Downstream contract news

INEOS Inovyn has confirmed that it has agreed to acquire the remaining 50% shareholding in Runcorn MCP Ltd, together with the assets and employees associated with ethylene dichloride production at Runcorn from Vynova Runcorn Ltd, UK.

The AFPM has gathered the following perspectives from analysts and reporters to help explain why fuel prices today are not moving in lockstep with crude oil prices, and why refining capacity has become one of the most important factors shaping what consumers pay at the pump.

Ebara Elliott Energy and Doosan Enerbility have signed a Memorandum of Understanding to co-develop advanced gas turbine-driven centrifugal compressors for the LNG industry.

Clariant has announced the official launch of two new research and development laboratories for its Additives business in China: one at the Daya Bay production site in Huizhou and one at the One Clariant Campus (OCC) in Shanghai.

P2X Solutions and avanca/Alternoil have entered into a long-term e-methane agreement with deliveries scheduled to start in 4Q26.

Syzygy Plasmonics has announced a framework agreement with the International Finance Corp. to support the development of a pipeline of SAF projects across Latin America.

The planned Initial Public Offering of the Dangote Petroleum Refinery & Petrochemicals has taken a significant step forward with the completion of a US$1 billion underwriting programme, strengthening the capital markets foundation for what could become Africa’s most consequential industrial listing.

Kino Aski Inc. and Marinvest Energy Canada Inc. have announced the joint development of Kino Aski LNG, a First Nations-led energy corridor and LNG project designed to supply Europe with competitive, low-carbon Canadian energy.

Zimar Group is set to build a US$1.9 billion refinery and petrochemical complex in Dosso, southerwestern Niger, according to various media outlets.

MAIRE has announced that Nextchem, through its subsidiary MyRechemical, has been awarded licensing, Process Design Package, and engineering services by SKY Renewables Burdekin Pty Ltd for the syngas section of Project Lion, Australia.