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Multi-million investment to drive the de-fossilization of the chemical industry

Verbio flagship project in bio-based chemicals: groundbreaking for catalyst production in Hungary

01-Jul-2025 - XiMo, a wholly owned subsidiary of Verbio SE, held a groundbreaking ceremony to mark the start of construction of the new production facility for the large-scale industrial production of metathesis catalysts in Gödöllő, Hungary. Starting in summer 2026, innovative metathesis catalysts will be ...

investments bio-based chemicals catalysts

On stream: BASF starts up new world-scale plant for hexamethylenediamine in Chalampé, France

“This investment underlines BASF’s strong commitment to chemical production in Europe...”

16-Jun-2025 - BASF has announced the successful startup of its new world-scale hexamethylenediamine (HMD) plant in Chalampé, France, construction of which began in 2022. The plant increases BASF’s annual HMD production capacity to 260,000 metric tons. “This investment underlines BASF’s strong commitment to ...

investments adiponitrile hexamethylene diamine

Start-up wants to build the world's first stellarator-based fusion power plant in the 2030s

Proxima Fusion raises €130M Series A: “Fusion energy is entering a new era—moving from lab-based science to industrial-scale engineering”

16-Jun-2025 - Europe’s fastest-growing fusion startup unlocks funding to advance commercial fusion technology and secure energy resilience for the continent. Proxima Fusion, Europe’s fastest-growing fusion energy startup, announced the close of a €130 million ($150 million) Series A funding round—marking it ...

investments Energy plasma physics

Brenntag opens first CO2-emission-free chemical distribution site

A global milestone in the industry

05-Jun-2025 - Brenntag announced the inauguration of the first CO2-emission-free chemical distribution site globally. For this purpose, the site in Traun, Austria, has been comprehensively upgraded in terms of energy efficiency and a redesign of the entire energy system in recent months. The site is now ...

investments CO2 emissions energy consumption

BASF invests in new semiconductor-grade sulfuric acid plant in Ludwigshafen

New capacity meets growing demand for the manufacturing of chips in Europe

05-May-2025 - BASF will expand its production capacity for semiconductor-grade sulfuric acid (H2SO4), which is an essential ultra-pure chemical. The new production facility at its Ludwigshafen site in Germany will feature cutting-edge purity capabilities to serve growing demand for advanced semiconductor chip ...

investments semiconductor chips sulfuric acid

CHT Group focuses on sustainable growth

Investments at record level

16-Apr-2025 - Based on preliminary figures, the CHT Group, a global supplier of specialty chemicals based in Tübingen, demonstrated its resilience and strategic foresight in the 2024 financial year. Despite volatile global conditions, the company recorded sales growth to EUR 614.3 million (+2%) and a ...

investments fiscal year specialty chemicals

Siemens to establish global AI Manufacturing Technologies R&D Center for Battery Production in Canada

Investment of CAD$150 million (ca. €97 million) over five years

08-Apr-2025 - Siemens will invest CAD$150 million (ca. €97 million) over five years to establish a Global AI Manufacturing Technologies Research and Development (R&D) Center for Battery Production in Canada. The new R&D center, located initially at Siemens Canada’s head office in Oakville, as well as in ...

investments artificial intelligence batteries

ALTANA achieves double-digit growth in 2024 and invests heavily in the future

Sales increase by 16 percent to 3,169 million euros

25-Mar-2025 - The specialty chemicals group ALTANA achieved double-digit growth in the 2024 fiscal year while once again making significant investments in the future. The company increased its sales by 16 percent to 3,169 million euros (previous year: 2,742 million euros). One growth driver was heightened ...

investments specialty chemicals sustainability

OQ Chemicals to Launch Heptanoic Acid Production in Germany

Investment in Growth

24-Mar-2025 - The global chemical company OQChemicals is set to begin dedicated heptanoic acid production in Oberhausen, Germany, in June 2025. This investment in expanding its production capacity is part of the company's strategy to strengthen its carboxylic acid portfolio and enhance supply chain security ...

investments heptanoic acid

KNAUER invests and strengthens itself for international competition

The management of the Berlin-based manufacturer of high-tech laboratory instruments reports on current plans to ensure sustainable business success

21-Feb-2025 - KNAUER is investing millions in the expansion and conversion of the production building on Hegauer Weg in Berlin-Zehlendorf in 2025. A new logistics center is being built on the first floor to meet the increased production figures and requirements for speed and automation. Routes will be ...

investments chromatography systems fraction collectors