Americas
Heidelberg Materials North America announces latest step in Edmonton CCUS Project
Heidelberg Materials North America announced a significant milestone in its two-stage competitive procurement process as it works to select the capture technology and contractor for providing the CO2 separation solution for its Edmonton, Alberta, Carbon Capture, Utilization, and Storage Project.
Lake Charles Methanol announces plan for new $3.2-B manufacturing plant in Southwest Louisiana
Lake Charles Methanol II, LLC announced plans to invest $3.24 B to construct a new manufacturing plant that will produce low-carbon intensity methanol and other chemicals at the Port of Lake Charles.
Natixis joins United Airlines as corporate partner with investments in expansion of SAF
Natixis Corporate & Investment Banking announced its investment in the United Airlines Ventures Sustainable Flight Fund - the first of its kind venture fund focused on funding startups dedicated to scaleup of SAF production through advancing technology and sustainable feedstock development
U.S. crude stocks rose while gasoline and distillate inventories fell
U.S. crude stocks rose while gasoline and distillate inventories fell in the week ending February 9, 2024 the Energy Information Administration said.
EE North America and Montauk Renewables forge agreement for biogenic CO2 delivery
In a pivotal move towards sustainable energy solutions, EE North America and Montauk Renewables, Inc. have signed a long-term contract for the delivery of 140,000 tpy of biogenic CO2 over a minimum 15-year term.
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.
- Alpek will cease operations at its PET facility in North Carolina (U.S.) 6/6
- ANDRITZ to acquire Diamond Power Intl. businesses 6/6
- ABB launches AMXE Marine Motor to enhance vessel efficiency 6/6
- Private refiners tap India's drivers as export markets tighten 6/6
- Irving Oil invests $100 MM in Saint John refinery upgrade 6/6
- IEA: Global energy investment set to hit record $3.3 T in 2025 6/6
