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World Energy and Boston Consulting Group sign agreement on SAF certificates

Boston Consulting Group today announced it has signed an agreement for the purchase of sustainable aviation fuel certificates with World Energy, the sustainable aviation fuel (SAF) producer and low-carbon solutions provider.

BASF invests in capacity expansion of Basoflux® range of paraffin inhibitors in Spain

BASF plans to expand the global production capacity of its Basoflux® range of paraffin inhibitors at its site in Tarragona, Spain.

Shell in talks to sell Malaysia fuel stations to Saudi Aramco

Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, a deal that could be worth up to $1 B.

Shell to exit South Africa's downstream businesses

Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions.

Iraq increases domestic refining capacity by 360,000 bpd within the past year

Iraq's Minister of Oil announced that Iraq's domestic refining capacity increased by 360,000 bpd within the last year, moving closer to achieving the country's goal of self-sufficiency in domestic fuels production.

Liquid Wind's second eFuel facility granted environmental permit

FlagshipTWO, Sweden's second large-scale production facility of green electrofuel (eMethanol), has received the environmental permit for its planned operations in Sundsvall, Sweden.

BASF and IPP jointly market the sale/relocation of three plants from Verbund site in Germany

BASF and International Process Plants will jointly market the sale and relocation of three plants-ammonia, methanol and melamine-from BASF’s Verbund site in Ludwigshafen, Germany.

Clariant introduces new solutions to reduce the environmental impact of plastics

Clariant is launching AddWorks PPA, a perfluoralkyl substances-free polymer processing aid product line, and AddWorks PKG 158, a highly efficient antioxidant solution with outstanding color protection, especially designed for polyolefins containing recycled material

Borouge increases Q1 net profit nearly 40% to $273 MM

Borouge saw its Q1 net profits increase 37% to $273 MM. Total revenue for the quarter topped $1.3 B.

NEXTCHEM finalizes acquisitions of HyDEP and Dragoni to boost green H2 production tech

NEXTCHEM will combine its technological know-how with HyDEP and Dragoni Group’s competences in electrochemistry to develop and implement its proprietary solutions for green hydrogen production.