Europe
INEOS Inovyn launches next-generation recycling pilot plants to strengthen Europe’s PVC recycling
INEOS Inovyn launches two new PVC pilot plants at our Jemeppe-sur-Sambre site in Belgium, to accelerate technologies for recycling PVC which are not mechanically recyclable today.
How Europe reduced its greenhouse gas emissions in 2023
The European Union's greenhouse gas (GHG) emissions fell by 5% last year, continuing a trend of declining emissions in Europe.
MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary
MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary.
Nextchem completes acquisition of GasConTec, adding new low-carbon hydrogen/methanol to portfolio
Nextchem completed the acquisition of GasConTec, which will add new low-carbon hydrogen/methanol technologies to the company's portfolio.
Verbio breaks ground to manufacture bio-based specialty chemicals
Verbio has begun construction of the world’s first large-scale ethenolysis plant using rapeseed oil methyl ester at its Bitterfeld, Germany location.
FertigHy selects Northern France for first low-carbon fertilizer plant
FertigHy, a pan-European producer of low-carbon, nitrogen-based fertilizer for the agricultural sector, will build its first factory in the Hauts-de-France region in Northern France.
Ethylene downcycle puts nearly 25% of capacity at risk of closure
A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure according to new research by Wood Mackenzie.
Russia gained newer diesel trade partners in 2023
In 2023, Brazil and Saudi Arabia replaced France and Germany as the countries with the second- and third-most seaborne diesel imports from Russia after sanctions related to Russia’s petroleum product trade went into effect in February 2023.
Nextchem, Johnson Matthey partner in waste-to-methanol technology
NEXTCHEM’s MyRechemical will provide its proprietary Circular Methanol™ to its partner in Waste-to-Methanol technology -Johnson Matthey for the joint commercialization of the Circular Methanol™ technology package.
Diesel profit margins decline amid lower demand, more capacity
Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand, putting oil prices under further downward pressure.
- Iran's Revolutionary Guards say they targeted petrochemical facilities in the Gulf 4/6
- Petrobras delivers LPG sold at steep premiums despite Lula move to annul auction 4/3
- Plug Power to supply 275-MW GenEco electrolyzer system for Hy2gen’s Courant decarbonized ammonium nitrate project 4/3
- Vietnam refinery boosting jet fuel production 4/3
- China plans to upgrade some petrochemical plants, phase out others by 2029 4/3
- Morocco has diesel stocks for 51 days, energy ministry says 4/3
