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Europe

Brazil's Raizen partners with Dutch biorefinery to explore lignin uses

Brazil's Raizen, the world's largest sugarcane processor, has struck a deal with Dutch biorefinery Vertoro to develop new uses for lignin, a residue from second-generation ethanol (E2G) production, including its conversion into advanced biofuels, chemicals and materials.

ITM Power signs contract for REFHYNE II project after Shell FID

ITM Power has signed a contract for the REFHYNE II project, following Shell's recent positive final investment decision (FID). ITM will supply 100 MW of TRIDENT stacks and skids to the Shell Rheinland Energy and Chemicals Park in Germany.

Ship-to-ship loadings of Russian diesel pick up in northern Aegean

Traders are moving Russian diesel cargoes to a new ship-to-ship (STS) loadings site in the northern Aegean Sea, as Western sanctions hit vessels carrying fuel loaded in Russian ports.

Honeywell UOP and Repsol to collaborate on renewable fuel development

The companies plan to scale and commercialize Honeywell's technologies, which use various wastes like fats, oils, greases, biomass and solids for chemical production and renewable fuels at Repsol’s refineries.

Global petrochemical firms shape up in oversupply crisis

Petrochemical producers in Europe and Asia are in survival mode as years of capacity build-up in top market China and high energy costs in Europe have depressed margins for three consecutive years, forcing firms to consolidate.

BASF switches their portfolio to bio-based ethyl acrylate

BASF announced the biotransformation of their (Meth)acrylate portfolio, switching the production to bio-based ethyl acrylate starting Q4 2024.

U.S. EPA says it is auditing biofuel producers' used cooking oil supply

The U.S. Environmental Protection Agency has launched investigations into the supply chains of at least two renewable fuel producers amid industry concerns that some may be using fraudulent feedstocks for biodiesel to secure lucrative government subsidies.

Aggreko invests in European cooling fleet to support petrochemical industry amid summer heat

Energy solutions specialist Aggreko has significantly invested in its European fleet of cooling solutions to bring reliable, clean and efficient cooling to the market.

U.S. imports of renewable diesel increased in the early months of 2024

In the first five months of 2024, U.S. imports of renewable diesel averaged 30,000 bpd, approaching the monthly record set in May 2023.

Head of Hungary's MOL sees no reason to wean off Russian oil

The head of Hungarian oil and gas giant MOL has said he sees no advantage in Hungary weaning itself off Russian oil supplies, and dismissed warnings of fuel shortages in the country as “politics.”