Europe
Airlines in line for green fuel funding boost under EU climate law
Airlines could be in line for €2 B in European Union funding to help them switch to sustainable fuels, under reforms to strengthen Europe's climate change policies.
Neste and Q8 collaborate to make Neste MY Renewable Diesel available in the Danish market
Thanks to a strategic cooperation between Q8 and Neste, the heavy transport sector operators can buy Neste MY Renewable Diesel, at nine Q8 stations in Denmark from 17 April 2023 onwards.
Apical’s joint venture with Cepsa to build the largest 2G biofuels plant in southern Europe
Apical has established a joint venture with Cepsa to produce second generation biofuels by constructing the largest plant in southern Europe.
Technip Energies awarded a contract for Juhua’s Greenfield Chemical Complex in China
Technip Energies has been awarded a contract by Ningbo Juhua Chemical & Science Co., Ltd. for a 1,3-propanediol plant with a capacity of 72 kta and a 150 kta polytrimethylene terephthalate plant in Ningbo, Zhejiang, China.
Oil products shipments disrupted at two TotalEnergies refineries
Oil products shipments from TotalEnergies' Donges and La Mede refineries were disrupted on Thursday with 20% of operational staff having joined strike action over the government's pension reforms.
European diesel refining margins at lowest since Russia's invasion
Benchmark Northwest European diesel refining margins dropped to $17.70 a barrel on Wednesday, their lowest since Feb. 25, 2022, a day after Russia launched its invasion of Ukraine.
Ryanair to power all of their flights from Amsterdam with a 40% blend of Neste MY SAF
Neste and Ryanair have expanded their collaboration to enable Ryanair to power its full schedule of flights from Amsterdam Airport Schiphol with a 40% blend of Neste MY Sustainable Aviation Fuel.
Maire Tecnimont completes the acquisition of the majority stake of Conser, expanding its technology portfolio in bio-degradable plastics
Maire Tecnimont S.p.A. announces that, through its subsidiary NextChem Holding S.p.A., it has finalized the acquisition of an 83.5% stake of Conser, a technology licensor and process engineering design company based in Rome, Italy.
BASF gains ISCC PLUS certification to expand its VALERAS offerings for plastic additives
BASF announced that it has received the International Sustainability and Carbon Certification PLUS for certain grades of plastic additives produced at its manufacturing sites in Switzerland and United States.
Axens has acquired stakes in the BioTJet project for the production of SAF in France
Axens has acquired stakes in the BioTJet project, the aim of which is to build and operate the largest European SAF production unit relying on the BioTfueL technology
- 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
