Downstream contract news
Perpetual Next USA to develop three biomethanol facilities
Perpetual Next USA is set to develop an additional three biomass-to-biomethanol production facilities in the Southeastern US, with each facility designed to process approximately 1 million tpy of sustainably sourced biomass feedstock.
Yokogawa invests in Semantum to strengthen digital solutions
Yokogawa has announced that it has increased its investment in Semantum Oy, a company that provides digital solutions in areas such as industrial plant data modelling, simulation, optimisation, and engineering automation.
Dangote Refinery selects EIL for expansion contract
Engineers India Ltd (EIL) has partnered with the Dangote Group as the PMC and EPCM consultant for the 650 000 bpd Dangote Refinery and Petrochemical Complex.
Orlen to build solar project at Plock refinery
Orlen are set to build a 40 MW solar project in the immediate vicinity of Orlen’s production plant in Plock, Poland.
VARO completes acquisition of Preem
VARO Energy has announced that it has completed the Preem AB acquisition, marking the delivery of VARO Energy’s 2022 ONE VARO Transformation strategy by creating VAROPreem.
L&T wins order for hydrocarbon onshore business
L&T Onshore has won a large order from Petronet LNG for the construction of additional storage at the Dahej Petrochemical Complex in Gujarat, India.
Ammobia raises US$7.5 million to scale low-cost ammonia production
Ammobia has raised US$7.5 million to scale its low-cost ammonia production technology which has the potential to be critical to energy resilience.
Econotherm secures contract at Rotterdam refinery
Econotherm has announced that it has been awarded a contract exceeding €3 million for the supply of three fired heater air pre-heaters in a Rotterdam-based refinery, the Netherlands.
TotalEnergies and Bapco Energies Launch BxT Trading
TotalEnergies and Bapco Energies have launched BxT Trading, an equally owned trading joint venture backed by flows from Bapco Energies’ Refinery.
Aether announces US$15 million in funding and new leadership appointments
Aether Fuels has announced new leadership appointments and US$15 million in additional funding that will help accelerate the company’s momentum toward full commercialisation.