Europe
How Europe reduced its greenhouse gas emissions in 2023
The European Union's greenhouse gas (GHG) emissions fell by 5% last year, continuing a trend of declining emissions in Europe.
MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary
MOL inaugurated its €1.3-B, 200,000-tpy polyol complex in Tiszaújváros, Hungary.
Nextchem completes acquisition of GasConTec, adding new low-carbon hydrogen/methanol to portfolio
Nextchem completed the acquisition of GasConTec, which will add new low-carbon hydrogen/methanol technologies to the company's portfolio.
Verbio breaks ground to manufacture bio-based specialty chemicals
Verbio has begun construction of the world’s first large-scale ethenolysis plant using rapeseed oil methyl ester at its Bitterfeld, Germany location.
FertigHy selects Northern France for first low-carbon fertilizer plant
FertigHy, a pan-European producer of low-carbon, nitrogen-based fertilizer for the agricultural sector, will build its first factory in the Hauts-de-France region in Northern France.
Ethylene downcycle puts nearly 25% of capacity at risk of closure
A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure according to new research by Wood Mackenzie.
Russia gained newer diesel trade partners in 2023
In 2023, Brazil and Saudi Arabia replaced France and Germany as the countries with the second- and third-most seaborne diesel imports from Russia after sanctions related to Russia’s petroleum product trade went into effect in February 2023.
Nextchem, Johnson Matthey partner in waste-to-methanol technology
NEXTCHEM’s MyRechemical will provide its proprietary Circular Methanol™ to its partner in Waste-to-Methanol technology -Johnson Matthey for the joint commercialization of the Circular Methanol™ technology package.
Diesel profit margins decline amid lower demand, more capacity
Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand, putting oil prices under further downward pressure.
ADNOC signs third long-term Heads of Agreement for Ruwais LNG project
ADNOC has signed a 15-yr Heads of Agreement (LNG agreement) with EnBW Energie Baden-Württemberg AG (EnBW), one of the largest energy companies in Germany, for the delivery of 600,000 metric tpy of liquefied natural gas (LNG).
- Hapag-Lloyd concludes long-term offtake agreement for green methanol 12/2
- BASF unveils new HDPE brand Easiplas and HDPE construction milestones at Zhanjiang Verbund site 12/2
- Russia's Rosneft may delay refinery modernization due to high interest rates, taxes 12/2
- Solarig to develop €1.15-B, 75,000-tpy Turboleta SAF in Spain 12/2
- Maersk to use SAF to decarbonize airfreight travel 11/29
- Foundation stone laid for 1.2-MMtpy blue ammonia plant in Qatar 11/29
