Imperial Oil Ltd said on Thursday that it plans to invest C$720 MM ($538.64 MM) to construct a renewable diesel facility near its Strathcona refinery at Edmonton, Canada.
The facility has an anticipated annual capacity of up to 1.8 MMt and will meet growing domestic and international demand for this clean and versatile chemical commodity.
Japanese oil refiner Taiyo Oil Co plans to shut two crude distillation units (CDUs) at its 138,000 bpd Shikoku refinery in western Japan in the summer for scheduled maintenance.
IRENA will continue to expand its collaboration with ICS and partners in the shipping sector to further strengthen the CEM Hubs initiative and accelerate the use of renewables-based fuels in the shipping and other end-use sectors.
BASF has broken ground on the third and final phase of the methylene diphenyl diisocyanate expansion project at its Verbund site in Geismar, Louisiana.
The $1.3 B EPC Lump Sum contract, already announced on December 21, 2022, is part of this complex and has been awarded to Tecnimont by a Joint Venture composed of QatarEnergy and Chevron Phillips Chemical.
QatarEnergy and Chevron Phillips Chemical Company LLC announced they will proceed on construction of a $6 B integrated polymers complex in Ras Laffan Industrial City, Qatar.
Samsung Engineering will be in charge of the major ethylene production facilities with its scope of work including furnaces, C2 hydrogenation, hydrogen purification unit and three main compressors.
The five-year framework agreement contract covers front-end engineering design (FEED), project management, and associated services for KOC’s major projects.
Maire Tecnimont announced that its subsidiaries Tecnimont, KT-Kinetics Technology and Stamicarbon have been awarded several new contracts for an overall value of approximately $280 MM.