Economics
DNV announces financial close of $650-MM H2 fertilizer project in Paraguay
The $650-MM project is one of the world's first industrial-scale green fertilizer plants to be financed in a non-recourse basis, a standalone, asset-backed financing structure where lenders look only to the project itself for repayment.
JM to acquire Cormetech, materially enhancing scale in clean air solutions
Under the terms of the transaction, JM will acquire Cormetech for an enterprise value of $360 MM payable in cash on completion, which represents a 10.3x acquisition multiple based on Cormetech's expected 2026 EBITDA.
U.S. gasoline market set for fresh test after near-record stock draws
U.S. gasoline prices have already jumped by 50% to close to four-year highs since the U.S. and Israeli war against Iran began on February 28, and currently average around $4.33 per gallon.
China's crude oil imports slump, but it's economics not altruism
The collapse in China's imports is being framed in media and market commentary as helping Asia adjust to the loss of at least 10 MMbpd of crude from the effective closure of the Strait of Hormuz.
Aramco and PETRONAS Announce Transfer of Full Ownership of PRefChem to PETRONAS
- Repsol begins large-scale production of 100% renewable fuels in Puertollano 6/4
- Decarbonizing chemical processing with Piller MVR Technology 6/3
- Axens and Green Sky Capital sign collaboration for 200,000-tpy SAF production facility in Egypt 6/3
- Closing the loop: How Clariant is enabling circular plastic 6/3
- hte and Kayser Technology partner to market FCC testing technologies 6/3
- HAMR Energy contributes to project introducing tallow-based biofuel to expand maritime low-emissions fuel supply 6/3
