Carbon Management
American Airlines, Gevo sign agreement for purchase of SAF
American Airlines announced it has finalized an agreement with biofuel company Gevo, Inc. for SAF. Over five years, American has committed to purchasing 500 MM gallons of SAF, the most significant SAF offtake commitment to date for the carrier.
Technip Energies wins contract with Neste for renewable products refinery expansion in Rotterdam
Technip Energies has been awarded a significant contract by Neste for the expansion of their renewable products production capacity in Rotterdam, the Netherlands, as part of the existing Partnership Agreement between Technip Energies and Neste.
P2X-Europe hits milestone for power-to-liquids project in Portugal
The PIN Award is a qualification reserved for investments that make a significant contribution to the country’s economy. The formal recognition is an official expression of confidence as it endorses overall project design as well as economic, financial, technical, and environmental viability.
INNIO Waukesha and Detechtion Technologies announce technology collaboration
INNIO Waukesha Gas Engines Inc, and Detechtion Technologies Inc. announced a technology collaboration that will expand asset connectivity, drive a customer-centric digital ecosystem and empower our customers' transition to decarbonization.
Boeing and Alder Fuels partner to scale SAF globally
Boeing and Alder Fuels announced a new partnership to expand production of sustainable aviation fuel (SAF) around the world. Using Boeing airplanes, the companies will test and qualify Alder-derived SAF, advance policies to expedite the transition to renewable energy in aviation.
Technip Energies and National Petroleum Construction Company create joint venture to accelerate energy transition
The new joint venture NT ENERGIES LLC aims to support energy transition in the UAE, the broader Middle East region and North Africa by providing added value services in blue and green hydrogen and related decarbonization projects
The downstream rundown: In case you missed it 7/15
In case you missed any downstream news, here are the top stories from last week.
BP aims to start producing SAF in Australia by 2025
BP is aiming to start producing sustainable aviation fuel (SAF) in Australia by 2025 after converting its oil refinery near Perth to produce renewable fuels.
Shell wants to share more of its blockbuster profits, CEO says
Shell is considering boosting shareholder returns on the back of bumper profits from soaring energy prices, while the extra cash will also help it shift more swiftly towards renewables and low-carbon energy.
Neste to receive funding from the EU Innovation Fund for chemical recycling project in Porvoo
Neste has received a positive grant decision for up to EUR 135 MM from the EU Innovation Fund for the company’s project to build chemical recycling capacities at its Porvoo refinery in Finland.
- INEOS to invest €250 MM in Lavera cracker modernization project in France 11/19
- BASF adds ISCC EU certification to certified biomass-balanced methanol portfolio 11/19
- Ducor Petrochemicals, Blue Circle Olefins partner to create a fully circular supply chain for polypropylene 11/18
- World's first: Air Liquide’s innovative technology converts ammonia into hydrogen at industrial scale 11/18
- Borouge to supply advanced polyolefin solutions for next-generation vehicles 11/18
- ASTM International signs MoU with Gulf Cooperation Council Laboratory Company for Technical Services (GCC Lab TSCo.) 11/18
