Economics
Neste premieres at Chinaplas: showcasing possibilities of bio-based and recycled materials for plastics
Together with its partners, Neste, a producer of renewable diesel, sustainable aviation fuel and renewable feedstock for polymers and chemicals, will be showcasing plastic products made with Neste RE at this year’s Chinaplas in Shanghai from April 22 to 26.
Russia's oil refining near 11-month low
Russia's weekly oil refining hit a near 11-month low due to flooding and a slowdown in repairs to plants that were hit by Ukrainian drone attacks.
Haiti fuel terminal operations halted as gangs seize trucks
Operations at Haiti's main fuel import terminal were suspended as armed men seized trucks and demanded the port be shut down, according to a source with information on the matter, likely exacerbating existing fuel shortages.
IOCL selects Lummus' cumene technology
Lummus Technology announced IndianOil Corp. Ltd. selected the Lummus/Versalis cumene technology for a 440 KTA unit in Paradip, India.
Hanwha Ocean, Amogy and Hanwha Aerospace forge partnership to decarbonize maritime sector with ammonia as a zero-emission fuel
Hanwha Ocean, Amogy and Hanwha Aerospace announced a partnership aimed at accelerating the decarbonization of the maritime industry through the deployment of Amogy’s zero-emission ammonia-to-power technology for ammonia-powered vessels.
Technip Energies and Anellotech to jointly develop sustainable plastics recycling
Technip Energies and Anellotech, Inc. announced they have signed a global joint development agreement to work cooperatively to further develop and then license Anellotech’s Plas-TCat process, a one-step thermal-catalytic recycling technology that converts mixed plastic wastes back into its constituent basic chemicals, with a specific focus to benzene, toluene, and xylene that can be used to make most virgin plastics.
BHP says it aims to receive first ammonia-fueled bulk carrier in 2026
Australia's BHP Group is planning to receive its first ammonia-fueled bulk carrier in 2026 as part of the company's plans to cut shipping emissions.
Biofuels refiner Ecoceres expects Malaysia unit to start up in second half 2025
Biofuels refiner Ecoceres is aiming to start up its Malaysia-based biofuels production unit in the second half of 2025.
Neste successfully concludes its first processing run with pyrolysis oil from discarded tires
In its efforts to advance chemical recycling, Neste has successfully conducted its first processing trial run with a new challenging raw material, liquefied discarded tires.
NextChem advances plastic upcycling with NX Replast technology, boosting the circular economy
NextChem Tech has acquired an additional 34% stake in both MyReplast Industries S.r.l. and MyReplast S.r.l. from an existing stakeholder.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
