Downstream contract news
Olin and Huntsman shareholders approve transformative merger of equals
Olin Corp. and Huntsman Corp. have announced that their respective shareholders have approved the proposals necessary to complete the companies' previously announced all-stock merger of equals.
ExxonMobil and LyondellBasell among potential buyers of Shell’s US chemicals assets
Shell is looking to sell its US chemical assets, with reports that it could fetch up to US$8 billion, with interest expressed from ExxonMobil and LyondellBasell, the Financial Times has reported.
Axens supplies gasoline desulfurisation unit to Raízen in Argentina
Axens and Raízen have announced the start-up of a Prime-G+® FCC gasoline desulfurisation unit at Raízen’s refinery in Argentina, marking the 300th Prime-G+ unit licensed worldwide in 25 years.
Mantel raises strategic investment to scale commercial carbon capture deployment
Mantel has announced a new strategic investment from Constellation Technology Ventures (CTV) and Azimut Investments to scale carbon capture across heavy industry.
Aduro selects Saipem for HCT facility at Chemelot
Aduro Clean Technologies has announced the selection of Saipem for Early Works and Services supporting the development of Aduro's planned First-of-a-Kind Hydrochemolytic™ Technology Facility at Chemelot in the Netherlands.
Shell develop terminal expansion with Therma Cebu Energy
Shell Pilipinas Corp. is progressing with a terminal expansion in Cebu, strategically located in the Visayas, the Philippines, to strengthen the availability of energy products and enhance supply chain resilience.
INEOS agrees to acquire ethylene dichloride asset from administration
INEOS Inovyn has confirmed that it has agreed to acquire the remaining 50% shareholding in Runcorn MCP Ltd, together with the assets and employees associated with ethylene dichloride production at Runcorn from Vynova Runcorn Ltd, UK.
Haldia Petrochemicals set to inaugurate phenol and acetone facility
Haldia Petrochemicals Ltd. is set to inaugurate its new phenol and acetone manufacturing facility in October 2026, West Bengal, India, according to various media outlets.
AFPM: why fuel prices are not moving in lockstep with crude oil
The AFPM has gathered the following perspectives from analysts and reporters to help explain why fuel prices today are not moving in lockstep with crude oil prices, and why refining capacity has become one of the most important factors shaping what consumers pay at the pump.
Ebara Elliott Energy and Doosan Enerbility partner on advanced compressors
Ebara Elliott Energy and Doosan Enerbility have signed a Memorandum of Understanding to co-develop advanced gas turbine-driven centrifugal compressors for the LNG industry.