Downstream contract news

Brad Cook, Vice President of Sales and Marketing at Sabin Metal Corp., explains how companies can maximise the value of their precious metal catalysts by choosing the right partner for recovery and refining.

Rely has been awarded engineering studies contract to solidify plant definition and support for H4 Marseille Fos’ European green aviation fuel hub.

Aramco has advanced its strategic downstream expansion with the acquisition of an additional 22.5% stake in Petro Rabigh from Sumitomo for US$702 million (SAR 7 per share).

Tagaddod has announced the close of its US$26.3 million Series A funding round, led by The Arab Energy Fund (TAEF) with participation from FMO, VKAV, and A15.

Chart Industries has been awarded a contract to supply air-cooled heat exchangers, brazed aluminium heat exchangers, and cold boxes for Sempra Infrastructure’s Port Arthur LNG Phase 2 development project.

Arcadia eFuels has signed an agreement with Hitachi Energy to deliver electrical infrastructure for Vordingborg eSAF facility, featuring on site green hydrogen production.

Chart Industries Inc. has announced that its shareholders have voted to approve the company’s acquisition by Baker Hughes.

Mitsui Chemicals and Ketjen have entered into a share purchase agreement for Nippon Aluminum Alkyls Ltd, a company that produces co-catalysts for polyolefins.

Dow and MEGlobal have finalised an agreement for Dow to supply an additional equivalent of 100 000 tpy of ethylene from its Gulf Coast operations, US.

The MultiPHLY hydrogen project has reached a milestone with the start-up of a multi-megawatt electrolyser at Neste’s refinery in Rotterdam, the Netherlands.