Alfred Stern will join Irving Oil on October 1, 2026, and assume the President & CEO role effective November 1, 2026. He most recently served as Chairman of the Executive Board and CEO of OMV AG, one of Europe’s largest integrated energy, fuels and chemicals companies with over 20,000 employees.
The three plants are Europe’s last remaining world-scale Acetyls units, producing a raw material used across a wide range of the continent’s critical industries, including pharmaceuticals, clothing, cosmetics, detergents, construction materials and military explosives.
Arkema S.A. announced that its site in Jarrie, Isère, France has reached a new milestone in its reorganization with the commissioning of a hydrogen production unit based on Steam Methane Reforming (SMR) technology. Jarrie’s site plays a central role within this network, as it is the Group’s largest hydrogen peroxide production facility.
US chemicals group Dow is considering an exit from its joint venture with Saudi Arabian oil company Aramco, according to sources cited by Bloomberg. The partnership, Sadara Chemical, is valued at USD 20 billion (approximately EUR 17.2 billion). Dow currently holds a 35 % stake in the venture, with Aramco holding the remainder.
INEOS Energy-led Greensand has begun commercial operations at what the project partners describe as the EU’s first full-scale facility for permanent carbon dioxide (CO₂) storage. His Majesty King Frederik X of Denmark opened the site at a ceremony at the Port of Esbjerg.
