Economics
Dow introduces new polyolefin elastomer-based leather alternative for the automotive market
Dow has formulated a breakthrough option of polyolefin elastomers based artificial leather - a solution to address the automotive industry’s need to shift towards increasingly animal-free product alternatives to leather.
Vietnam's largest refinery to boost operating capacity by 15%-20%
Vietnam's largest refinery Nghi Son said it will boost its operating capacity by 15% to 20% in order to ensure stable supplies.
Sinopec, Total to build 230,000 ton SAF plant
The companies will jointly build and operate a SAF unit at one of Sinopec's refineries in China, with an annual production capacity of 230,000 mtpy.
Russian oil refining capacity idled by drones reaches 14% of total
Russia's oil refining capacity that was shut down by drone attacks has reached 14% of total.
Petroperú selects Honeywell cybersecurity solutions to bolster cyber resiliency
Honeywell announced that Petróleos del Perú S.A., one of the largest hydrocarbon producers, refiners and distributors in Peru, will implement Honeywell cybersecurity solutions in order to help Petroperú strengthen the cyber resiliency of its refinery operations and accelerate its broader digital transformation.
ABB and Cap Clean Energy collaborate to help SAF production take off
ABB has signed an agreement with Cap Clean Energy to collaborate on SAF production sites in the Canadian provinces of Manitoba, Saskatchewan and Alberta.
Cathay Pacific elevates decarbonizing aviation with new SAF target
Cathay has further demonstrated its unwavering dedication to decarbonizing the aviation industry, setting a new target to improve its carbon intensity by 12% from the 2019 level by 2030 using SAF.
JERA, ExxonMobil to explore development of hydrogen and ammonia production project in U.S.
JERA, Japan's top power generator, said it has agreed with ExxonMobil to jointly explore the development of a U.S.-based low-carbon hydrogen and ammonia production project.
U.S. Department of Energy invests $200 MM in Technip Energies and LanzaTech for decarbonized ethylene facility
Technip Energies and LanzaTech are negotiating $200 MM in funding to develop technology for sustainable ethylene production, cutting emissions and creating jobs.
ExxonMobil's Karen McKee named 2024 Petrochemical Heritage Award recipient
The American Fuel & Petrochemical Manufacturers announced ExxonMobil’s Karen McKee—president of ExxonMobil Product Solutions Company—as the 2024 Petrochemical Heritage Award recipient for her outstanding contributions to the petrochemical community.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26
