Economics
Cuban oil tankers becoming regular visitors to Mexican ports
Cuba has begun using its own tankers to ramp up crude imports from Mexico, which in the second quarter surpassed Russia as a key oil provider to the fuel-thirsty island, according to vessel monitoring data.
Singapore's middle distillates stockpiles steady; imports rise
Singapore's middle distillates stockpiles were little changed as an uptick in weekly imports for both gasoil and jet fuel/kerosene capped drawdowns.
Most Russian fuel exports now pricing above G7-imposed price cap
Most Russian fuel exports from the Baltic and Black Sea regions are now pricing above a price cap set in February by a G7-led coalition designed to limit Moscow's revenues in the aftermath of its invasion of Ukraine.
Boeing says Brazil could be top SAF player
Brazil has the potential to become one of the major global players in SA), a Boeing executive said, as the sector attempts to meet its ambitious goal of reaching net-zero carbon emissions by 2050.
China crude oil demand slips by 18.8% in July
Oil prices hit new peaks with global benchmark Brent crude hitting its highest since January after a steep drawdown in U.S. fuel stockpiles helped offset some concerns of weaker demand from China.
Sarens replaces E451 heat exchanger at Hengyuan Refinery's oil plant in Port Dickson, Malaysia
Sarens has participated in the renovation and upgrading of the Hengyuan Refinery oil plant facilities by replacing the E451 heat exchanger with a new unit.
ASTM decision brings 100% SAF certification within reach
Swedish Biofuels AB announced that the ASTM International Committee has accepted the use of C2 to C5 alcohols as feedstock for the alcohol-to-jet pathway as well as a new specification for fully formulated aviation fuel with aromatics.
Hyundai Engineering & Construction awarded contract for petchem expansion at the SATORP Refinery in Saudi Arabia
Hyundai Engineering & Construction Co., Ltd. has been awarded contracts for two EPC packages related to a petrochemical expansion at the SATORP refinery in Jubail, Saudi Arabia.
Indorama Ventures almost triples its PET recycling capacity in Brazil
Indorama Ventures Public Company Limited, one of the world’s largest producers of recycled Polyethylene Terephthalate resin, announced the completion of the expansion of its recycling facility in Brazil, supported by a ‘Blue Loan’ from the International Finance Corporation, a member of the World Bank.
Evonik to supply catalyst for new Röhm MMA plant
Evonik has signed an agreement to scale up and produce custom catalyst for Röhm’s new methyl methacrylate production plant in Bay City, Texas, USA, which is due to be opened in 2024.
- 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
- Siam Cement to invest an additional $500 MM in Long Son chemical complex 11/19
- LanzaJet produces first jet fuel from ethanol at a commercial scale 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
