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Economics

Solvay and Huatai expand hydrogen peroxide capacity in China to meet growing photovoltaic demand

Solvay is further extending its leadership position in the global hydrogen peroxide market by expanding the capacity of its Shandong Huatai Interox Chemical site in China.

Solvay Peroxides in Finland to reduce its transportation carbon footprint

Solvay is partnering with transportation providers Kiitosimeon and Adams Logistics to reduce the carbon footprint of its facility in Voikkaa, Finland.

Uganda in talks with UAE investment firm over planned oil refinery

Uganda is negotiating with an investment company led by a member of Dubai's royal family to develop a planned $4-B refinery for some of its crude oil.

Russia's Ust-Luga port continues crude, fuel exports while Novatek terminal shut

The Baltic Sea port of Ust-Luga was exporting crude oil and fuel apart from at Novatek's terminal which remained closed after being damaged by fire.

UAE's ADNOC sells more fuel oil from Ruwais refinery in January

UAE's Abu Dhabi National Oil Company has sold more straight-run fuel oil from its Ruwais refinery complex this month via private sales.

Water supply restored to TotalEnergies Texas (U.S.) oil refinery

Water supply was restored to TotalEnergies' 238,00-bpd Port Arthur oil refinery in Texas, (U.S.) that has been shut for nearly a week.

Topsoe selected as technology provider for Preem’s renewable fuels plant in Sweden

Topsoe signed a licensing and engineering agreement with Preem, Sweden’s largest fuel company, to produce SAF and renewable diesel, using Topsoe’s HydroFlex technology.

BASF and Inditex make a breakthrough in textile-to-textile recycling with loopamid

BASF and Inditex announced a breakthrough in their efforts for boosting recyclability in the textile industry with the launch of loopamid, a polyamide 6 made from 100 percent textile waste,

Proactive Decision-Making for Emissions Management: The Roadmap to Net Zero

Industry leaders have committed to achieving net-zero carbon emissions by 2050.

India defers $602-MM plan to fill parts of strategic petroleum reserve

India has deferred a $601.78 MM plan to fill parts of its strategic petroleum reserve, keeping in mind emerging trends in oil markets.