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Europe

Refiner Valero beats profit estimates on resilient demand, tight supplies

Refiner Valero Energy beat first-quarter profit estimates, benefiting from sustained demand as supplies remained tight due to disruptions in Russia and maintenance work at U.S. refineries.

INERATEC secures state-of-the-art catalysts from Sasol for the production of sustainable e-fuels

INERATEC and Sasol have signed a five-year contract for the supply of Fischer-Tropsch catalysts. INERATEC will use Sasol's state-of-the-art catalysts for the production of sustainable e-fuels, e.g. for aviation.

Technip Energies selected by Viridor to perform FEED on the Runcorn energy-from-waste carbon capture project in the UK

Technip Energies  has been awarded a FEED contract by Viridor for the CCS project at one of the United Kingdom’s largest Energy-from-Waste facilities in Runcorn, United Kingdom and plans to capture around 900,000 tons of CO2 each year, half of which will be from biogenic sources, effectively removing 450,000 tons of CO2 annually from the atmosphere.

SINOPEC completes its involvement in Kazakhstan's polyethylene project

Prime Minister Olzhas Bektenov of the Republic of Kazakhstan convened a meeting with key leaders from major oil and gas chemical companies focusing on the establishment of an integrated gas chemical complex dedicated to polyethylene production.

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.

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. 

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.

BASF now offering polyamides for the textile industry according to Recycled Claim Standard

Ultramid Ccycled, BASF's sustainable polyamide PA6 and PA6.6 product range, is now also certified as Recycled Claim Standard for textile applications.