Biofuels
HP Industry Metrics: HP Metrics
At mid-year, the global demand for oil remains steady, and growth is forecast to average about 1.13 million bpd (MMbpd). Analysts are more optimistic for greater demand increases in 2015 at 1.21MMbpd,..
Elevance, Genting plan new Malaysia biorefinery
The collaboration aims to produce renewable, high-performance olefins and specialty chemicals that can be used in multiple end products, including lubricants, surfactants and detergents.
BioAmber wins grant on Canada succinic acid plant
The C$7 million in funding will be used to support the ongoing construction of the C$135 million ($125 million) bio-succinic acid plant that is under construction in Sarnia, Ontario.
Case history: Modernization of Russia’s refining industry—Part 1
Russian laws governing transportation fuels and crude oil have undergone many changes. These regulatory changes will involve the revamping of Russia’s refining industry. At present, this nation h..
Which margin levers impact Group I and Group II base stock competitiveness?—Part 2
This is the second in a two-part series assessing the struggle taking place between Group I and Group II/III for market control and price formation in the global base stocks industry. Part I provided ..
HP News
API releases three new standards to improve refinery safetyThe American Petroleum Institute (API) issued three new first-edition standards to enhance refinery safety and inspection programs:RP 583, Co..
Enerkem opens world’s first full-scale biorefinery from waste feedstocks
This facility, operated by Enerkem Alberta Biofuels, is among the world's first commercial facilities to be built for the production of renewable chemicals and advanced biofuels.
REG acquires US renewable diesel firm Syntroleum
The assets acquired from Syntroleum include 50% ownership in Dynamic Fuels, which owns a 75 million gal/year nameplate capacity renewable diesel biorefinery located in Geismar, Louisiana.
HP Industry Metrics
The total liquid supply growth by non-OPEC countries continues to rise and is estimated to reach 54 million bpd (MMbpd) in 2014. Increasing crude oil supplies from North America are contributing to sh..
New Mexico biofuels plant suffers fire, explosions
A series of small explosions were reported at the plant, which produces biodiesel for businesses and farmers in southern New Mexico. There was no immediate word of any injuries.
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- Valmet to deliver Valmet DNA DCS to a bio-based process plant in Portugal 7/2
- EIA: U.S. crude and gasoline inventories rise, distillates draw down 7/2
- Indonesia's Pertamina seeks spot gasoline, including Singapore cargoes 7/2
- Northeast Asia sends the most jet fuel to Europe in nearly a year in June 7/2
