http://www.hydrocarbonprocessing.com Hydrocarbon Processing Shell completes Singapore refinery sale to Chandra Asri-Glencore JV http://admin.hydrocarbonprocessing.com/news/2025/04/shell-completes-singapore-refinery-sale-to-chandra-asri-glencore-jv/ Shell has completed the sale of its Singapore refinery and refining assets to a Chandra Asri-Glencore JV, and trade sources said the new owners had already started purchasing feedstock. Japan's Maruzen Petrochemical to shut ethylene unit in Chiba http://admin.hydrocarbonprocessing.com/news/2025/04/japans-maruzen-petrochemical-to-shut-ethylene-unit-in-chiba/ Japan's Maruzen Petrochemical, a unit of Cosmo Energy Holdings, will shut its ethylene unit in Chiba in the 2026/27 financial year and consolidate production at Keiyo Ethylene, its joint venture with Sumitomo Chemical, the companies said. Varo buys Swedish refiner Preem in bet on biofuels http://admin.hydrocarbonprocessing.com/news/2025/03/varo-buys-swedish-refiner-preem-in-bet-on-biofuels/ Varo Energy, backed by private equity giant Carlyle Group and the world's biggest trading house Vitol, said it had agreed to buy Swedish refiner Preem, betting on growing demand for biofuels. INEOS Enterprises completes the sale of INEOS Composites to KPS Capital Partners for €1.7 B http://admin.hydrocarbonprocessing.com/news/2025/03/ineos-enterprises-completes-the-sale-of-ineos-composites-to-kps-capital-partners-for-17-b/ INEOS Enterprises has completed the sale of its composites business to KPS Capital Partners for approximately €1.7 B. The composites business is a global leader in producing resins and gelcoats that are used to make strong, lightweight composite plastics found in everything from cars and boats to buildings and electronics. HP People http://admin.hydrocarbonprocessing.com/magazine/2025/march-2025/trends-and-resources/hp-people/ Kurita America names Todd Emslander as successor to retiring CEO Greg Becker Phillips 66 Independent Board Director pens letter to shareholders regarding dispute with Elliott Investment Management http://admin.hydrocarbonprocessing.com/news/2025/03/phillips-66-independent-board-director-pens-letter-to-shareholders-regarding-dispute-with-elliott-investment-management/ Phillips 66's Independent Board Director Bob Pease has written a letter to the company's shareholders regarding the dispute with Elliott Investment Management. Shell unveils market strategy during Capital Markets Day http://admin.hydrocarbonprocessing.com/news/2025/03/shell-unveils-market-strategy-during-capital-markets-day/ During Shell’s Capital Markets Day 2025, it unveiled the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification. HP People http://admin.hydrocarbonprocessing.com/magazine/2025/february-2025/trends-and-resources/hp-people/ Pilot Chemical Co. names Graeme Biggin as VP of Growth and Innovation Russia's idle oil refining capacity estimated up 50% in March from previous plan http://admin.hydrocarbonprocessing.com/news/2025/03/russias-idle-oil-refining-capacity-estimated-up-50-in-march-from-previous-plan/ Russia's offline primary oil refining capacity in March was revised up 49.7% from the initial plan for this month to 2.96 million metric tons amid drone attacks. PBF Energy's Martinez refinery (California, U.S.) repairs to cost $30 million http://admin.hydrocarbonprocessing.com/news/2025/03/pbf-energys-martinez-refinery-california-us-repairs-to-cost-30-million/ Independent U.S. refiner PBF Energy said it is starting repairs at its fire-damaged 156,400-bpd Martinez refinery in California and estimates the cost of repairs to be $30 million.