Petrochemicals
U.S. issues partial guidance on clean fuel subsidies, chafing ethanol makers
The U.S. government has released short-term guidance on how companies can secure clean fuel tax credits under the Inflation Reduction Act, but fell short of finalizing the program's key details.
New York City lawsuit against Exxon, bp, Shell over climate change dismissed
A judge has dismissed New York City's lawsuit seeking to hold ExxonMobil, bp and Shell liable for misleading the public about their products, and their commitment to renewable energy and fighting climate change.
Clariant to fight 1.4-B euro ethylene lawsuit from BASF
Swiss chemicals group Clariant said it will defend itself against a claim from German rival BASF seeking 1.4 billion euros ($1.44 billion) in damages over allegations that it broke competition law in the ethylene purchasing market.
Poland's Orlen plans to invest up to nearly $92 B by 2035
The company aims to meet all of Poland's domestic natural gas demand over the next decade by increasing production and boosting LNG contracting, as well as adding gas-fired power generation capacity, energy storage and other infrastructure.
Genesis Fertilizers, Stamicarbon partner to advance sustainable urea production
Genesis Fertilizers has signed Process Design Package and license agreements with Stamicarbon to advance its proposed low-carbon nitrogen fertilizer facility in Belle Plaine, Saskatchewan, Canada.
Sinopec Shanghai Petrochemical to invest $2.9 B to upgrade Chinese operations
To maintain its capacity in crude oil processing and make other operational upgrades, the company will shut down existing 18 sets of oil refining devices and install new ones. The new installations will have a capacity to refine 1.2 MMtpy of ethylene.
Avina Clean Hydrogen completes FEED for 800,000-tpy clean ammonia facility (U.S.)
Avina Clean Hydrogen announced the successful completion of front-end engineering design (FEED) and front-end-loading (FEL-3) for its 2,200-tpd clean ammonia facility located in Texas Gulf Coast.
INEOS closes last remaining synthetic ethanol plant in the UK
High energy prices and high carbon taxes have forced the closure of this strategic UK asset. Sir Jim Ratcliffe, Chairman of INEOS says, “De-industrializing Britain achieves nothing for the environment. It merely shifts production and emissions elsewhere."
Vioneo to use Honeywell UOP's methanol-to-olefins technology for Antwerp plant
Vioneo will use Honeywell's advanced methanol-to-olefins conversion technology to produce plastics without the need for traditional feedstock made from fossil fuels
Solvay and Hankook sign Memorandum of Understanding for circular silica
Solvay and Hankook announced the signing of a Memorandum of Understanding (MOU) to collaborate on the development of circular silica coming from biosourced and waste sourcing for tire production.
- Jinggong Group, Yokogawa sign multi-faceted strategic partnership on mutual business development 6/11
- USA BioEnergy secures long-term feedstock supply for $2.8-B SAF refinery in Texas (U.S.) 6/11
- GameChange Solar secures 450-MWp order for green ammonia project in Oman 6/11
- Russia's offline primary oil refining capacity revised up 21% in July 6/11
- Borouge awards ADNOC L&S 15-year contract to accelerate growth of UAE petrochemical exports 6/11
- TOYOTA GAZOO Racing unveils liquid hydrogen-fueled "GR LH2 Racing Concept" at Le Mans 6/11
