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AstraZeneca is investing about £330 million ($515.6 million) in its new building, which will host a global R&D center.

European refineries are losing ground to their counterparts across the Atlantic, where the U.S. refining sector is flourishing thanks to its access to cheap and abundant feedstock produced from unconventional oil.

Hydraulic fracturing has once again become an issue of heated debate in France, as political parties, industries and the public have all shared different opinions about using the technique to drill for shale gas and oil.

Shortly after it announced what is considered to be the biggest oil discovery in the North Sea for decades, Statoil said it had made a new discovery in the area, this time in the Grane field.

Celanese Corp. intends to sell its acetic anhydride facility in Roussillon, France, and its vinyl acetate monomer (VAM) production unit in Tarragona, Spain.

Total has approved a €1 billion modernization project for its Antwerp production facilities, the company’s largest European refining and petrochemical platform. Total says the decision is in line with the Group’s strategy of focusing its investment on its large integrated platforms to position them among the most competitive of the industry.

Although the ongoing economic turmoil in Europe means that market participants are in for a bumpy ride, the processed food industry is set to bail out the European pumps market for the food and beverage industry over the short-term.

An innovative self-heating package specifically designed for semi-liquid food like baby formula has been developed by Dutch company Aestech.

The outbreak started in Denmark and spread to Finland, Norway and Sweden. At least 71 people have been affected so far.

The contract, awarded by environmental management specialists Ekokem, covers all building automation, process control, and safety systems for a new bubble fluidized-bed (BFB) boiler site.