Economics
NextChem secures contract for new urea plant in Egypt
MAIRE announces that NextChem, through its nitrogen technology licensor Stamicarbon, has been awarded a licensing and equipment supply contract for a state-of-the-art urea melt and granulation plant in Egypt for El-Nasr Company for Intermediate Chemicals.
Vietnam aims to produce 100,000-500,000 tons of hydrogen a year by 2030
Vietnam aims to produce 100,000-500,000 metric tons of hydrogen a year by 2030 as part of its energy transition efforts, according to the country's hydrogen development strategy adopted earlier this month.
Spain's Cepsa, Apical begin work on Southern Europe's biggest biofuels plant
Spain's Cepsa and Apical Group's Bio-Oils unit began building what will be Southern Europe's largest biofuels plant able to produce 500,000 metric tons of renewable diesel and SAF per year, the companies said.
Motiva's Texas (U.S.) coker to restart in next two weeks, say sources
Motiva Enterprises plans to restart the large coker at its 626,000-bpd Port Arthur, Texas, refinery within the next two weeks.
Yemen's Houthis target fuel tanker Torm Thor in Gulf of Aden
Yemen's Houthis targeted MV Torm Thor, a U.S.-flagged, owned, and operated oil tanker, in the Gulf of Aden, the Iran-aligned group's military spokesman Yahya Sarea said, as the militants continue to attack shipping lanes in solidarity with Palestinians in Gaza.
Libya's PFG threatens to close oil facilities to press salary demands
Libya's Petroleum Facilities Guards threatened to close all oil and gas facilities in the country's western region after the end of a 10-day deadline to authorities to meet their demands, including a 67% salary rise.
Yokogawa invests in and signs memorandum on business partnership with Tsubame BHB
Yokogawa Electric Corporation announced that it has invested in and signed a memorandum on a business partnership with Tsubame BHB Co., Ltd. which has developed an ammonia synthesis method that makes use of electride catalysts.
Russia's Feb oil exports from western ports seen around 8.2 MMt
Russia’s crude oil exports and transit from its western ports are seen at around 8.2 MMt this month, in line with market forecasts.
Vitol buys first naphtha cargo from Nigeria's Dangote oil refinery
Trading house Vitol has bought the first naphtha cargo produced for export by Nigeria's new 650,000-bpd Dangote oil refinery.
Technip Energies invests in the United Airlines Ventures Sustainable Flight Fund
This innovative fund is strategically designed to leverage cross-industry support, providing start-ups working on SAF research, production and technology, with both financial and strategic capital.
- 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
- KBC launches Visual MESA Energy Management System 7.3 11/18
- MHI Compressor secures steam turbine contract at Baton Rouge (U.S.) olefins plant 11/18
