Economics
Russian wholesale gasoline prices stable, diesel up
Russian wholesale gasoline prices were steady, while diesel prices edged up amid government efforts to ensure stability on the domestic fuel market.
Honeywell offers renewable fuels technologies to refiners in Asia Pacific
Honeywell announced the availability of technologies and digital solutions to enable customers in Asia Pacific to produce renewable fuels from multiple sources of renewable feedstocks.
Launch of industry-first methanol powered sustainable shipping fund
ProMarine AG announces the launch of an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers led by Proman and Stena Bulk AB.
LyondellBasell beats profit estimates on strong demand for oxyfuels
Chemical maker LyondellBasell Industries on Friday beat third-quarter profit estimates, boosted by strong demand for oxyfuels during the summer season when more people take road trips.
SICK and Endress+Hauser want to join forces in process automation
German sensor company SICK and Swiss tech specialist Endress+Hauser are pursuing a strategic partnership in SICK's process automation sector to enhance customer support in key areas like energy efficiency, resource conservation, and environmental protection and have signed a MoU to bolster their collaboration.
Kuwait's KIPIC in talks with potential partners on petrochemicals complex
State-owned Kuwait Integrated Petroleum Industries Company is in early talks with companies to partner on an integrated petrochemicals complex worth up to $9.70 B.
LyondellBasell acquires 25% of Cyclyx joint venture, joining Agilyx and ExxonMobil to accelerate plastic waste recycling
Cyclyx International, a joint venture between Agilyx and ExxonMobil, announces LyondellBasell has acquired 25% equity ownership of the JV. LyondellBasell joining Cyclyx, further accelerates innovation and development of the necessary infrastructure for a nationwide circular economy for plastics.
Yara and Navigator invest in Azane to build ammonia bunkering network
Yara Growth Ventures AS, the venture investment arm of Yara International ASA, and Navigator Holdings Ltd. today announced that they have each successfully acquired a 14.5% interest in the Norwegian startup Azane Fuel Solutions AS.
Clariant and Technical University of Munich celebrate renewal of sustainability and catalysis alliance “MuniCat”
Clariant and Technical University of Munich have renewed their long-term strategic alliance in the field of research and application of new catalyst systems.
New acrylic resin material for automotive bodies under joint development with Honda
The Mitsubishi Chemical Group is pleased to announce that it and Honda Motor Co., Ltd. are jointly developing PMMA material for automotive body parts.
- INEOS receives €300-million grant to rejuvenate and decarbonize its Lavera plant 2/19
- AGC Vinythai commissions expanded chlor-alkali plant and e-BiTAC electrolyzers from thyssenkrupp nucera 2/19
- BASF launches AdBlue GE (green electricity) to decarbonize mobility value chain 2/19
- Carbon Neutral Fuels select Johnson Matthey, bp and Honeywell UOP technologies for UK SAF plant 2/19
- ExxonMobil starts operations on second carbon capture project in Louisiana (U.S.) 2/19
- Pall introduces two new technologies to reduce CAPEX and TCO in oil and gas processing 2/19
