build Green Hydrogen Plant in Cadiz
The €210M project aims to start by late 2025, creating 300 construction jobs and 50 permanent roles. It will produce 30,000 tonnes of green methanol annually, primarily for export to Germany.
2 June 2022
Repsol to Invest €105M in UHMWPE Plant in Spain
The new plant, operational by end of 2024, will produce 15,000 tons annually using DSM technology. UHMWPE's applications include battery separators, construction, protection gear, and medical devices.
2 June 2022
AGROFERT to Acquire Borealis' Nitrogen Business in Europe
The acquisition includes fertilizer, melamine, and technical nitrogen products, valued at EUR 810 million. The deal awaits regulatory approval and is expected to close in the second half of 2022.
1 June 2022
Lhyfe Approved to Develop Hydrogen Ecosystem in Schwäbisch Gmünd
The plant will produce up to 4 tonnes/day of green hydrogen, powered by wind and solar, and supply local industry and fuel cell vehicles. Operational by early 2024, it supports a sustainable tech park.
31 May 2022
HyDeal España partners with four EPC firms
The firms will design Europe's largest renewable hydrogen hub, aiming for competitive costs. Production starts in 2025, targeting 150,000 tons of hydrogen annually by 2026, reaching 330,000 tons by 2030.
31 May 2022
Nippon Shokubai and Arkema Partner to Mass-Produce LiFSI Electrolyte Salts in France
The partnership aims to mass-produce ultrapure LiFSI electrolyte salts for electric vehicle batteries, enhancing performance and supporting Europe's battery value chain. Production starts by end-2025.
31 May 2022
DSM and Firmenich to Merge, Leading in Nutrition, Beauty, and Well-being
The merger combines expertise in perfumery, taste, health, and nutrition, enhancing innovation and sustainability. It aims to better serve customers and drive growth with a strong global footprint.
31 May 2022
LANXESS to Acquire DSM Elastomers for EUR 310 Million
The acquisition, valued at an EBITDA multiple of 6, will be EPS accretive by 2011. The deal includes EPDM plants in the Netherlands and Brazil, pending antitrust approval and employee consultation.
24 May 2022
Xycle to Begin Building Plastic Recycling Plant in 2024
The plant will convert 21,000 tons of plastic into raw materials annually, aiming for global expansion. It reduces CO2 emissions and fossil raw material use in the chemical industry.
24 May 2022
WACKER Expands Silicone Rubber Production in US and Germany
To meet rising demand, significant capacity expansions for liquid and high-consistency silicone rubber are planned globally, with investments over €100 million and new sites in India, Czech Republic, and Japan.
23 May 2022
Topsoe to Build Largest Electrolyzer Plant in Denmark
The new plant in Herning will produce 500 MW of electrolyzers annually, scalable to 5 GW, operational by 2024. It aims to decarbonize hard-to-abate sectors and support EU energy independence.
23 May 2022
Merck Invests €440 Million to Expand Manufacturing in Cork, Ireland
The investment will boost membrane and filtration manufacturing, create 370 jobs by 2027, and support novel therapies, vaccines, and diagnostics, aligning with sustainability goals.
20 May 2022
Circa and Valmet Partner to Scale Biochemical Production
The partnership aims to optimize the Furacell™ process, targeting 80 ktpa Cyrene™ production by 2030, leveraging Valmet's expertise in biomass-to-energy solutions and plant automation.
18 May 2022
Covestro Starts Desmodur® 15 Production Line in Barcelona
The new line meets rising demand for high-performance elastomers, supports global supply, and operates on renewable energy. It aids growth in high-end applications and Vulkollan® licensee development.
16 May 2022
Jervois Boosts Cobalt Refining in Finland
Jervois is starting a Bankable Feasibility Study to double cobalt refining capacity in Kokkola, Finland, to meet global demand and enhance recycling efforts.
16 May 2022
Europe's Largest EV Battery Recycling Plant Opens in Norway
The plant processes 12,000 tonnes of EV batteries annually, recovering up to 95% of materials. Expansion aims for 70,000 tonnes by 2025 and 300,000 by 2030, supporting sustainable battery recycling.
12 May 2022
Valmet to Supply BioPower Plant and BioTrac System to ORLEN Poludnie in Poland
Valmet will provide technology for a bioethanol plant in Poland, including a BioTrac system and a BioPower CHP plant. The project supports ORLEN's biofuels market growth and EU bio-additives targets.
12 May 2022
Explosion at Melamin Chemical Factory in Slovenia
Over 20 injured, 2 severely, and 5 missing after an explosion. Fire contained, building damaged. Facility is a major regional employer, producing resins. Worst industrial fire in Slovenia recently.
12 May 2022
Lithium Hydroxide Plant in Teesside, UK
A new lithium hydroxide plant in Teesside will process low-carbon feedstocks for Europe's battery market, aiming for 96,000tpa production by 2030, with commercial output expected by Q4 2024.
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