Americas
Honeywell and Granbio to produce carbon neutral SAF
Honeywell and GranBio Technologies announced that they will combine Honeywell’s ethanol to jet technology with GranBio’s cellulosic ethanol AVAP technology to produce carbon neutral SAF from biomass residues at GranBio’s forthcoming U.S. demonstration plant.
Sinopec NZRCC selects Lummus' polypropylene technology for large-scale plant in China
Lummus Technology announced a contract from Sinopec Ningbo Zhenhai Refining & Chemical Co. Ltd. to license Lummus' Novolen technology for a new 500 ktpa polypropylene plant in Ningbo, China.
Global diesel prices soften as inventories edge upward
Global distillate fuel oil inventories remain much lower than normal for the time of year but there are signs they are no longer falling which has eased some of the upward pressure on prices.
Mexico's Pemex expects to boost refining to 1.16 M bpd this year
Mexican state-owned oil company Pemex expects to process 1.16 million barrels of crude oil per day by the end of 2023, a goal which would represent significant growth from current refining levels.
Borealis and TotalEnergies start-up Baystar JV polyethylene unit
Borealis and TotalEnergies celebrate the start-up of their Baystar joint venture’s new 625,000 metric ton-per-year Borstar polyethylene unit, which more than doubles the current production capacity at Baystar’s site in Pasadena, Texas.
Russia resumes seaborne diesel exports after partially lifting ban
Russia, the world's top seaborne exporter of diesel just ahead of the United States, resumed exports of the fuel on after it lifted its ban on most fuel exports following a decline in domestic wholesale prices.
Las Vegas (U.S.) airports to offer SAF for flights from NBAA’s 2023 convention
Aircraft flying into Las Vegas’ three airports for the 2023 National Business Aviation Association - Business Aviation Convention & Exhibition will have an opportunity to fuel up with SAF, an innovation central to the industry’s goal of achieving net-zero carbon emissions in the years to come.
World Energy and Microsoft join forces to drive aviation decarbonization through ten-year contract for SAFc
World Energy, the SAF producer and low-carbon solutions provider, announced a long-term agreement with Microsoft to accelerate the decarbonization of corporate air travel and its supply chain cargo through the purchase of SAFc.
Masdar and Boeing join forces to accelerate the SAF industry in the UAE and globally
Masdar is teaming up with aerospace company Boeing to propel the SAF industry in the UAE and globally with the partnership aiming to further support the commercial aviation industry’s goal of achieving net-zero emissions by 2050.
U.S. manufacturing rebound will stretch diesel supplies
U.S. manufacturers reported business activity declined for the 11th month running in September, but the cycle appeared to be close to its trough and poised to return to growth in the next few months.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
