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Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business

Phillips 66 announced that its subsidiary, Phillips 66 Continental Holding GmbH, has entered into a definitive agreement to divest a 65 percent interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.

INEOS, Royal Wagenborg launch the first European-built offshore CO2 carrier for carbon capture and storage

The launch and naming of Carbon Destroyer 1 marks a defining moment in the development of Project Greensand and the EU’s first commercial -scale carbon capture and storage (CCS) value chain.

Ayuda en Acción, Indorama Ventures and IMG Group launch major recycling partnership to tackle waste crisis in Mali

In response to Mali’s escalating environmental crisis, three leading organizations—Ayuda en Acción, Indorama Ventures, and IMG Group—have joined forces to launch Bamagreen, a transformative recycling and reforestation project in the capital city of Bamako.

Emerson's Aspen Technology business releases new software with expanded AI capabilities, enhanced visualization and simplified workflows

Emerson announced a new release of the flagship software of its Aspen Technology business. The release introduces a significant expansion of industrial AI capabilities, enhances user experience, provides new capabilities to accelerate progress toward sustainability goals and improves operational performance. 

Mexico's Pemex plans to export less crude oil as new refinery starts up

The trading arm of Mexico's state company Pemex, PMI, is anticipating a reduction in crude oil exports this year as more will be sent to local refineries, especially the new Olmeca refinery.

BASF is expanding its portfolio of raw materials for the production of concrete superplasticizers for the construction industry in the European market

With Pluriol® A 2400 I, BASF Industrial Formulators adds a new product to its reactive polyethylene glycol portfolio for polycarboxylate ethers (PCE) in the construction industry in Europe.

Ionikylation unit at PetroChina's Dagang refinery reaches 1,000 days of continuous operation

PetroChina Dagang Petrochemical Company has reached the milestone of 1,000 continuous days of operation for its 150,000-tpy Ionikylation unit.

thyssenkrupp Uhde successfully commissions EnviNOx® emission reduction system for Covestro’s NAUCI project in China

thyssenkrupp Uhde is proud to announce the successful commissioning of its EnviNOx® system for Covestro Polymers (China) Co. Ltd. at their nitric acid plant in Shanghai Chemical Industry Park. This state-of-the-art technology will significantly reduce nitrogen oxides and nitrous oxide emissions.

HIF, Porsche AG and Shell sign e-Fuels supply agreement for Haru Oni facility

HIF Global, through its subsidiary HIF Chile, signed an agreement with Porsche AG and Shell for the delivery of e-Fuels produced by HIF’s Haru Oni e-Fuels facility in Punta Arenas, Chile.

BASF becomes first producer of renewable ammonia in Central Europe

BASF produces the renewable ammonia grades at its Verbund site in Ludwigshafen by feeding hydrogen into the ammonia plant which reduces the plant’s natural gas consumption

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