Gasoline
Construction
Anadarko Petroleum Corp. has reached a full agreement with CCS JV, a JV between Chiyoda, McDermott and Saipem, for the development of its Mozambique Area 1 LNG terminal.
Petrochemicals: DME market outlook impacted by clean fuels demand, diesel emissions
As environmental concerns emerging from the incessant consumption of fuels have gripped the attention of global leaders, energy producers have been developing cleaner fuel alternatives for use in domestic and commercial settings.
Construction
Sinochem Hongrun Petrochemical Co. Ltd. will use Honeywell UOP’s ionic liquids alkylation technology to produce high-octane, cleaner-burning transportation fuels.
Industry Metrics
In the US, continued gasoline–related tightening exerted upside pressure on prices, despite improvement in refinery throughputs as refineries returned online.
Business Trends: Sustainability: Clean fuels—The advancement to zero sulfur
In April, Hydrocarbon Processing launched the first iteration of its HP Sustainability webcast series.
Industry Metrics
A combination of planned and unplanned refinery outages affected US gasoline production, resulting in considerable declines in inventory levels.
Asia: Japanese refining moves towards consolidation and increased efficiency
According to recent statements of leading Japanese analysts in the field of refining and the country’s largest producers, the Japanese refining industry is moving towards consolidation and an increase in efficiency.
Business Trends: How plastics waste recycling could transform the chemical industry
If plastics demand follows its current trajectory, global plastics-waste volumes would grow from 260 MMtpy in 2016 to 460 MMtpy by 2030, taking what is already a serious environmental problem to a new level.
Industry Metrics
All main US products performed positively as refinery product outputs declined considerably and led to a fall in inventory levels, fueling bullish sentiment.
FCC operational changes to boost gasoline octane
The fluid catalytic cracking unit (FCCU) is one of the main units providing gasoline with high-octane numbers to the refinery gasoline pool.
- ITT to acquire SPX Flow for > $4.77 B, expanding leadership in highly engineered components and adjacent flow technologies 12/5
- MOL Group introduces eco-friendly Bag-in-Box packaging for lubricants 12/5
- Addis Energy secures $8.3 MM to scale its transformative approach to low-cost ammonia production 12/5
- World Fuel Services supplies cruise line with waste-based biofuels 12/5
- Chevron announced $18 B-$19-B CAPEX budget for 2026 12/5
- Russia and India sign deal to build urea plant in Russia 12/5
