Economics
Clariant's MegaZonE catalyst delivers strong results in Chinese methanol plant
Clariant announced that its MegaZonE technology is delivering excellent performance in the 600,000-tpy methanol plant of CNOOC’s China Blue Chemical Ltd.
Oil drops as investors look past Biden exit, focus on weak fundamentals
Oil prices fell for a second consecutive session on Monday to their lowest level in over a month, as investors looked past U.S. President Joe Biden's decision to end his reelection bid and focused on rising stockpiles and signs of weak demand.
Russia: Tuapse oil refinery is still operating after Ukrainian drone strike
Russia's Tuapse oil refinery is still operating, Russian Deputy Prime Minister Alexander Novak said on Tuesday, a day after local authorities reported that the refinery had been damaged in a Ukrainian drone attack.
Stamicarbon awarded energy efficiency contract for urea plant in China
NEXTCHEM’s subsidiary Stamicarbon will upgrade an existing 3,100-tpd urea plant to reduce energy consumption by up to 20%, thanks to its proprietary Advanced MP Flash Design technology.
EU to set tariffs on Chinese biodiesel in anti-dumping probe
The European Union (EU) is set to impose provisional duties on Chinese biodiesel after finding it is being sold in EU markets at unfairly low prices, in the latest in a string of trade cases against China.
India's Reliance misses profit estimates on weak fuel sales margins
Reliance Industries, India's most valuable company, reported 1Q profit below analysts' estimates on Friday, hurt by lower margins on fuel sales.
Argentine biofuels chamber calls new U.S. biodiesel duties illegal
The U.S. Commerce Department slapped anti-dumping duties of between 60.44% to 276.65% on biodiesel from Argentina and Indonesia, on top of already steep anti-subsidy duties. The Argentine Chamber of Biofuels said that increased U.S. duties on Argentine biodiesel were "arbitrary and illegal" and would shut Argentina out of the market in the U.S.
Sinochem shuts Shandong refineries 'indefinitely' on poor margins
State-run Sinochem Group has shut in two of its three east China oil refineries for an indefinite period of maintenance, as high crude oil costs and weak fuel demand hurt margins.
Japanese refiners urge early orders from airlines amid jet fuel shortage
The head of the Japanese petroleum industry has called for international airlines to provide flight schedules and jet fuel demand forecasts a year in advance as a solution to a jet fuel shortage at Japanese airports.
Trelleborg partners with Airbus on hydrogen-powered air travel
Trelleborg Sealing Solutions has partnered with Airbus for hydrogen sealing applications, supporting the mission to deliver a hydrogen-powered commercial aircraft by 2035.
- 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
