Economics
Honeywell offers renewable fuels technologies to refiners in Asia Pacific
Honeywell announced the availability of technologies and digital solutions to enable customers in Asia Pacific to produce renewable fuels from multiple sources of renewable feedstocks.
Launch of industry-first methanol powered sustainable shipping fund
ProMarine AG announces the launch of an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers led by Proman and Stena Bulk AB.
LyondellBasell beats profit estimates on strong demand for oxyfuels
Chemical maker LyondellBasell Industries on Friday beat third-quarter profit estimates, boosted by strong demand for oxyfuels during the summer season when more people take road trips.
SICK and Endress+Hauser want to join forces in process automation
German sensor company SICK and Swiss tech specialist Endress+Hauser are pursuing a strategic partnership in SICK's process automation sector to enhance customer support in key areas like energy efficiency, resource conservation, and environmental protection and have signed a MoU to bolster their collaboration.
Kuwait's KIPIC in talks with potential partners on petrochemicals complex
State-owned Kuwait Integrated Petroleum Industries Company is in early talks with companies to partner on an integrated petrochemicals complex worth up to $9.70 B.
LyondellBasell acquires 25% of Cyclyx joint venture, joining Agilyx and ExxonMobil to accelerate plastic waste recycling
Cyclyx International, a joint venture between Agilyx and ExxonMobil, announces LyondellBasell has acquired 25% equity ownership of the JV. LyondellBasell joining Cyclyx, further accelerates innovation and development of the necessary infrastructure for a nationwide circular economy for plastics.
Yara and Navigator invest in Azane to build ammonia bunkering network
Yara Growth Ventures AS, the venture investment arm of Yara International ASA, and Navigator Holdings Ltd. today announced that they have each successfully acquired a 14.5% interest in the Norwegian startup Azane Fuel Solutions AS.
Clariant and Technical University of Munich celebrate renewal of sustainability and catalysis alliance “MuniCat”
Clariant and Technical University of Munich have renewed their long-term strategic alliance in the field of research and application of new catalyst systems.
New acrylic resin material for automotive bodies under joint development with Honda
The Mitsubishi Chemical Group is pleased to announce that it and Honda Motor Co., Ltd. are jointly developing PMMA material for automotive body parts.
thyssenkrupp Uhde awarded contract by ENOWA to supply a green methanol and methanol-to-gasoline plant
thyssenkrupp Uhde has been awarded a contract by ENOWA, NEOM’s energy and water company, for engineering services and the supply, design and procurement of equipment for a new CO2-to-methanol and methanol-to-gasoline demonstration plant at ENOWA’s Hydrogen Innovation and Development Center in Saudi Arabia.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
