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Downstream contract news

 
 
 

Idemitsu Kosan to supply biofuels to shipping industry

Idemitsu Kosan Co. Ltd has partnered with Kanematsu Corp. to become the first Japanese oil refiner to begin supplying bio-blended fuel, a blend of heavy oil and FAME, to ocean-going vessels.

 

ITT to acquire SPX FLOW

ITT Inc., a provider of highly engineered critical components, has announced it has entered into a definitive agreement with Lone Star Funds to acquire SPX FLOW, a provider of highly engineered equipment and process technologies.

 
 
 

Shell signs agreement to purchase SAF from Green Sky Capital

Shell has signed a long-term agreement to purchase SAF from Green Sky Capital, which has contributed to providing commercial certainty for investors to move forward with plans to build a commercial-scale SAF plant in Egypt.