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Europe's chemical industry seeks a lifeboat to stay in business

Europe's petrochemical industry is unravelling under a wave of plant closures after years of losses and a rapid expansion of global capacity led by China.

India's Numaligarh Refinery extends key green hydrogen tender date amid Assam policy uncertainty

India's Numaligarh Refinery Ltd (NRL) has extended the deadline for submitting bids for its green hydrogen project in Assam by two weeks, according to a tender document, as uncertainty looms over the state's flagship clean energy policy.

Indian Oil to upgrade Panipat refinery's diesel unit for green jet fuel production

Indian Oil Corp plans to shut the diesel desulfurizer unit at its 300,000-bpd Panipat refinery for an upgrade aimed at producing sustainable aviation fuel (SAF) next year, Arvind Kumar, its head of refineries, said.

Nayara to use Univation Technologies' PE process for world-scale plant in India

Univation Technologies, LLC announced that Nayara Energy Ltd. has selected Univation's UNIPOL™ PE Process Technology for a world-scale production line in Vadinar, Gujarat, India.

EU to set up Critical Chemical Alliance to secure supply chains

The European Commission will work with EU member states and the chemicals sector to support production of chemicals identified as critical for Europe's industrial supply chains, the EU executive said.

Refinery closures may lead to higher gasoline prices on the U.S. West Coast

California is set to lose 17% of its oil refinery capacity over the next 12 months because of two planned refinery closures. If realized, the closure of the facilities is likely to contribute to increases in fuel price volatility on the U.S. West Coast.

INNIO Group, Gföllner Group establish JV, offering power solutions to the U.S. market

INNIO Group and Gföllner Group have established a joint venture in the U.S., IGPS (INNIO Gfoellner Power Systems LLC). The joint venture aims to meet the rapidly rising demand for decentralized, flexible, and quickly deployable energy solutions.

Brazil's Petrobras to invest $4.8 B in integration between Reduc refinery and Boaventura complex

Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.8 billion) in an integration between the Reduc refinery and the Boaventura energy complex in Rio de Janeiro state.

Braskem completes first sale of circular polyethylene in South America

Braskem has completed the sale of circular polyethylene (PE), produced through chemical recycling, to the Copobras Group.

Brazil's energy minister hints at possible fuel price cuts

Brazil's Mines and Energy Minister Alexandre Silveira suggested that gasoline and diesel prices could soon be lowered in the country, where state-run oil giant Petrobras controls most of the refining capacity.