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Europe

Cepsa becomes Moeve

Cepsa has announced its name change to Moeve, marking a historic milestone in the company’s transformation.

Consortium introduces world's first pharmaceutical bottle partially made with wood-based plastics

UPM Biochemicals, Selenis and Bormioli Pharma have partnered to produce the world’s first pharmaceutical bottles made from partially wood-based polyethylene terephthalate (PET).

TotalEnergies studies Moroccan project to export green ammonia to Europe

TotalEnergies will study plans for a renewable energy project to produce hydrogen and ammonia in Morocco for delivery to Europe, which is seeking to increase use of the fuels as part of its energy transition.

BASF invests in increasing production capacity of Neopor® at Ludwigshafen site

BASF is strengthening its styrene value chain at its Ludwigshafen site by expanding the production capacity of Neopor® by 50,000 tpy. This increase is aimed at meeting the growing market demand for the grey insulation material. The start-up of the new production facilities is scheduled for early 2027.

Vopak Energy Park Antwerp starts market consultation for ammonia storage

Vopak is launching a market consultation for the storage of ammonia at its Vopak Energy Park Antwerp site in Belgium. The market consultation aims to gauge market interest and to gather detailed insight into customer demand. Vopak Energy Park Antwerp intends to finish the currently ongoing pre-FEED study by the end of 2024. Subject to market interest and a positive FID the start of operations is currently foreseen in 2029.  

Neste to re-evaluate its renewable H2 plan and withdraw from investing into a 120-MW electrolyzer at the Porvoo refinery

Neste has decided to withdraw from investing into a 120-MW electrolyzer project to produce renewable hydrogen (H2) at its Porvoo refinery in Finland.

KKR to take 25% stake in Eni biofuel unit, valuing it at $13 B

U.S. fund KKR is buying a 25% stake in Italian energy group Eni's biofuel business Enilive, in a deal that values the unit at €11.75 B ($12.7 B) including debt.

Axens, IFPEN and JEPLAN launch commercial licensing of the Rewind® PET process

The project partners launched the commercialization (licensing) of the Rewind® PET process, enabling the further acceleration of the energy transition and the circular economy of plastics. Axens teams will now be able to market a complete Rewind® PET license package to their customers all over the world.

ProSep to deliver its Multiphase Adjustable Xtreme test units to Polish refiner

For the contract, ProSep will deliver one of its Multiphase Adjustable Xtreme (MAX+) Mixer's test units to a refinery in central Poland. 

BGEN signs five-year contract with INEOS O&P UK

BGEN has announced that it has signed a five-year contract with the petrochemical manufacturer INEOS O&P UK. BGEN will provide a range of services to help INEOS optimize plant efficiency at its site in Grangemouth, Stirlingshire.