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Downstream contract news

 
 
 

UNICAT Catalyst Technologies acquires Magma Group

UNICAT Catalyst Technologies LLC, a portfolio company of White Deer Energy, a US private equity firm, has completed the acquisition of Jemmtec Ltd, trading as Magma Group, a UK based specialist in ceramics and catalyst manufacturing and related services.

 
 
 

Engen refinery to be converted into storage terminal

South African company Engen has announced that it will be proceeding with its refinery to terminal (RTT) conversion initiative, concluding that the refinery is not sustainable long-term.