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U.S. exits carbon talks on shipping, urges others to follow

The U.S. has withdrawn from talks in London looking at advancing decarbonization in the shipping sector and Washington will consider "reciprocal measures" to offset any fees charged to U.S. ships.

Indian Oil Corp to build $7.1-B dual-feed cracker in Odisha state

Indian Oil Corp will build a $7.1-B, 1.5-MMtpy dual-feed naphtha cracker near its Paradip refinery in Eastern Odisha state,

bp halts plans to make clean jet fuel at Spain plant

bp has decided to halt plans to produce clean jet fuel at its Castellon oil refinery in Spain. The decision to pause the biofuel investment was driven by weaker-than-anticipated growth in the market.

India's HPL to start maintenance turnaround at Haldia petrochemical complex in mid-April

HPL has a 700,000-metric ttpy ethylene plant, 491,000 tpy of chemical processing capacity and about 1 MMtpy polymer processing capacity at its manufacturing facility in Haldia in the eastern state of West Bengal.

BDI signs contract with Ghent Renewables for the construction of a new biofuel feedstock pre-treatment plant

In Austria, BDI-BioEnergy International has signed a contract with Ghent Renewables BV to begin the construction of a pioneering biofuel feedstock refinery plant. This facility will be unique in its approach, integrating advanced technologies for the refining of feedstock for sustainable fuels.

China's Wanhua Chemical starts operation at new east China cracker

China's Wanhua Chemical Group has successfully started up its 1.2-MMtpy mixed-feed cracker in east China's Shandong province and achieved on-spec production of ethylene.

Brookfield Infrastructure announces the acquisition of Colonial Enterprises for $9 B

Brookfield Infrastructure Partners L.P. and its institutional partners reached a definitive agreement to acquire 100% of Colonial Enterprises, which includes the Colonial Pipeline, for an enterprise value of approximately $9 B. Colonial is comprised of the largest refined products system in the U.S., spanning approximately 5,500 miles between Texas and New York.

Evonik presents innovative "Debonding on Demand" concept for more sustainable bonding

Evonik has developed a groundbreaking "Debonding on Demand" concept to meet the growing demands of today's manufacturing industry for the circular economy by improving the sustainability of bonding. This innovative technology was developed to meet the urgent need for adhesives that can be easily removed for recycling and repairs.

Mabanaft, HIF Global sign agreement to accelerate e-methanol adoption in the shipping industry

Energy company Mabanaft and HIF Global have signed a Heads of Agreement (HoA) for the planned offtake of e-methanol, reinforcing their commitment to advancing carbon-reducing fuels for the shipping industry. The initial offtake would be of up to 100,000 tpy of e-methanol produced from renewable electricity and captured CO₂.

Burckhardt Compression awarded digital monitoring services contract for a chemical plant in Saudi Arabia

Burckhardt Compression has won a significant order for digital monitoring services in Saudi Arabia. This solution includes state-of-the-art PROGNOST® NT system to upgrade and digitalize a major customer’s reciprocating compressor installation in the Middle East.