Economics
Chinese refiner Chambroad set to start bitumen plant in Hainan
China's Chambroad Petrochemicals is set to start operating a refining unit in the southern province of Hainan in May to produce mainly bitumen with an aim to export the material used to pave roads.
SP Chemicals selects Lummus' CATOFIN and Novolen Technologies
Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced an integrated technology award from SP Chemicals and its subsidiary SP Olefins.
Shell puts a stop to Singapore biofuels, base oil projects
Shell has decided not to go ahead with two projects it was studying to produce biofuels and base oils in Singapore.
DCC Energy and Oberon Fuels to boost renewable dimethyl ether production to reduce emissions of European LPG market
DCC plc, the leading international sales, marketing and support services group, has partnered with Oberon Fuels, to advance the design, construction and operations of multiple renewable DME production plants in Europe.
CNOOC, Shell JV sign $5.6-B agreement to expand ethylene plant in China
CNOOC and Shell Petrochemicals Company Ltd signed a framework agreement worth $5.6-B with China’s Huizhou city government to expand its ethylene project in the city.
Australia heads for second year of record gasoline, diesel imports
Australia's gasoline and diesel imports are expected to rise 2% to hit a record for a second straight year due to a drop in domestic production and a post-COVID economic recovery boosting fuel demand.
Portugal's EDP to stick with EV charging target after EU e-fuel compromise
Portugal's largest utility, EDP, said a compromise by the European Commission to allow the sale of cars running on e-fuels after 2035 would not impact the company’s target to roll out electric vehicle charging stations.
China's mega private refineries to keep output high to April as margins improve
China's mega private refineries are expected to operate at full processing rates or higher until April as their margins have improved after the government lifted COVID-19 restrictions.
With strict targets looming, European aviation races to make green fuel
Energy giant Repsol has bought into Europe's drive for green jet fuel but believes the $217-MM plant it is building in southeast Spain faces a bumpier ride than if it was on the other side of the Atlantic.
CIB to invest C$277-MM in Shell-Suncor biorefinery in Quebec
Canada Infrastructure Bank (CIB) said on Monday it would invest C$277-MM in a carbon recycling facility in Quebec run by a joint-venture backed by Shell and Suncor Energy Inc.
- 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
- Solvay to reduce production at Torrelavega soda ash plant due to market conditions 2/23
- Zeon Corp. holds groundbreaking for new cyclo-olefin polymers plant 2/23
- Honeywell adjusts acquisition agreement for Johnson Matthey's Catalyst Technologies business down to £1.325 billion 2/23
- Indorama Ventures and AMB Spa introduce industrial-scale breakthrough for recyclable multilayer trays 2/23
