Europe
German coalition agrees financing details of hydrogen network
Germany's ruling coalition agreed a financing mechanism for the country's future hydrogen network, extending a deadline for it to be built by five years to 2037 and offering protection for investors in case of bankruptcy.
Neste and Lotte Chemical team up on renewable chemicals and plastics
Neste and South Korean chemical company Lotte Chemical are teaming up to make chemicals and plastics more sustainable and will embark on a strategic collaboration to replace fossil resources with renewable raw materials in the manufacturing of chemicals and plastics.
ACME Group and Hydrogenious LOHC Technologies to jointly explore hydrogen value chains from Oman to Europe
ACME Group and Hydrogenious LOHC Technologies, have signed a Memorandum of Understanding to collaborate on a feasibility study to explore the joint development of large-scale hydrogen supply chains from ACME’s projects in Oman to supply hubs in Europe using the innovative LOHC technology.
OCI Global and COMPO EXPERT announce long-term lower carbon ammonia supply for the production of lower carbon NPK fertilizers
OCI Global, a producer of nitrogen, methanol, and hydrogen products is supplying COMPO EXPERT, a producer of high-quality specialty fertilizers and biostimulants, with lower carbon ammonia for use in the production of COMPO EXPERT’s NPK fertilizers, with the first delivery having taken place.
Fuel exports via Russian Railways down 12.7% y/y in March
Fuel exports via Russian Railways' network fell 12.7% year-on-year in March, the Interfax news agency reported.
Henkel closes acquisition of specialized supplier for protective coating and sealing solutions
Henkel has successfully completed the acquisition of the U.S.-based Seal for Life Industries LLC from Arsenal Capital Partners.
thyssenkrupp Uhde and Genesis Fertilizers announce contract for conceptual design study for reduced-emission fertilizer plant in Canada
thyssenkrupp Uhde and Genesis Fertilizers Limited Partnership have signed a Pre-FEED contract to conceptually develop an integrated fertilizer complex to be located at Belle Plaine, Saskatchewan in Canada.
Turkey, Brazil remain main importers of Russian seaborne diesel
Turkey and Brazil remain the main importers of Russian seaborne diesel and gasoil since the European Union sanctions banned the import of Russian refined products.
SIAD Americas LLC established by SIAD Macchine Impianti S.p.A.
SIAD Macchine Impianti S.p.A., a wholly owned subsidiary of SIAD S.p.A., has announced the formation of SIAD Americas LLC which will be headquartered in The Woodlands north of Houston, Texas (U.S.).
Borouge commits to net-zero in its operations by 2045
Borouge, a leading petrochemicals company that provides innovative and differentiated polyolefins solutions, has committed to achieving net-zero across its scope 1 and 2 carbon emissions by 2045.
- India receives fuel oil cargo in Russian SCF tanker after brief halt 4/26
- Biden administration (U.S.) to release SAF tax credit model 4/26
- Boeing, Wagner advance Australia’s SAF Industry 4/26
- S-Oil expects Q2 refining margins to remain steady then trend upward 4/26
- Vitol to charter supertankers from U.S. to Nigeria's Dangote refinery 4/26
- Refiner Valero beats profit estimates on resilient demand, tight supplies 4/26
