Economics
INEOS polymer used to create world’s first sustainable gas pipeline
INEOS produced bio-based high-density polyethylene has been used to create the world’s first fully sustainable gas pipeline. Installed by French gas utility network operator, GRDF, the pipeline only uses the low carbon footprint polymer.
Chevron Lummus Global awarded new licensing contract for HPCL's integrated hydrocracker and catalytic dewaxing unit
Chevron Lummus Global LLC announced the award of a new licensing contract by Hindustan Petroleum Corporation Limited for the development of a grassroots integrated hydrocracker and catalytic dewaxing unit and a full catalyst reload of their existing lube oil upgrading program at the Mumbai Refinery in India.
Tecnimont awarded a FEED contract for a green ammonia plant in Norway
MAIRE announces that Tecnimont has been awarded a FEED contract by Fortescue, a global green technology, energy and metals company, for a green ammonia plant to be located in the Nordgulen fjord in Norway.
Singapore's marine biofuel demand could double by 2025
Marine biofuel demand at the world's largest bunker hub Singapore could potentially double by 2025 to almost 1 MMt from 2023 levels as shippers seek to cut emissions.
Thailand orders traders to suspend diesel exports
Thailand has ordered traders to suspend diesel exports while Thai Oil Plc repairs its No. 3 crude distillation unit in Chonburi province.
Marine fuel sales fall at UAE's Fujairah in 2023, third largest bunker hub
Sales of marine fuel at the United Arab Emirates' Fujairah dropped by 7.1% in 2023, data showed, though the port retained its position as the world's third largest bunker hub.
Neste and partners wrap up E-Fuel research project, highlighting advancements in electrofuel development
Renewable hydrogen produced by green electricity and carbon capture and utilization play an important role in combating climate change.
Covestro and Encina reach an agreement for a long-term supply of circular raw materials
Covestro and Encina, a U.S.-based producer of ISCC PLUS certified circular chemicals, reached a long-term supply agreement for chemically recycled, circular feedstock derived from post-consumer end-of-life plastic.
Save the Date for YNOW2024: A Yokogawa Users Conference, October 28-30, 2024, Houston, Texas
Yokogawa Corporation of America and KBC announce YNOW2024, an in-person event taking place October 28-30, 2024, at the Hilton Americas-Houston in Downtown Houston, Texas.
LYB enters into agreement to acquire 35% of Saudi Arabia-based NATPET; expands core PP business
LyondellBasell announced it entered into an agreement to acquire a 35% interest in Saudi Arabia–based National Petrochemical Industrial Company from Alujain Corporation for approximately $500 MM.

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