Downstream contract news

Brightmark and Chevron have announced the second expansion of their joint venture, Brightmark RNG Holdings LLC, to own projects across the US to produce and market dairy biomethane, a renewable natural gas (RNG).

bp and CleanBay Renewables has announced a 15-year agreement where bp will purchase renewable natural gas (RNG) processed from poultry litter and sell it as fuel for the US transportation sector. 

BASF is building a new pilot plant centre at its Ludwigshafen site, Germany, to strengthen its global catalyst development and help customers to bring new products faster to the market.

Harvestone Group has announced the acquisition of Gateway Terminals LLC, a bulk liquid terminal complex located on the banks of the Mississippi river in Sauget, Illinois, US.

McDermott’s CB&I Storage Solutions business has been awarded an EPC contract by AG&P for a second LNG storage tank and double-wall LNG bullet for AG&P's Philippines LNG (PLNG) terminal.

Marathon Petroleum Corp. (MPC) and ADM have announced an agreement to form a joint venture for the production of soybean oil to supply rapidly growing demand for renewable diesel fuel.

Toyo Engineering Corp. has been awarded a contract for a project to construct a polypropylene plant from Prime Polymer Co. Ltd.

W. R. Grace & Co., an independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOL PP Process Technology to GAIL (India) Ltd.

Woodside Petroleum Ltd (Woodside) and BHP Group (BHP) have entered into a merger commitment deed to combine their respective oil and gas portfolios by an all-stock merger.

Vertech Group’s tank inspection portfolio is set to expand, having recently been awarded a national bulk liquid storage tank inspection contract for onstream and offstream inspection services.