The Netherlands – Spanish energy company Cepsa has signed an agreement with Evos, a leading liquid energy and chemical storage company with hubs in strategic locations across Europe, to enable the storage of green methanol to be produced by Cepsa at Evos’ storage facilities in Algeciras and Rotterdam. The partnership, which also provides for the […]
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Belgium – The competitive position of the Belgian chemical and life science sector has weakened significantly over the past year. The sector is struggling with a historically low capacity utilization rate, a 14% decline in turnover and an 18% decline in exports according to the 2023 annual figures of the sector federation essenscia. The advocacy […]
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Germany – BASF, SABIC, and Linde have inaugurated the world’s first demonstration plant for large-scale electrically heated steam cracking furnaces. Following three years of development, engineering, and construction work, the regular operation of the demonstration plant is now ready to start at BASF’s Verbund site in Ludwigshafen, Germany. In March 2021, the three companies signed a […]
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BASF metal refinery for battery recycling Schwarzheide
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Belgium – The CEOs of the port companies of Antwerp-Bruges, North Sea Port, Duisburg and Rotterdam are calling on European government leaders to work together to find a solution to the industry’s deteriorating position. On the eve of the European Industry Summit, they underline the importance of the recently drafted Antwerp Declaration. The CEOs are […]
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Finland – Borealis invests 4.5 million euro in the cracker furnaces of its olefins unit in Porvoo Finland. This investment ensures that the Porvoo steam cracker can increase the share of renewable and recycled raw materials used in its (ethylene and propylene) production. The investment program is expected to be completed in 2025. The Porvoo steam […]
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Hungary – Oil company MOL Group has installed a 10MW electrolyser at its Danube refinery in Száhalombatta, Hungary — the largest in Central and Eastern Europe to date — as its CEO vowed to produce green hydrogen at another two refineries. The green hydrogen plant in Százhalombatta, with a 10 megawatt electrolysis unit created by […]
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France – Engie takes a ‘Final investment decision’ on €110m Franco-German hydrogen pipeline project MosaHYc. With the mosaHYc project, Engie has reached the first milestone in its goal of building 700 km of hydrogen transport networks in Europe by 2030. MosaHYc is a cross-border project for the conversion of gas pipelines to transport hydrogen between […]
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Finland – The lengthy permitting process with unclear outcomes, leading to an unpredictable timeframe for receiving a final, unappealable permit, forces BASF to consider layoffs for an indefinite period, potentially impacting all employees at the Harjavalta site in Finland. The recent suspension of the immediate enforcement of the environmental permit by the Vaasa Administrative Court […]
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Sabic will start a turnaround at its Chemelot site at the end of this week. The Olefins 3 naphtha cracker and five other installations of the cracker complex will be taken out of operation during this. Sabic announces that it will not restart the cracker thereafter. This maintenance project involves an investment of several million […]
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