Petrochemicals
BASF and INOCAS sign agreement to develop sustainable Macaúba oil supply in Brazil to produce bio-naphtha
BASF and INOCAS sign offtake agreement for Macaúba kernel oil and Macaúba pulp oil to further expand BASF’s renewable-based portfolio.
bp extends GFA with ABB as supplier of automation across upstream/downstream assets
ABB has extended its relationship with bp through signing a five-year Global Frame Agreement to supply automation, electrical and telecommunications equipment across bp’s upstream and downstream assets and facilities.
BASF starts up its expanded ammonium chloride plant in Ludwigshafen
BASF has expanded the production of ammonium chloride at its Ludwigshafen, Germany site, increasing capacity by 50% and improving product quality.
Gentari to supply large-scale, carbon-free energy to AMG Ammonia's new green ammonia facility
Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia's upcoming green ammonia facilities, under a long-term Power Purchase Agreement.
Russian petrochemicals giant Sibur plans IPO in coming months
Russian petrochemicals giant Sibur plans to list about 2% of its shares in an initial public offering on Russia's Eastern Exchange in the coming months. Russian listings have been thin on the ground since the exodus of Western capital after Moscow sent troops into Ukraine in February 2022, but a handful of small capital raises dominated by local retail investors has breathed some life into moribund equity capital markets.
Asahi Kasei technology licensee begins production of high-purity carbonates using CO2
Jiangsu Sailboat Petrochemical (Sailboat) has begun commercial operation of a new carbonates plant in Lianyungang, Jiangsu Province, China.
Ebara Elliott Energy awarded key contracts for SATORP’S AMIRAL petrochemical complex
Ebara Elliott Energy (EEE) has been selected to supply advanced equipment for SATORP’s Strategic Expansion (AMIRAL) petrochemical complex, located in Jubail on Saudi Arabia’s eastern coast.
Obrist Group: Methanol is the ideal fossil fuel replacement for key industries
Methanol is the ideal replacement for fossil fuels in numerous key industries. This conclusion was reached by the engineering and consulting firm ILF Consulting Engineers, the patent and law firm ETL-IP, and the auditing company BDO in a joint due diligence of the German-Austrian industrial group Obrist Group.
Topsoe to provide technology for 40,000-tpy e-Methanol project in Galicia, Spain
Topsoe to provide e-Methanol synthesis technology and engineering support for the 40,000-tpy e-Methanol Forestal del Atlántico’s Triskelion project in Galicia, Spain.
SwitcH2, CorPower Ocean partner on wave-powered green ammonia
SwitcH2 is partnering with CorPower Ocean to deliver a unique industrial scale floating green ammonia production facility partially powered by wave energy. SwitcH2’s NH3-FPSO unit involves the use of a new built vessel, nearly the size of a VLCC (Very Large Crude Carrier), to support a 300-MW electrolysis plant on deck. The final output is green ammonia
- 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
- Russia and India sign deal to build urea plant in Russia 12/5
- U.S. liquid fuels groups announce progress on E15, small refinery exemption reform 12/5
- Million Air and Avfuel bring SAF to Austin, Texas (U.S.) 12/5
- Chinese refiners buy oil from storage, raise output with fresh import quota 12/5
