(IN BRIEF) A joint venture between bp and Iberdrola España has commenced construction of Spain’s largest green hydrogen plant, set to begin operations by 2026. Located next to the bp refinery in Castellón, this 25 MW plant is expected to … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology, United Kingdom
Tagged and Resilience Plan, BP, Castellón, Ceramics, chemicals, civil engineering, CO2 reduction, electrolysers, electrolysis, energy transition, green hydrogen plant, heavy transport, hydrogen for hard-to-decarbonise industries, hydrogen production, hydrogen sector, hydrogen value chain, Iberdrola España, Iberdrola wind and solar farms, industrial decarbonisation, local companies, NextGenerationEU, partnership, renewable energy, Renewable hydrogen, renewable hydrogen projects, Spain, Spanish Recovery, sustainability, transformation
(IN BRIEF) Neste has introduced co-processed Neste RE, a new renewable feedstock for the polymers and chemicals industry. Produced by co-processing renewable raw materials like used cooking oil with fossil crude oil at its Porvoo refinery, this feedstock offers a … Read the full press release
Posted in Agriculture, Business, Chemicals, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged chemicals, feedstock, Jeroen Verhoeven, Neste, Neste RE™, partnership, polymers, sustainability
(IN BRIEF) Neste has achieved a significant milestone in chemical recycling by processing pyrolysis oil derived from discarded vehicle tires, supplied by Scandinavian Enviro Systems, into high-quality raw material for new plastics and chemicals at its refinery in Porvoo, Finland. … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Science, Sweden, Technology
Tagged Andreas Teir, chemicals, Discarded Tires, Enviro Systems, High-Quality Raw Material, Neste, partnership, plastics, pyrolysis oil, recycling, Susanna Sieppi, sustainability, Sweden
(IN BRIEF) In 2023, Brenntag reported solid financial results despite market challenges, with sales declining by 11.0% due to lower prices and volumes. Operating gross profit reached 4,041.8 million EUR (-3.7%), and operating EBITA stood at 1,265.0 million EUR (-13.1%), … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Management
Tagged Brenntag, Brenntag Essentials, Brenntag Essentials showed a resilient performance according to expectations. Especially the North America segment achieved a positive result, Brenntag Specialties, chemicals, Christian Kohlpaintner, dividend, eaarnings, Earnings per share, financial performance, financial results, Free cash flow, Guidance 2024, ingredients distribution, Kristin Neumann, operating EBITA, Operating gross profit, Outlook & Guidance 2024, partly compensating the de
(IN BRIEF) Saint-Gobain has announced its acquisition of Menkol Industries Private Limited, a prominent Indian manufacturer specializing in high-value waterproofing systems. This strategic move enhances Saint-Gobain’s position in the Construction Chemicals sector, focusing on specialty building materials within the dynamic … Read the full press release
(IN BRIEF) Versalis, the chemicals company owned by Eni, has achieved a “Platinum” rating from independent agency EcoVadis for the second year in a row, placing it in the top 1% for its industry in terms of corporate social responsibility. … Read the full press release
(IN BRIEF) Alfa Laval has joined the First Movers Coalition (FMC), a global initiative launched by the World Economic Forum (WEF) to decarbonize hard-to-abate CO2-emitting industries and long-distance transport. The FMC focuses on seven sectors, including aluminium, aviation, chemicals, concrete, … Read the full press release
(IN BRIEF) INEOS Olefins Belgium has secured €3.5 billion in funding to construct and operate Europe’s most environmentally sustainable cracker. The plant will have a lower carbon footprint than the average European steam cracker and is capable of operating solely … Read the full press release
Posted in Belgium, Business, Chemicals, Environment, Financial, Industrial, News, United Kingdom
Tagged Cesce, chemicals, ethylene, European steam cracker, Gigarant, INEOS Olefins Belgium, SACE, sustainable cracker, UKEF
(PRESS RELEASE) ESPOO, 21-Oct-2022 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced that its ambitious sustainability vision and renewable solutions … Read the full press release
(PRESS RELEASE) ESPOO, 13-Sep-2022 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced its participation in the pioneering public blockchain digital … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Finland, Industrial, Management, Netherlands, Technology
Tagged Arçelik, Asahi Kasei, authentication, Blockchain, Borealis, Certification schemes, chemicals, circular economy, Circularise, decentralisation, encryption, EVBox, Isabella Tonaco, ISCC, ISCC PLUS certification, Itochu, Jan Henke, Marubeni, Material traceability, Mesbah Sabur, Neste, OEMs, original equipment manufacturers, Philips Domestic Appliances, Renewable Polymers, Shell, Susanna Sieppi, sustainability certification, Trinseo, value chain, verification
Increases the site capacity by 15% from 500,000 tons to 575,000 tons per annum Reduces CO2 emissions by 15% per tonne Demonstrates INEOS Aromatics’ commitment to the growth of the Indonesian polyester industry (PRESS RELEASE) LONDON, 1-Mar-2022 — /EuropaWire/ — INEOS … Read the full press release
(PRESS RELEASE) ESPOO, 2-Feb-2022 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced the release of its latest Market and Innovation … Read the full press release
Posted in Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Science, Technology
Tagged carbon neutrality, CCUS, chemical recycling, chemicals, circular, circular economy, climate crisis, hydrogen, Lars Peter Lindfors, Market and Innovation Outlook, Minna Aila, Neste, plastic waste, polymers, renewable, renewable fuels, REPORT, Susanna Sieppi, sustainable mobility, The Change Book
Deeper partnership drives development of circular packaging solutions based on Borealis polymer and recycling expertise in tandem with Bockatech’s patented EcoCore ® technology platform EcoCore platform to be scaled up to expand range and availability of lighter weight and reusable … Read the full press release
Posted in Austria, Chemicals, Environment, Industrial, Investment, News, Technology
Tagged Bockatech, Bockatech EcoCore, Borealis, chemicals, circular packaging solutions, circular polyolefin solutions, COP26, EcoCore, environmental footprints, EverMinds™, fertilizers, Henri Gaskjenn, Lucrèce Foufopoulos, packaging, plastics circularity, polyolefin resins, recyclable packaging, reusable cups, stake, Sustainable packaging
(PRESS RELEASE) MUNICH, 9-Dec-2021 — /EuropaWire/ — Wacker Chemie AG (ETR: WCH), a German multinational chemical company, has announced that its next year’s Annual Shareholders’ Meeting will be held on May 20, 2022 as a virtual event in order to … Read the full press release
35th unit installed, total emissions saved worldwide: 16 million t/year EnviNOx® technology reduces greenhouse gas emissions nearly completely (PRESS RELEASE) ESSEN, 24-Nov-2021 — /EuropaWire/ — thyssenkrupp (ETR: TKA), a German multinational industrial engineering and steel production conglomerate, announces that thyssenkrupp Uhde has … Read the full press release
Posted in Chemicals, Environment, Germany, Industrial, News, Switzerland, Technology
Tagged Arxada, chemical plants, chemicals, climate-neutral chemicals, CO2, CO2 emissions, CO2-equivalents, Emission Reduction, EnviNOx®, fertilizers, global warming, green ammonia, GREEN HYDROGEN, greenhouse gases, laughing gas, N2O, nitric acid plants, Nitrogen Oxides, nitrous oxide, nitrous oxide emissions, polymers, Sami Pelkonen, sustainable chemicals, ThyssenKrupp Uhde, witzerland
This alliance will enable both parties to expand their Project Management Consultancy as well as project controls and supervision capabilities into new market opportunities to create high-value services for clients. (PRESS RELEASE) COLOGNE, 19-Oct-2021 — /EuropaWire/ — TÜV Rheinland, one … Read the full press release
Posted in Chemicals, Energy, Gas & Oil, France, Germany, Industrial, Infrastructure & Utilities, Management, Metals and Minerals, News
Tagged Charles Cessot, chemicals, ENERGY, energy transition, infrastructure, mining & metals, Petr Láhner, Project Management Consultancy, Project Management Consulting Services, Technip Energies, testing service providers, TÜV Rheinland
The project forms part of more than €2bn investment in Green Hydrogen announced by INEOS earlier this week. Hydrogen from the new unit would be used in the production of green ammonia. The complete project will result in a reduction … Read the full press release
Posted in Chemicals, Energy, Gas & Oil, Environment, Germany, Industrial, Investment, News, Technology, United Kingdom
Tagged Axel Goehrt, carbon capture, chemical value chains, chemicals, Currenta, decarbonisation, electrolyser, green ammonia, green fuel production, GREEN HYDROGEN, green hydrogen project, greenhouse gases, Hans Casier, hydrogen, INEOS, INEOS green ammonia production, INEOS Köln site, INEOS Nitriles, INOVYN, low-carbon future, net-zero targets, Power-to-Methanol, sustainability, sustainable methanol, UN, Wouter Bleukx
(PRESS RELEASE) ESPOO, 23-Sep-2021 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced its Capital Markets Day 2021 held as a … Read the full press release
Posted in Aviation & Aerospace, Business, Chemicals, Energy, Gas & Oil, Environment, Finland, Industrial, News, Technology, Transportation & Logistics
Tagged biodiversity, Capital Markets Day 2021, chemicals, circular bioeconomy, circular solutions, Climate, climate ambitions, human rights, Neste, Peter Vanacker, polymers, Porvoo, raw materials, renewable aviation, Renewable Chemicals, renewable diesel, Renewable Polymers, Renewable Products, Renewable Road Transportation, renewable solutions, SAF, supply chain, Susanna Sieppi, sustainability, sustainable aviation fuel, sustainable refinery
New center strengthens innovation leadership of chemical catalysts portfolio Sustainable setup with all necessary solids processing capabilities in one place Customers benefit from joint development and faster access to new catalyst technologies (PRESS RELEASE) LUDWIGSHAFEN, 24-Aug-2021 — /EuropaWire/ — BASF … Read the full press release
Group sales show organic growth of +11.3 percent to around 10 billion euros (nominal +4.7 percent), driven by all business units and regions Operating profit* rises to 1,430 million euros, +20.1% EBIT margin* increased to 14.4%, +1.9 percentage points Earnings per … Read the full press release
Posted in Business, Chemicals, Financial, Germany, Industrial, Management, News, Technology
Tagged chemicals, earnings, EBIT, Henkel, Operating profit, Organic sales, Outlook
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