http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://hydrocarbonprocessing.com/news/2024/05/hif-global-selects-johnson-matthey-s-methanol-technology-for-the-largest-e-methanol-plant-in-south-america/ Johnson Matthey has been selected by HIF Global as the methanol licensor for HIF Global’s $4-B Paysandú eFuels project in Uruguay, the largest e-methanol plant in South America. http://hydrocarbonprocessing.com/news/2024/05/hif-global-secures-nearly-165-mm-in-investments-to-develop-efuels/ HIF Global announced a combined investment from existing shareholders and the Japanese energy company Idemitsu Kosan, securing $164 MM to fund its eFuels projects. http://hydrocarbonprocessing.com/news/2024/05/ethylene-downcycle-puts-nearly-25-of-capacity-at-risk-of-closure/ A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure according to new research by Wood Mackenzie. http://hydrocarbonprocessing.com/news/2024/05/heavy-oil-shortages-are-driving-up-refiners-cost/ Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to industries ranging from shipping and construction to Middle Eastern power plants. http://hydrocarbonprocessing.com/news/2024/05/adnoc-terminates-talks-to-buy-stake-in-brazils-braskem/ Brazilian petrochemical producer Braskem said that Abu Dhabi oil company ADNOC has decided to terminate talks to buy a stake held by conglomerate Novonor in the firm. http://hydrocarbonprocessing.com/news/2024/05/uaes-mubadala-capital-plans-135-b-biofuels-investment-in-brazil/ Mubadala Capital, a subsidiary of Abu Dhabi's Mubadala Investment Company, is planning a $13.5-B investment in Brazil's biofuels sector over the next decade. http://hydrocarbonprocessing.com/magazine/2024/april-2024/trends-and-resources/global-project-data/ Gulf Energy Information’s Global Energy Infrastructure (GEI) database is tracking more than 1,200 active projects in the hydrocarbon processing industry. http://hydrocarbonprocessing.com/news/2024/04/brazils-timbro-to-export-40-more-sugar-enter-ethanol-market-in-2024/ Brazilian international trade platform Timbro expects to increase its sugar exports by more than 40% in 2024 to 2 MMt, while also expanding operations to enter the ethanol market. http://hydrocarbonprocessing.com/news/2024/04/turkey-brazil-remain-main-importers-of-russian-seaborne-diesel/ Turkey and Brazil remain the main importers of Russian seaborne diesel and gasoil since the European Union sanctions banned the import of Russian refined products. http://hydrocarbonprocessing.com/news/2024/04/petroperu-announces-stoppage-at-unit-at-talara-refinery/ Peru's state oil firm Petroperu announced the stoppage of a key unit at its recently modernized Talara refinery through the end of June, due to power supply failures and operational problems which had been ongoing since early February.