http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://web2v10.hydrocarbonprocessing.com/news/2025/06/sabic-announces-closure-of-olefins-6-facility-in-teesside-uk/ SABIC will permanently close its Olefins 6 facility at the Wilton site. Operating since 1979, the plant has been a major part of the region’s chemical manufacturing landscape for decades. http://web2v10.hydrocarbonprocessing.com/news/2025/06/3t-introduces-landmark-training-to-empower-women-in-saudi-arabia-s-energy-sector/ 3t, a global leader in training and blended learning for high-hazard industries, has unveiled a pioneering initiative to empower women in Saudi Arabia’s energy sector. http://web2v10.hydrocarbonprocessing.com/news/2025/06/ineos-responds-to-uk-governments-industrial-strategy/ • STATEMENT: On the UK Government’s new industrial strategy and the future of British manufacturing http://web2v10.hydrocarbonprocessing.com/news/2025/06/italys-eni-eyes-new-unit-to-manage-oil-refineries/ Eni intends to set up a new company focused on several assets including oil refineries and fuels storage facilities in Italy http://web2v10.hydrocarbonprocessing.com/news/2025/06/ineos-to-cease-phenol-production-at-german-site-cites-high-european-energy-costs-and-co2-tax-policy/ INEOS Phenol, the world's largest producer of phenol and acetone, announced its intention to permanently stop production at their site in Gladbeck, Germany. Sky high European energy costs alongside Europe’s punitive CO2 tax policy have combined to leave Europe uncompetitive against imported Chinese production and a global oversupply. http://web2v10.hydrocarbonprocessing.com/news/2025/06/oci-global-receives-us-regulatory-approval-for-the-sale-of-its-global-methanol-business-to-methanex-corp/ Under the proposed Transaction, Methanex will acquire 100% of the equity interests in OCI Methanol, comprising 100% of OCI’s US and European methanol assets. The Transaction consideration will be paid through a combination of approximately USD $1.2 billion of cash (taking into account net indebtedness) subject to customary closing adjustments, and the issuance of 9.9 million common shares of Methanex. http://web2v10.hydrocarbonprocessing.com/magazine/2025/may-2025/trends-and-resources/hp-people/ ROSEN Group announces Andreas Opfermann as CEO http://web2v10.hydrocarbonprocessing.com/news/2025/05/upm-cancels-second-rotterdam-biomass-to-fuels-refinery/ UPM plans to discontinue the development of its potential second biomass-to-fuels refinery at the Port of Rotterdam. UPM plans to halt all engineering work related to the CAPEX investment and withdraw from all site-related commitments associated with the Rotterdam investment http://web2v10.hydrocarbonprocessing.com/news/2025/05/wood-selected-as-project-management-consultancy-for-first-major-methanol-plant-in-the-uae/ Wood has secured a contract from TA’ZIZ to provide project management consultancy (PMC) for the development of the UAE’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi. http://web2v10.hydrocarbonprocessing.com/news/2025/05/gulf-energy-information-s-lee-nichols-recognized-with-prestigious-g-d-crain-jr-award/ Lee Nichols, Vice President of Content for Gulf Energy Information of Houston, Texas (U.S.) and London, England has been named the 2025 winner of the prestigious G.D. Crain Jr. Award, the highest recognition for editorial in business-to-business media.