UPM and ZERO are cooperating to enhance knowledge of sustainable fossil-free bioproducts and promote renewable fuels for transportation.
The latest downstream news
KBC has signed a consultancy agreement with China Energy Engineering North Co. Ltd for the integration of operations at six oil refineries in China.
ATS Group LLC has announced the acquisition of Willbros Tank Services from Willbros Group Inc.
The deal adds new software capabilities to improve plant performance and brings new technologies to Emerson’s Operational Certainty™ initiative.
Jack Gerard, President and CEO of API since 2008, has announced he is to step down when his contract ends in August this year.
The plant was constructed in 129 days and began producing biogas on the island of Bantayan in December last year.
Kathryn Clay has been appointed the new President of ILTA, and will take up her position on 1 March.
Natural gas spot prices at Henry Hub in 2017 averaged about US¢50/million Btu higher than in 2016, according to the US EIA.
EnergyQuest reports that Australia’s total annual exports of LNG are up 26% to a record 56.8 million t.
Gasunie LNG Holding B.V., Oiltanking GmbH and Vopak LNG Holding B.V. aim to operate an LNG terminal in northern Germany.
CITGO’s new President and CEO, Asdrúbal Chávez, has confirmed the company’s headquarters will remain in Houston, Texas, US.
VUV Analytics tripled revenues in fuels and petrochemicals in 2017 and took its first order in Saudi Arabia.
Praxair, Inc. has expanded its long-term hydrogen supply agreement with Motiva Enterprises LLC for a refinery in Texas, US.
According to the EIA, net withdrawals from natural gas storage amounted to 359 billion ft3 for the week ending 5 January 2018.
KBC has signed a consultancy agreement for the integration of oil refineries in China's Shandong Province.
UPM Biofuels and the Zero Emission Resource Organisation (ZERO) are together promoting green shift in the transport and petrochemicals sectors.
The two companies’ work will focus on creating a predictable long term operating environment for sustainable, advanced biofuels to enable climate change mitigation in transport.
The cooperation also aims to enhance knowledge of sustainable fossil-free bioproducts, such as bioplastics, as an important climate solution in the packaging and labelling industries. The work shall be conducted through continuous dialogue with policy officials and decision makers to promote the transition towards a wider bio-economy.
"ZERO is a Norwegian environmental organisation that focuses on greenhouse gas reduction through promotion of new technologies enabling emission-free energy solutions without harming the environment. ZERO and UPM Biofuels share the same vision and therefore we see great value in this cooperation," said Kåre Gunnar Fløystad from ZERO.
Maiju Helin, Head of Sustainability and Market Development at UPM Biofuels, said: “The cooperation with ZERO is a great opportunity to jointly promote sustainable low-emission solutions for the transport and petrochemical sectors, and support the transition towards both circular and bio-economy. Wood-based UPM BioVerno renewable diesel and naphtha are great examples of drop-in fuels replacing fossil fuels and significantly reducing both greenhouse gas and tailpipe emissions. UPM's wood-based naphtha also works well as a feedstock for bioplastics and other biomaterials production."