Downstream contract news

SIAD Group has announced the construction of a new manufacturing facility for compressors in Seriate, Bergamo, Italy, with a planned investment of €18 million, scheduled for completion by mid-2026.

Glenfarne’s Texas LNG Brownsville LLC and Kiewit Energy Group Inc. have announced the execution of an EPC agreement under a lump-sum turnkey contract structure.

KT-Kinetics Technology has participated in the ceremony for the completion of the Rijeka Refinery Upgrade Project in Croatia, having completed the engineering, procurement and construction activities.

Axens has signed a Memorandum of Understanding (MoU) with Airbus to strengthen their cooperation in the development and deployment of sustainable aviation fuel (SAF).

Clariant has announced a strategic collaboration with Vertimass LLC aiming to accelerate the development and commercialisation of advanced zeolite catalysts for the catalytic conversion of biobased alcohols.

KBR has announced that it has been awarded a 10-year catalyst supply contract by Indorama Eleme Fertilizer & Chemicals FZE for its entire ammonia plant portfolio.

ITT Inc. has announced the closing of its acquisition of SPX FLOW, Inc., a provider of highly engineered equipment and process technologies serving industrial and chemical markets.

US developers signed sale and purchase agreements for 40 million tpy of LNG in 2025 from planned export facilities, according to US Department of Energy and company website data compiled by the US Energy Information Administration.

EnerMech has secured a five-year contract to deliver integrated mechanical, electrical, and instrumentation (ME&I) maintenance services at Ampol’s Lytton Refinery in Brisbane, Australia.

Escalating conflict in the Middle East and restrictions at the Strait of Hormuz are disrupting critical global flows of chemicals, plastics, and energy, the ICIS has reported.