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Europe

Argentina files complaint against EU over Spanish blockage of biodiesel

Argentina's Foreign Ministry said Spain's rules were an attempt to stop developing countries from gaining more control of global value chains and evolving beyond their role as suppliers of raw materials, according to a statement. With the complaint, Spain now has 60 days to show its rules are fair.

Honeywell develops fuel-saving flight management software for airliners

Some estimates place potential benefits at as much as 3% in savings on reduced fuel use. Others project as much as $200,000 in annual savings per plane while cruising long oceanic routes. United Continental Holdings is running demonstration flights to verify such estimates.

Novozymes pressured by weak US biofuels market

Bioethanol production and profitability has been hampered by the drought in the US, which has pushed up the prices for corn, the main ingredient in the production of biofuel. Additional pressure has been added by a decline in overall fuel consumption in the US, the Novozymes executive said.

BASF joins collaboration to develop bio-acrylic acid

BASF, Cargill and Novozymes recently signed an agreement to develop bio-based technologies to produce acrylic acid from renewable feedstocks. The annual global market volume of acrylic acid is around 4.5 million tons, with a value of $11 billion at the end of 2011.

Materia extends global catalysts distribution pact with Sigma-Aldrich

Materia’s olefin metathesis catalyst technology enables chemical compounds to be synthesized with greater efficiency, under less stringent reaction conditions, and with reduced byproducts and hazardous waste, according to the company. Financial details were not disclosed.

Invista to expand aromatic polyester polyols plants in Netherlands, US

The investments involve upgrades to boost global production volumes of the Terate HT polyols product line to help meet growing global demand for INVISTA’s aromatic polyester polyols, according to the company. Financial commitment for the expansions will be in the "millions of dollars".

Evonik begins building German polybutadiene plant, plans mid-2013 startup

The plant is scheduled for completion in the middle of 2013. Functionalized polybutadienes, which Evonik plans to market under the name POLYVEST HT, are used mainly in sealing compounds for insulated glass windows and for adhesives used in the automotive and electronics industries.

CB&I wins work on BASF Belgium butadiene project

This award, valued in excess of $50 million, builds on CB&I’s existing relationship with BASF as licensor of its butadiene technology, according to the companies. The plant is scheduled to start up during 2014.

Shell picks Jacobs as European downstream services provider

HP Editorial Staff: HP News

Under a five-year deal, Jacobs will perform work ranging from feasibility studies and small plant modifications to discrete projects for major Shell refining and chemical sites.

Global refinery runs poised to rise amid growth in developing countries

The IEA forecast shows that despite concerns about growth in emerging economies, such as China, demand from there is still growing and refining margins still have room to improve. China's crude intake is likely to increase in the coming months, just at a slower pace than previously expected.