Economics
Haiti fuel terminal operations halted as gangs seize trucks
Operations at Haiti's main fuel import terminal were suspended as armed men seized trucks and demanded the port be shut down, according to a source with information on the matter, likely exacerbating existing fuel shortages.
IOCL selects Lummus' cumene technology
Lummus Technology announced IndianOil Corp. Ltd. selected the Lummus/Versalis cumene technology for a 440 KTA unit in Paradip, India.
Hanwha Ocean, Amogy and Hanwha Aerospace forge partnership to decarbonize maritime sector with ammonia as a zero-emission fuel
Hanwha Ocean, Amogy and Hanwha Aerospace announced a partnership aimed at accelerating the decarbonization of the maritime industry through the deployment of Amogy’s zero-emission ammonia-to-power technology for ammonia-powered vessels.
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.
BHP says it aims to receive first ammonia-fueled bulk carrier in 2026
Australia's BHP Group is planning to receive its first ammonia-fueled bulk carrier in 2026 as part of the company's plans to cut shipping emissions.
Biofuels refiner Ecoceres expects Malaysia unit to start up in second half 2025
Biofuels refiner Ecoceres is aiming to start up its Malaysia-based biofuels production unit in the second half of 2025.
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.
Renewable fuels project in Canada begins production
A Fluor Corporation project reached a major milestone recently with the production startup of the Braya Renewable Fuels facility in Come by Chance, Newfoundland and Labrador, Canada.
- Brazil's Timbro to export 40% more sugar, enter ethanol market in 2024 4/24
- LG Chem denies report it will merge naphtha cracker business with Lotte Chemical 4/24
- Crude and gasoline stocks fell, distillate stocks rose last week, EIA says 4/24
- INERATEC secures state-of-the-art catalysts from Sasol for the production of sustainable e-fuels 4/24
- JX to join forces with Sumitomo at large scale SAF/BECCS project in Louisiana (U.S.) 4/24
- WestJet buys first Canadian-supplied SAF by Shell Aviation 4/23
