Europe
HP Impact: The modern world of steel
The World Steel Association recently published the 2012 edition of “World Steel in Figures.” This study provides essential facts and statistics about the global steel industry, including inf..
HP Impact: EU chemicals sector output down in 2011
European Union (EU) chemicals production recorded a 1.9% decrease in the first four months of 2012 compared with the same period in 2011, according to the latest Cefic Chemicals Trends Report. Monthly..
Lukoil licenses UOP technology for petrochemicals, gasoline production in Russia
Lukoil will license an integrated suite of UOP technologies to produce high-quality gasoline blending components, propylene and other petrochemicals at its facility in Nizhny Novgorod, Russia. Russia is the third largest energy consumer in the world, and demand is growing due to higher economic activity.
Amyris, Total to align on renewable diesel, jet fuel
Total dedicated an $82 million funding budget over the next three years exclusively for the deployment of Biofene, Amyris's renewable farnesene, for production of renewable diesel and jet fuel. Under Tuesday’s announcement, Total agreed to fund $30 million during the third quarter of 2012.
Gasoline profits decline for European refiners amid weak demand - analysts
Massimo Vacca, head of investor relations at Italy's Saras, said the recent rise in crude prices and in gasoline stocks had contributed to the squeeze on refiners' profits. Profits on gasoline in Northwest Europe have nearly halved to $10.73/ton from $19.23/ton, the lowest level in over two months.
Clariant buys full share in Ukraine catalyst venture
The Süd-Chemie Alvigo Catalysts GmbH (SCAC) venture is a leading producer of syngas catalysts, based in the Ukraine. The signing of the deal took place at the end of June, with closing subject to merger control approval, according to company officials. The purchase price was not disclosed.
Foster Wheeler wins top UK achievement award on health, safety performance
The Order of Distinction is RoSPA’s highest achievement award and is presented to those companies which have attained at least 15 consecutive RoSPA Gold Awards for outstanding health and safety performance on projects around the world. It is the fifth successive year that Foster Wheeler has won.
TNK-BP, Sibur to partner on hydrocarbon feedstock
The Russian companies reached agreement on the indefinite continuation of their Yugragazpererabotka gas processing joint venture, with contracts under the joint venture framework extended through 2026.
Essar, Barclays reach crude oil supply deal for UK Stanlow refinery
Under the three-year deal announced Wednesday, Barclays has already started buying crude for the Stanlow refinery, the UK's second largest at 296,000 bpd. Barclays has also taken control of inventories of crude oil and refined products on the site worth $700 million, Essar said.
Eni forms partnership with Genomatica, Novamont on bio-based butadiene
The partnership, on the basis of which a joint venture will be established, will develop a comprehensive end-to-end process for production of polymer-grade butadiene from biomass, Versalis said. The agreement aims to bring together the core competencies of all three companies.
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