Recent developments
Low‑carbon fuels
INEOS Acetyls and Sandpiper plan a 1.1 MTPA low‑carbon methanol plant with CCS in Texas City (2030 start). Perpetual Next arranged storage and distribution for the 220 kt/y Delfzijl biomethanol facility in Farmsum. BASF and Nutrien launched a collaboration to verify low‑CI corn feedstocks, supported by record‑high renewable volume obligations.
Carbon capture build‑out
Worley signed an Owner’s Engineering MSA with Holcim for 14 cement CCUS projects. Exolum will develop a CO2 storage and shipping terminal at Avonmouth Docks, up to 6 Mt/y by 2031. Worley will also deliver FEED for Dow’s Path2Zero expansion in Fort Saskatchewan with post‑combustion capture.
Battery and EV materials
Evonik opened a PEEK rectangular magnet‑wire lab in China for high‑temperature e‑motor insulation. Umicore’s Battery Materials Solutions reported modest CAM volumes with take‑or‑pay support and progress on an anode JV. Trinseo said CASE and battery binders comprised 19% of segment sales with volumes up 14%.
Hydrogen and firm capacity
Lhyfe won a multi‑year contract to supply green hydrogen to BMW Group’s Steyr site for fuel‑cell development. Uniper obtained preliminary approval for a hydrogen‑ready combined cycle gas turbine (CCGT) Unit 8. TotalEnergies and EPH closed a JV owning flexible natural gas and biomass‑fired power plants and battery energy storage systems across five countries.
Renewables and circularity
Statkraft and SUNCATCHER will market three hybrid solar PV plus battery projects in Germany. TotalEnergies and Nextnorth began construction of a 440 MWp solar plant in the City of Ilagan. Statkraft and Hydro signed two long‑term power purchase agreements for 12.3 TWh. ROSI funded a fully standardised, integrated and highly automated recycling line in Teruel.