Downstream contract news

India Glycols Ltd and Clariant have completed the creation of their 49 – 51% joint venture (JV) for renewable ethylene oxide (EO) derivatives after receiving all necessary regulatory approvals.

INEOS Energy has announced its £25 million cornerstone backing for HydrogenOne, the first listed fund dedicated to clean hydrogen in London, UK.

LyondelBasell has announced its acquisition of PolyPacific Polymers Sdn. Bhd. in Malaysia.

Lhoist has joined ArcelorMittal France, IFP Energies nouvelles, Axens and Total in the dinamX carbon capture project.

Maire Tecnimont Group is expanding its footprint in India with a US$170 million EPCC contract by Indian Oil Corp. Ltd (IOCL).

Shell is starting up a PEM green hydrogen electrolyser in Europe. The project, backed by a European consortium, will accelerate hydrogen production and contribute to Europe’s goal to achieve climate neutrality.

According to GlobalData, China is expected to lead Asia’s refinery vacuum distillation unit (VDU) capacity additions by contributing about 36% of the regions’ total VDU capacity additions between 2021 and 2025.

Sulzer outlines a case study in which it completed a complete compressor overhaul in less than 20 days, maximising plant productivity and uptime.

Shell and Rolls-Royce will join forces to progress the use of sustainable aviation fuel (SAF) in aircraft engines and shape policies that support a net zero pathway for the industry.

KBR has been awarded a contract by Raízen Argentina for modernising the fluid catalytic cracking (FCC) unit at its Buenos Aires refinery.