Downstream contract news
BASF and Carlyle reach binding transaction agreement on coatings business
BASF and funds managed by Carlyle have entered into a binding agreement relating to BASF’s automotive OEM coatings, automotive refinish coatings, and surface treatment businesses (BASF Coatings).
Uniper and Five Bioenergy sign long-term biomethane supply agreement
Uniper and Five Bioenergy have signed a seven-year biomethane purchase agreement from three of Spain’s largest biomethane plants, which are located in Murcia, Spain.
Eni launches authorisation process for new biorefinery and chemical recycling plant
Eni has launched the authorisation process for the Environmental Impact Assessment (VIA) to transform its industrial site in Priolo, Sicily, Italy, a new biorefinery and chemical recycling plant for plastics.
Hydrocarbon Engineering Spotlight with Sabin Metal Corp.
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 secures engineering studies contract
Rely has been awarded engineering studies contract to solidify plant definition and support for H4 Marseille Fos’ European green aviation fuel hub.
Aramco completes acquisition of additional stake in Petro Rabigh
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 secures US$26.3 million Series A
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 wins Port Arthur LNG Phase 2 Project contract
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 and Hitachi Energy to deliver infrastructure for eSAF facility
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’ shareholders approve acquisition by Baker Hughes
Chart Industries Inc. has announced that its shareholders have voted to approve the company’s acquisition by Baker Hughes.