Europe
INEOS Inovyn to mothball its chloromethane production facility in Tavaux, France
INEOS Inovyn announced that is has mothballed its chloromethane production facility in Tavaux, France. The decision reflects persistently weak market demand, regulatory challenges and increased operational and energy costs.
Update: SOCAR inks deal to buy oil refiner Italiana Petroli
People close to the matter had previously said that Italy's Brachetti Peretti family was seeking an enterprise value of around €2.5 B ($3 B) for the company, which holds some €500 MM in cash.
MOL Petrochemicals conducts first circular feedstock test at its Tiszaújváros site in Hungary
MOL Group has achieved a significant milestone in its SHAPE TOMORROW Strategy by successfully completing its first ISCC PLUS-certified production run using circular feedstock at its MOL Petrochemicals site in Tiszaújváros, Hungary.
Ukraine to curb Indian diesel imports amid Russian oil ties
Ukraine will restrict imports of diesel fuel originating in India, which purchases a significant portion of its crude oil from Russia starting October 1, Ukrainian energy consultancy Enkorr said.
EU brings forward review of 2035 zero-emissions vehicles target
The European Union has set a target of 100% reduction of CO2 emissions for new cars and vans by 2035, which has been taken to mean the end of the internal combustion engine for new vehicles.
EU may list independent Chinese refineries in new Russia sanctions package
The Commission may propose the new package as soon as Friday after an EU delegation returns from sanctions talks in Washington.
Diesel tweaks help truckmakers hit EU climate targets
Heavy-duty vehicles (HDVs)—which are almost entirely diesel-powered—account for a quarter of Europe's road transport emissions.
BASF launches the world’s first thermoplastic polyamide with high water permeability
With the launch of Ultramid® H33 L, BASF is introducing the world’s first thermoplastic polyamide with a high water permeability to the market.
- Indovinya advances sustainable solutions with agreement for the supply of renewable oxygen from Air Liquide 7/23
- Johnson Matthey completes acquisition of Cormetech 7/23
- Opinion: Cutting off Red Sea oil route may be one crisis too many 7/23
- India's surging refined product exports ease Asia fuel crisis 7/23
- Inprocess' OTS supports startup of AirPlant One 7/22
- Moeve, Exolum secure financing for Muelle Sur, a strategic hub supporting the energy transition 7/22
