Downstream contract news

Gpi Tanks XL has been selected by Technip Energies for the construction of 22 stainless steel storage tanks for the SkyNRG project in Delfzijl, the Netherlands.

Worley has been selected by Dow to provide FEED services under a new EPCM contract for the cogeneration component of Dow’s Path2Zero project in Fort Saskatchewan, Alberta, Canada.

Meghna PVC Ltd has taken a decisive step to reinforce long-term steel integrity by adopting a structured, data-driven approach to proactively maintain its assets through a partnership with Jotun.

Topsoe has entered into an agreement with BioVeritas to enable fuel producers to license Topsoe’s HydroFlex® technology alongside the BioVeritas Process™ to produce renewable fuels from second-generation feedstocks.

SK Minerals & Additives Ltd has announced a major expansion of its production capacity at its Khanna facility near Ludhiana, Punjab, India.

TA’ZIZ has announced that the TA’ZIZ Methanol Co. has achieved financial close on US$2 billion (AED7.34 billion) financing for the UAE’s first world scale methanol plant in Al Ruwais Industrial City.

Borouge Plc is set to deliver the first batch of Cross-Linkable Polyethylene (XLPE) materials from its Borouge 4 expansion project this quarter, further supporting the development of the UAE’s energy sector.

LyondellBasell has announced that it has completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA.

TA’ZIZ and Alpha Dhabi Holding have announced a strategic collaboration agreement for ~$10 billion (AED36.7 billion) in capital investment in new industrial chemicals in the TA’ZIZ industrial chemicals ecosystem in the UAE.

Zeeco has entered into a definitive agreement to acquire Oil & Gas Technologies, an Australia-based provider of vapour control and related equipment for the downstream liquid fuels storage and energy sector.