Downstream contract news

Borouge, Borealis, Catalytic Finance Foundation, Pelita Mekar Semesta (PMS), and Reciki Solusi Indonesia, are set to establish Indonesia’s first fully integrated circular waste management ecosystem.

Exolum, Methanex Corp., and Ørsted, have announced the launch of the UK’s first commercially ready bio-methanol storage and supply service for shipping at the Port of Immingham.

JERA Co., Inc. has announced the signing of a long-term LNG sale and purchase agreement with QatarEnergy to secure the supply of 3 million tpy for 27 years.

Covestro, Fertiglobe, and TA’ZIZ have signed a memorandum of understanding (MoU) to explore collaboration across petrochemicals sector and the ammonia and nitric acid value chains.

Axens has announced the closing of the acquisition of 100% of Eurecat, following the completion of the required regulatory approvals.

Binh Son Refining and Petrochemical JSC (BSR) has signed several memoranda of understandings (MoUs) with leading US energy firms, marking a fresh step forward in bilateral energy cooperation.

Baker Hughes has announced an agreement with Marathon Petroleum to become its preferred provider for hydrocarbon treatment products and services at refineries across the US.

Valmet has received orders from Dow to supply turnkey process analytical solutions for its Path2Zero project at its Fort Saskatchewan site in Alberta, Canada.

OQ and Kuwait Petroleum International (KPI) have signed a Project Development Agreement of a jointly owned petrochemical complex in the Special Economic Zone at Duqm (SEZAD), Oman.

Provaris Energy has announced it has entered into a MoU with Himile to assess fabrication of and costs of proprietary LCO2 tanks at Himile’s manufacturing site in Rushan, China.