Downstream contract news

Svante Technologies Inc., a carbon capture and removal solutions provider, has announced an investment from InBC Investment Corp., a strategic investment fund created by the Province of British Columbia.

Topsoe and Aramco have signed a joint development agreement (JDA) to produce low-carbon hydrogen using Topsoe’s eREACT™ technology at the Shaybah Natural Gas Liquids (NGL) recovery plant in Saudi Arabia.

Zeren Group has successfully completed its acquisition of Türkiye Petrolleri (TP Petrol Dagitim A.S.), one of Turkey's largest fuel retail chains, following the receipt of all necessary regulatory approvals.

ExxonMobil plans to invest more than US$200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas, US.

Pulsar Helium Inc. has announced that that its wholly owned subsidiary, Keewaydin Resources Inc., has signed an agreement with Earthly Labs, a subsidiary of Chart Industries to collaborate on carbon capture.

Watershed, the enterprise sustainability platform, has announced that it has facilitated the purchase of sustainable aviation fuel certificates (SAFc) on behalf of customers including BlackRock, Ripple, Samsara, and Block.

Neste and Singapore-based essential chemicals company PCS Pte. Ltd. have launched a cooperation for the supply of renewable solutions to Southeast Asia’s chemicals industry.

Sulzer solutions have been selected for high-quality sustainable aviation fuel (SAF) production in support of China’s carbon neutrality strategy.

Aduro Clean Technologies Inc., a company using the power of chemistry to transform lower value feedstocks into resources, has signed a Memorandum of Understanding (MoU) with GF Building Flow Solutions Americas (GF).

Babcock & Wilcox has been awarded a contract to conduct a full-scale feasibility study of its SolveBright™ carbon dioxide capture technology to be integrated into Mälarenergi AB’s waste-to-energy plant in Västerås, Sweden.