Downstream contract news

OXCCU, a carbon-to-value company converting carbon dioxide and hydrogen into sustainable aviation fuel (SAF), has received funding through the ATI Non-CO2 Programme.

Yokogawa Electric Corp. has announced that it has acquired Intellisync, a provider of cybersecurity and digital transformation solutions, and WiSNAM, a developer of grid control and energy management solutions.

Bright LyondellBasell Petrochemical Co. Ltd (BLYB) have announced the use of refinery ethane as a stable and efficient feedstock in its ethylene cracker unit.

Chevron Lummus Global (CLG) has announced an agreement that will enhance its catalyst business by reshaping how it develops, sells and supports a portion of the Advanced Refining Technologies catalyst portfolio.

SAMSUNG E&A has secured a US$47 million engineering, procurement, and fabrication (EPF) contract for a low-carbon ammonia plant in the US, marking its entry into the US energy market.

Rockwell Automation has announced that Nippon Gases is undertaking a modernisation programme that will see legacy Rockwell controllers replaced with contemporary ControlLogix programmable logic controllers (PLC).

Westlake Chemical Partners LP have announced that Westlake Chemical OpCo LP and Westlake Corp. agreed to renew the ethylene sales agreement between the parties through 31 December 2027.

Albemarle Corp. has announced it has entered into a definitive agreement to sell a controlling stake in Ketjen Corp.’s refining catalyst solutions business to KPS Capital Partners, LP (KPS).

Chiyoda has announced that it has been awarded the FEED contract for installing SAF production facilities in Taiyo Oil’s Okinawa Operations, Japan.

BPCL and Oil India are set to build an integrated greenfield refinery and petrochemical plant in Ramayapatnam, India, with an estimated investment of IR1 lakh crore (US$11 billion).