Construction
Plug signs contract with Allied Green Ammonia to supply H2 for planned ammonia facility in Australia
Plug Power Inc., a global leader in comprehensive hydrogen solutions for the green hydrogen (H2) economy, has signed a basic engineering and design package (BEDP) with Allied Green Ammonia (AGA), an Australian company focused on green ammonia production, for a three-gigawatt (GW) electrolyzer plant supplying H2 to AGA’s planned ammonia facility proposed for the Northern Territory of Australia.
HSBC to arrange funds for $1.49-B expansion project at Vietnam's Binh Son refinery
Binh Son Refining and Petrochemical has chosen HSBC Bank as the export credit agency for a project to expand its Dung Quat refinery.
MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary
MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary.
ExxonMobil completes annual maintenance at Joliet (U.S.) refinery
ExxonMobil has finished annual maintenance work at the 250,000-bpd Joliet refinery in Illinois and is in the process of restarting operations.
China's CNCEC to build 300,000-bpd Al-Faw refinery in Iraq
China's National Chemical Engineering Company (CNCEC) has inked a deal with the Southern Refineries Company to build a 300,000-bpd refinery in Al-Faw, Iraq.
Itochu to buy green ammonia from HIVE's $5.9-B Coega facility
A division of Hive Energy Ltd. announced that a consortium led by Japanese trading giant Itochu Corp. is on the verge of finalizing an agreement to purchase environmentally friendly ammonia from a project located in South Africa.
Verbio breaks ground to manufacture bio-based specialty chemicals
Verbio has begun construction of the world’s first large-scale ethenolysis plant using rapeseed oil methyl ester at its Bitterfeld, Germany location.
SunGas Renewables, C2X partner to expand green methanol production capacity in North America
SunGas Renewables Inc. and C2X LLC announced a strategic partnership with the aim to develop, own and operate multiple green methanol production facilities in North America to increase the supply of sustainable fuels and advance global decarbonization of hard to abate industries.
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.
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.
- 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
