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The latest downstream news



Ophir CEO to step down

Alan Booth, currently a non-executive director of the company, has been appointed as Interim CEO and Executive Director, until a new CEO is appointed.

Sulzer launches MIXPAC MixCoat Flex

MixCoat Flex can be used for coating applications in areas with limited accessibility for standard spray equipment, like tanks and bilges in marine applications, as well as stripe coating with a low pressure spray and for a variety of water/wastewater manhole applications.

 

ADNOC and Ravago to explore opportunities for cooperation at Ruwais

The two companies will explore ways to upgrade and commercialise the non-prime product generated at Borouge, the joint venture between ADNOC and Austria-based Borealis. This process, known as compounding, would take place at the proposed facility, situated in the Ruwais Industrial Complex.

 

 
 
 
 
 
 
 
 
 

Shaping the future of LNG

When scaling down tank volumes and moving into the 'LNG as a fuel' business, a whole spectrum of operational constraints and principles for design optimisation have to be revisited. Abdoulaye Diouf, Gaztransport & Technigaz, explains.

 
 
 
 
 
 
 

 

Upcoming hydrocarbon events

 
 

 

Novvi and Chevron ink agreement

Amyris Inc. and Chevron Products Co., a division of Chevron U.S.A. Inc., have announced that Novvi LLC and Chevron have entered into an agreement to jointly develop and bring to market novel renewable base oil technologies.

Terms of the transaction have not been disclosed.

Since launching its first commercial production in 2014, Novvi has been steadily increasing its base oil production to keep up with robust and growing demand for a variety of automotive, marine and industrial applications.

Chevron is a leading manufacturer of premium base oils and one of the world’s largest suppliers of finished lubricants. Chevron has one of the world’s largest base oil manufacturing platforms through its own refining network and its base oil technology licensing position. In 2016, Chevron announced an equity investment in Novvi.

“We are very pleased that Chevron and Novvi have expanded our relationship to include base oil development and commercialisation. The combination of our organisations’ technical and operational capabilities will deliver the highest performing renewable base oils to market at scale, defining a new performance standard,” stated Jeff Brown, Novvi’s CEO. “The technology opportunities for our partnership are immense. We will work together with Chevron to ensure the industry is at the forefront of sustainability and delivers the best renewable base oils to customers around the world.”

“We at Chevron are quite excited to enter into this joint development agreement,” said Dr. Brent Lok, Manager, Chevron Base Oils Marketing and Business Development. “Novvi and Chevron each bring complementary technologies to the table; Novvi with its industry-leading expertise in working with renewable feeds and Chevron’s long-standing expertise in hydroprocessing technology.”

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