Products
ADNOC and EGA sign $500-MM deal to localize supply of key raw material in aluminum production
ADNOC and Emirates Global Aluminium (EGA) announced a five-year $500-MM supply agreement for up to 1.5 MMt of calcined petroleum coke (petcoke) from the Ruwais refinery (UAE), a key raw material used in aluminum production.
hte and Heraeus Precious Metals collaborate on catalytic ammonia cracking
hte and precious metals specialist Heraeus Precious Metals signed a R&D service agreement. The main focus of this collaboration is the screening of different materials for catalytic ammonia cracking in order to obtain hydrogen.
Neste starts to supply SAF to FedEx at Los Angeles International Airport (U.S.)
Neste and FedEx have agreed on the supply of 8,800 metric tons (> 3 MMgal) of blended Neste MY Sustainable Aviation Fuel to FedEx at Los Angeles International Airport (LAX). It is the largest SAF purchase by a U.S. cargo airline at LAX to-date.
Brazilian sugarcane processors mulling switch to more ethanol production
Some sugarcane processors in Brazil are closely following the price gap between sugar and ethanol and could start making more of the biofuel if sugar prices continue to fall and oil prices continue their recovery from recent lows.
Mitsui Chemicals studying use of ethanol to make petrochemicals
Mitsui Chemicals is studying the use of ethanol as a feedstock in its naphtha crackers to improve competitiveness amid oversupply in the global petrochemical sector
Lotte Chemical to start operating Indonesia cracker in H2 2025
The new cracker which has the capacity to produce 1 MMtpy of ethylene is part of a $3.95 billion project at Cilegon, in Indonesia's Banten province.
hte, Mitsubishi Chemical partner to screen MMA oxidation catalysts
hte signed a contract with Mitsubishi Chemical to provide research services for the screening of MMA oxidation catalysts. The research project included an accelerated aging study, with the aim to qualify a catalyst with extended lifetime properties for the commercial operations.
U.S. EPA to rule on backlog of small refinery biofuel exemption requests
There are 161 applications for exemptions from the U.S. Renewable Fuel Standard pending. The EPA's decision will have significant implications for the multi-billion-dollar credit market that underpins the biofuel program.
Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business
Phillips 66 announced that its subsidiary, Phillips 66 Continental Holding GmbH, has entered into a definitive agreement to divest a 65 percent interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak.
- Asian gasoline margin spikes to highest since August 2023 11/14
- Lukoil-Moldova grants free use of airport fuel terminal to government amid U.S. sanctions 11/14
- Croatia rejects Russian vacuum gasoil cargo after U.S. sanctions 11/14
- Bulgaria wins UK sanctions reprieve on refinery, petrol stations 11/14
- China's Sinochem shuts one crude unit at Quanzhou after fire 11/14
- Enbridge approves $1.4-B project to boost Canadian oil flows to U.S. refiners 11/14

