Economics
Solvay to supply technology license for hydrogen peroxide mega-plant in China
Solvay has signed a license agreement with Guangxi Chlor-Alkali Chemical which will enable the Chinese partner to build and operate a hydrogen peroxide mega-plant at Qinzhou designed to support its 300 kilotons propylene oxide production and other units on site.
BioBTX and Agilyx announce collaboration for the production of circular aromatic chemicals
BioBTX B.V. and Agilyx ASA have entered into a strategic collaboration to explore the scale-up of BioBTX technology at a commercial demonstration plant for the production of renewable aromatic chemicals.
Lummus and Citroniq sign letter of intent for green polypropylene projects
Lummus Technology and Citroniq Chemicals announced that the two companies have signed a letter of intent for the development of Citroniq's green polypropylene projects in North America.
HIF Global receives environmental permit authorizing, construction and operation at first U.S. eFuels facility
HIF Global announced receipt of the Texas Commission on Environmental Quality Air Quality Permit authorizing the construction and operation of the HIF Matagorda eFuels facility in Matagorda County, Texas.
Global refinery margins lose steam as Russian oil finds new outlets
Global diesel margins have slumped by about half since February, dragging on refiners' profits, as Russian exports continue despite sanctions, helping output from China and India reach all-time highs in March.
Dow partners with Linde for its net-zero carbon emissions ethylene and derivatives complex in Canada
Dow announced today it has selected Linde as its industrial gas partner for the supply of clean hydrogen and nitrogen for its proposed net-zero carbon emissions integrated ethylene cracker and derivatives site in Fort Saskatchewan, Alberta, Canada.
Delta, Shell Aviation SAF agreement to fuel LAX hub and accelerate aviation decarbonization
Delta will purchase up to 10 MMg of neat SAF from Shell Aviation over a two-year period for use at its hub at Los Angeles International Airport.
Countdown to 26th World Energy Congress begins with release of Global Energy Leaders Survey
The countdown to the 26th World Energy Congress, to be held in Rotterdam from 22-25 April 2024, has begun as the World Energy Council launches event registration and simultaneously releases the results of its latest Pulse Survey.
Turkey top destination for Russian diesel after EU embargo
Turkey remains the top destination for Russian diesel exports after an embargo on shipments to Europe forced traders to divert supplies to Asia, Africa, the Middle East and ship-to-ship loadings.
U.S. diesel stocks tighten but fear of shortage eases
U.S. inventories of distillate fuel oils such as diesel and heating oil have been depleting since the start of March, reversing some of the accumulation over the previous five months, mostly because of an acceleration in exports.
- Aramco signs MoU with Microsoft to help advance industrial AI and digital talent transformation 2/23
- Chandra Asri's chlor alkali-ethylene dichloride project reaches 50% completion 2/23
- Indorama Ventures and AMB Spa introduce industrial-scale breakthrough for recyclable multilayer trays 2/23
- deugro delivers critical equipment for Technip Energies project in U.S. 2/23
- HIF Global and German eFuel One GmbH sign HoA for e-methanol offtake 2/20
- Venezuela's refineries boost processing to 35% of capacity 2/20
