Environment & Safety
Koch Technology, Ioniqa Technologies partner to disrupt plastics industry through advanced PET upcycling technology
As part of this collaboration, KTS has committed to invest up to €30 MM in Ioniqa. Ioniqa has developed an innovative process that utilizes low-grade post-consumer PET to infinitely produce a feedstock that displaces virgin raw materials used in the production of polyester products.
The Downstream Rundown: In case you missed it 09/16
In case you missed any downstream news, here are the top stories from last week. These articles include announcements from Clariant, Aemestis, Evonik, ADNOC, Technip and more. Stay up to sate with the latest industry news.
Siemens and Shell sign MoU to advance low-carbon, highly efficient energy solutions
Siemens Smart Infrastructure and Shell Global Solutions International BV have signed an MoU to collaborate on developing low-carbon and highly efficient energy solutions that support the energy transition.
Air New Zealand welcomes first shipment of Neste MY Sustainable Aviation Fuel into New Zealand
Air New Zealand will next week welcome the first shipment of Neste MY Sustainable Aviation Fuel (SAF) into New Zealand (‘Aotearoa’) ready to power the airline's fleet.
Mitsui Chemicals selects ethylene oxide catalyst from Shell Catalysts & Technologies
Mitsui Chemicals has asked Shell Catalysts & Technologies for its Shell S-896 catalyst, which is expected to provide important economic benefits from raw material (ethylene) savings and also help the organization meet the decarbonization goals.
ADNOC Refining to complete first phase of waste heat recovery project
ADNOC Refining, a joint venture company between the Abu Dhabi National Oil Company (ADNOC), Eni, and OMV, is set to complete the first phase of its innovative Waste Heat Recovery project at the General Utilities Plant in Ruwais, Abu Dhabi.
Aemetis on schedule with engineering for SAF and renewable diesel plant by global construction firm CTCI
Aemetis reported that the engineering work completed during the past year by CTCI for the Aemetis Riverbank Carbon Zero sustainable aviation fuel and renewable diesel plant is on schedule for filing permits and conducting procurement commencing in Q4 2022.
The downstream rundown: In case you missed it 09/09
In case you missed any downstream news, here are the top stories from last week.
Spain's Repsol sells 25% of oil and gas unit to EIG for $4.8 B
Repsol is selling a 25% stake in its oil and gas exploration division to U.S. fund EIG for $4.8 B, building up a warchest for renewables projects as the energy industry moves to a lower-carbon future.
BASF and Samsung Heavy Industries collaborate on CCS onboard maritime vessels
BASF and Samsung Heavy Industries Co., Ltd. will carry out a collaborative feasibility assessment of capturing CO2 onboard maritime vessels using BASF’s OASE blue technology for flue gas applications.
- 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