Americas
Indorama Ventures almost triples its PET recycling capacity in Brazil
Indorama Ventures Public Company Limited, one of the world’s largest producers of recycled Polyethylene Terephthalate resin, announced the completion of the expansion of its recycling facility in Brazil, supported by a ‘Blue Loan’ from the International Finance Corporation, a member of the World Bank.
Evonik to supply catalyst for new Röhm MMA plant
Evonik has signed an agreement to scale up and produce custom catalyst for Röhm’s new methyl methacrylate production plant in Bay City, Texas, USA, which is due to be opened in 2024.
Phillips 66, ADM in talks on biofuels joint venture
U.S. oil refiner Phillips 66 and grain trader Archer-Daniels-Midland are discussing a biofuels joint venture with an aim toward producing lower-carbon jet fuel, three people familiar with the matter said.
TotalEnergies restating Port Arthur, Texas, reformer
TotalEnergies began restarting the reformer at its 238,000-bpd Port Arthur, Texas, refinery on Monday, people familiar with plant operations said.
Montauk Renewables, Inc. signs LoI with European Energy to provide CO2 for e-methanol production
Montauk Renewables, Inc. and its subsidiary, Montauk Energy Holdings, LLC, announced the Company signed a Letter of Intent with EE North America, LLC, a North American subsidiary of Denmark–based European Energy, to deliver all biogenic Carbon Dioxide volumes from all its Texas facilities sufficient for large scale production of e-fuels such as e-methanol.
U.S. manufacturing slowdown fails to rebuild diesel stocks
U.S. manufacturers reported another decline in activity in July 2023, but industrial electricity and especially diesel consumption have declined less than expected in recent months, explaining why prices remain relatively firm.
Exxon Baytown, Texas, refinery resumes normal operations
ExxonMobil's 564,440 bpd Baytown, Texas, refinery resumed normal operations, company spokesperson Lauren Kight said, following a malfunction on a unit that triggered the plant's safety flare.
Nutrien to pause potash ramp up, ammonia project on falling prices
Nutrien decided to indefinitely pause its ramp-up plans for potash production and halt work on its clean ammonia project at Geismar, Louisiana, as the world's biggest fertilizer producer grapples with falling prices.
Phillips 66 plans to run refineries at mid-90% of combined capacity in Q3
Independent U.S. refiner Phillips 66 plans to run its refineries in the mid-90% range of their combined crude oil throughput capacity of 1.9 million bpd in the third quarter of 2023, Chief Financial Officer Kevin Mitchell said.
Biden administration split over ethanol's role in aviation fuel subsidy program
The Biden administration is divided over whether to grant a request from the U.S. biofuel industry that would make it easier for sustainable aviation fuel made from corn-based ethanol to qualify for subsidies under the White House's signature climate law.
- Chiyoda, AVEVA forge strategic partnership to power plantOS with AVEVA CONNECT 6/27
- SABIC announces closure of Olefins 6 facility in Teesside, UK 6/27
- LyondellBasell's polyolefin technologies selected by SHCCIG Yulin for petrochemicals complex in China 6/27
- Damaged unit of Iran's South Pars refinery back operating 6/27
- hte conducts research for JGC to advance decarbonization by identifying suitable catalysts for ammonia cracking 6/26
- TES and CPC Finland to develop 500-MW e-NG project in Finland 6/26
