http://www.hydrocarbonprocessing.com Hydrocarbon Processing http://web1v10.hydrocarbonprocessing.com/news/2025/07/valero-energy-beats-q2-profit-estimates-as-refining-margins-improve/ Refiner Valero Energy beat Wall Street estimates for second-quarter profit as a rebound in refining margins helped cushion the loss in its renewable diesel unit. http://web1v10.hydrocarbonprocessing.com/news/2025/07/dow-forecasts-sales-below-estimates-slashes-dividend-as-downturn-takes-a-toll/ Dow halved its dividend and forecast third-quarter revenue below analysts' expectations as the chemicals maker navigates a prolonged downturn in the industry, sending its shares down nearly 10% in premarket trading. http://web1v10.hydrocarbonprocessing.com/news/2025/07/german-chemical-lobby-vci-sees-no-sector-recovery-before-2026/ Germany's chemical industry lobby VCI does not expect a sector upswing before 2026, even though the rapid downtrend the chemical-pharmaceutical industry has seen in recent years seems to be over. http://web1v10.hydrocarbonprocessing.com/news/2025/07/dow-to-close-three-european-chemical-plants-cut-800-jobs/ Dow Chemical will shut down three chemical plants in Europe and cut around 800 jobs in response to structural challenges in the region, the chemicals company said. The company said the shutdowns will remove higher-cost, energy-intensive portions of Dow's portfolio in Europe. http://web1v10.hydrocarbonprocessing.com/news/2025/07/gunvor-plans-to-halt-oil-terminal-activities-at-europoort-refinery/ Global commodities trading house Gunvor intends to mothball the terminal activities at its Europoort oil refinery in Rotterdam, Netherlands http://web1v10.hydrocarbonprocessing.com/news/2025/07/brazils-petrobras-to-invest-48-b-in-integration-between-reduc-refinery-and-boaventura-complex/ Brazilian state-run oil firm Petrobras will invest 26 billion reais ($4.8 billion) in an integration between the Reduc refinery and the Boaventura energy complex in Rio de Janeiro state. http://web1v10.hydrocarbonprocessing.com/news/2025/07/uks-insolvent-lindsey-oil-refinery-secures-some-crude-supply-to-keep-running-for-now/ Britain's insolvent Lindsey oil refinery has secured some crude supplies to stave off immediate closure, the UK energy ministry said, but a source familiar with the situation said the agreement with supplier Glencore was limited. http://web1v10.hydrocarbonprocessing.com/magazine/2025/june-2025/trends-and-resources/hp-people/ 3t appoints Patty Eid as COO http://web1v10.hydrocarbonprocessing.com/news/2025/07/studi-tecnologie-progetti-spa-signs-agreement-to-upgrade-attock-refinery-in-pakistan-for-600-mm/ Studi Tecnologie Progetti S.p.A. announced that it has signed a $600-MM contract with Attock Refinery Ltd. for the modernization of the Rawalpindi refinery in Pakistan. http://web1v10.hydrocarbonprocessing.com/news/2025/06/oci-global-completes-19-b-sale-of-oci-methanol-to-methanex-corporation/ OCI Global announced the successful closing of the divestment of 100% of its equity interests in its Global Methanol Business (OCI Methanol) to Methanex Corporation (Methanex) for $1.9 B.