Downstream news
Meghna PVC Ltd and Jotun partner for corrosion management
Meghna PVC Ltd has taken a decisive step to reinforce long-term steel integrity by adopting a structured, data-driven approach to proactively maintain its assets through a partnership with Jotun.
Topsoe and BioVeritas to accelerate second-generation renewable fuels production
Topsoe has entered into an agreement with BioVeritas to enable fuel producers to license Topsoe’s HydroFlex® technology alongside the BioVeritas Process™ to produce renewable fuels from second-generation feedstocks.
SK Minerals & Additives plans expansions amid rising demand for advanced material solutions
SK Minerals & Additives Ltd has announced a major expansion of its production capacity at its Khanna facility near Ludhiana, Punjab, India.
EIA: one-fifth of US renewable diesel and SAF production was exported in 2H25
The US exported nearly 50 000 bpd of renewable diesel and other biofuels in 2H25, about 20% of the combined production for those fuels, the US EIA has reported.
TA’ZIZ announces US$2 billion financing for methanol plant
TA’ZIZ has announced that the TA’ZIZ Methanol Co. has achieved financial close on US$2 billion (AED7.34 billion) financing for the UAE’s first world scale methanol plant in Al Ruwais Industrial City.
Borogue to deliver first batch of XLPE materials
Borouge Plc is set to deliver the first batch of Cross-Linkable Polyethylene (XLPE) materials from its Borouge 4 expansion project this quarter, further supporting the development of the UAE’s energy sector.
Edison: QatarEnergy extends force majeure
Edison has announced that it has received an update from QatarEnergy of ongoing force majeure affecting LNG supplies delivered to the Adriatic LNG terminal.
Rystad Energy: US-Iran deal would delay, not end, supply crisis
Even if a deal is struck, Rystad Energy cautions that the consequences for physical oil markets will be slower and more conditional than futures prices are currently pricing in.
LyondellBasell completes sale of select European strategic assessment assets
LyondellBasell has announced that it has completed the sale of select European olefins and polyolefins assets, and the associated business and corporate functions, to AEQUITA.
TA’ZIZ and Alpha Dhabi sign agreement for US$10 billion chemicals investment
TA’ZIZ and Alpha Dhabi Holding have announced a strategic collaboration agreement for ~$10 billion (AED36.7 billion) in capital investment in new industrial chemicals in the TA’ZIZ industrial chemicals ecosystem in the UAE.