Downstream contract news

VLS Environmental Solutions has acquired Merichem’s Caustic Services business, a move that enhances VLS’ reach in the chemical and petrochemical sectors.

Ketjen has announced that it will implement a pricing adjustment for its hydroprocessing catalyst portfolio, effective 15 January 2026.

Haffner Energy and IGNIS P2X have announced that they have begun their bio/e-SAF collaborative project AeroVerde, and their immediate task consists in identifying the project’s first site’s precise location in Spain.

Corteva Inc. and BP have announced the launch of Etlas, their new 50:50 joint venture that will produce oil from crops for use in the production of biofuels.

Hindustan Petroleum Corp. Ltd (HPCL) has commissioned the Residue Upgradation Facility (RUF) at its Visakh Refinery, India.

L&T’s Hydrocarbon Onshore business vertical (L&T Onshore) has won a major order from Bharat Petroleum Corp. Ltd (BPCL) for a polyethylene swing unit in India.

Woodside and BOTAS have signed a sale and purchase agreement for the long-term supply of LNG.

SAMSUNG E&A, a total solutions provider for the global energy industry, has announced that it has broken ground on its Wabash Low-Carbon Ammonia Plant in the US.

NEXTCHEM has agreed to acquire 100% of Ballestra Group, composed of Ballestra S.P.A. (Italy), Buss Chemtech Ag (Switzerland), and Ballestra Engineering and Projects Pvt (India).

PETRONAS has entered into a sale and purchase agreement with CNOOC Gas and Power Singapore Trading & Marketing Pte. Ltd for the supply of 1 million tpy of LNG.