Americas
Henkel closes acquisition of specialized supplier for protective coating and sealing solutions
Henkel has successfully completed the acquisition of the U.S.-based Seal for Life Industries LLC from Arsenal Capital Partners.
thyssenkrupp Uhde and Genesis Fertilizers announce contract for conceptual design study for reduced-emission fertilizer plant in Canada
thyssenkrupp Uhde and Genesis Fertilizers Limited Partnership have signed a Pre-FEED contract to conceptually develop an integrated fertilizer complex to be located at Belle Plaine, Saskatchewan in Canada.
NextChem and Vallourec to merge green ammonia tech with hydrogen storage for "Power-To-X" projects
Maire announces that NextChem, through its subsidiary NextChem Tech, and Vallourec, agreed to cooperate on the integration of NextChem’s proprietary green ammonia technology with Vallourec’s Delphy hydrogen storage technology and its subsequent commercialization.
Phillips 66 on track to achieve full renewable diesel production at Rodeo facility
Independent U.S. oil refiner Phillips 66 said it is in the final stages of converting an oil refinery in California into a renewable fuel plant with a capacity of 50,000 bpd by the end of the second quarter of 2024.
Parkland's Burnaby Refinery safely returned to normal operations
Parkland Corporation announced that the Burnaby refinery safely returned to normal operations on March 29, 2024, following an unplanned shutdown originating from extreme cold weather on January 12, 2024.
U.S. petroleum product exports set another record high in 2023
Petroleum product exports from the U.S. averaged a record 6.1 MM bpdy in 2023, an 2.5% increase from 2022, according to EIA's Petroleum Supply Monthly.
Southwest Airlines acquires SAFFiRE Renewables and strengthens focus on sustainability
Southwest Airlines Co. announced the acquisition of SAFFiRE Renewables, LLC as part of the investment portfolio of its wholly owned subsidiary Southwest Airlines Renewable Ventures, LLC which is dedicated to creating more opportunities for Southwest to obtain scalable SAF.
Greece arrests member of gang that raked in $21 B from fuel-product smuggling
Greek authorities have arrested a senior member of an international gang that smuggled Latin American fuel products for illegal sale around the world, raking in an estimated profit of more than $21 B.
Dow and Procter & Gamble to develop a new proprietary recycling technology targeting hard-to-recycle plastic waste
Dow and the Procter & Gamble Company announced a joint development agreement to create a new recycling technology to enable efficient conversion of hard-to-recycle plastic packaging into recycled polyethylene with near-virgin quality and a low greenhouse gas emissions footprint.
Ørsted selected by U.S. Department of Energy to receive funding for Star e-Methanol facility
Ørsted announced it has been selected by the Department of Energy Office of Clean Energy Demonstrations to begin award negotiations for up to $100 MM in federal funding to construct a groundbreaking Power-to-X facility, called Star e-Methanol, along the Texas Gulf Coast.
- Neste introduces co-processed renewable Neste RE feedstock for the polymers and chemicals industry 12/17
- Vitol agrees to acquire 66.84% of plastics recycling company WPU 12/17
- Baker Hughes, UC Berkeley (U.S.) establish global decarbonization research institute 12/17
- India's BPCL plans to expand refining capacity by 2028 12/17
- Phillips 66 outlines nearly $3-B capital program for 2025 12/16
- Mabanaft reaches agreement with Hapag-Lloyd to supply B30 bunker fuel in Hamburg 12/16
