Europe
Quaker Houghton completes its acquisition of Dipsol Chemicals and announces its acquisition of Natech
Quaker Houghton, a global industrial process fluids company, has completed its previously announced acquisition of Dipsol Chemicals, a supplier of surface treatment and plating solutions and services primarily for the automotive and other industrial applications, for ~$153 MM.
KazMunayGas starts building polyethylene plant with Sinopec, SIBUR
The plant will have a pyrolysis unit which will use the technology of the U.S.-based Lummus, an ethylene polymerization unit using the technology of Chevron Phillips Chemical and Univation Technologies, as well as a butene unit using Axens technology
Varo buys Swedish refiner Preem in bet on biofuels
Varo Energy, backed by private equity giant Carlyle Group and the world's biggest trading house Vitol, said it had agreed to buy Swedish refiner Preem, betting on growing demand for biofuels.
INEOS Enterprises completes the sale of INEOS Composites to KPS Capital Partners for €1.7 B
INEOS Enterprises has completed the sale of its composites business to KPS Capital Partners for approximately €1.7 B. The composites business is a global leader in producing resins and gelcoats that are used to make strong, lightweight composite plastics found in everything from cars and boats to buildings and electronics.
Maersk names dual-fuel methanol vessel “Adrian Mærsk” at Rotterdam flagship terminal
Maersk has celebrated the naming of the dual-fuel methanol ship Adrian Mærsk at its APM Terminals Maasvlakte II terminal in Rotterdam.
Russia increases fuel, diesel supply to Bolivia amid rising energy crisis
Russia is increasing exports of motor fuels to Bolivia, according to data from LSEG vessel tracking and industry sources, as an energy crisis worsens in the Latin American country and Moscow needs to expand sales hit by Western sanctions.
bp plans to sell its mobility and convenience business in Austria
bp announced its intention to sell its mobility and convenience business in Austria.The marketing process will begin immediately, with the aim of reaching sale completion by the end of 2025, subject to regulatory and all relevant approvals.
Eni, Saipem extend collaboration agreement in biorefining
Eni, Saipem extend collaboration agreement in biorefining. Eni will further develop its biorefining capacity through the development of new initiatives for producing biofuels for both aviation and land/maritime transportation.
BASF, Forestal collaborate on advanced e-methanol production using OASE® technology
BASF and Forestal have signed an early disclosure agreement aimed at advancing the production of e-methanol through carbon capture solutions. Under this strategic partnership, BASF has been selected to share its proprietary OASE® blue technology for use in Forestal’s pioneering Triskelion project in Galicia, Spain.
Signature Aviation brings blended sustainable aviation fuel to six new European locations
Signature Aviation has announced the expansion of its blended sustainable aviation fuel (SAF) offering at six new locations across Europe following multiple blended SAF supply agreements.
- LyondellBasell to sell select European petrochemical assets to AEQUITA 6/9
- Shell reports June 4 fire at ethylene cracker plant in Pennsylvania (U.S.) 6/9
- Plug Power, Allied Green Ammonia partner for $5.5-B, 2-GW electrolyzer project to produce SAF, green urea and green diesel 6/9
- Carbon Clean, MODEC to accelerate the scale-up of CycloneCC for offshore carbon capture 6/9
- Ebara Elliott Energy signs high-speed balancing bunker agreement to expand Middle East footprint 6/9
- Rotork joins Rockwell Automation’s Technology Partner Program 6/9
