Downstream news
NEXTCHEM completes acquisition of GasConTec
MAIRE has announced that NEXTCHEM has finalised the acquisition of 100% of GasConTec GmbH, a company specialised in technology development and process engineering.
EIA: higher refining costs could increase summer gasoline prices
The EIA reports that average monthly prices for regular-grade retail gasoline in the US could increase by more than 10 cents per gal. if refinery output is lower than expected.
Ethylene downcycle puts 24% of global capacity at some risk of closure
A series of unprecedented challenges to the global ethylene industry means that as much as 24% of global capacity is now under some threat of permanent closure, according to new research by Wood Mackenzie.
MOL's polyol complex in Tiszaújváros inaugurated
MOL's €1.3 billion polyol complex in Tiszaújváros, Hungary, boasting a capacity of around 200 000 tpy of polyol, has been inaugurated.
KBR awarded digital solutions contract by OCI
KBR has been awarded a contract by OCI Global to design and deploy its proprietary operator training simulator for OCI’s Texas Blue Clean Ammonia facility in Texas, US.
Worley to support Bayou Bend CCS project
Worley has been selected to design and evaluate carbon dioxide gathering, handling and sequestration facilities for the Bayou Bend CCS LLC joint venture.
Honeywell launches new naphtha technology
Honeywell has announced a transformational new naphtha to ethane and propane (NEP) process.
API announces partnership with the Brazilian Petroleum and Gas Institute
This agreement formalises an important alliance aimed at strengthening collaboration and technical exchanges between both organisations and its members.
Stanlow Refinery celebrates Centenary
EET Fuels will host a series of events to celebrate the 100th anniversary of the Stanlow Refinery.
NEXTCHEM partners with Johnson Matthey
NEXTCHEM and Johnson Matthey have agreed to partner up for the commercialisation of the Circular Methanol™ technology package worldwide.