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Morocco approves green hydrogen projects worth $32.5 B

A Moroccan government committee approved green hydrogen projects aiming to produce ammonia, steel and industrial fuel worth a total of 319 billion dirhams ($32.5 B).

China SAF plants push back start-up amid lack of policy

Several Chinese builders of sustainable aviation fuel (SAF) plants are postponing start up as a lack of government policy guidance restrains them from marketing the fuel domestically or exporting it.

Cosmo to launch Japan's first sustainable aviation fuel production

Cosmo Energy Holdings is set to launch Japan's first domestic production of sustainable aviation fuel in April, a step toward the country's goal of replacing 10% of jet fuel with a cleaner alternative, though cost-cutting challenges remain.

North Ammonia, Höegh Evi to explore a clean ammonia supply chain from Norway to Europe

North Ammonia, a developer of renewable fuels of non-biological origin (RFNBO) ammonia facilities in Norway, and Höegh Evi, a global leader in marine energy infrastructure, have signed an agreement to explore a value chain for supplying hydrogen to European industrial users using green ammonia produced in Norway.

Mercedes-AMG Petronas to use sustainable carbon fiber composites in Formula 1 racecars

Mercedes announced the first steps on the road towards sustainable carbon fiber composites. In concrete terms, this means that Mercedes will qualify and apply sustainable carbon fiber composites to their race cars during the 2025 Formula 1 season, without sacrificing any on-track performance.  

Vopak to build ethane tanks to support Thailand's petrochemical production

Vopak has reached a positive final investment decision it build 160,000-m3 tank infrastructure in Map Ta Phut, Rayong, to support the import of U.S. ethane into Thailand for petrochemical crackers

Shell is considering selling off chemical assets in Europe and the U.S.

Shell is considering a potential sale of its chemicals assets in Europe and the United States, the Wall Street Journal reported, citing sources familiar with the matter. The energy group has hired Morgan Stanley to conduct a strategic review of its chemicals operations, the report said.

Indonesia plans to use sovereign wealth fund to boost coal gasification projects

Indonesia seeks to boost coal gasification projects using funding from its newly launched sovereign wealth fund Danantara Indonesia, as well as plans to increase its fuel storage capacity and build a refinery with capacity of 500,000 barrels per day to ensure energy security

ADNOC and OMV to create $60+ billion global polyolefins champion

Axens, SOREMA sign partnership for providing advanced plastic recycling integrated solutions

Axens and SOREMA announced their cooperation for providing integrated solutions for advanced (chemical, physical) recycling of plastic wastes. This cooperation enables Axens and SOREMA the ability to provide their clients with integrated and optimized solutions, maximizing the yield and revenues from the waste feedstock to the recycled plastic.