Downstream contract news

Boeing has agreed to purchase 7.5 million gal. of blended Neste MY Sustainable Aviation Fuel™ in 2024 to support its US Commercial Airplanes business operations in reducing its greenhouse gas (GHG) emissions.

Heraeus Precious Metals has introduced its new offering for products made with 100% recycled precious metals.

Nippon Express Holdings Inc. has begun offering the NX-GREEN SAF programme in Japan.

Prada Group has announced its first investment in sustainable aviation fuel (SAF) credits, utilising DHL Global Forwarding’s GoGreen Plus service.

Repsol is entering the biomethane market with an agreement to take a 40% shareholding in Genia Bioenergy.

Air Liquide is continuing to expand its capacities in biomethane (RNG) with the construction of two new production units.

The EIA reports that US ethane production, consumption, and exports established new record highs in 2023.

Honeywell has announced that Petróleos del Perú S.A. (Petroperú), one of the largest hydrocarbon producers, refiners and distributors in Peru, will implement Honeywell's cybersecurity solutions.

Lummus Technology has announced that SABIC Fujian Petrochemical Co. Ltd's grassroots complex in Fujian Province, China, will leverage Lummus' ethylene and co-monomer technologies.

Neste has started supplying sustainable aviation fuel (SAF) to Emirates at Amsterdam Airport Schiphol, expanding the partnership the two companies announced in October 2023.