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Economics

Aggreko launches industry’s largest heat exchanger and exclusive Hastelloy-c Crossflow Exchanger

Aggreko announced the launch of two new rental heat exchanger fleets, the Large Node Heat Exchanger and the Hastelloy-C Crossflow Heat Exchanger.

Maire Tecnimont Group awarded new technology and high-value engineering contracts for approximately $90 MM

Maire Tecnimont S.p.A. announces that some of its Sustainable Technology Solutions subsidiaries have been awarded several new contracts for technology licensing and engineering services for an overall value of approximately $90 MM.

Stamicarbon signed to license its largest Ultra-Low Energy urea plant

Stamicarbon has signed a contract covering PDP, licensing and equipment supply for an Ultra-Low Energy grassroots urea plant in Jiangxi province, China.

China's March diesel, jet fuel exports surge; gasoline down 34%

China's diesel exports shipments surged to 1.44 million tons, up 113.8% in March, from 0.67 million tons a year ago, data from the General Administration of Customs showed.

Deutsche Bahn to purchase 13,000 tons of Neste MY Renewable Diesel

Deutsche Bahn is expanding its use of renewable diesel significantly this year by purchasing around 13,300 tons of renewable diesel produced by Neste.

Brazil's Acelen to invest $2.44 B in renewable diesel business

Mubadala Capital backed-Acelen will invest $2.44 B over 10 years to make "green" diesel and jet fuel in Brazil, starting in 2026, in a move that will place the company among global leaders in this segment.

Neste and Q8 collaborate to make Neste MY Renewable Diesel available in the Danish market

Thanks to a strategic cooperation between Q8 and Neste, the heavy transport sector operators can buy Neste MY Renewable Diesel, at nine Q8 stations in Denmark from 17 April 2023 onwards.

Apical’s joint venture with Cepsa to build the largest 2G biofuels plant in southern Europe

Apical has established a joint venture with Cepsa to produce second generation biofuels by constructing the largest plant in southern Europe.

Seeq achieves AWS Manufacturing and Industrial Competency

Seeq Corporation announced that it has achieved the Amazon Web Services Manufacturing and Industrial Competency.

Spain's Cepsa teams up with Apical to build $1-B biofuels plant

Spanish oil company Cepsa teamed up with vegetable oil processor Apical Group’s Bio-Oils unit to build a second-generation biofuels plant in southern Spain, a $1.11-B project.