Petrochemicals
Indian refiner MRPL to phase out exports as it adds retail outlets
India's Mangalore Refinery and Petrochemicals Ltd plans to phase out fuel exports in the next two to three years as it expands its local retail network to diversify its sources of revenue, its managing director said.
Brazil's Petrobras does not intend to sell Braskem stake
Brazilian state-run oil company Petrobras is not planning to sell its 36% stake in petrochemical firm Braskem.
ASTM decision brings 100% SAF certification within reach
Swedish Biofuels AB announced that the ASTM International Committee has accepted the use of C2 to C5 alcohols as feedstock for the alcohol-to-jet pathway as well as a new specification for fully formulated aviation fuel with aromatics.
Hyundai Engineering & Construction awarded contract for petchem expansion at the SATORP Refinery in Saudi Arabia
Hyundai Engineering & Construction Co., Ltd. has been awarded contracts for two EPC packages related to a petrochemical expansion at the SATORP refinery in Jubail, Saudi Arabia.
Indorama Ventures almost triples its PET recycling capacity in Brazil
Indorama Ventures Public Company Limited, one of the world’s largest producers of recycled Polyethylene Terephthalate resin, announced the completion of the expansion of its recycling facility in Brazil, supported by a ‘Blue Loan’ from the International Finance Corporation, a member of the World Bank.
Borouge & Borealis unveil auto products made of 70% recycled materials
Borouge PLC and Borealis announced the launch of two new sustainable polymer products for the automotive industry.
Indonesia's H1 biodiesel consumption at 5.41 MM KL
Indonesia’s consumption of palm oil-based biodiesel for the first six months of this year was 5.41 million kiloliters, data from palm oil fund agency BPDPKS showed.
Montauk Renewables, Inc. signs LoI with European Energy to provide CO2 for e-methanol production
Montauk Renewables, Inc. and its subsidiary, Montauk Energy Holdings, LLC, announced the Company signed a Letter of Intent with EE North America, LLC, a North American subsidiary of Denmark–based European Energy, to deliver all biogenic Carbon Dioxide volumes from all its Texas facilities sufficient for large scale production of e-fuels such as e-methanol.
Nutrien to pause potash ramp up, ammonia project on falling prices
Nutrien decided to indefinitely pause its ramp-up plans for potash production and halt work on its clean ammonia project at Geismar, Louisiana, as the world's biggest fertilizer producer grapples with falling prices.
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.
- YPF, Eni and XRG sign joint development agreement advancing 12-MMtpy Argentina LNG project 2/12
- Maire launches new technology to produce PTMEG, the key polymer composing the spandex fiber. 2/12
- Verde Clean Fuels announces suspension of development of Permian Basin gas-to-gasoline project 2/12
- Russia to send crude oil and fuel to Cuba soon, Izvestia reports 2/12
- Vietnam's largest refinery to operate at 120%–125% of designed capacity in Q1 2/12
- Marathon shuts oil refinery in Kentucky (U.S.) due to power interruption 2/12
