Economics
INEOS and SINOPEC complete major petrochemicals deal in China
INEOS has completed the formation of a 50/50 joint venture with SINOPEC for the Tianjin Nangang Ethylene Project, announced in December 2022, which is currently under construction by SINOPEC and expected to be on-stream by April 2024.
Axens will provide Vegan Technology to Haike Chemicals for its SAF project in China
Shandong Haike Chemical Co. Ltd, a Chinese refining and petrochemical company, has selected Axens’ Vegan technology to produce low carbon, cost competitive sustainable aviation fuel by retrofitting its existing assets.
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.
Flag carrier Garuda Indonesia tests palm oil-blended jet fuel
Flag carrier Garuda Indonesia said it is testing jet fuel mixed with palm oil in the engines of one of its Boeing aircraft, amid efforts to cut emissions in the aviation sector.
Russia's seaborne diesel exports rise in July
Russia's seaborne diesel and gasoil exports in July rose by 5% from a month earlier to about 3.8 million metric tons as seasonal refineries maintenance slowed down.
Re-refining Plant by Sequoia operational in Galicia Spain
Intacta, PMA and Sequoia are pleased to announce successful startup of a vacuum distillation plant in Galicia, Spain. The plant is capable of processing fifty metric tons per day of waste lubricating oil and waste fuels.
BASF increases production capacity for medium-molecular weight polyisobutenes in Ludwigshafen, Germany
BASF will increase the production capacity for its medium-molecular weight polyisobutenes, marketed under the tradename OPPANOL B, at its site in Ludwigshafen, Germany, by 25%.
Technip Energies and Enerkem join forces on biofuels and circular chemicals technology deployment
Technip Energies and Enerkem Inc. have signed a memorandum of understanding to enter into a Collaboration Agreement aimed at accelerating the deployment of Enerkem’s technology platform for biofuels and circular chemical products from non-recyclable waste materials.
The importance of operational readiness
Over the last 20 yr–30 yr, manufacturing facilities and project teams have spent significant time and money developing tools to navigate the issues of designing, procuring and building projects.
Lufthansa Group and HCS Group sign Letter of Intent on the production and supply of sustainable aviation fuel ‘Made in Germany’
The Lufthansa Group and the HCS Group have signed a Letter of Intent to partner on the production and supply of sustainable aviation fuel.
- UPM unlocks new bio-based markets as Leuna biorefinery produces its first commercial product 12/19
- Stamicarbon awarded technology licensing contract for new urea plant in Eastern China 12/19
- Ford takes $19.5-B writedown on EV business 12/19
- Babcock & Wilcox awarded $40-MM contract for advanced wet gas scrubbing technology at Canadian petroleum refinery 12/19
- Aarti Industries secures methanol and toluene feedstock supply through multiple long-term contracts 12/19
- bp picks first outsider CEO Meg O'Neill after abrupt Auchincloss exit 12/19
