Downstream contract news

BP has reached an agreement to sell its Gelsenkirchen refinery and related businesses to Klesch Group, an independent European refiner.

Ebara Elliott Energy and NuScale Power Corp. (NuScale) have announced a collaborative research programme to demonstrate and field test a commercial scale high-temperature steam compressor to integrate NuScale Power Modules™ (NPM) with petrochemical plants needing process heat.

Abundia has announced that it has entered a multi-project licensing agreement with Topsoe to deploy its HydroFlex® technology for the upgrading process at Abundia's waste-plastics-to-renewable products recycling facility in Baytown, Texas, US.

Baker Hughes has announced a substantial 60 month service award from Petrobras to support critical turbomachinery equipment for Brazil’s offshore operations as well as a major refinery.

Technip Energies has signed an agreement with Verso Energy to acquire a minority equity stake in the DEZiR project, an eSAF plant located in Rouen, France.

thyssenkrupp nucera has been awarded the FEED study by Juno Joule for a 260 MW green hydrogen electrolysis project in India.

JERA Co., Inc. has signed a memorandum of understanding with Korea Gas Corp. with the aim of strengthening energy security in Japan and the Republic of Korea.

Evonik has announced the expansion of its collaboration with IMCD into the US market for VISIOMER® specialty methacrylates.

Axens has joined Downer Group, CEA, and H2Potential who have been developing a pre-FEED study for an Australian efuels plant under FACET.

SIAD Group has announced the construction of a new manufacturing facility for compressors in Seriate, Bergamo, Italy, with a planned investment of €18 million, scheduled for completion by mid-2026.