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Americas

“Shark Tank” star Kevin O’Leary vows to build $14-B oil refinery in the US

Kevin O’Leary, star of “Shark Tank” and chairman of O’Leary Ventures announced his plans to build a $14-B oil refinery with the goal of reigniting America’s energy independence.

BASF gains ISCC PLUS certification to expand its VALERAS offerings for plastic additives

BASF announced that it has received the International Sustainability and Carbon Certification PLUS for certain grades of plastic additives produced at its manufacturing sites in Switzerland and United States.

Dassault Aviation to use sustainable aviation fuel for Falcon Aircraft in Little Rock​

The use of SAF at this site is part of the SAF plan implemented by Dassault to reduce the carbon footprint of its aviation operations.

Biden administration proposes protections from chemical used to sterilize equipment, spices

The Biden administration proposed new health protections to reduce exposure of U.S. workers and communities to ethylene oxide, a toxic, colorless gas mainly used to sterilize medical equipment and spices.

Placon awarded grant to invest in new sorting equipment for increased PET recycling

Placon has been awarded a grant to catalyze their investment in new front-end sorting equipment.

Lummus' Novolen technology expands portfolio for enhancing recycled polymers

Lummus Technology announced the addition of Novolen Enhance performance polypropylene polymers, a family of products that enhance the properties of recycled polymers.

Brazil inflation seen staying high in March on rising gasoline costs

Brazil's inflation likely stayed high in March on rising gasoline bills, reigniting cost of living problems in the country's stagnant economy and probably stoking more disagreement over policy.

Russia boosts diesel exports to Latin America since EU embargo

Russia has increased its diesel exports to Brazil and other parts of Latin America following an embargo on shipments to Europe.

Western curbs on Russian oil products redraw global shipping map

Global fuel suppliers are turning to longer and costlier routes that produce more carbon emissions to move their diesel and other products as Western restrictions on Russian cargoes have reshuffled global energy shipping patterns.

Global diesel prices fall as economic slowdown intensifies

Global prices for middle distillates such as gas oil and diesel are falling as the economy slows, more refineries come onstream, and exports from Russia are re-routed and replaced by fuel from the Middle East.