Americas
Grace licenses second UNIPOL polypropylene process technology reactor to China Coal Shaanxi Energy & Chemical Group Co., Ltd.
W.R. Grace & Co. announced that China Coal Shaanxi Energy & Chemical Group Co., Ltd. has expanded its license for Grace’s UNIPOL PP process technology, doubling its polypropylene production capacity from 300 to 600 kpy.
Dow announces completion of inaugural green bond offering
The Dow Chemical Company, a wholly owned subsidiary of Dow, announced today the closing of its green bond offering of $600 million aggregate principal amount of 5.150% notes due 2034 and $650 million aggregate principal amount of 5.600% notes due 2054.
AFPM launches seven-figure issue campaign spotlighting gas car ban policies across battleground states
The American Fuel & Petrochemical Manufacturers is launching a major seven-figure issue campaign across seven critical states - Pennsylvania, Wisconsin, Michigan, Nevada, Arizona, Ohio and Montana—and the Beltway, all aimed at informing Americans about the Biden administration’s efforts to ban new gas, diesel and flex fuel vehicles from the U.S. market.
Mexico orders expropriation of Air Liquide plant at Pemex oil refinery
Mexico's government has ordered the expropriation of a hydrogen plant at a Pemex oil refinery that was sold to French company Air Liquide during the previous administration, after officials ordered a temporary occupation of the facility last December.
Oil little changed as demand concerns offset Middle East tensions
Oil futures were little changed as rising concerns about global demand caused the market to take a break after prices jumped about 6% last week on worries that Middle East tensions could cause supply problems.
Phillips 66 reports fire at its Billings, Montana, refinery
Phillips 66, said there was a fire at its 60,000-bpd Billings, Montana, refinery which resulted in visible smoke.
Plant's coal exit affirms Solvay’s commitment to pursue sustainable operational practices
From the entrances of its Green River, Wyoming soda ash plant and Brussels headquarters, Solvay leaders announced the successful completion of the North American-based facility’s coal phase-out initiative.
Investors dump oil after U.S. refinery shutdown
Portfolio investors abandoned hope for an early rally in crude prices after a site-wide electricity failure caused an unexpected shutdown in production at bp’s refinery at Whiting in Indiana on Feb. 1
U.S. oil refiners beat Wall Street bets, expect demand to grow in 2024
Major U.S. fuel makers beat Wall Street's earnings expectations in the fourth quarter on strong refining margins and operating performance, and they predicted profits would rise again this year thanks to global demand growth.
Shell discloses $14-B cost for petrochemical plant, more than double street estimates
Royal Dutch Shell revealed during its recent fourth-quarter earnings call that the construction costs of its petrochemical plant have surged by 130%, surpassing the original estimate.
- ClassNK releases report ‘ClassNK Alternative Fuels Insight (Version 3.0): Providing new information on cost simulations reflecting approval at MEPC 83 5/22
- trinamiX and BASF showcase new technologies for polyamide 6 recycling: An approach to circularity in the textile industry 5/22
- U.S. says there are significant undiscovered oil and gas resources in Wyoming 5/21
- Bureau Veritas grants AiPs for IMODCO’s portfolio of jetty-less solutions for new energies transfers 5/21
- Saudi Arabia crude exports fall to 5.754 MMbpd in March 5/21
- Low diversity in critical mineral markets could hurt industry, IEA says 5/21
