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(page 147)
7 October 2024
Archroma Invests in El Prat Facility to Boost Paper and Packaging Capacity
The El Prat plant marks 50 years, expanding by 32,000 tons annually with a €20M investment, creating 30 jobs, and enhancing sustainability and innovation in the European market.
3 October 2024
LANXESS to Sell Urethane Systems to UBE Corporation
The sale, valued at €460M, includes 5 sites and 400 employees. Proceeds will reduce net debt. Transaction expected to close in H1 2025, pending regulatory approval.
2 October 2024
Zaragoza Opens Europe's First Biorefinery
The biorefinery converts urban waste into high-value products, supporting circular economy goals and reducing landfill waste, while creating jobs and promoting sustainable growth.
2 October 2024
RPM International to Open Resin Facility in Belgium
The new facility will enhance manufacturing, supply chain efficiency, and cost reduction, supporting global growth and operational goals. Opening is set for late 2024.
1 October 2024
Covestro and ADNOC Sign Investment Agreement for Public Takeover Offer
ADNOC offers €62/share, supporting Covestro's growth strategy. A 10% capital increase will raise €1.17 billion. Shareholders gain a 54% premium.
1 October 2024
DLR Begins Construction of Power-to-Liquid Fuel Facility in Leuna
The facility will optimize e-fuels, bridging research and industrial production, with €130M funding, aiming to decarbonize transport and enhance Leuna's role in sustainable chemical manufacturing.
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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1 October 2024
Indaver Opens Advanced Recycling Plant in Antwerp
The plant recycles polystyrene and polyolefins into high-quality raw materials for food packaging, aiding EU recycling targets and using green energy. Full operation starts end of 2024.
1 October 2024
Covestro Backs ADNOC's €1.17 Billion Takeover with Strategic Investment
The agreement supports sustainable growth, offers a 54% premium to shareholders, and ensures governance continuity, with a 10% capital increase for strategic implementation.
30 September 2024
Vioneo to produce fossil-free plastics from green methanol in Antwerp
The project aims to cut CO2 emissions, create jobs, and needs stakeholder support, regulatory backing, and customer commitment for success.
28 September 2024
Electrochaea scales to 10MWe with EIC Accelerator, launches first commercial project in Denmark
The company developed CO2-neutral synthetic methane tech, secured €27.96M funding, and optimized plant design, reducing CAPEX and OPEX for the BioCat-Roslev project in Denmark.
26 September 2024
INEOS Inovyn launches major solar farm in Belgium for Net Zero transition
The solar farm, with 60MW capacity, cuts CO2 by 14,000 tonnes annually, aiding Europe's green goals. It features advanced panels and supports low carbon product development.
24 September 2024
PCI Pharma invests $365M in EU and US facilities for advanced drug delivery and device products
Investments enhance drug-device assembly, packaging, and storage in the US and EU, focusing on injectables and biologics, with new facilities in Illinois and Ireland.
24 September 2024
Solvay to End Production at Salindres Site
68 positions will be cut by late 2025 due to ongoing financial losses. Provisions of €50M will be recorded in Q3 2024, with cash-out starting in 2025. 2024 EBITDA and FCF guidance remain unchanged.
24 September 2024
CARBIOS and Selenis Partner to Produce Sustainable PETG for Cosmetics and Healthcare
The partnership leverages enzymatic depolymerization and polymerization expertise to create sustainable PETG from PET waste, meeting high standards for cosmetics and healthcare packaging.
23 September 2024
Northvolt Cuts 1600 Jobs in Sweden
Operations in Sweden are scaled back to focus on battery production, affecting 1,600 jobs. Support measures for impacted employees are in place, with ongoing union negotiations.
20 September 2024
Eskom and Sasol Partner to Explore LNG for South Africa's Energy Needs
The MoU aims to assess LNG needs, infrastructure, and supply for power generation, supporting South Africa's energy transition and decarbonization efforts.
19 September 2024
LYB Begins Construction of Advanced Recycling Plant in Wesseling
The new plant will use MoReTec technology to recycle mixed plastic waste into new polymers, supporting Germany's circular economy goals. Startup is set for 2026, with EU funding of 40 million euros.
18 September 2024
Sinopec and Técnicas Reunidas JV awarded petrochemical project in Kazakhstan
The €2.3B steam cracker project in Atirau will use local gas to produce 1,300 kta of ethylene. Completion is expected by 2028, with Lummus Technologies as the technology licensor.
18 September 2024
AMG Opens Europe's First Lithium Hydroxide Refinery
The new refinery in Germany will produce battery-grade lithium hydroxide, with plans to expand capacity to 100,000 tons by 2030, supporting Europe's EV market and critical raw material independence.
17 September 2024
Antwerp Chemical Firms Explore Waste Water Reuse with CHERISH2O Project
The CHERISH2O project at Antwerp's port aims to purify and reuse industrial waste water, reducing water consumption and mitigating drought risks, supported by €730,000 in funding from the Flemish government.
16 September 2024
SkyNRG and Skellefteå Kraft's Project SkyKraft
Project SkyKraft explores producing eSAF from renewable energy and biogenic CO2 in Northern Sweden, supporting EU decarbonization and Skellefteå's green industry growth.
16 September 2024
Indian Oil Corporation Chooses Univation's UNIPOL PE Process for Major Production Line in India
The new line will produce 650,000 tons of polyethylene annually, using advanced technologies for diverse applications, including packaging and high-performance films.
16 September 2024
E-Lyte Opens First German Electrolyte Production Plant
The new plant in Kaiserslautern produces 20,000 tons of electrolytes annually for batteries, enhancing sustainability and efficiency. The project is backed by the German Environmental Innovation Programme.
13 September 2024
FUCHS to Acquire Swiss Lubricant Firm STRUB & Co. AG
The acquisition will provide market access and a research plant in Switzerland. Both companies share a focus on innovation and customized solutions. Completion is expected by end of 2024.
12 September 2024
Grangemouth Petroineos Oil Refinery to Close in 2025: Focus on a Green and Industrial Transition
Closure impacts 400 jobs; £100M pledged for green projects. Focus on reskilling, clean fuels, and hydrogen. Other site operations remain.
12 September 2024
€35M Investment Boosts Abolis Biotechnologies
An international consortium's investment will expand biomanufacturing, accelerate R&D, and foster strategic partnerships in healthcare, cosmetics, and chemicals, driving sustainable biotech innovation.
12 September 2024
Deutsche ReGas Completes FEED for H2-Hub Lubmin
The H2-Hub Lubmin project plans a 200 MW electrolyzer by 2026, expanding to 500 MW by 2028, producing up to 80,000 tons of green hydrogen annually. A floating import terminal will start in 2026.
12 September 2024
Lilly Invests $1.8 Billion in Irish Manufacturing Expansion
The $1.8B investment will boost production of Alzheimer's, diabetes, and obesity treatments, create 150 jobs, and enhance sustainability with advanced technologies and a solar farm.
12 September 2024
bp and Iberdrola Approve 25MW Green Hydrogen Plant in Castellón
The 25 MW green hydrogen project at Castellón refinery will be operational by late 2026, funded by 15M euros from the EU. It aims to decarbonize industry and create up to 500 construction jobs.
12 September 2024
BASF Opens New Alkyl Ethanolamines Plant in Antwerp
The new plant boosts global alkyl ethanolamines capacity by 30%, supporting sustainable growth. These chemicals are key in gas treatment, water treatment, coatings, and more.
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