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Downstream news

Ferguson to acquire FloWorks

Ferguson Enterprises Inc. has announced that it has entered into a definitive agreement to acquire FWI Holdings, Inc. (FloWorks), an industrial distributor and service provider of highly technical valves and flow control solutions, from Wynnchurch Capital L.P.

 

OMV receives funding for green hydrogen plant

OMV has received a €450 loan from the European Investment Bank (EIB) for the construction of its 140 MW green hydrogen production facility in Austria to significantly contribute to the decarbonisation of its Schwechat refinery.

 

INERATEC and Zeopore announce collaboration

INERATEC and Zeopore have collaborated to increase the efficiency of CO2-neutral fuels and support the competitive scale-up of sustainable fuel and chemical production.